Siemens to press criminal charges as Russian-bound turbines head to Crimea
Siemens will open charges on the "responsible individuals" who shipped turbines to Crimea from Southern Russia. Russian Energy Minister Alexander Novak said Moscow will push ahead to construct two plants…
Energy subsidy cuts, take its toll on the average Egyptians
Egypt, a country with a population of 90m, where more than 28% of them live below the poverty line, has been suffering following the 25 January Revolution in 2011 from…
Car sales fell by 45% in May
Expectations of further decline in sales due to increase in interest rate
Car prices unchanged in July except Hyundai, Nissan, Chery
Car companies maintained their prices in July, except Hyundai, Nissan, and Chery. The increases of the three companies ranged between 1,500 and 11,000. For the first time in years, car…
The more coffee you drink, the longer you will live (if you’re lucky, that is)
Are you addicted to coffee? Then you may have a reason to celebrate. A long-term international study suggests that enjoying a cup of coffee is good for your health. And…
Germany’s Schäuble wants review of EU finance rules
At a meeting of European finance ministers, Germany warns that eurozone banking rules need reform amid new criticism that recent rescues of Italian banks failed to heed the lessons of…
IFC invests $26.2bn in funding startups across MENA region
The International Finance Corporation (IFC), which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily investing in a number of startups across the MENA…
Dieselgate: Porsche employees now under investigation
Employees of the German luxury car maker Porsche are now being eyed by investigators in the emissions scandal which is slowly engulfing the industry and has already led to criminal…
VictoryLink affirms more marketers implementing mobile advertising into budgets
72% of global companies use location-based mobile targeting
Construction companies face significant losses due to delayed compensation: Egyptian Federation for Construction
Construction companies have been waiting for the payment of compensation for more than a year, and not one pound has been disbursed so far, says Al Damrawi
