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…
Can Greece invest its way out of the crisis?
Greece could surely use some economic growth - badly. But how? An…