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FIA hands Ferrari €50,000 fine for F1 accident in Bahrain

The Fédération Internationale de l’Automobile (FIA) fined Ferrari €50,000 after the recent Formula One race in Bahrain where a Ferrari driver, Kimi Raikkonen, was released from his pit box too soon, knocking over a mechanic on the left-rear of the car. A clip of the accident circulated widely on social media. The mechanic, Francesco Cigarini, …

Daily News Egypt

Egyptian special forces head to Bahrain for military training

A group of Egyptian special forces headed to Bahrain on Saturday to participate in a joint military drill, dubbed Khaled Bin Al-Waleed 2018, with Bahraini counterparts, according to a statement from the Egyptian Armed Forces. This came as part of the joint exercises plan between the armed forces of both countries. The training will last …

Daily News Egypt

Kuwait tops Gulf stock markets amid varying performance

Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m. The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day. The Muscat Securities Market (MSM) …

Daily News Egypt