CAIRO (Reuters) – Egypt’s non-oil private sector business activity shrank at its sharpest pace in three months in September amid contractions in new orders and outputs, but companies were optimistic that growth will pick up in the coming year, a survey showed on Tuesday. The Emirates NBD Egypt Purchasing Managers’ Index (PMI) for the non-oil […]
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By Ahmed Aboulenein CAIRO (Reuters) – Egypt has arrested 22 people in the past three days as part of a crackdown on gays after a rainbow flag was raised at a concert, activists and rights groups said on Monday. At least 33 people have been arrested since Sept. 23, after a group of people were […]
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By Ahmed Aboulenein CAIRO (Reuters) – Egypt has arrested 22 people in the past three days as part of a crackdown on gays after a rainbow flag was raised at a concert, activists and rights groups said on Monday. At least 33 people have been arrested since Sept. 23, after a group of people were […]
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TRIPOLI (Reuters) – At least five civilians were killed and 12 others wounded among dozens of casualties in recent fighting in the Libyan migrant smuggling hub of Sabratha, the United Nations said on Monday. Sabratha’s university hospital has twice been hit by shelling, rendering the emergency and surgery units unusable, the U.N. Libya mission said […]
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CAIRO (Reuters) – Egypt aims to raise its revenues from taxes imposed on tobacco by 7 billion Egyptian pounds ($397.50 million) in the 2017-18 fiscal year that began in July, a government document said. The country is targeting around 54.545 billion Egyptian pounds ($3.10 billion) in revenues from tobacco taxes, according to a document released […]
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CAIRO (Reuters) – Foreign investment in Egyptian securities rose to $18 billion in September, a Finance Ministry document showed. Appetite for Egypt’s domestic debt has increased since the central bank floated the pound currency and hiked key interest rates by 700 basis points since November, but average yields on treasury instruments have come down in […]
Read More CAIRO (Reuters) – Egyptian militant group Hasm claimed responsibility on Sunday for a small explosion at Myanmar’s embassy in Cairo, saying it was in retaliation for that country’s military crackdown on Rohingya Muslims. Egypt’s interior ministry has not commented on Saturday’s blast, which residents and media initially reported as probably the result of a faulty […]
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By Tom Miles GENEVA (Reuters) – The fight against the deadly Middle East Respiratory Syndrome (MERS), which has killed at least 722 people over the past five years, is honing in on its target: camels. MERS coronavirus (MERS-CoV), a member of a virus family ranging from the common cold to Severe Acute Respiratory Syndrome, appears […]
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CAIRO (Reuters) – Egypt will finish unloading a 63,000-tonne cargo of Romanian wheat held by the country for containing poppy seeds by Tuesday, an official source close to the matter said on Sunday. Forty-three thousand tonnes have already been unloaded, said the source, adding none of the cargo had been transferred for sieving yet. Minister […]
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CAIRO (Reuters) – Egypt will finish unloading a 63,000-tonne cargo of Romanian wheat held by the country for containing poppy seeds by Tuesday, an agriculture ministry official said on Sunday. Forty-three thousand tonnes have already been unloaded, said Agriculture Ministry spokesman Hamid Abdel Dayem, adding none of the cargo had been transferred for sieving yet. […]
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By Abdirahman Hussein and Orhan Coskun MOGADISHU/ANKARA (Reuters) – Turkey opened its biggest overseas military base on Saturday in Somalia’s capital, cementing its ties with the volatile but strategic Muslim nation and building a presence in East Africa. More than 10,000 Somali soldiers will be trained by Turkish officers at the base, a senior Turkish […]
Read More By Deena Beasley (Reuters) – A U.S. District Court judge on Friday cleared the way for Maryland to implement the nation’s first law designed to penalize drugmakers for price gouging by denying the generic drug industry trade group’s request for an injunction. The state’s new law will go into effect as planned on Sunday, according […]
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