News in brief
Credit Suisse raises price target on Telecom Egypt Credit Suisse raised its price target on Telecom Egypt to LE 20, saying stronger-than-expected revenues and earnings before interest, tax, depreciation and…
Egypt rejects France Telecom appeal over Mobinil bid
CAIRO: An Egyptian appeal body upheld a regulator s rejection of France Telecom s third offer to buy outstanding Mobinil shares, the deputy head of the regulator said on Tuesday.…
Syria to supply Lebanon with Egyptian natural gas
DAMASCUS: Syria s state-run news agency says Syria and Egypt have signed an agreement to transport Egyptian natural gas to Lebanon through Syria.Wednesday s agreement is part of a deal…
Civilians majority of Gaza war dead, says Israeli study
JERUSALEM: Well over half of nearly 1,400 Palestinians killed in Israel s Gaza war were civilians, including 252 children younger than 16, a leading Israeli human rights groups said Wednesday,…
Rafah Crossing set for two day opening next week
CAIRO: The Rafah border crossing will be opened for two days next Tuesday to allow Palestinians in Gaza to enter Egypt and vice-versa.Palestinians currently in Egypt will be allowed to…
Egypt guards kill 4 Africans migrants near Israel
RAFAH: Egyptian border guards have fatally shot four African men and wounded three others trying to cross the border with Israel.Security and hospital officials say the men were a group…
Settlements, talks must come before normalization, says Aboul Gheit
CAIRO: Egyptian Foreign Minister Ahmed Aboul Gheit said Tuesday that Israel would have to revive peace talks and freeze settlement construction before Arab states take steps toward a normalization of…
Enough is enough of migrant killings, says Amnesty
CAIRO: The Egyptian authorities must rein in their border guards, Amnesty International said on Wednesday, a day after four migrants from sub-Saharan Africa were shot dead near the Israeli border.…
Hamas produces and smuggles weapons: Meshaal
KHARTOUM: The political supremo of the Palestinian Islamist movement Hamas, Khaled Meshaal, said his group produces and smuggles weapons, during a visit to Sudan on Wednesday. Your brothers in Palestine,…
Hariri steps down as Lebanon prime minister-designate
BEIRUT: Saad Hariri announced on Thursday that he was stepping down as Lebanon s prime minister-designate after the Hezbollah-led opposition rejected a team he proposed earlier this week. Given that…