Administrative Prosecution establishes unit for investment issues
Decision comes into effect on 1 September
Government issues decree to establish General Authority of Economic Zone of Suez Canal
The authority will own state-owned lands and establishments in the zone. According…
Messaging app Kik secures funding from Tencent
Canada-based Kik Interactive has said it's secured tens of billions of dollars…
Suez Canal extension will take time to affect positive credit: Moody’s
Canal expansion is part of wider project to turn surrounding area into…
Google announces significant restructuring
Google, Inc. is creating a new parent company called Alphabet to be…
Suez Canal makes Egypt ‘economic tiger’ on international shipping lines: Maritime workers
The canal will be a lifeline for Egypt’s economy that not only…
Munich Re ups profit guidance on healthy quarter
Germany's Munich Re has reported a marked rise in second-quarter profit. The…
Uber plans massive investment in India
App-based car service Uber aims to pour a huge amount of money…
Fed leaves door open for September rate hike
Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…
Investors lose interest in Russia
Global investment funds are turning increasingly skeptical about Russia's economic prospects, as…