Cotton pricing, subsidy await Cabinet approval
CAIRO: The price of a quintal of cotton produced in the Delta was set at 1,300 EGP ($166,) while a quintal produced in Upper Egypt was priced at 1,150 EGP, Youm7 reported Thursday. The Ministry of...
View ArticlePolice arrest suspect in Egyptian Mint Authority theft
CAIRO: The Interior Ministry announced Friday the arrest of a man suspected of the Egyptian Mint Authority (EMA) theft, Youm7 reported. Some 50 kilograms of gold were stolen Thursday, and the alleged...
View ArticleEGX dips on pound depreciation news this week, benchmark loses 3.5%
CAIRO: The Egyptian Exchange (EGX) lost ground this week on Investment Minister’s statements about inevitable pound depreciation in the coming period. Speaking at the Euromoney Egypt conference held in...
View ArticleRift Valley Railways eyes new markets in East Africa
Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in infrastructure and industry, was the proud host of an event that has laid the groundwork to stimulate significant improvement in...
View ArticleEgypt’s core annual inflation drops to 5.6% in August: CBE
CAIRO: Egypt’s core annual inflation rate slid to 5.61 percent in August, down from 6.49 percent in July, the Central Bank of Egypt announced late Thursday. Earlier on Thursday, the Central Agency for...
View ArticleBomb blast hits Nigerian internally displaced persons camp
YOLA: A bomb blast hit a Nigerian internally displaced persons (IDP)camp on Friday morning on the outskirts of Adamawa state capital Yola in the northeast of the country, a spokesman for the...
View ArticleFears grow as Middle East food import bill set to double by 2035 – expert
TORONTO: The cost of food imports to Arab states is expected to double over the next 20 years, potentially spurring more violence and waves of refugees, if the region’s farms do not become more...
View ArticleSouth Sudan’s rebels ratify fragile peace deal – spokesman
JUBA: South Sudan’s rebels have ratified a peace deal signed by PresidentSalva Kiir and their leader Riek Machar last month, in another step towards ending a 20-month civil war, the rebel spokesman...
View ArticleRepublicans continue fighting Iran deal in US Congress
WASHINGTON: Republicans in the House of Representatives continued their efforts to thwart the international nuclear accord with Iran, though the Senate has already sealed its fate in Congress and...
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Record 432,761 refugees, migrants have crossed Med this year -IOM
GENEVA: A record 432,761 refugees and migrants have crossed theMediterranean so far in 2015, more than doubling the total for all of last year, the International Organization for Migration (IOM) said...
View ArticleAt least 87 killed by falling crane at Grand Mosque in Mecca
RIYADH: At least 87 people were killed when a crane toppled over at Mecca’s Grand Mosque on Friday, Saudi Arabia’s Civil Defence head said, less than two weeks before Islam’s annual haj pilgrimage....
View ArticleVideo:Crane collapse in Mecca killed at least 87
Video:Crane collapse in Mecca killed at least 87.
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Video: Crane collapse kills at least 107 in Mecca Grand Mosque
Video: Mecca crane collapse: 107 dead at Saudi Arabia’s Grand Mosque.
View ArticleSisi offers condolences to Saudi King for victims of Mecca crane collapse
CAIRO: President Abdel Fatah al-Sisi offered condolences to Saudi King over the death of 107 in the Muslim holy city of Mecca after a construction crane collapsed Friday, read a presidency statement....
View ArticleNomination window for 2015 Parliament race closes
CAIRO: The nomination window for Egypt’s 2015 parliament will close Saturday, 12 days after opening for hopeful candidates; all aspiring representatives have been three additional days to submit their...
View ArticleNo Egyptian, Sudanese ground troops deployed in Yemen: Assiri
CAIRO: The Saudi-led military Arab coalition denied deployment of any Egyptian ground troops in Aden, the state news agency MENA reported Friday. In a phone call with the Riyadh-based Al Ekhbariya...
View ArticleMoI did not authorize public servants’ protest: official
CAIRO: Hours ahead of a protest called for by number of public servants against the controversial new Civil Law Saturday, the Ministry of Interior announced that no protest permits have been issued....
View ArticleUpdate: Sisi appoints Petroleum Minister to form new gov’t
CAIRO: President Abdel Fatah al-Sisi has appointed Sherif Ismail, the former Minister of Petroleum, to form a new government. Sisi accepted Saturday the resignation of the Cabinet headed by Ibrahim...
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