Ireland to expel Israeli diplomat in Hamas killing row
DUBLIN: Ireland is to expel an Israeli diplomat over the use of forged Irish passports by suspects in the murder of a Hamas official in Dubai in January, the foreign…
Hamas TV protests imminent halt of French broadcasts
GAZA CITY: The Hamas-run Al-Aqsa TV station on Tuesday protested a decision to take it off the air in France within 48 hours because of "incitement to hatred." The deputy…
Sponsor system gateway to human trafficking in Mideast, says HRW
DUBAI: Human Rights Watch on Tuesday urged countries across the Middle East to end forced labor brought by visa sponsorships that the watchdog said have become a gateway for human…
China wealth fund to visit Egypt, says Mohieldin
CAIRO: The chairman of China's sovereign wealth fund, which manages $300 billion, will visit Egypt to discuss potential investments in the Arab world's most populous nation, the investment minister said…
Egypt, Jordan talk transport liberalization
CAIRO: The ministers of trade and transport from Egypt and Jordan met in Cairo Tuesday to further discuss a framework for liberalizing transportation and simplifying the transfer of goods via…
World Bank grants $30 mln loan for national sewage project
Minister of International Cooperation Fayza Aboul Naga signed a loan agreement with the World Bank worth $30 million to continue execution of the national sewage project, reported Al-Alam Al-Youm newspaper.…
Newspaper editor to stand trial for 'inciting public opinion against real estate tax'
CAIRO: Wael El-Ebrashi, editor-in-chief of independent Sawt El-Umma newspaper, will stand trial on July 18 at the Giza Criminal Court for charges of inciting the public against a new tax…
Mideast M&A drops in Q1, Egypt active: E&Y
Mergers and acquisitions values in the Middle East and North Africa fell 59 percent in the first quarter, but Egypt bucked the trend and is expected to remain active, an…
HDB first quarter profit tumbles
Egypt's Housing and Development Bank's (HDB) first quarter net profit tumbled 45 percent from the same period a year earlier, the bourse said on Monday. The firm made a consolidated…
Piraeus Bank Egypt raising capital by 35 mln euro
Piraeus Bank Egypt is to increase its capital by €35 million ($43 million) to expand its credit portfolio. The bank, almost fully owned by Greek group Piraeus Bank, will raise…