Twelve killed in Iraq as Shia pilgrimage ends

KARBALA: A series of attacks in Baghdad and a holy Iraqi city killed 12 people, while five others died in a helicopter crash, as major religious ceremonies came to a…

AFP
AFP

Abbas terms for direct talks ‘impossible’, says Israel minister

JERUSALEM: Israel on Wednesday accused Palestinian president Mahmud Abbas of imposing "impossible" conditions for moving to direct peace talks. "The Palestinians have set three impossible conditions: that the negotiations start…

AFP
AFP

Jordanian premier reshuffles cabinet

AMMAN: Jordanian Prime Minister Samir Rifai reshuffled his cabinet on Wednesday, dropping six ministers and replacing them with seven others, a senior official told AFP. The ministers of justice, education,…

AFP
AFP

Jordan trade unions slam Netanyahu’s visit

AMMAN: Jordan's Islamist-led trade unions on Wednesday strongly condemned Israeli Prime Minister Benjamin Netanyahu's visit to Jordan, describing him as a "criminal." "At a time when the Zionist enemy is…

AFP
AFP

Iran accuses US of paying opposition to topple regime

TEHRAN: Iran's electoral watchdog accused the United States of giving opposition leaders $1 billion to topple the Islamic regime and promising them another $50 billion, reports said Wednesday. The head…

AFP
AFP

Saudi cleric calls for Muslim maids only

RIYADH: A Saudi cleric said only Muslim housemaids should be allowed in the oil-rich country and they should be kept segregated from men in the home, an online news site…

AFP
AFP

Egypt gains, EFG sees possible rally

CAIRO: Egypt's benchmark index rose for a sixth day, with EFG-Hermes saying market conditions are ripe for a short-term rally. The index gained 0.5 percent to close at 6,226 points.…

Reuters

Gazans want “Marshall Plan”, Israel policy falls short

GAZA: Wael El Wadiah's Gaza snack food factories once employed 250 people. Today, denied access to the West Bank market by Israel, he employs a few dozen workers in what…

Daily News Egypt

Actis moves into payment card industry with MSCC buy-out

“We believe that e-payment will be the next big thing in Africa,” said Hossam Abou Moussa, investment principle at Actis, a private equity firm specializing in emerging markets. Actis announced…

Christopher Le Coq

Experts forecast steady performance for Egypt banks

“The Egyptian banking sector’s performance in mirrors the strong fundamentals and the vast liquidity of the sector, which has…allowed Egypt to safely navigate through the global turmoil,” Sherif Khalil, head…

Christopher Le Coq