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US stocks open higher to kick off July

ISTANBUL: Major stock exchanges in the US opened Monday in positive territory to kick off the month of July higher, after posting strong gains in the first six months of the year.

The Dow Jones Industrial Average rose 233 points, or 0.6%, to 39,352 a…

Egypt, EU sign 35 agreements, MoUs worth $72.4B

CAIRO: Egyptian Prime Minister Mostafa Madbouly announced Sunday that his country has signed 35 agreements and memoranda of understanding worth pound 67.7 billion ($72.4 billion) with European companies and institutions.

Madbouly was speaking at the …