Egypt

Inspection battle threatens Egypt`s wheat supply

Inspection battle threatens Egypt`s wheat supply

Published 17/10/2017

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. [more…]

U.N. cultural agency to pick new chief after U.S. walkout

U.N. cultural agency to pick new chief after U.S. walkout

Published 13/10/2017

The United Nations' cultural agency will elect a new chief on Friday, seeking someone who can revive UNESCO's fortunes after the United States and Israel pulled out. [more…]

Drained of cash and riven by rivalries, UNESCO seeks leader to revive fortunes

Drained of cash and riven by rivalries, UNESCO seeks leader to revive fortunes

Published 06/10/2017

When Israel's envoy told UNESCO delegates last July that fixing the plumbing in his toilet was more important than their latest ruling, it highlighted how fractious geopolitics are paralyzing the workings of the agency. [more…]

Monarch Airlines goes bust, spoiling holiday plans for many Britons

Monarch Airlines goes bust, spoiling holiday plans for many Britons

Published 03/10/2017

Britain's Monarch Airlines [MONA.UL] collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound. [more…]

Commercial Bank of Qatar looks to Asian funding amid Arab boycott

Commercial Bank of Qatar looks to Asian funding amid Arab boycott

Published 25/09/2017

Qatar's third-largest lender, Commercial Bank of Qatar (CBQ), is considering borrowing money on the Taiwanese bond market, its group chief executive told Reuters, as a crisis in the region makes it harder to raise funds. [more…]

Egyptian court acquits Irish citizen of murder in mass trial

Egyptian court acquits Irish citizen of murder in mass trial

Published 18/09/2017

An Egyptian court on Monday acquitted Irish citizen Ibrahim Halawa and his three sisters of charges including murder in a mass trial that has been going on for over four years, during which he was in jail. [more…]

Oil weakens on fears Irma could dent U.S. demand

Oil weakens on fears Irma could dent U.S. demand

Published 11/09/2017

Oil prices edged lower on Monday on concerns that Hurricane Irma's pounding of heavily populated areas of Florida could dent oil demand in the world's top oil consuming nation. [more…]

Oil edges up as Saudis discuss extending supply cut

Oil edges up as Saudis discuss extending supply cut

Published 11/09/2017

Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. [more…]

Trump says will discuss military issues, Qatar with Kuwait`s emir

Trump says will discuss military issues, Qatar with Kuwait`s emir

Published 07/09/2017

U.S. President Donald Trump said he would discuss trade and military issues with the emir of Kuwait at the White House on Thursday, as well as tensions over Qatar. [more…]

Egypt`s tourism revenues rise 170 percent in first seven months of 2017: official

Egypt`s tourism revenues rise 170 percent in first seven months of 2017: official

Published 05/09/2017

Egypt's tourism revenues jumped by 170 percent in the first seven months of 2017, reaching $3.5 billion, a government official told Reuters. [more…]