News

Note: This section contains information in English only.
Sun, 09 Dec 2018 19:18:42 GMT

Belgian PM forms new government

On Sunday, the Prime Minister of Belgium Charles Michel was forced to relaunch his government, as the Flemish N-VA left coalition amid tensions related to signing the UN document on migration.

Sun, 09 Dec 2018 18:19:09 GMT

Saudi refuse to extradite suspects in Khashoggi murder

The Foreign Minister of Saudi Arabia Adel Al-Jubeir stated on Sunday that his country would not extradite its citizens, including suspects in the Khashoggi case.

Sun, 09 Dec 2018 18:15:44 GMT

World Bank gives Egypt $1B loan

The World Bank has agreed to provide a $1B loan to Egypt in order to support its private sector, the World Bank Vice President Ferid Belhaj said on Sunday.

Sun, 09 Dec 2018 17:04:42 GMT

Jordan to withdraw controversial cybercrimes law

On Sunday, the Jordan governments spokesman Jumana Ghunaimat said that the country would withdraw the controversial cybercrimes bill, submitted to Jordan's Parliament.

Sun, 09 Dec 2018 17:03:18 GMT

Macron plans to meet employers' organisations and trade unions

According to a source in an Elysee Palace, the French President Emmanuel Macron hold a meeting with representatives of employers' organisations and the French trade unions.

Sun, 09 Dec 2018 16:15:11 GMT

May insists on crucial Brexit vote

On Sunday, the UK Prime Minister Theresa May insisted that a crucial parliament vote on her draft Brexit agreement would go ahead as planned.

Sun, 09 Dec 2018 16:13:10 GMT

May's deal looks set to be rejected by parliament

Several pro-Brexit ex-government ministers urged the UK Prime Minister Theresa May to go back to the European Union and renegotiate a better deal, as parliament prepares to vote on her draft Brexit deal.

Sun, 09 Dec 2018 14:06:21 GMT

Spanish housing prices grow 7.2% in Q3

Spain's housing prices increased 7.2% in the Q3 of 2018, compared with the quarter last year, according to the report by the Spanish Statistical Office.

Sun, 09 Dec 2018 14:04:47 GMT

AIIB approves $400M loan for drinking water project in India

About 3.3M people in India are likely to access safe drinking water after the approval of a credit of $400M by the AIIB.

Sun, 09 Dec 2018 13:22:26 GMT

Serbian budget or 2019 targets faster development, higher standard

The new budget of Serbia brought significant increase in salaries of public sector, as well as capital investments and pensions, in a bid to fuel development and improve living standards.

Sun, 09 Dec 2018 13:22:18 GMT

China's AI industry to exceed $145B by 2030

The value of Chinese core Artificial Intelligence industries is likely to exceed $145.47B by 2030, the latest report by BI stated.

Sun, 09 Dec 2018 12:22:16 GMT

Johnson says Brexit deal should be renegotiated

The former British Foreign Minister Boris Johnson stated on Sunday that even if Theresa May lost vote on Brexit she could keep the post of Prime Minister and renegotiate the deal in Brussels.

Sun, 09 Dec 2018 12:17:35 GMT

China, Hong Kong bourses reach consensus on dual-class shares

The Hong Kong Stock Exchange stated on Sunday that it managed to reach a deal with Shenzhen and Shanghai stock exchanges on mainland investors' trading with Hong Kong-listed enterprises with double voting rights.

Sun, 09 Dec 2018 11:16:16 GMT

Bahrain criticizes Qatar at GCC summit

The Foreign Minister of Bahrain Sheih Khalid bin Ahmed Al Khalifa on Saturday criticised Qatari emir for not attending the Gulf Cooperation Council's (GCC) summit personally.

Sun, 09 Dec 2018 11:13:11 GMT

GCC summit opens in Riyadh

On Sunday, the Gulf Cooperation Council's (GCC) summit started its work in Saudi Arabia's capital Riyadh despite diplomatic crisis with Qatar and political crisis caused by Khashoggi assasination.

Sun, 09 Dec 2018 10:13:23 GMT

Odebrecht signs plea deal with Peru over bribery row

Peruvian unit of the Brazilian builder Odebrecht agreed on a deal with the Peru authorities to pay a fine worth multimillion dollars and provide evidence about bribed officials to continue its operations in the country.

Sun, 09 Dec 2018 10:12:06 GMT

Rheinmetall seeks taking controlling stake in KNDS

Rheinmetall, Germany's tank maker and car supplier, is seeking to acquire a majority stake up to 75% in the Franco-German firm KNDS, according to a Welt am Sonntag article.

Sun, 09 Dec 2018 04:51:11 GMT

China's police to shut down more than 1K social media profiles

China's police stated that it has closed 1.1K social media accounts and 31 websites in 2018 for unlawful activities, including blackmailing or trolling.

Sun, 09 Dec 2018 04:50:37 GMT

UK May expected to delay vote on Brexit, demand better terms

Theresa May, the UK Prime Minister, is expected to delay the parliamentary vote on Tuesday over her Brexit deal and head to Brussels later to demand better terms from the EU.

Sun, 09 Dec 2018 04:06:20 GMT

China-US trade surplus widens in November

The Chinese trade surplus with the US widened to $35.55B in the month of November, compared with $31.78B in October, China's customs data revealed.

Sun, 09 Dec 2018 04:05:27 GMT

Continental considers software takeovers after IPO of Powertrain

Germany's car parts maker Continental was considering an acquisition of software makers after its Powertrain unit's floatation expected in the H2 of 2019.

Sun, 09 Dec 2018 01:47:31 GMT

BMW names new autonomous driving development head

BMW stated that Alejandro Vukotich is set to be the head of the company's autonomous driving development and driver assistance department from the beginning of 2019.

Sun, 09 Dec 2018 01:46:12 GMT

IMF approves credit facility for Angola

The International Monetary Fund stated that the board approved a credit facility of $3.7B for Angola to support its economic reforms.

Sat, 08 Dec 2018 21:36:33 GMT

Russia's Sistema might consider cutting dividends at MTS unit

According to Interfax, the Russian conglomerate Sistema could think over cutting dividends at the MTS unit, in case it needs funds for covering a potential fallout from the US inquiry into the mobile phone operator's Uzbek business.

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