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Egypt’s public debt exceeds 2T EGP for 1st time in March: CBE
CAIRO: The Central Bank of Egypt (CBE) announced that Egypt’s public debt hiked to 2.016 trillion EGP ($260.62 billion) at the end of March, while the external debt declined to $39.9 billion, Youm7...
View ArticleExplosives stolen from army base in France
MARSEILLE: Explosives, 180 detonators and around 40 grenades were stolen from an army base in the southern French town of Miramas, near Marseille, a source close to investigation said on Tuesday. The...
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4 ‘terrorists’ killed, 1 arrested in North Sinai: military Spox
CAIRO: The Egyptian armed forces have killed four “terrorists” and arrested another in restive North Sinai amid a military campaign against militants following a series of attacks against security...
View ArticleEgypt’s pound steady at 7.73/dollar at official auction
CAIRO: Egypt’s pound held steady at 7.73 per dollar at a central bank auction on Tuesday, unchanged from last sale on Sunday, according to data posted on the Central Bank of Egypt (CBE) website. On...
View ArticleBomb in Nigeria’s Zaria city kills at least 20 people
KADUNA: A bomb on the outskirts of Nigeria’s Zaria city in the northern state of Kaduna killed at least 20 people on Tuesday morning, the state governor, Nasir el-Rufai, said on his Twitter feed....
View ArticleForeign investments exit market by 12% in Q1 2015: CBE
CAIRO: The rate market exit of foreign investment is 12 percent during the first quarter of 2015, to reach $1.53 billion, compared to $1.74 billion in the same period from the last year, according to...
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Demarcation of 3 news Egyptian governorates completed: Minister
CAIRO: Egypt’s Minister of Local Development Adel Labib announced that the ministry has finished the demarcation of three new governorates; Central Sinai, el-Alamain and Bahariya Oasis, Youm7 reported...
View ArticleEgypt signs energy import deals with Russia’s Rosneft
Egypt and Russia’s top oil producer Rosneft have signed two initial deals for the supply of petroleum products and liquefied natural gas to Cairo, the two sides said on Tuesday. The oil ministry said...
View ArticleTurkish army says detains almost 800 trying to cross illegally from Syria
ISTANBUL: Turkey’s army said on Tuesday it had detained almost 800 people trying to cross illegally from Syria, including three suspected Islamic State militants, after bolstering security in border...
View ArticleEgypt repays $670M debt to Paris Club: CBE
CAIRO: Egypt has repaid a $670 million six-month premium on the foreign debt owed to the Paris Club last Wednesday, Reuters quoted central bank governor, Hisham Ramez Tuesday. Paris Club is an informal...
View Article‘Electricity surplus’ in Egypt due to maintenance of power plants: Minister
CAIRO: There is “surplus” in electricity production in Egypt due to periodical maintenance of existing power plants, increasing their efficiency, Minister of Electricity Mohamed Shaker said in a Monday...
View ArticleEGX extends losing streak, benchmark dips 1.5%
CAIRO: The Egyptian Exchange (EGX) lost ground on Tuesday, hurt by institutions’ sell-offs, extending its bearish performance for a third straight day. The benchmark index EGX30 slipped 1.5 percent to...
View Article38 Brotherhood affiliated NGOs dissolved in Menoufia
CAIRO: A total of 38 NGOs, allegedly affiliated with the Muslim brotherhood, have been dissolved in Menoufia, Farag Suleiman, undersecretary of Ministry of Social Solidarity deputy in the governorate,...
View ArticleU.S. only training 60 Syrian fighters, far below expectations
WASHINGTON: The United States was only training about 60 Syrian opposition fighters to battle Islamic State as of July 3, far below expectations, partly due to rigorous U.S. vetting of recruits,...
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Deadly car bombs hit Yemen, day after almost 200 killed
SANAA: Two deadly car bombs hit the capital Sanaa and a southern city in Yemen on Tuesday, state news agency Saba reported, a day after air strike and clashes killed almost 200 people nationwide....
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Israel says Islamic State’s Sinai assault aimed to help Hamas get arms
JERUSALEM: Israel accused Hamas on Tuesday of supporting last week’s assaults by Islamic State affiliates on Egyptian forces in the Sinai in hope of freeing up arms smuggling to the Gaza Strip. The...
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Iran nuclear talks extended, source says 48 hours left for deal
VIENNA: Iran and major powers gave themselves at least until Friday to negotiate an agreement on the Iranian nuclear program, but a source from one of the powers said on Tuesday they had to wrap up in...
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Two suicide bombers kill around 30 in northern Nigeria
KADUNA: Suicide bombers killed around 30 people in two blasts in northern Nigeria on Tuesday, witnesses and a state governor said, the latest attacks in a renewed offensive by suspected Boko Haram...
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