Author: Steven Sahiounie

The government has already completed 70% of the project’s investment scheme, which targets adding from 7,500 to 10,000 new hotel rooms, the official said

Egypt’s annual urban consumer price inflation decreased to 29.8% in January from 33.7% in December, statistics agency CAPMAS said on Thursday. (Writing by Ahmed Elimam; Editing by Alison Williams)

During the meeting, participants discussed the growth prospects for the fruit and vegetable trade in Dubai

Prime Minister Mostafa Madbouly announced a government initiative to allow real estate companies to sell units abroad in dollars, which would support exports and provide hard currency for the Egyptian economy

Swedish multinational conglomerate IKEA has extended its trademark rights in Russia for ten years, Russian media reported on Wednesday, citing the country’s intellectual property authority.

Sales of Apple’s MacBook Air and Pro in Russia soared by 20% year-on-year last year despite the tech behemoth leaving the country in 2022, Izvestia has reported, citing retailers.

Finnish mobile phone manufacturer HMD Global, the maker of the iconic Nokia cell phones, has announced plans to launch a new product line under its own brand.

The German authorities are discussing nationalizing the local subsidiary of Russian state-controlled energy major Rosneft, which has been under a trusteeship since 2022, the company said on Thursday.

al-Qutaynat comes less than 24 hours after the US Central Command said that six missiles were fired from Yemen toward two merchant ships on Tuesday. Al Mayadeen’s correspondent reported early Thursday that a joint US-British aggression targeted the al-Qutaynat area in the border district of Baqim in the northern Yemeni province of Saada. Our correspondent mentioned that the latest aggression on Yemen did not result in significant damage, while also reporting explosions in the province of Hodeidah. This comes less than 24 hours after the US Central Command (CENTCOM) mentioned that six missiles were fired from Yemen toward two merchant ships on Tuesday,…

A drone strike on Wednesday hit a vehicle in the Iraqi capital Baghdad, killing two commanders of a group, a security source and a group member said.The attack comes as tensions soar with the United States carrying out strikes on pro-Iran groups in Iraq and Syria amid the war in the Gaza Strip.One of those killed was a commander of the Kataeb Hezbollah group in charge of military affairs in Syria, a member of the pro-Iran Iraqi group told AFP on condition of anonymity.The source named the commander as Abu Baqr Al-Saadi.The security source also reported the deaths of two…