Chinese President Xi Jinping is visiting Egypt for the first time in a decade, as Cairo looks to foster deeper economic and military ties with Beijing while maintaining its long-standing relationship with Washington. The visit comes as the US-Israel war on Iran and resulting disruption to global trade have prompted US allies in the region…
Chinese President Xi Jinping arrives in Cairo for his first visit in a decade, marking 70 years of diplomatic relations and aiming to bolster economic cooperation amid regional crises. China President Xi Jinping has made his first visit to Egypt since 2016, coinciding with the 70th anniversary of diplomatic ties between the two countries. Egyptian…
By Saurabh Sharma and Aftab Ahmed NEW DELHI, Aug 24 (Reuters) – Chinese President Xi Jinping is likely to attend next month’s BRICS summit in New Delhi with a large delegation, three sources said, in what would be his first visit in seven years and a fresh sign of a thaw between the rivals. India…
Hong Kong’s commerce chief is set to lead a delegation of mainland Chinese and local firms to Malaysia next week, noting that about 200 enterprises from across the border have already set up offices in the city since last year, using it as a stepping stone to go global. Secretary for Commerce and Economic Development…
By Ahmed Tolba, Nafisa Eltahir and Yasmine Ghania CAIRO/DUBAI, July 31 (Reuters) – Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz, underscoring concerns over global energy supplies following a drone attack on ships in a Mediterranean Egyptian port this week. Iran said four…
Hong Kong’s trade promotion body will set up a new office in Egypt within the next nine months to expand its footprint in Africa, while recalibrating resources for Nordic countries through its European bases as traditional markets face slower growth. Hong Kong Trade Development Council chairman Frederick Ma Si-hang said on Friday that the organisation…
Chloe Maluleke|Published 1 hour ago Late last month in Dalian, at the World Economic Forum’s Annual Meeting of the New Champions, Premier Li Qiang used a phrase that has been circulating in policy circles ever since: China opportunity 2.0. He was pushing back against a more pessimistic label some Western commentators have started using, (China…
Hong Kong’s investments in the Middle East will not be derailed by ongoing conflicts, the commerce minister has said, expressing confidence in the region’s economic prospects and urging businesses to take a long-term view. “The geopolitical situation has a temporary impact, but in the long term, we remain hopeful about development in the Middle East,”…
More Hongkongers are expected to travel elsewhere during the five-day Easter weekend from Friday despite a sharp jump in fuel surcharges, according to industry leaders. They also expect more visitors from mainland China during an overlapping Ching Ming Festival holiday, but doubt the influx will deliver any significant boost to the city’s tourism revenue. Some…
KUALA LUMPUR, March 26 (Reuters) – Malaysia’s Prime Minister Anwar Ibrahim said on Thursday he had spoken to the leaders of Iran, Egypt, Turkey and other regional countries and said Malaysian vessels were now being allowed to pass through the Strait of Hormuz. Anwar in a televised address thanked Iran’s president for allowing the passage…