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MOSCOW: Russian trade and development officials are in Beijing to invite Chinese companies and investors to the East Russia Economic...

Dar directs EAD to speed up work on CPEC projects

ISLAMABAD: Federal Finance Minister Ishaq Dar, while chairing a meeting to review the economic projects under the aegis of Economic...

Sri Lanka Excise seizes 16,047 illicit cigarette cartons

COLOMBO: A large stock of illicit cigarettes worth nearly Rs.100 million was seized by Excise officers from a warehouse in...

Ukraine imports natural gas from Europe at 278.7 per 1,000cm in May

KIEV: An employee inspects a gas installation during a training exercise for handling emergencies at a gas-pumping station on the...

Iraqi oil exports to southern area rise 3m bpd in July

BAGHDAD: Iraq's southern oil exports have risen above 3.0 million barrels per day (bpd) so far in July, according to...

Saudi Customs seizes 34m items in H1

RIYADH: The Directorate of Saudi Customs reported that a total of 34 million items were seized by its officers at...

Astronomers discovered the first aurora ever seen beyond our Solar System

HONG KONG: The beautiful ‘northern lights’-like aurora is not limited to the solar system – in fact it is not...

Netherlands beer exports hit record high: report

02/08/2015

AMSTERDAM: The Netherlands exported a record €1.6bn worth of beer last year, a rise of 4% on 2013, the national...

Spanish Navantia to build four 156,000-dwt suezmax tankers for Ibaizabal

MADRID: Spain’s Navantia shipyard has agreed to build four 156,000-dwt suezmax tankers for Ondimar Transportes Marítimos, a subsidiary of the...

Hungarian Egis acquires Bayer vitamin portfolio in Poland

BUDAPEST: Hungarian drugmaker Egis yesterday signed an agreement regarding the takeover of the Biovital portfolio of vitamin products from Bayer...

Audi Hungaria’s engine output exceeds 1 million in H1

BUDAPEST: The Hungarian unit of German carmaker Audi turned out 1,067,525 engines at its plant in Győr, northwestern Hungary, in...

Over 20% of visitors go to shopping centers to eat in Hungary: CBRE

BUDAPEST: Nearly 20% of customers visiting shopping centers are going there to visit food vendors, a survey by global real...

Hungarian Rossmann Magyarország revenue reaches HUF 52 bln

BUDAPEST: The Hungarian unit of German health and beauty products retailer Rossmann saw a rise of 10% in its revenue...

Leixões cruise terminal to welcome 130,000 passengers a year by 2018

ATHENS: The new cruise terminal at Leixões in Matosinhos, near Oporto, which was formally inaugurated last Thursday afternoon, is expected...

US provides $21.3m to avert cut in WFP food aid for Syrians in Jordan

AMMAN: The United States is providing an additional $65 million in humanitarian assistance to the UN World Food Programme (WFP),...

Hungary forint strengthened 0.4 percent to 307.53 per euro

BUDAPEST: Hungary’s forint gained, extending the biggest monthly advance in emerging markets, after the central bank pledged to end a...

Greece financial markets to reopen after five-week shutdown

ATHENS: Greece’s financial markets will reopen on Monday, ending a five-week suspension that began after the country imposed capital controls...

Jordanian King inaugurates LNG terminal, maritime services wharf in Aqaba

AMMAN: King Abdullah II, accompanied by His Royal Highness Prince Al Hussein bin Abdullah, the Crown Prince, inaugurated Sheikh Subah...

Hungary’s PPI up 1.5% in June: KSH

BUDAPEST: Hungary’s industrial producer prices saw a year-on-year rise of 1.5% in June, with domestic prices falling 1.1% and exports...

Poland’s pharmaceutical market to grow 5.1% this year