Latest in Tag: Europe Highlight
Latest in Tag: Europe
Syria
It could be that by the time this article goes to press, a strike has already taken place on Syria by a conglomerate of forces, led mostly by the US and France. It could be that it has not. The decision to do it, one way or the other, is beyond the purview of the …
Turkey and Qatar urge Egypt to return to the ballot box, release Morsi
FMs Davutoğlu and Al-Attiyah say that “legitimacy must return to Egypt”
Danone reports profit slip, blames tough times in Europe
Reporting that in its home markets France and more broadly Europe conditions had shown signs of slight improvement in the second quarter, the group said net profit for the first six months reached €873m ($1.16bn).
Outsourcing assembly lines
European companies agree to the Ministry of Commerce and Industry’s new plan to move factories to Egypt
EU welcomes pledge by Egypt for ‘open’ Internet
Kroes met on Monday with Communications Minister Atef Helmy during a visit to Cairo.
Champions crowned across Europe
Many top-flight leagues have already been decided
Al-Nour Party delegation to visit the United States
Visits to other foreign countries will follow
11 sub-Saharans die after boat capsizes off Morocco: medic
11 sub-Saharan migrants die after boat capsizes off Morocco
Trade with Europe under threat
The Union of Egyptian Chambers of Commerce would be holding an emergency meeting to discuss how the president’s decisions would affect Egypt’s economic relationship with the European Union in the coming months
Turkey’s economic miracle offers MENA investors big markets to chase
By Tim Reid Turkey has hung out its ‘for sale’ sign at just the right time to grab the attention of Arab investors who are in the market for new destinations to deploy their record energy revenues. A new Turkish real-estate law came into effect in May making it easier for Arabs to buy property …
CAPMAS: Tourism up by 8.3 percent
The Central Agency for Public Mobilisation and Statistics (CAPMAS) released yesterday the latest figures on tourism during July showing an 8.3 percent increase in the number of tourists from around the globe from the same month last year. According to the latest CAPMAS tourism figures, up to one million tourists visited Egypt during July, compared …
Luxor to host new film festival
Luxor to host the first Egyptian and European Film Festival
China leads gloom for Asia manufacturing
Chinese government under pressure to loosen its monetary policy
Asian markets higher despite eurozone uncertainty
Asian markets remain higher, following Germany refusal to take action towards the eurozone debt
European stocks slip
London (AFP) – European stock markets weakened Friday as poor Chinese trade data sparked fresh concern about slowing economic growth in the Asian powerhouse nation. London’s FTSE 100 index of top companies dipped 0.08 per cent to 5,846.37 points in morning deals, Frankfurt’s DAX 30 dropped 0.37 per cent to 6,939.68 and the Paris CAC …
Once-resilient Germany catches Europe’s crisis fever
Frankfurt (AFP) — Germany long appeared immune to Europe’s debt crisis, as deep reforms undertaken years ago helped steel the economic powerhouse against the current financial storms lashing its neighbours. But a raft of new economic data suggest that Germany, too, is slowly succumbing to the crisis fevers and could even fall back into recession …
France heads back into recession
Paris (AFP) — France is headed back into recession for the second time in three years, its central bank warned Wednesday in a setback for the recovery prospects of the stricken eurozone. In a downbeat survey of the outlook for Europe’s second biggest economy, the Bank of France predicted a 0.1 percent contraction in gross …
European stocks rebound before US jobs data
The European single currency jumped to $1.2285 from $1.2178 late on Thursday in New York
European stocks firm despite mounting global economic woes
London’s benchmark FTSE 100 index added 0.24 percent to 5,512.68 points in midday trade but was off earlier highs following dire news that Britain’s recession deepened in the second quarter of 2012. British gross domestic product slumped by a worse-than-expected 0.7 percent in the three months to June, according to official data published just ahead …
Joint EU, UNESCO initiative to safeguard Mediterranean culture
UE, UNESCO are aiming to implement cultural heritage preserving programs
IMF scales back global growth forecast for 2012
The International Monetary Fund stepped up its warnings Monday on risks to the global economy, especially from Europe, as it trimmed its growth forecast for the rest of the year. The IMF said the world economy appeared weaker since its assessment just three months ago, and while growth was only slightly off the expected pace, …
Hungary prepares for tough credit talks with IMF-EU
Budapest (AFP) – Hungary and the International Monetary Fund (IMF) will take a new stab at a 15-billion-euro credit line deal, starting on Tuesday, following months of delay due to controversial central bank reforms. A delegation of representatives from the IMF and European Union (EU) is due to arrive in Budapest Tuesday for negotiations until …
Deutsche Bank to co-operate with Libor probe
Berlin (AFP) – Deutsche Bank wants to cooperate with European investigators probing the manipulation of interbank interest rates to limit damage to its reputation and bottom line, a newspaper said Sunday. Germany’s biggest bank has asked the European Commission and Swiss authorities to give it the status of cooperating witness in their investigation of the …