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EGX losses ground over Arab and local sell-offs

CAIRO: The Egyptian Exchange (EGX) plunged at the close of Sunday session, battered by Arab and local institutions’ sales. The benchmark index EGX30 tumbled 1.27 percent to end at 8,011 points, down...

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Egypt rejects Qatari mediation to reconcile with outlawed Muslim Brotherhood

CAIRO: Egypt has “totally’ rejected Qatar’s proposal to mediate between the Egyptian regime and the outlawed Muslim Brotherhood group, Egyptian Foreign Ministry spokesperson Ahmed Abu-Zeid said in a...

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Saudi crown prince calls for vigilance after Islamic State bombing

RIYADH: Saudi Arabia’s crown prince has called for higher vigilance and better preparedness in the kingdom after a suicide attack claimed by Islamic State on a security forces mosque killed 15 people,...

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Russia, Saudi foreign ministers to talk energy markets, Syria on Tuesday

MOSCOW: Saudi and Russian foreign ministers, Adel al-Jubeir and Sergei Lavrov, will meet in Moscow on Tuesday to discuss global energy markets and the Middle Eastcrisis, including the war in Syria and...

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Kurdish rebels fire at police in Turkey; 1 officer killed

ANKARA: Officials say Kurdish rebels have fired at a police vehicle in southern Turkey, killing a policeman and wounding another, in the latest attack against Turkish security forces. The governor’s...

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2 police officers, civilian injured in blast near Cairo’s Heliopolis court

CAIRO: Two police officers and a civilian were injured Monday morning after a bomb went off nearby a court complex in Cairo’s eastern district of Heliopolis, Youm7 reported. Civil protection forces...

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Senior officer, assailant killed in Suez gun attack

CAIRO: A senior police officer was killed and a soldier injured Sunday after two assailants fired on a military unit in Suez governorate, military spokesperson Mohamed Samir said in a statement....

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21 die of sunstroke amid Egypt’s scorching heat wave

CAIRO: A total of 21 people have died of sunstroke amid scorching heat wave hitting Egypt this month, Ministry of Health said in a statement Monday. At least 66 people sickened by heat exhaustion...

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Court sentences 10 to death in ‘Zawahiri terrorist cell’

CAIRO: Cairo Criminal court motioned Monday a death sentence against 10 defendants accused in the case known as “Zawahiri terrorist Cell,” in which 68 are facing charges of establishing a terrorist...

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Assailants fire shots at US Consulate in Istanbul

ISTANBUL: Two assailants opened fire at the heavily protected U.S. Consulate building in Istanbul on Monday, touching off a gunfight with police before fleeing the scene, Turkish media reports said....

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Egypt to receive $1.4B petroleum aid from Saudi Arabia over 3 months

CAIRO: Egypt is to receive $1.4-billion-worth petroleum aid from Saudi Arabia over the three months of September, October and November, Al-Mal Newspaper reported Sunday. “It was not yet determined...

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Suicide car bomb near Afghan capital’s airport kills 5

KABUL: A suicide car bombing at a busy roundabout near the entrance to Kabul’s international airport on Monday killed at least five people and wounded 16, officials said. The Kabul provincial police...

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8 Brotherhood members sentenced to death over 2013 riots in Minya

CAIRO: A criminal court motioned Sunday a death sentence against eight defendants allegedly affiliated with the Muslim Brotherhood group over involvement in riots that took place in Upper Egypt’s Minya...

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Egypt arrests 5,087 over ‘illegal immigration’ during past month: military

CAIRO:  A total of 5,087 people have been arrested during the past month over attempted “illegal immigration” through Egypt’s borders, an anonymous military source told Youm7 Monday. “Border guards are...

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Giza officials fail to reach agreement with Imbaba homeless families

CAIRO: Dozens of homeless campers, who have been stranded on the streets after their residential buildings collapsed in Giza’s Imbaba district, refused to move to other state-funded units in the 6...

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Egypt’s annual inflation drops to 8.3% in July: CAPMAS

CAIRO: Egypt’s annual urban consumer inflation dropped to 8.3 percent in July, its lowest level in 2015, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced in a Monday report....

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Iraq opens borders with Jordan to allow stranded Egyptians to cross

CAIRO: The Iraqi authorities opened borders with Jordan to let five Egyptian drivers cross into Jordan after being stranded for over 27 days, The Egyptian Foreign Ministry spokesperson Ahmed Abou Zeid...

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Telecom Egypt’s Q2 net profit rises to $48.3 million

Reuters: Telecom Egypt earned a second-quarter profit after tax of 378 million Egyptian pounds ($48.28 million), up 55 percent from 243 million a year earlier, the country’s landline monopoly said in...

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Prominent Syrian rights activist released from prison

BEIRUT: Activists say Syrian authorities have released a prominent journalist and human rights activist after more than three years’ imprisonment. Mazen Darwish was the director of the Syrian Center...

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Tax department employees protest new civil service law

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