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Cabinet approves 120M EGP in compensation to Dabaa displaced families
CAIRO: The Cabinet approved the allocation of 120 million EGP ($18.5 million) to compensate 1,300 persons displaced from the city of Dabaa where Egypt’s first nuclear power plant is being constructed,...
View ArticleAttack on U.N. convoy in northern Mali kills five, wounds six
BAMAKO: Five people were killed and another six severely wounded in an attack on a United Nations convoy in northern Mali, a spokesperson for the country’s U.N. peacekeeping mission said on Thursday....
View ArticleQalaa expects final deal to acquire “Misr Glass” in Q3
CAIRO: Qalaa Holdings, one of Egypt’s leading investment firms, announced Thursday it signed an initial agreement with some shareholders in Middle East Glass (MEG) to full acquire their stocks in the...
View ArticleNo casualties, no shooter spotted at Washington Navy Yard -media
WASHINGTON: There were no casualties or injuries at the Washington Navy Yard, CBS News reported on Thursday following a lockdown at the facility in the nation’s capital amid reports of a shooting. CBS...
View ArticleEGX slumps after Sinai militant attacks
CAIRO: The Egyptian Exchange (EGX) lost ground on Thursday, hammered by an investor bearish sentiment over wide-scale militant attacks in Egypt’s restive North Sinai on Wednesday. Military spokesman...
View ArticleSinai deadly attacks spark international condemnation
CAIRO: The series of coordinated terrorist attacks that killed dozens in Egypt’s Sinai Wednesday have sparked condemnation several states, international figures and organizations. The United Nations...
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Reporting on slain prosecutor banned, military spox warns against foreign media
CAIRO: Publishing news on the prosecution’s investigations into the Monday assassination of late Attorney-General Hisham Barakat has been banned, state-owned MENA reported. The gag rule, ordered by...
View ArticleArab League calls for accelerating the formation of unified Arab forces
CAIRO: Cairo-based Arab League (AL) General Secretariat held Thursday an urgent meeting on Wednesday North Sinai attacks, calling for the acceleration of establishing a unified Arab Armed Forces to...
View ArticleEgypt’s pound hits new official low of 7.63/dollar
CAIRO: Egypt’s pound weakened to 7.63 per dollar at a central bank auction on Thursday, down from 7.53 per dollar on Monday’s sale, the first depreciation since February. This is the lowest level the...
View ArticleU.S., allies target Islamic State with 28 air strikes in Syria, Iraq
WASHINGTON: U.S.-led coalition forces conducted 18 air strikes against Islamic State in Iraq and 10 in Syria on Wednesday, the U.S. military said. The strikes in Iraq targeted eight cities including...
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Sisi ratifies amended budget for FY 2015/16 with 8.9% deficit
CAIRO: Egypt’s President Abdel Fattah al-Sisi ratified Thursday the state budget for fiscal year (FY) 2015/2016, after being revised to slash the projected deficit to 8.9 percent of GDP, according to a...
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Israeli officer kills stone-throwing Palestinian youth in West Bank
RAMALLAH, West Bank (Reuters) – A senior Israeli army officer shot and killed a Palestinian youth who was throwing stones near a checkpoint in the occupied West Bank on Friday, Palestinian and Israeli...
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U.S. tourism to Egypt increases by 4.7 % in 2014: CAPMAS
CAIRO: The number of U.S. tourists who visited Egypt rose by 4.7 percent in 2014, registering 154,600 tourists compared to 147,600 in 2013, according to a report issued by the Central Agency for Public...
View ArticleRe-opening of Sadat metro station awaits authorities’ approval: source
CAIRO: The re-opening of Sadat metro station in Tahrir Square awaits security authorities’ approval, a source at the Metro Company told Youm7 Thursday. The company was informed with the closure...
View ArticleTurkey reinforces Syria border, Davutoglu says no incursion planned
ISTANBUL (Reuters) – Turkey has deployed additional troops and equipment along part of its border with Syria as fighting north of the city of Aleppo intensifies, security sources said, but Prime...
View ArticleTwin blasts kill 10 in northeast Nigeria: police
MAIDUGURI: Two suicide bomb blasts along a highway in northeast Nigeria killed at least 10 people on Thursday afternoon, state police said, the latest in a string of almost daily attacks by suspected...
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