EGX ends in red, losses 1.3B EGP
CAIRO: The Egyptian Exchange (EGX) lost ground at the end of Tuesday’s session, hurt by foreign and Arab sell-offs, amid local purchases. Egypt’s benchmark index EGX30 fell 1.05 percent to 7,332...
View ArticleSyria state media praise Putin’s UN speech
DAMASCUS: Syria’s state media on Tuesday praised Vladimir Putin’s speech before the U.N. General Assembly in which the Russian leader defended Syrian President Bashar Assad. Syrian newspapers said the...
View ArticleFinance Min., World Bank launch Citizens Budget 2015/16 in Egypt
CAIRO: Egypt’s Finance Minister Hany Qadry announced Tuesday the launch of the Citizens Budget’s initiative for the year 2015/16, with the cooperation of the World Bank, Youm7 reported. The initiative...
View ArticleNew US sanctions illustrate sprawling Islamic State network
WASHINGTON: The U.S. government announced sanctions Tuesday against 25 people and five groups connected to the Islamic State, disclosing intelligence that depicts a sprawling international organization...
View ArticleEgypt says King Tut’s tomb may have hidden chambers
LUXOR: Egypt’s antiquities minister says King Tut’s tomb may contain hidden chambers, lending support to a British Egyptologist’s theory that a queen may be buried in the walls of the 3,300 year-old...
View ArticleSaudi viewed as ‘friendliest’ state, Israel seen as most hostile: Baseera
CAIRO: Egyptians ranked Saudi Arabia the friendliest country to Egypt, while Israel was ranked as most hostile, according to a Baseera poll released Tuesday. Baseera, which conducted a telephone survey...
View ArticleSaudi police say 1,100 photos of dead are from start of hajj
MECCA: Saudi Arabia’s Interior Ministry says the nearly 1,100 photos distributed to foreign diplomats to help identify nationals who’ve died in the hajj are from the entire pilgrimage and not just a...
View ArticleNo alternatives to negotiations on Ethiopian dam: Minister
CAIRO: There is “no alternative” to negotiations in the case of the Great Ethiopian Renaissance Dam (GERD,) Minister of Irrigation Hossam Moghazy told Youm7 Tuesday. The agreements between the Egyptian...
View Article81 students suffer food poisoning in Beheira primary school
CAIRO: The total number of students suffering from food poisoning reached 81 students in Al-Adl primary school in Beheira governorate, after eating lupin beans from street vendors, Youm7 reported...
View ArticleEgypt expects $12.58 billion in additional revenue for 2015/16
CAIRO: Egypt aims to generate around 98.5 billion Egyptian pounds ($12.58 billion) of additional revenue this financial year by launching economic legislation and financial reforms, Finance Minister...
View ArticleUrgent UN call for aid for Yemen
UNITED NATIONS: The latest developments from the annual U.N. gathering of world leaders at which they’re tackling major crises like the refugee issue and crises in Syria, Yemen and elsewhere: ___ 12:01...
View ArticleCongress: US fails to stop most people trying to join ISIS
WASHINGTON: The government has largely failed to stop more than 250 Americans who have traveled overseas to join or tried to join terrorist groups, including the Islamic State group, a new...
View ArticleAfter ruinous war, Syria regions may go separate ways
BEIRUT: Syria has already been shattered by more than four years of civil war, and with no solution in sight, some players on the ground and observers outside have concluded its fate will be to break...
View ArticleScrapped Russian arms deal to cost France up to 250 mln euros
PARIS: The scrapping of a deal to sell two Mistral helicopter carriers to Russia should cost French taxpayers no more than 250 million euros ($280 million), a Senate report said on Tuesday. France...
View ArticleNYC consulate reports Brotherhood protesters to U.S. State Department
CAIRO: The Egyptian consulate in New York submitted a memo to the U.S. State Department to demand the arrest of alleged Muslim Brotherhood members who assaulted members of the media delegation...
View ArticleArab coalition seizes Iranian boat with weapons in Arabian Sea – Arabiya TV
DUBAI: Arab coalition forces waging a military campaign against Houthi groups in Yemen have seized an Iranian boat loaded with weapons in the Arabian Sea, the Saudi-owned al-Arabiya television said on...
View ArticleRussia says Baghdad centre helps coordinate air strikes, ground troops in...
MOSCOW: The Russian Defence Ministry said on Wednesday a recently established centre in Baghdad helped to coordinate air strikes and ground troops in Syria, the news agency Interfax reported.
View ArticleRussian parliament grants Putin right to use military force in Syria
MOSCOW: The Russian parliament on Wednesday unanimously granted President Vladimir Putin the right to deploy the country’s military in Syria, a move a top Kremlin aide said related only to the air...
View ArticleIMF Executive Board Completes 8th Review under EFF for Pakistan
PRESS RELEASE: The Executive Board of the International Monetary Fund (IMF) on September 28, 2015 completed the eighth review of Pakistan’s economic performance under a 36-month program supported by an...
View ArticleCoalition says seizes Iranian boat carrying arms to Yemen
DUBAI: Saudi-led coalition forces fighting Iranian-allied Houthi groups inYemen foiled an attempt to smuggle weapons to Yemen aboard an Iranian boat, the coalition said. The vessel, seized on...
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