The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...

Nations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...

Governments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...

Turkish Airlines has stopped flights to 23 cities due to fuel problems and war impact. Many routes are paused for now and may start later t...

This boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...

In a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp...

Iran war: The West Asia situation is causing ripples in international markets, with oil costs climbing and trade logistics becoming increas...

Egypt's middle class is facing an unprecedented economic crisis, with many struggling to afford basic necessities. IMF-backed reforms, incl...

Egypt and the United Arab Emirates (UAE) joined Saudi Arabia and Bahrain in cutting ties with Qatar in June 2017, accusing it of being too ...

Faced with rising temperatures, Egyptian architects are working to come up with green buildings that can keep people safe and cooler, and c...

Siemens will supply four turbines to a power plant near Egypt's Suez City to add more than 650 MW of power generation to creaking national ...

US bank Citi has cut around 35 jobs across its capital markets trading operation in London, sources with knowledge of the changes said.

Economist Nouriel Roubini says surging food & energy costs are stoking emerging market inflation that's serious enough to topple govts.

An aviation think tank warned Tuesday that the unrest in Egypt and other countries could have a profound impact on air travel in the region.

The 50:50 joint venture Nokia Siemens Networks said Tuesday it planned to cut some 1,250 jobs in Finland and Germany as part of cost-cuttin...

According to a report published by the World Bank, Egypt has topped the list of reformers in the way of doing business, jumping a total of ...

Egypt has topped the list of reformers in the way of doing business, jumping a total of 39 places, but it still ranks 129 in a total of 178...