World leaders flock to Ismailia to celebrate New Suez Canal opening
CAIRO: World Presidents and leaders have flocked to Egypt’s governorate of Ismailia to participate in the New Suez Canal inauguration ceremony. On aboard of a Kuwaiti airplane, Kuwait monarch Sabah...
View ArticleEgypt’s Walaa Hafez completes 13-H dive, waiting Guinness record recognition
By : Sara Ghali CAIRO: Egyptian diver Walaa Hafez completed his 13-hour dive in the New Suez Canal Wednesday, waiting for Guinness to recognize it as a new world record, Youm7 reported. The dive...
View ArticleSisi gave the go ahead for “Egypt’s gift to the world”
CAIRO: President Abdel Fattah al-Sisi has given the go ahead for the “New Suez Canal” Thursday. During the inauguration speech, Sisi said he appreciates the efforts exerted make the dream comes true,...
View ArticleRevenues of Suez Canal to rise to $13.5B by 2023: Mamish
CAIRO: Revenues of the Suez Canal are projected to rise to $13.5 billion by 2023, compared to the current revenues of $5.30 billion, Youm7 quoted a well-informed sources at the Suez Canal Authority...
View ArticleEgypt’s budget deficit hits 10.8% in 11 months
CAIRO: Egypt’s overall budget deficit surged to 261.8 billion EGP ($33.43 billion,) 10.8 percent of GDP in 11 months from July to May of FY 2014/2015 (ended June 30,) according to Finance Ministry’s...
View ArticleEgypt’s Global Telecom reports $28 mln Q2 net profit
CAIRO: Aug 6 Egypt’s Global Telecom Holding , formerly Orascom Telecom, reported a second-quarter net profit of $28 million. That compared with a loss of $175 million a year earlier, the company said...
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New IS affiliate claims responsibility for Saudi bombing
RIYADH: An alleged new affiliate of the Islamic State group in Saudi Arabia has claimed responsibility for an attack that targeted police and special forces in the kingdom’s southwest and that killed...
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Full text of Sisi’s speech at New Suez Canal Inauguration ceremony
Speech by the President of the Arab Republic of Egypt Abdel Fattah El Sisi at the Inauguration Ceremony of the New Suez Canal Thursday, August 6, 2015 Your Majesties, Excellencies and Highnesses.....
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Egypt ‘strongly’ condemns attack on Saudi worshippers
CAIRO: Egypt has strongly condemned the “brutal attack” that targeted Asir Region in southeast of Saudi Arabia Thursday, killing 15 people, said Egyptian spokesperson of Foreign Ministry Badr...
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Pics: Sisi accompanies child with cancer in New Suez Canal cruising
CAIRO: Meeting a wish of a child with cancer, President Abdel Fatah al-Sisi accompanied Thursday Omar Salah during his cruising down the New Suez Canal at the inauguration ceremony. Omar, in a military...
View ArticleSoccer-Egypt winger Salah joins Roma on season-long loan
LONDON: Chelsea have agreed terms with AS Roma for the season-long loan of Egypt winger Mohamed Salah, the Premier League club said on its website (www.chelseafc.com) on Thursday. The Rome club have an...
View ArticleTsipras and Hollande want bailout agreed in late August
ATHENS/ISMAILIA: Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed on Thursday that a new bailout for Greece could and should be agreed soon after August 15. The two men...
View ArticlePolice kill 5 alleged Brothehrood members in Fayoum
CAIRO: Five people allegedly affiliated with the banned-Muslim Brotherhood group were killed Thursday in a fire exchange with police forces, which raided their “hotbed” in Fayoum city, southwest of...
View ArticleIn split with Obama, Sen. Chuck Schumer opposes Iran deal
WASHINGTON: Sen. Chuck Schumer, a New York Democrat expected to be the party’s next leader in the Senate, said he will oppose the Iran nuclear deal in spite of President Barack Obama’s intense lobbying...
View ArticleMubarak’s Interior Min. to face trial over ‘stealing public funds’
CAIRO: An urgent court hearing to be scheduled for Hosni Mubarak’s era Interior Minister Habib al-Adly and 12 others over “stealing public funds” during the former president’s reign, Youm7 reported...
View ArticleTruck bomb in Kabul kills eight, wounds hundreds
KABUL: A truck bomb exploded near an army compound in central Kabul on Friday, killing at least eight people and wounding hundreds, police and health officials said, in the first major attack in the...
View ArticleNew diplomatic push for Syria seen, but solution elusive
BEIRUT: The first visit of a top Syrian official to a Gulf Arab state in more than four years is the strongest sign yet of a new diplomatic push to end the Syrian war, but there are still huge hurdles...
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