CAIRO (Reuters) - Planning Minister Hala al-Saeed predicted Egypt's economy would grow by 2.9% or 3% in the financial year to end-June before accelerating to 4.2% in 2024/25, according to a ministry statement released on Sunday.
The growth would come from investment spending, net exports and imports and consumer spending, Saeed said.
During International Monetary Fund (IMF) talks in Washington on April 16, Finance Minister Mohamed... (continue reading...)
(Reuters) - Online fashion giant Shein is preparing to file a prospectus with UK's Financial Conduct Authority for approval ahead of its potential London float which could value it at about 50 billion pounds ($63.70 billion), Sky News reported on Sunday, citing sources.
($1 = 0.7850 pounds)
(Reporting by Akanksha Khushi in Bengaluru; Editing by Ros Russell)
(Reuters) - Qatar Airways PJSC is nearing a decision on a major widebody order split between Boeing and Airbus, Bloomberg News reported on Sunday, citing people familiar with the matter.
The Middle East carrier is looking at ordering about 200 jets, looking at a mix of Airbus A350s and Boeing 777X models, with a decision possible as soon as the Farnborough Air Show in Britain late next month, the report said.
Airbus said it is... (continue reading...)
LISBON (Reuters) - Two stunt planes collided in midair on Sunday during an air show in the Portuguese city of Beja and one of them crashed and exploded into flames, killing its Spanish pilot, the Portuguese Air Force (PAF) said.
The PAF, which organized the show at an air base in Beja, 180 km (110 miles) south of Lisbon, said the accident involved aircraft from the YAK STARS aerobatic patrol.
The patrol includes Portuguese and Spanish... (continue reading...)
FRANKFURT (Reuters) - A 29-year-old policeman stabbed on Friday in the German city of Mannheim during an attack on a right-wing demonstration has died, authorities said on Sunday.
The attack was carried out by a 25-year old man with a knife, who severely injured six individuals, according to police in the German state of Baden Wuerttemberg, where Mannheim is located.
"He stabbed the police officer several times in the head," the police... (continue reading...)
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