Economic

In the third consecutive quarterly decline of Chinese e-commerce giant Ali Baba, which faces many challenges, most notably a government campaign, slowing sales growth and intensifying domestic competition, the group announced that its profits between October and December declined 74 percent.

Following the imposition of sanctions by the United States, Britain and the European Union against Russian entities and members of the Russian National Security Council,

After Moscow ordered troops to be sent to two breakaway regions in eastern Ukraine, oil prices jumped close to $100 per barrel, closing near the highest level since 2014

At a press conference, Suez Canal Authority President Osama Spring revealed that work was under way to increase the length of the dual section of the waterway from 72 to 82 kilometres.

In the context of the Egyptian State's efforts to become a regional centre for the exchange of electricity on the brunette continent and the Middle East, the Egyptian Government has revealed the existence of an Egyptian project to complete the "electrical connection," between Egypt and the North African countries in full.

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