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PSA reportedly hopes to be able to present the outline of a deal with Chinese state-owned carmaker Dongfeng and the French state to investors when it discloses its annual results on 19 February.
Chinese tourist companies want to make sure Egypt is a safe destination for their clients
Egyptian foreign minister indicates Egypt-US relations are moving in the right direction, but are not ideal
Petrochemical plant will be constructed in Ain Sokhna and is expected to create 20,000 jobs during construction and a further 20,000 jobs to operate the plant once built
Nabil Fahmy meets Chinese Vice President during his visit to the Asian country
Minister of Foreign Affairs thanks China for downgrading travel warning
Foreign minister to focus on Egypt’s economy on second visit to Asia
Decision expected to positively affect tourism, says foreign ministry spokesman
By Andrew Hammond US Vice-President Joe Biden’s trip to Japan, China and North Korea this week comes at a moment of major diplomatic tension in the region. Only last week, Beijing unilaterally declared a new “air defence identification zone” to much international concern. The zone covers an area of land and sea that encompasses islands, …
The report on Sunday stated the price of a Beijing latte as CNY 27 ($4.42), compared with CNY 24.25 ($3.97) in London, CNY 19.98 ($3.26) in Chicago and CNY 14.6 ($2.39) in Mumbai.
The world’s largest online retailer operates China’s most popular e-shopping platform Taobao, which has more than 90% of the country’s online market for consumer-to-consumer transactions.
Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil and natural gas business of US firm Apache Corp.
The company warned revenue could drop to between TWD 50bn and TWD 60bn ($1.6bn and $2bn) in the current quarter to the end of September.
There’s no doubt that smoking is a detrimental practice; no matter how light some cigarettes are, they still do harm to the body. Yet in Egypt, about 40% of adult men and 8% of adult women are smokers, and since 25 January, access to cigarettes has only increased, as new brands have entered the Egyptian market illegally and are sold at cheaper prices. The Daily News Egypt looks into the issue of smuggled cigarettes and their additional harmful impact on smokers.
Shipping container impounded by customs after suspicion over manifest
Chinese teen vandal caught by Internet vigilantes
President Xi Jinping on Friday said China, the world’s second largest economy and top energy consumer, would not sacrifice the environment for temporary economic growth.
A source from within ENR stated that Zakaria received a surprise invitation from the Chinese company to discuss further cooperation between the two sides, adding that the meeting began last Sunday
The Organisation of Petroleum Exporting Countries forecast total average oil demand of 89.7 million barrels per day, up 0.8 million per day from 2012, unchanged from its previous projection.
Internet giant now uses ‘Palestine’ instead of ‘Palestinian Territories’ on product pages such as flagship search engine and Google Maps
Egypt signs agreement with Chinese company EG-TEDA in Suez
Farm funded via joint Spanish-Chinese investment to export lobsters to EU, US
President tells Indian media he hopes the BRICS would soon become the ‘E-BRICS’ once Egypt gets its economy back on track
The devalued Egyptian pound and current consumer attitudes give the local economy a resilient character, they added
Public challenges to the authorities on press freedom are rare in China and the affair is seen as a test for the new Communist Party leadership
Scores of people, some carrying mourning flowers, gathered outside the Guangzhou offices of the Southern Weekly
The Arab Spring is undisputedly turning into an Islamist one. This has divided the world over how to deal with it. The realism school of Henry Kissinger supports opening up to Islamists, the same way Kissinger reached out to Communist China in the 1970s. The Chinese turned out to be more pragmatic than Communist, and …
Dow Jones Industrial Average up by 47.35 points 0.36 per cent, the broad-based S&P 500 gained 0.34 per cent, Nasdaq Composite rose 0.22 per cent
Russia had thrown its support behind Brahimi’s call for Syrian President Bashar Al-Assad’s army and the rebels to lay down arms during the Eid Al-Adha holiday
Rebels criticise Brahimi as they did with Kofi Annan