BW Gas floating LNG terminal arrives in Egypt -state gas board head
CAIRO: A second liquefied natural gas (LNG) import terminal arrived in Egypt without cargo on Wednesday and will start operating in the third week of October, state gas board EGAS head Khaled Abdel...
View ArticleMideast funds heavily favour UAE equities in region -survey
DUBAI: Middle East fund managers favour United Arab Emirates stock markets over other bourses by a large margin as the region struggles with low oil prices and an unstable global environment, a...
View ArticleRussian air strikes in Syria not targeting Islamic State areas, U.S. official
WASHINGTON: Russian air strikes in Syria do not appear to be targeting areas held by Islamic State-held forces and may extend beyond the vicinity of Homs to other areas, a U.S. official said on...
View ArticleRussian official told U.S. embassy in Baghdad about Syria strikes – State...
WASHINGTON: A Russian official in Baghdad told U.S. Embassy personnel that Russian military aircraft would begin flying missions on Wednesday over Syria against Islamic State forces, U.S. State...
View Article‘Large cat’ bites 4 Cairo Airport workers
CAIRO: A cat bit four workers from Egypt Air while they were trying to open a storehouse in Passenger Terminal 3 to clean it; they were transferred in an ambulance to Egypt Air Hospital Wednesday. The...
View ArticleEgypt’s misdemeanor courts go cage-free Oct 1: Minister
CAIRO: Lawyer and human rights activist Negad al-Borai has hailed the Egyptian Justice Minister’s decision to remove defendant’s cages from all misdemeanor courtrooms nationwide. “The decision...
View ArticleEGX ends on mixed note, benchmark flat
CAIRO: The Egyptian Exchange (EGX) shut on a mixed note Wednesday, amid sideways performance and thin liquidity. Egypt’s benchmark index EGX30 was almost flat with only 0.02 percent up to hit at...
View ArticleMoody’s affirms HSBC Bank ME Limited’s ratings following announcement of its...
Moody’s affirms HSBC Bank ME Limited’s ratings following announcement of its intention to move to Dubai Limassol, September 30, 2015 — Moody’s Investors Service has today affirmed HSBC Bank Middle East...
View ArticleEgypt’s Defense Min. meets US Central Command chief
CAIRO: Defense Minister Sedky Sobhy met Wednesday with the head of the United States Central Command Lloyd Austin in Cairo, where they discussed military and security cooperation and partnership. The...
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Date with justice? Dried fruit swapped for 11 kg of hash in evidence
CAIRO: The prosecution is investigating the replacement of 11 kilos of hash with the same weight of pressed dates, Youm7 reported Wednesday. The drugs were seized in 2012 in Mahalla in the Delta, and...
View ArticleCabinet to appoint deputies to merged ministries
CAIRO: Prime Minister Sherif Ismail announced in a news conference Wednesday that the Cabinet will appoint deputies for the newly merged ministries, Youm7 reported. Sixteen new ministers were sworn in...
View ArticleEgypt becomes recipient country of EBRD, promising large investments: diplomats
CAIRO: The majority of the European Bank for Reconstruction and Development (EBRD) Board of Governors has voted in favor of listing Egypt as a country of operation, Egyptian diplomatic sources told...
View ArticleFrance says “absolute necessity” to avoid clashes over Syria
UNITED NATIONS: France said on Wednesday it had not been informed byRussia of its air strikes in Syria, but said it was crucial there was coordination to avoid clashes over Syria. “No,” Foreign...
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In photos: 7 killed, 51 injured in series of bombs in China
In photos: 7 killed, 51 injured in series of bombs in China.
View ArticleTunisian troops seize arms, papers with Islamic State symbol near Libyan border
TUNIS: Tunisian troops seized arms and documents bearing the symbol of Islamic State from two cars near the Libyan border, as authorities tighten security following two major attacks this year,...
View ArticleAsia extends global gains, China PMIs taken in stride
TOKYO: Asian stocks rose on Thursday, drawing strength from overnight gains in global equities markets following their weakest quarter in four years, while twin surveys showing persistent weakness in...
View ArticleSaudi Arabia says deeply concerned at Russia attacks on Syria
DUBAI: Saudi Arabia demands Russia end its military operations against targets in Syria, a Saudi diplomat said in remarks broadcast by Saudi-owned al-Arabiya television, adding the Islamic State...
View ArticleEgyptian Consulate in Jeddah still trying to identify stampede victims
CAIRO: Photos of 42 unidentified Egyptian pilgrims, who were killed and injured in last week’s Mecca stampede, were posted Wednesday on the official Facebook page of the Egyptian Consulate in Jeddah....
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