business

UAE sheikh buys stake in controversial Israeli soccer club
Middle East

UAE sheikh buys stake in controversial Israeli soccer club

JERUSALEM (AP) — Israel’s Beitar Jerusalem soccer club, which has gained notoriety for its racist fans and refusal to have…
Amid Brexit, Egypt, Britain sign free trade agreement
Business

Amid Brexit, Egypt, Britain sign free trade agreement

Egypt and Britain signed an agreement establishing a trade partnership between the two countries, which will go into effect on…
Iran prepares to raise oil exports if sanctions eased: state media
Middle East

Iran prepares to raise oil exports if sanctions eased: state media

(Reuters) – Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full…
Egypt arrests Juhayna company chairman for ‘funding terrorist group’
Egypt

Egypt arrests Juhayna company chairman for ‘funding terrorist group’

Egypt’s public prosecution on Saturday ordered to imprison Juhayna Food Industries company chairman Safwan Thabet for 15 days on charges…
Juhayna shares decline 6.1% after chairman’s arrest
Business

Juhayna shares decline 6.1% after chairman’s arrest

Egypt’s Juhayna Food Industries company’s shares declined by 6.1 percent on Wednesday, following the arrest of its founder and chairman Safwan…
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
Middle East

Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet

ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s promise of a new economic era triggered a foreign-driven rally in the lira,…
EgyptAir and Air Cairo activate codeshare agreement
Business

EgyptAir and Air Cairo activate codeshare agreement

EgyptAir and Air Cairo announced on Sunday the signing of a new codeshare between the two companies, aimed at providing…
AstraZeneca manufacturing error clouds vaccine study results
World

AstraZeneca manufacturing error clouds vaccine study results

LONDON (AP) — AstraZeneca and Oxford University on Wednesday acknowledged a manufacturing error that is raising questions about preliminary results…
Iran sees foreign firms returning if US lifts sanctions
Middle East

Iran sees foreign firms returning if US lifts sanctions

DUBAI (Reuters) – Iran expects foreign companies to return to the country if US sanctions are lifted under President-elect Joe…
UAE eases limits on foreign ownership to attract investors
Middle East

UAE eases limits on foreign ownership to attract investors

DUBAI, United Arab Emirates (AP) — The United Arab Emirates has relaxed and removed a range of limits on foreign…
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