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August 18, 2014

The upcoming tripartite talks between Egypt, Ethiopia and Sudan were initially planned to take place in Cairo but were later moved to Khartoum.
11:19 GMT
"Egypt has a new vision, that will not affect Egypt's water share, and we are expecting that the other party responds to it," said El-Moghazi.
But taking into account the depreciation of the Syrian pound against the U.S. dollar, the results show a steeper decline of nearly 77 percent.
04:55 GMT
The combined net profits of six out of seven Lebanese banks operating in Syria dropped 54 percent in the first half of 2014.
The Saudi woman should be the sole breadwinner for the family and not her husband. In the second case,
04:55 GMT
The housing crisis in Saudi Arabia is considered to be one of the biggest problems in society as over 70 percent of Saudi nationals do not own their own homes.
Apple is still allowing use of the two chemicals during the early production phases of its products — activities that primarily take place at hundreds of other factories besides the ones responsible for the final assembly of the devices.
04:55 GMT
Benzene is a carcinogen that can cause leukemia if not handled properly and n-hexane has been linked to nerve damage

August 17, 2014

Available indicators of Brazil’s economic activity during the 2014 FIFA World Cup are as dismal as the performance of its national team during the tournament.
21:22 GMT
Qatar can draw useful lessons from the experience of countries and cities which hosted major sporting events.
The most commonly used measures of development and national performance in an economy have traditionally been Gross Domestic Product (GDP) and associated indicators.
21:13 GMT
Many resource-rich countries in the region do not perform as well on social and environmental indicators when compared to countries of similar per capital wealth.
Imports of goods and services fell 0.1% in the first half of 2014, after rising 6.7% in the second half of 2013.
20:43 GMT
This is the slowest rate of growth since the recession in the first half of 2009 and follows growth of 2.8% in the first quarter of 2014.
The oil share of GDP remained however near its recent highs at 66 per cent (including refining).
20:31 GMT
The sector continued to recover from the 2008 crisis and its related weakness that lingered until 2010.
The inspectors conducted a comprehensive survey on the tea sales in Abu Dhabi.
20:18 GMT
The Abu Dhabi Food Control Authority (ADFCA) has confirmed the safety of Lipton tea products in Abu Dhabi markets, following the circulation of rumours through YouTube, alleging the existence of hallucination pills in the company’s products.
Suez Canal investment certificate yields will be paid to certificate-holders from annual revenues, after one year of drilling the canal, Governor of Central Bank of Egypt Hisham Ramez announced Friday.
19:35 GMT
The certificates, agreed upon by President Abdel Fattah Al-Sisi as a source of financing the new Suez Canal project, will be issued through public sector banks over a period of 5 years.
Former president Hosni Mubarak launched national projects, but they were not completed because of a lack of political will.
11:31 GMT
Tawfik does not see in the Suez Canal project a “new Toshka,” though he does believe financial and economic studies are necessary to ensure this.
Gore, 66, and Joel Hyatt, another former Current TV owner, accused Al Jazeera American Holdings I Inc. of fraud and breach of contract.
11:23 GMT
Former U.S. Vice President Al Gore sued Al Jazeera, claiming the satellite news provider owned by the Qatari royal family owes him and a partner $65 million.
Jordan consumes about 500 million cubic feet of natural gas per day for production of electricity, the minister said.
11:02 GMT
Natural gas will be supplied to Jordan through the Arab Gas Pipeline, which is a natural gas pipeline that stretches from Egypt into Jordan and other neighbouring countries.
Activity is dominated by about 4.3 million retail investors who buy stocks straight from the market rather than going through professional fund managers.
10:44 GMT
Saudi Arabia is one of the last major markets in the world to open up, so the reform is attracting massive interest among international fund managers
Jewelry remains the biggest component of gold demand, representing more than half of all demand at 510 tons.
04:55 GMT
Global jewelry demand, which represents more than half of total global demand, was unsurprisingly down 30 percent year-on-year to 510 tons.
The IEA is worried that an uncertain investment climate in oil-exporting Middle Eastern countries may lead to a two million bpd shortfall and a $15 per barrel jump in oil prices by 2025.
04:55 GMT
Forget North America’s shale revolution, the world needs Middle East oil for long-term sustainability and to quench growing global demand for fossil fuels.
Egyptian exports of natural gas and derivatives declined by approximately 75% during June to $19m,
04:55 GMT
Egypt has ceased exporting gas to Jordan several times this year due to the tense situation in Sinai and multiple explosions on the export pipeline.
Apple Inc. signaled Saturday that it would be expanding its retail operations to the Gulf, posting job ads for a range of positions in the United Arab Emirates.
04:55 GMT
With retail operations in just 16 countries, Apple offers a wider range of services and experiences in its official stores than are available from authorized and unauthorized resellers.