Tag : business

Asylum & Migration

Over a Thousand Migrants Arrive in the United Kingdom in Ten Days

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Falcon powers – The British authorities indicated that more than a thousand irregular migrants have arrived on the shores of the United Kingdom from northern France since May 4 to May 13. This is amid the continued security campaigns and the arrest of rejected asylum seekers for the purpose of......
InternationalNews Variety

Did Meta really leak WhatsApp user information to the Israeli military?

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Falcon powers – The Digital Violation Monitoring and Documentation Center “Sada Social” called for an urgent and immediate investigation into Meta’s leaking of WhatsApp user data to the Israeli military. Our correspondent reported that the center is following “the objection of a number of Meta (Facebook, Instagram, WhatsApp, Messenger, and......
Economy & Business

An Egyptian official confirms an increase in Russia’s share in wheat supply to Egypt

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Falcon powers – Akram Hussein al-Shafei, a member of the board of directors of the Egyptian Chamber of Commerce and Industry, said that Russia’s share of Egypt’s wheat imports has risen to 68%, compared to around 55% the previous year. According to him, Russia and Ukraine account for 80% of......
Economy & Business

Putin to push growing Moscow-Beijing trade in China’s northeast

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FALCON POWERS – After sealing pledges of a “new era” of strategic partnership with China’s Xi Jinping, Russian President Vladimir Putin on Friday is set to highlight the growing importance of trade near the Russian border in China’s northeast. Putin ends his two-day, red-carpet visit to China in Harbin in Heilongjiang province, which......
Economy & Business

Statistics Agency: Russia’s GDP Grew 5.4% in Q1

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FALCON POWERS – The Russian government statistics agency said on Friday that the country’s gross domestic product (GDP) rose 5.4% year-on-year in the first quarter, after growing 4.9% in the final quarter of last year. Russia’s GDP had contracted 1.6% in the first quarter of last year. The Economy Ministry......
Economy & Business

Egypt Working to Convince Apple to Manufacture Its Phones in Egypt

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Falcon powers – Egyptian Prime Minister Mostafa Madbouly has revealed that his government is working to convince the American company Apple to manufacture its phones in Egypt. Madbouly added that efforts are underway to persuade Apple to open a factory in Egypt, and that out of the top 5 mobile......
Economy & Business

Foreign Exchange Reserves in Israel Decrease by $5.6 Billion

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Falcon powers – The Central Bank of Israel has announced a decrease in foreign exchange reserves by $5.632 billion as of the end of April compared to the end of March. This decline is primarily attributed to the revaluation of the Israeli Shekel, which led to a reduction in reserves......
Economy & Business

US set to raise tariffs on Chinese electric vehicles next week

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FALCON POWERS – US President Joe Biden is set to announce new China tariffs next week, including an increase in levies on electric vehicle imports, according to media reports. The levy on Chinese EVs is set to quadruple, the Wall Street Journal reported. US trade officials are expected to raise the tariff rate to roughly 100 per cent,......