German arms exports keep rising in 2016
The German government has approved over 4 billion euros worth of arms exports in 2016 so far, a newspaper report has claimed. The figure marks a renewed increase in controversial…
FDI reach $5.8bn as of end of Q3
The FDI registered during Q3 (January – March 2016) reached $2.8bn, compared to $1.4bn during the first quarter, and $1.7bn in the second quarter.
Juno space probe hurtles towards Jupiter
As the Juno spacecraft zooms towards Jupiter at 200 times the speed of sound, NASA scientists on earth are nervously hoping it hits the brakes at just the right time…
Amnesty: Syrian rebels guilty of ‘war crimes’
Amnesty International says some Syrian opposition groups are carrying out abductions, torture and summary killings. The rights group called on international backers to stop sending arms to some Syrian rebels.
Cavendish outsprints Greipel to clinch Tour stage three
Mark Cavendish has joined Bernard Hinault in second on the all-time list of Tour de France stage winners. The British rider pipped Andre Greipel of Germany to take Monday’s third…
Udo Steinbach: ‘The physical end of ‘Islamic State’ is approaching’
In Syria and Iraq, the 'Islamic State' group has been losing ground for months, but worldwide, its attacks are becoming more effective. Middle East expert Udo Steinbach detects change within…
Iranian director Abbas Kiarostami dies at age 76
The acclaimed director, who won the 1997 Palme d'Or for "Taste of Cherry," passed away from cancer in France. He had left Iran last week for medical treatment.
Durant leaving Thunder to join Curry at Golden State
Kevin Durant, the biggest prize in the NBA free agent market, has announced he is joining the Golden State Warriors. Durant will leave Oklahoma City Thunder to join up with…
Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE
The global drop in oil prices has led to a decline in Egypt’s export proceeds by $3.7bn during the first nine months of fiscal year (FY) 2015/2016, according to the…
GlaxoSmithKline pumps EGP 400m into Egypt until 2017: Minister of Investment
Opening of new medicine production line by mid-September with estimated cost of EGP 60m
