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Russia says has not changed stance on Syria, Assad

MOSCOW:The Russian Foreign Ministry on Monday denounced as “falsifications and fabrications” media reports it was changing its stance on the war in Syria or on the future of President Bashar al-Assad,...

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Egypt’s pound depreciation inevitable: Investment Minister

CAIRO: Egypt’s pound devaluation will be ‘inevitable’ in the coming period to cope with China’s yuan depreciation in August, Investment Minister Ashraf Salman said Monday. The Central Bank of Egypt has...

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Turkish army says 16 soldiers killed in Kurdish militants’ attack

ANKARA:  Sixteen soldiers were killed when a roadside bomb laid by Kurdish militant group Kurdistan Workers Party (PKK) exploded as two armoured vehicles passed, theTurkish army said in a statement on...

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15 Egyptian doctors to fill shortage at Ghanaian hospitals

CAIRO: A group of 15 Egyptian doctors arrived in Accra for a month-long stay to fill shortages in Ghanian hospitals, according to a Monday statement by the Egyptian Foreign Ministry. The doctors, from...

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Media gag on probe with resigned Minister of Agriculture:  judicial official

CAIRO: The High State Security Prosecution will impose a media gag on investigations into recently resigned Minister of Agriculture Salah Helal over accusations of corruption, a judicial official told...

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AJ journo’s wife lives in hope husband will return to his children  

CAIRO: Jihan Rashed, wife of journalist Baher Mohamed, is currently living in hope that a challenge against her husband’s verdict will be accepted so that she can see him again, she said in a Monday...

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Ministry of Finance: decline of int’l oil prices will not decrease energy...

By MONA DEIAA, translated by Samar Samir, Rany Mostafa, and Sara Ghali CAIRO: Facing major economic challenges and going forwards with reforms are “musts” to attract more investment and widening the...

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AIB to pump 1B EGP into Suez Canal Region Development Project by year end:...

By: Ahmed Yacoub AIB has allocated 1 billion EGP for Suez Canal Region Development Projects, 500 million EGP for financing the youth small and medium projects in the region and the other 500 million...

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Euromoney conference introduces gov’t economic reform plans to west: FEI

CAIRO: The Euromoney conference scheduled to be held Sep. 7 and 8, 2015 will be a “good opportunity” to introduce the economic system as well as the plans by the government to enhance Egyptian economic...

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Minister of Petroleum: Euromoney conference chance support Suez Canal...

Written by Raafat Ibrahim CAIRO: The Euromoney Conference to be held this year amid important economic developments and during the severe decline of global oil prices witnessed in the market represents...

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Bomb attack in eastern Turkey kills 10 police officers- official

ANKARA: Ten Turkish police officers were killed in a bomb attack on a minibus in the eastern Turkish province of Igdir on Tuesday, a government official told Reuters. The attack came amid a surge in...

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Iran will discuss peace in Syria with any country, Rouhani says

TEHRAN, Iran is willing to discuss peace in Syria with any country, President Hassan Rouhani said on Tuesday, in response to a question about whether Iran could cooperate with Saudi Arabia and the...

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Bomb kills 10 Turkish police officers as jets strike PKK in Iraq

DIYARBAKIR, Turkey: Ten police officers were killed in a bomb attack on a minibus in a Turkish province bordering Armenia and Iran on Tuesday, a government official told Reuters, the edge of a region...

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29 suspected militants killed in N. Sinai security raid: military spox

CAIRO: The Egyptian armed forces killed 29 suspected militants Monday morning during raids carried out in North Sinai, said military spokesperson Mohamed Samir. In a televised statement, Samir said the...

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Former MP Hamdy al-Fakharany arrested on bribery charges

CAIRO: The South Giza Public Funds Prosecution has ordered Monday the detention of former parliamentarian Hamdy al-Fakharany for four days pending investigations over charges of bribery, Youm7...

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Minister of Planning: No delays to pay interest of Suez Canal investment...

By Hany al-Houty, translated by Sara Ghali CAIRO: Egypt will not fail to pay its debts, said Minister of Planning Ashraf al-Arabi in an interview with Youm7, adding that the government will not delay...

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Interview with Investment Minister Ashraf Salman

Translation by Samar Samir, Nourhan Magdi, Hanan Fayed, and Sara Ghali CAIRO: Egypt is actively courting new markets for foreign investment, said Investment Minister Ashraf Salman in an interview with...

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Euromoney comes amid ‘bad economic situation’

By Mahmoud Askar , translated by Nourhan Magdi and Hanan Fayed CAIRO: The Chairman of the Egyptian Stock market Mohamed Omran said that the Euromoney Egypt Conference, which is scheduled to be held in...

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France says taking all refugees would be victory for Islamic State

PARIS: France warned on Tuesday that it would be a mistake for Europe to take in all refugees persecuted by Islamic State militants in Syria and Iraq, and called for a plan of action to ensure the...

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