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SoftBank Corp's logo is pictured at a news conference in Tokyo

Alibaba Shares Plunge On SoftBank's Stake Sale Report

Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times reported, sending the Chinese e-commerce major's stock tumbling.
Egypt's President Abdel Fattah al-Sisi receiving the UAE's President Sheikh Mohamed bin Zayed al-Nahyan at the presidential palace in Cairo

Egypt's Sisi Meets UAE Leader Amid Economic Woes

Sisi has been courting Gulf leaders as Egypt grapples with economic turmoil that has seen official inflation shoot up to nearly 34 percent and the local currency halve in value over the past year.

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