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Study: Israelis, Palestinians would gain billions from peace
JERUSALEM: Israelis and Palestinians would gain billions of dollars from making peace with each other while both would face daunting economic losses in case of other alternatives, particularly in case...
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Dana Gas drills 30 wells in Egypt’s Delta
CAIRO: Dana Gas commenced drilling Balsam-2 development well in the Balsam Development lease onshore Nile delta, which will take around four months to be completed, reported Dana Gas Sunday. The well...
View ArticleEgypt’s FM meets his Italian counterpart over Libya crisis
CAIRO: Egypt’s Minister of Foreign Affairs Sameh Shoukry met his Italian Counterpart, Paolo Gentiloni in Cairo Sunday and discussed the Libyan crisis and ways to enhance bilateral relations, according...
View ArticleTurkey’s AKP to try to form coalition, early election possible – deputy PM
ANKARA: Turkey’s ruling AK Party will try to form a coalition government as its first option after losing its parliamentary majority, but an early election could be on the cards if it fails to do so,...
View ArticleTony Blair arrives in Cairo, meets with Egyptian officials
CAIRO: Former UK Prime Minister Tony Blair arrived in Cairo Sunday in a two-day visit to discuss regional issues with a number of officials, Youm7 reported. Blair, who was the Quartet Envoy to the...
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Egypt-Libya Sallum border crossing opens from Libyan side Monday
CAIRO: The Egypt-Libya Sallum border crossing will reopen Monday after a recent agreement was made to open the borders and allow Libyans access to Egypt, Chief of Libya’s Musaid municipality Saleh...
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US official: Airstrikes killed 10,000 Islamic State fighters
BEIRUT: A U.S. official said Wednesday that more than 10,000 Islamic State fighters have been killed by American-led airstrikes in Iraq and Syria in nine months, offering a body count for a campaign...
View ArticleAl-Azhar Imam delivers opening speech at East, West Dialogue conference in Italy
CAIRO: Egypt’s Grand Imam of Al-Azhar Sheikh Ahmed el-Tayeb is to give the opening speech at the East and West: Dialogue between civilizations conference in Florence Monday, Youm7 reported. Sponsored...
View ArticleTurkey’s Erdogan says no party has mandate to govern alone after election
ANKARA: Turkish President Tayyip Erdogan said on Monday no party had won a mandate to govern alone in a parliamentary election and urged all political parties to work towards preserving an environment...
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Human Right record embarrasses Sisi’s ‘successful’ foreign policy: experts
CAIRO: Egypt’s “endless” domestic human right violations cause embarrassment to President Abdel Fatah al-Sisi’s successful foreign policy, according to foreign affairs experts. Under its...
View ArticleMore than 3,300 Syrians flee fighting near Turkish border
ANKARA: A Turkish government official says more than 3,300 Syrians have crossed into Turkey in the past two days fleeing fighting between Islamic State militants and Kurdish forces in northern Syria’s...
View ArticleAttacks in Egypt’s north Sinai kill 1 soldier, wound 5
EL-ARISH: Egyptian security and hospital officials say two militant attacks in the restive northern part of the Sinai Peninsula have killed one soldier and wounded four. In one Monday attack, they say...
View ArticleForeign Ministers of Egypt, Algeria, Italy meets in Cairo over Libyan crisis
CAIRO: Egypt’s Minister of Foreign Affairs Sameh Shoukry met with his Italian and Algerian counterparts in Cairo Monday to discuss the current Libyan crisis, according to the ministry’s webpage. During...
View ArticleEGX extends losing streak, equities shed $2.8B
CAIRO: The Egyptian Exchange (EGX) widened its downward wave at the close of Monday’s session, battered by local and foreign sell-offs. The benchmark index EGX30 declined 0.65 percent, to end at 8,672...
View ArticleEgypt’s record local wheat purchases suggest smuggling is rife
ABU DHABI: Egypt’s reported record local wheat purchases of 5 million tonnes so far this season suggest chronic smuggling has been worsened by an inflated government purchasing price that is up to...
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Obama Administration Criticizes Egypt in Report to Congress
CAIRO: President Barak Obama’s administration has submitted the Congress a report criticizing Egypt’s democratic trajectory. “The overall trajectory for rights and democracy has been negative [.…]A...
View ArticlePetroleum projects worth $9.4B now underway: Minister
CAIRO: Egypt’s petroleum sector is currently proceeding with implementing a package of projects with total investments worth some $9.4 billion, in addition to projects that have been accomplished...
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