News

Note: This section contains information in English only.
Sun, 12 Aug 2018 08:51:01 GMT

Egypt non-oil sector shows great recovery in July

The non-oil private sector of Egypt showed a greater recovery over the month of July, supported by gradual normalisation of monetary policy, rebound in the tourism sector and improved political stability, Emirates NBD said.

Sun, 12 Aug 2018 07:53:31 GMT

Chinese home appliances online sales rise in H1

Home appliances' online sales in China registered strong growth pace in the first half of 2018, being up 22% year-on-year, due to a boom in the country's e-commerce sector, a report showed.

Sun, 12 Aug 2018 07:50:16 GMT

Saudi Arabia, UAE non-oil sector expansion eases last month

The non-oil private sector of UAE showed the weakest growth pace in three months in July, the Emirates NBD PMI survey showed, adding that both Saudis and the UAE marked softer growth in new work and output than June.

Sun, 12 Aug 2018 07:29:10 GMT

China's CNPC to take over Total's share in Iran gas project

China's state-owned energy company CNPC will take over the share in Iran's South Pars gas project owned by France's Total, the Iranian state news agency IRNA reports.

Sun, 12 Aug 2018 07:28:20 GMT

China's securities regulator approves 3 IPO

China's Securities Regulatory Commission gave a green light to three IPO applications which plan to raise around $613.5M in the A-share market.

Sun, 12 Aug 2018 06:28:55 GMT

Experts: US "economic battle" against other countries counterproductive

The economic sanctions imposed by the US against Iran, Russia and Turkey are likely to undermine US foreign policy targets in the long run, experts say.

Sun, 12 Aug 2018 06:28:02 GMT

India's Kerala flood death toll increases to 37

Thirty seven people are considered to be dead or missing due to floods in the Indian southernmost state of Kerala, local newspapers report. 

Sun, 12 Aug 2018 05:30:54 GMT

Experts: US-Turkey ties in "real dilemma"

The US President Donald Trump's decision to double tariffs on steel and aluminium imports from Turkey puts ties between the two nations in a "real dilemma", experts say.

Sun, 12 Aug 2018 05:29:45 GMT

Israel to stop using coal in next 10 years

Israel plans to stop using coal by 2025-2030 and move to alternative sources of energy, the Israeli Ministry of Environmental Protection reports.

Sun, 12 Aug 2018 03:02:01 GMT

Iranian contract with CNPC and Total remains unchanged

A senior Iranian oil official claimed that a gas field development agreement with China's CNPC and France's Total remains unchanged despite his earlier statement that CNPC took Total's share in the project.

Sun, 12 Aug 2018 02:59:57 GMT

Saudi Arabia's PIF shows no interest in supporting Tesla buyout

Public Investment Fund of Saudi Arabia showed no interest in financing the $72B Tesla buyout deal despite the acquisition of the minority stake earlier this year.

Sun, 12 Aug 2018 02:16:11 GMT

Air France-KLM director: next CEO must not support non-French interests

Paul Farges, a member of the directors board of Air France-KLM claimed that a new CEO must not serve external interests, criticising Air Canada's CEO as a preferred candidate.

Sun, 12 Aug 2018 02:13:53 GMT

Russia strikes drone near its Syrian base

On Saturday, Russian state news agency TASS informed that Russian military shot down a drone which came close to Russian Hmeimim air base in Syria.

Sat, 11 Aug 2018 22:16:15 GMT

UAE condemns attack on security forces in Jordan

The United Arab Emirates strongly condemns an attack on the security forces of Jordan, a statement by the UAE's Ministry of Foreign Affairs and International Cooperation shows.

Sat, 11 Aug 2018 22:15:27 GMT

Russia-US economic war likely as new sanctions near

The US State Department says that Washington plans to impose new sanctions on Russia in the end of August, a move that Moscow views as the announcement of an "economic war".

Sat, 11 Aug 2018 20:02:14 GMT

Arabs protest against new Israeli law

Thousands of Arabs and other minorities went to the streets of Tel Aviv on Saturday to protest against the law, which declares Israel the nation-state of the Jewish people.

Sat, 11 Aug 2018 20:02:05 GMT

US wants to improve relations with Russia

In a phone call with Russia's Foreign Minister Sergei Lavrov, the US Secretary of State Mike Pompeo said that the White House still wants to have better relations with Russia and is ready to continue dialogue.

Sat, 11 Aug 2018 19:12:02 GMT

CNPC replaces Total in South Pars project

According to the IRNA news agency, China's energy giant CNPC has replaced Total's 80.1% share in Iranian South Pars gas project.

Sat, 11 Aug 2018 19:06:57 GMT

Khamenei calls for legal action

The Supreme leader of Iran Ayatollah Ali Khamenei called on Saturday for just and swift action from courts with respect to economic crimes especially in light of ongoing economic war initiated by the US.

Sat, 11 Aug 2018 18:12:45 GMT

Turkey to use Lira in trade with Eastern partners

The President of Turkey Tayyip Erdogan said on Saturday that the country will start using its national currency in trade with Russia, Iran and China.

Sat, 11 Aug 2018 18:12:39 GMT

Amazon to clarify misleading delivery claim

The Advertising Standards Authority (ASA) stated on Saturday that Amazon's claim about one-day delivery option for members of Amazon Prime was misleading and required clarification.

Sat, 11 Aug 2018 17:03:02 GMT

Bayer says glyphosate is safe

Bayer, the owner of agriculture colossus Monsanto, said on Saturday that glyphosate used in herbicides is carcinogenic and does not cause cancer.

Sat, 11 Aug 2018 17:02:55 GMT

Japanese protest against US Marine base

Tens of thousands of Okinawans went to the streets on Saturday to protest against the government plans to relocate American military base.

Sat, 11 Aug 2018 16:12:21 GMT

Kazakhstan says no US military presence at Caspian

Despite widespread rumours in Russian media, establishment of American military bases at the Caspian Sea is not even discussed, the Kazakh FM Kairat Abdrakhmanov said on Saturday.

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