The Galaxy Note 7's exploding battery debacle not only triggered a massive PR nightmare for Samsung, but its withdrawal was instrumental in the company incurring revenue losses.
Due to this situation, shares of Samsung Electronics dropped soon after (...)
A ballistic missile launched from Yemen apparently targeted a Saudi air base near the Muslim holy city of Mecca, Saudi and rebel media reported Monday, the deepest strike yet into the kingdom by Shiite rebels and their allies.
Saudi state television (...)
Canada's Bombardier Inc and Egypt's government discussed Tuesday steps to build a 35km monorail on the outskirts of Cairo, Egypt's cabinet spokesman said in a statement -- a project first announced in mid-2015.
The 35km train will connect 6 October (...)
The Federal Reserve said it has launched a Facebook page on Thursday, part of an effort to reach out directly to a general public.
Facebook users will now have a chance to "like" the Fed on the social media site, although the central bank's standing (...)
Amid Italy's continued persistence for the Egyptian authorities to immediately provide all findings from the investigations into Giulio Regeni's death, and Italy's accusations towards the University of Cambridge for allegedly not cooperating with (...)
Prime Minister Shinzo Abe said on Monday it would not be easy to revise Japan's constitution, a day after a resounding election victory opened the door for a possible revision of the charter that was adopted after World War Two.
Abe's coalition and (...)
The volume of trade exchange between Egypt and Russia jumped 9.8 percent during the first four months of 2016, Trade Representative at Russian embassy to Cairo, Fedor A. Lukashin said Saturday.
According to statistics of Russian customs, the trade (...)
Riding high on a series of major discoveries and what appears to be renewed investor interest in Egypt's energy sector, the Oil Ministry is now targeting a 30-percent increase in natural gas production by 2019.
Egypt's oil minister has announced a (...)
Japan's exports fell sharply in April and manufacturing activity suffered the fastest contraction since Prime Minister Shinzo Abe swept to power in late 2012, providing further evidence that the premier's Abenomics stimulus policy is struggling for (...)
Oil futures rose for a second straight session on Tuesday, with U.S. crude hitting a seven-month high, as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices.
Crude (...)
Islamist militants seized four Indonesian crew of a tugboat in the southern Philippines on Friday night, the third attack on slow moving vessels in about a month, a military spokesman said on Saturday, as troops battled Muslim rebels on a nearby (...)
Crude futures rose on a raft of supportive indicators on Thursday, although some traders warned that physical supply and demand fundamentals did not warrant a strong price recovery at this stage.
International Brent futures LCOc1 jumped above $40 (...)
Asian shares pared losses on Monday as a weaker yen helped Japan's Nikkei snap a four-day losing streak, but trade was thin with many regional markets closed for the Lunar New Year holiday.
Wall Street's losses on Friday curbed overall sentiment, (...)
Egypt's National Cement has obtained total revenues estimated at 328.164 million Egyptian pounds (US$41.9 million) during the first six months of financial year 2015-16 opposed to 411.544 million pounds a year earlier.
According to firm's financial (...)
The Egyptian Ministry of Health warned on Wednesday pregnant Egyptian women against travelling to South and Central America over risks of contracting the Zika virus.
Earlier this week, the World Health Organisation (WHO) declared that a surge in (...)
The U.S. Navy released black-and-white video on Saturday it said was taken by an American helicopter showing an Iranian Revolutionary Guards vessel firing unguided rockets on Dec. 26 near warships including the aircraft carrier USS Harry S Truman in (...)
President Abdel Fatah al Sisi headed to Farafra Oasis in Egypt's Western Desert Wednesday to launch the first phase of a national mega project aims to expand the country's farmland by 1.5 million feddans.
"The first phase includes reclaiming 10,000 (...)
"Star Wars: The Force Awakens" was poised to pass $1 billion in worldwide ticket sales this weekend and become the first picture to reach that mark so quickly.
The film, which officially opened in U.S. theaters on Dec. 18 and in some international (...)
At least six people were injured, with three in a critical condition, after a series of bomb blasts on Saturday at a Hindu religious gathering in northern Bangladesh, a police official said.
The attack follows the shooting and wounding of an Italian (...)
Since 1985, each year the fight against breast cancer is marked around the world in the month of October. This year in Egypt a number of entities have launched a series of events aimed to highlight the fight against breast cancer and spread (...)
Iran's Foreign Ministry has declared Bahrain's second-ranking diplomat in Tehran persona non grata and given him 72 hours to leave the country, a day after Bahrain withdrew its ambassador, Iranian media reported on Friday.
"According to a Foreign (...)
The Samsung Galaxy S4′s tagline — “The next big thing is here" – is a telling pitch. The Galaxy is the world's second best-selling phone, behind the iPhone. And the latest version unabashedly claims that bigger is better. But considering the S4 in a (...)
At a Saturday press conference, Egyptian Interior Minister Mohamed Ibrahim voiced his willingness to withdraw a complaint filed earlier against April 6 Youth Movement founder Ahmed Maher.
Maher was arrested on Friday afternoon upon his arrival to (...)
Minister of Defence Abdel-Fattah El-Sisi stressed Saturday his refusal to resort to military force in order to solve an ongoing saga over Egypt's share of the Nile water.
"We want to live and they [Ethiopians] want to live, so we have to find a (...)
Sharp Corp, Japan's leading maker of liquid crystal displays, will rely on expanding supplies of small panels to Samsung Electronics Co while still shipping screens to rival Apple Inc, in a bid to raise factory output levels and remain viable, three (...)