Egypt discusses pre-final draft of 2015-16 CPF with WB
CAIRO: Egypt’s Ministry of International Cooperation held a meeting Thursday to discuss the pre-final draft of the 2015-2019 Country Partnership Framework (CPF) between Egypt and the World Bank, Youm7...
View ArticleUAE says 22 soldiers killed in Yemen: WAM
DUBAI/SANAA: Twenty-two soldiers from the United Arab Emirates were killed in Yemen while taking part in a Saudi-led campaign against the Houthis, UAE state news agency WAM said on Friday. The Houthis...
View ArticleS&P assigns Iraq foreign, local currency sovereign ‘B-/B’ ratings; stable...
Press Release: On Sept. 3, 2015, Standard & Poor’s Ratings Services assigned its ‘B-‘ long-term foreign and local currency sovereign credit ratings on the Republic of Iraq. The outlook is stable....
View ArticlePoliceman, 2 ‘outlaws’ killed in fire exchange south of Cairo
CAIRO: A low-ranking police officer and two “outlaws” were killed Friday morning in a fire exchange at Haram Street in Giza, head of the general administration of Giza investigations Magdy Abdel Aal...
View ArticleEGX rallies on ‘supergiant’ gas find this week, benchmark up 3%
CAIRO: The Egyptian Exchange (EGX) rallied this week, after Italy’s energy company Eni SpA announced Sunday it has discovered a “supergiant” natural gas field in the deep water of Egypt’s...
View ArticleSisi, Indonesia’s Joko Widodo agree on countering extremism
CAIRO: Two protocols on cancelling visas for diplomats and government officials and on training diplomats were signed during President Abdel Fatah al-Sisi’s visit to Jakarta Friday, Youm7 reported. In...
View ArticleIslamic State blows up tower tombs in Syria’s Palmyra: antiquities chief
DAMASCUS: Islamic State has blown up three ancient funeral towers in the ancient city of Palmyra, Syria’s antiquities chief said on Friday, continuing the destruction of a World Heritage site that...
View ArticleIMF says Egypt’s major gas discovery to improve its energy position
CAIRO: The International Monetary Fund (IMF) said Friday that Egypt’s major natural gas discovery has the potential to improve its energy position and will contribute broadly to its economy. On Sunday,...
View ArticleFitch: Public Spending Boost to Kuwaiti Banks
PRESS RELEASE: Fitch Ratings-London-03 September 2015: Kuwait’s exceptional fiscal strength provides insulation from the fall in oil prices and allows the government to press ahead with increasing...
View ArticleFather of drowned Syrian toddlers prepares to take bodies home
MUGLA, Turkey: The distraught father of two Syrian toddlers who drowned with their mother and several other migrants as they tried to reach Greece identified their bodies on Thursday and prepared to...
View Article‘I’ve done everything to prove my innocence,’ jailed Fahmy tells his wife
CAIRO: “I have done everything I can to prove my innocence,” Marwa Omara quoted her husband, the Canadian Journalist Mohamed Fahmy during her visit to him in prison after he was sentenced to three...
View ArticleEgypt offers condolences for death of UAE, Bahraini soldiers in Yemen
CAIRO: Egypt offered Friday its condolences for Emirati and Bahraini peoples over the killing of least 50 soldiers in Yemen. The UAE news agency reported that at least 45 Emirati soldiers were killed...
View Article3 Egyptian fishermen drowned, 8 missing off Libyan coast: FM
CAIRO: Three Egyptian and one Palestinian fisherman have drowned off the Libyan coast, Foreign Ministry spokesperson Ahmed Abu Zeid said in a statement Friday. Their boat sank, and the four remaining...
View ArticleDruze leader, dozens more killed by car bombs in southern Syria: monitor
BEIRUT: Two separate car bomb blasts killed a Druze leader and more than two dozen other people in southern Syria, a monitor said, igniting brief protests in the area. An explosion late on Friday on...
View ArticleUN chief to host meeting on Israeli-Palestinian conflict
UNITED NATIONS: Secretary-General Ban Ki-moon will host a ministerial meeting of key global players trying to end the decades-old Israeli-Palestinian conflict on Sept. 30 during the annual high-level...
View ArticleUS embassy issues security alert for areas outside Cairo, Alexandria
CAIRO: The U.S. embassy in Cairo issued a travel advisory Thursday urging its citizens to avoid traveling outside Egypt’s major cities of Cairo and Alexandria, and touristic destinations. “The U.S....
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