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Surge in foreign fund inflows sets stage for Egyptian boom

Related Articles CAIRO/DUBAI: Encouraged by Egypt’s economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly optimistic about prospects for the North African country after years of political turmoil.Foreign holdings of Treasury bills hit ...

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UAE non-oil growth to surge to 3.7% in 2018

A pickup in the pace of preparations, especially in the tourism and construction sectors, for Expo 2020 Dubai will support UAE’s non-oil growth from 3.3 per cent in 2017 to 3.7 per cent next year, said NBK in its latest ...

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Most Gulf markets rise after oil surge

DUBAI: An overnight surge in the Brent oil price above $ 67 a barrel for the first time since May 2015 helped most Gulf stock markets rise on Wednesday, while Dubai rebounded modestly from a six-month low.The Saudi stock index ...

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Tunisia expects surge in olive oil production to boost battered economy

BENI HASSEN: Trucks loaded with boxes full of olives were queueing at a press plant in this small Tunisian town as the North African country sees a surge in olive oil production in a badly-needed boost to its ailing economy.Tunisia, ...

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Casualties Surge From Land Mines and Improvised Explosives

Advertisement Casualties from land mines and similar booby-trap explosives increased for the second consecutive year in 2016, to the highest level since a treaty banning such weapons of war took effect in 1999, a monitoring group said Thursday. The group, ...

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Abu Dhabi room rates surge 265% during F1 Grand Prix

Abu Dhabi is one only a few major cities around the world to see a significant spike in hotel occupancy levels and revenues as a result of hosting a Formula One Grand Prix, according to research from Core Savills. According ...

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Marked for ‘De-escalation,’ Syrian Towns Endure Surge of Attacks

Advertisement BEIRUT, Lebanon — A resurgence of deadly attacks by pro-government forces in so-called de-escalation zones in Syria, including a triple airstrike on a busy marketplace that killed more than 50 people, is undermining an agreement seen as a crucial ...

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Record surge in atmospheric CO2 seen in 2016

Concentrations of CO2 in the Earth’s atmosphere surged to a record high in 2016, according to the World Meteorological Organization (WMO). Last year’s increase was 50% higher than the average of the past 10 years. Researchers say a combination of ...

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ABB aims to win Saudi projects in order surge

Related Articles ZURICH: ABB is confident of winning a slice of the $ 500 billion mega-city project in Saudi Arabia, as the Swiss engineering group on Thursday posted its strongest growth in new orders for more than two and-a-half years.CEO ...

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