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10 soldiers killed in attack on army camp in north: Mali
BAMAKO: A Mali resident says at least 10 soldiers were killed when armed men attacked an army post in a northern village. Moussa Cisse said attackers on motorcycles came early Monday into the camp in...
View ArticleEgypt expects to import 7.79 mln tonnes of LNG this fiscal year
CAIRO: Egypt expects to import 28.6 million tonnes of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16, the planning ministry said on...
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US-led strikes in Iraq, Syria killed many civilians: Report
BAGHDAD: An independent monitoring group says some bombings carried out by the U.S.-led coalition targeting the Islamic State group likely have killed hundreds of civilians. The coalition had no...
View ArticleRussia creates Aerospace Forces to merge military branches
MOSCOW: Russia has merged several branches of its military into the Aerospace Forces — a reorganization aimed at enhancing coordination and efficiency. Defense Minister Sergei Shoigu said Monday that...
View ArticleCourt upholds 10-year sentence against defendant over attacking media city
CAIRO: The Giza Criminal Court upheld Monday a ten-year jail sentence and a 257, 000 EGP ($35,000) fine against a defendant over charges of attacking the Egyptian Media Production City (EMPC) in...
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FDI rises to $5.7B in first 9 months of FY2014/2015: Planning Ministry
CAIRO: Net foreign direct investment (FDI) inflow hiked to $5.7 billion during the first nine month of last fiscal year 2014/2015 (ended June 30,) compared to $3.1 billion in the same period a year...
View ArticleMoroccan dies while being smuggled into Spain in suitcase
MADRID: A Moroccan man died from suffocation while being smuggled into Spain by his brother inside a suitcase that was in the trunk of a car on a ferry crossing, authorities said Monday. Francisco...
View ArticleEGX slumps for 2nd day, benchmark down 0.9%
CAIRO: The Egyptian Exchange (EGX) extended its bearish performance for a second straight day at the close of Monday’s’s session, hurt by local and Arab retailers’ sell-off. The benchmark index EGX30...
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Pro-Mubarak angered over excluding his images from Suez Canal wall murals
CAIRO: A ceramic tile mural with images of Egypt’s presidents; Nasser, Sadat and Abdel Fatah al-Sisi was installed in Cairo’s main metro station to mark the New Suez Canal inauguration ceremony...
View ArticleChina to restrict drone, supercomputer exports
BEIJING: China will restrict the export of drones and supercomputers from Aug. 15 to help protect national security out of fears such equipment could fall into the hands of militant groups, state news...
View ArticleEGX signs MoU with GAFI to support SMEs in Upper Egypt
CAIRO: The Egyptian Exchange (EGX) signed Monday a Memorandum of Understanding with the General Authority For Investment and Free Zones (GAFI) to support small and medium enterprises SMEs in Upper...
View ArticleWe want Iran cooperation, not meddling, Gulf Arabs tell Kerry
DOHA: Iran’s nuclear deal should bring stability and “good neighbourliness” rather than interference, Gulf Arab states told U.S. Secretary of State John Kerry on Monday as they began talks on the...
View ArticleVideo: Fire erupts at residential building in downtown Cairo
CAIRO: Fire erupts at residential building in downtown Cairo
View ArticleSuez Canal archaeological finds on display at Egyptian Museum
CAIRO: A temporarily exhibition, comprises 60 ancient Egyptian artifacts that were excavated from archaeological sites in the Suez Canal area, was inaugurated at Cairo’s Egyptian Museum Sunday by...
View ArticleEmaar Misr’s IPO buyback offer heavily oversubscribed
CAIRO: Aug 3 Shareholders of Egyptian property developer Emaar Misr submitted a total of 487.317 million shares to be bought back by the company on Monday, more than five times the 90 million shares...
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Video: Divers celebrate the New Suez Canal opening
Divers celebrate the New Suez Canal opening
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