Latest in Highlight
Brent rate increased by 1.5% on Friday after OPEC’s agreement to further reduce production
China remains the world’s biggest trader in goods, achieving a 2.8% increase in the first three quarters and more than RMB 22.91trn in total value
Since then, the form of international economy has been effective in development plans. In 2016, the list of the ten largest companies in the world included nine companies working in the field of technology, although the energy companies were at the top of the list in 2006
Continued progress has been made in economic restructuring, aggregate demand and supply are basically in equilibrium, and growth has become more resilient, China’s central bank governor said.
The Egyptian Foreign Ministry said in a statement that “Ambassador Hamdi Sanad Loza, Deputy Foreign Minister for African Affairs held on Sunday a meeting with the ambassadors of Germany, Italy and, China, which are the countries whose companies are working on the GERD.”
“We plan to increase our investments in local market to $15bn,” says Chinese ambassador
American Coleman wins 100m world title, Wang Zheng takes hammer bronze for China at the IAAF World Championships in Doha.
Under the current circumstances, China and Russia should continue to strengthen strategic coordination, safeguard national sovereignty and security, and oppose external interference, said Wang.
However, China’s trade exchange with other countries increased by 3.8% in 1H 2019 which affirms the solid position of the its economy despite the tensions with the US, the ambassador reassured.
Egyptian columnist and writer Kamal Gaballa is to release a book “70 Years of Miracles” to show what he has witnessed in visits to China, on the occasion of 70th anniversary of the founding of the People’s Republic of China.
The communique was signed by Chinese State Councilor and Foreign Minister Wang Yi and Solomon Islands’ Minister of Foreign Affairs and External Trade Jeremiah Manele after they held talks.
Xi made the remarks in phone talks with Saudi King Salman bin Abdulaziz Al Saud, who briefed him about the incident. The attacks on Saudi oil facilities have had an impact on the situation in the Gulf region and on the international energy market, he said.
“We have a specific increase target already but as we have just started working with Egypt’s Tourism Ministry, so some details are still in discussion, thus the percentage of the hike depends on how much the government will spend on the marketing campaign, and on how big the size of the campaign is,” Wang added.
Gold rose by EGP 115 in Egypt since the beginning of 2019, marking an unprecedented level, says Baqy
The group regards itself as a community of values, with freedom and human rights, democracy and the rule of law, and prosperity and sustainable development as its key principles.
Exercises come as part of plan to boost joint military cooperation
The Ministry Public Enterprises Sector is trying to revive El Nasr Automotive and has recently cooperated with the Ministry of Trade and Industry to reach an agreement with an international company to bring back the state-owned automobile company.
Gold up 0.5% to $1,524 per ounce, silver climbed 1.1% to $17.25
UN, EU, China, Turkey call for reducing tensions
As Chinese economy slows, US import prices recognise biggest drop in six months, so when will the trade war end?
Liao Li Qiang to meet president Al-Sisi for his credentials soon
Ripple effects across supply chains, business confidence, investment could hit much harder, when non-trade policy comes into scope, says IIF
Thousands of protesters descended on government headquarters, blocked at least 2 major roads in central Hong Kong to oppose new extradition bill
A package of strategic agreements was signed on 8 June 2018, during the official visit of Russian President Vladimir Putin to China.
US protectionist actions threaten global economic growth, says China’s Chargé d’Affaires
US-China trade conflict is confusing investors
Brent crude rose by 5 cents, or 0.1%, to $70.16 a barrel, while US West Texas Intermediate (WTI) was up 50 cents, or 0.8%, at $59.12.
Pharos expects main index to pass 13.800 points supported by decline in sales
‘China will never yield to US pressure, will not compromise on matters of principle,’ says People’s Daily
China rejects accusations of mistreatment, initially denies existence of such facilities