Search For Keyword.

Foreign investment in Egypt falls, pain ahead

Foreign direct investment in Egypt’s nonoil economy fell in the second quarter to its lowest levels since just after an IMF-backed austerity plan began nearly two years ago, a sign that more pain may lie ahead before Egyptians begin reaping benefits. Egypt is counting on new private-sector...

Tunisia extends state of emergency

Tunisia's presidency Friday announced the extension of the country's state of emergency, imposed in 2015 following a series of deadly jihadist attacks. The decision to prolong the state of emergency until November 6 comes amid a tense political climate ahead of legislative and...

Oil giant Aramco IPO by 2021: Saudi crown prince to Bloomberg

Saudi Crown Prince Mohammed bin Salman said that oil giant Aramco's initial public offering will go ahead by early 2021 after reports emerged the plan had been scrapped, Bloomberg reported. "I believe late 2020, early 2021," Prince Mohammed told Bloomberg in an interview published late...

India, Russia reportedly sign S-400 deal

Indian and Russia leaders on Friday signed the deal for five Russian S-400 Triumf missile shield systems, according to media reports, with an official statement expected later in the day. After arriving in New Delhi on Thursday for a two-day visit, Russian President Vladimir Putin met...