Trade
Odds of settling US-EU trade rifts? Hope may outrun progress
World
June 13, 2021
Odds of settling US-EU trade rifts? Hope may outrun progress
WASHINGTON (AP) — President Joe Biden has vowed to mend America’s trade relations with its European allies, which were stretched…
US sells off Iranian crude oil seized off coast of UAE
Middle East
May 31, 2021
US sells off Iranian crude oil seized off coast of UAE
DUBAI, United Arab Emirates (AP) — The US has sold some two million barrels of Iranian crude oil after seizing…
Trade Minister discusses locally manufacturing buses, minibuses with Chinese company
Egypt
May 24, 2021
Trade Minister discusses locally manufacturing buses, minibuses with Chinese company
On Sunday, Egypt’s Minister of Industry, Trade, and Small Industries Nevin Gamea met with representatives from the Chinese company Yutong…
Poland to become first NATO country to buy Turkish drones
Middle East
May 24, 2021
Poland to become first NATO country to buy Turkish drones
Poland will buy 24 armed drones from Turkey, the Polish defense minister said on Saturday, becoming the first NATO member…
Turkey bans polyethylene plastic imports
Middle East
May 19, 2021
Turkey bans polyethylene plastic imports
ISTANBUL (AP) — Turkey has banned the importation of ethylene polymer plastic waste as environmental groups sound the alarm on…
Biden administration approved $735 million arms sale to Israel – sources
Middle East
May 18, 2021
Biden administration approved $735 million arms sale to Israel – sources
President Joe Biden’s administration approved the potential sale of $735 million in precision-guided weapons to Israel, and congressional sources said…
Egypt’s foreign reserves increase to US$40.3 billion at end of April
Business
May 6, 2021
Egypt’s foreign reserves increase to US$40.3 billion at end of April
The Central Bank of Egypt (CBE) said on Thursday that the country’s net foreign reserves increased to US$40.3 billion at…
EU-China investment deal put on ice over sanctions
World
May 5, 2021
EU-China investment deal put on ice over sanctions
A diplomatic spat between the European Union and China has jeopardized a major investment agreement, officials said on Tuesday. EU Commission Vice President…
US fines German software company SAP $8M over Iran sanctions
Middle East
April 30, 2021
US fines German software company SAP $8M over Iran sanctions
US prosecutors said Thursday that German software giant SAP will pay more than $8 million in penalties in acknowledging that…
Blinken says Turkey, others, should refrain from new purchases of Russian weapons
Middle East
April 29, 2021
Blinken says Turkey, others, should refrain from new purchases of Russian weapons
US Secretary of State Antony Blinken said Turkey and all US allies on Wednesday should refrain from making further purchases…