Video shows first shakes of Mecca’s Grand Mosque crane collapse
Video:Mecca’s Grand Mosque crane collapse video shows first shakes of building.
View ArticleEGX rallies for 2nd straight day on foreign buying, benchmark up 1.1%
CAIRO: The Egyptian Exchange (EGX) shut on a positive note for a day in a row at the close of Monday’s session, boosted by foreign institutions’ purchases. Backed by positive performance of the market...
View Article44k Egyptian pilgrims arrive in Saudi
CAIRO: A total of 44,659 Egyptian pilgrims have arrived in Saudi Arabia thus far, executive director of the Egyptian pilgrimage mission Sayed Maher told Youm7 Sunday. Of the lot-chosen pilgrims in the...
View ArticleConstruction sector may receive 100B EGP in 2015: EFG-Hermes
CAIRO: Egypt’s construction and building materials sector is expected to receive investments worth 100 billion EGP during 2015, Wael Ziada, Managing Director and head of research at EFG- Hermes, said...
View ArticleKuwait court sentences seven to death over mosque bombing-agency
KUWAIT: A Kuwaiti court on Tuesday sentenced seven suspects to death over a suicide bombing at a Shi’ite Muslim mosque in June that killed 27 people, state news agency KUNA reported. The agency said...
View ArticleThe Latest: Mexico’s foreign minister to fly to Cairo
The latest developments after Egyptian troops mistakenly opened fire on a group of Mexican tourists on a safari in the country’s western desert. All times Cairo time: 7 a.m. Mexican Foreign Minister...
View ArticleEgyptian pilgrim dies of health issues in Saudi Arabia
CAIRO: An Egyptian pilgrim died in Saudi Arabia after a reported battle with liver cancer, raising the death toll among Egyptians during the 2015 Hajj season to five, according to the Ministry of...
View ArticleEgypt’s economy may grow 4.5% in FY 15/16: EFG-Hermes
CAIRO: Egypt’s economy is projected to grow by 4.5 percent during fiscal year (FY) 2015/2016, up from 4.2 percent in the previous FY, EFG-Hermes Managing Director and head of research, Wael Ziada, said...
View ArticlePalestinians, Israeli police clash at Jerusalem shrine for third day
JERUSALEM: Israeli police armed with stun grenades and tear gas clashed with rock-throwing Palestinian youths who barricaded themselves inside Jerusalem’s al-Aqsa mosque on Tuesday, police and...
View Article4th AC metro carriage on Egypt’s oldest line to operate Sept. 27
CAIRO: A fourth air-conditioned metro carriage will operate on the oldest line running from Helwan to Marg districts after the four-day Eid al-Adha or “Feast of Sacrifice,” which will end Sept. 27,...
View Article22 asylum seekers drown off Turkish coast, 211 rescued
CAIRO: The bodies of 22 asylum seekers, including 11 women and four children, were found drowned off a Turkish coast Tuesday; 211 were rescued after their boat sank on its way to the Greek Island of...
View ArticleClik here to view.
Oil spill spotted, controlled in northern Aswan
CAIRO: Egypt’s Ministry of Environment has controlled a 300-meters long oil spill in the Nile River in northern Aswan, Youm7 reported Monday. In a Monday statement, the ministry announced that an oil...
View ArticleEgyptian billionaire in talks to buy 2 Greek islands for refugees
CAIRO: Egyptian billionaire Naguib Sawiris, who previously hinted he would buy Mediterranean islands for migrants and refugees, has identified two private Greek islands and is in negotiations with...
View ArticleClik here to view.
Israeli police damage Al-Aqsa Mosque in Jerusalem
CAIRO: The Israeli police broke down the historical gates of the Qibli mosque, one of the buildings in the holy Al-Aqsa Mosque compound, after they raided the complex from the Mughrabi Gate Tuesday,...
View ArticleEgyptian pound stable at dollar sale, stronger at exchange bureaux
CAIRO: The Egyptian pound was held steady by the central bank at a dollar sale on Tuesday, selling $37.8 million at a cut-off price of 7.7301 pounds per dollar, but strengthened on the parallel market....
View ArticleClik here to view.
Egypt Central Bank seen keeping rates on hold – survey
CAIRO: Egypt’s central bank is expected to keep interest rates unchanged on Thursday as it balances efforts to control inflation with efforts to stimulate its struggling economy, according to...
View ArticleIMF starts Egypt’s visit for macroeconomic technical follow-up
CAIRO: An International Monetary Fund (IMF) mission began meetings with Egyptian officials in Cairo Tuesday, for technical follow-ups and assessments of Egypt’s macroeconomic performance, the Finance...
View ArticleOmran to promote EGX in Dubai
CAIRO: Egyptian Exchange Chairman Mohamed Omran is to give the keynote speech at the Arab IO Summit (IPOs) which kicked off Monday in Dubai, organized by Bloomberg institution, according to an EGX...
View Article