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  • EGX gains about EGP 9bn very early in Monday trading session

    EGX gains about EGP 9bn very early in Monday trading session

    Date: 2015-05-18 09:35:19 GMT - Egypt - Economy - SN:13 - ID:2611085

    The Egyptian Exchange (EGX) gained about nine billion pounds in the first 10 minutes of Monday's trading session on the back of a government decision to suspend the Capital Gains Tax (CGT) for two years. The EGX 30 benchmark index soared by 3.77 ....

  • Lavrov, Zarif discuss Yemen developments

    Lavrov, Zarif discuss Yemen developments

    Date: 2015-05-18 09:29:20 GMT - Russia - International - SN:12 - ID:2611021

    Russian Foreign Minister Sergey Lavrov and his Iranian counterpart Mohammad Javad Zarif discussed over the phone the latest developments in Yemen. They expressed concern over the current situation there and the ongoing humanitarian crisis, the ....

  • Security forces on high alert in Suez, Hurghada

    Security forces on high alert in Suez, Hurghada

    Date: 2015-05-18 09:16:35 GMT - Egypt - Egypt - SN:10 - ID:2610921

    Police forces in Suez maintained on Monday strict security measures outside the Suez court complex, judges and employees inside as well as all roads leading to the building and its gates. The forces were placed on alert, spread outside of the ....

  • Fire at Sama Aswan project controlled

    Fire at Sama Aswan project controlled

    Date: 2015-05-18 09:14:02 GMT - Egypt - Egypt - SN:9 - ID:2610905

    Civil defense forces put out the fire that erupted at Sama Aswan tourist project late on Sunday but no casualties were reported. The fire caused damage to the ground floor of the project located on Kornich el Nile. Three fire engines took part ....

  • Arab media can play decisive role in fighting extremist thoughts - official

    Arab media can play decisive role in fighting extremist thoughts - official

    Date: 2015-05-18 09:08:22 GMT - Jordan - Arab world - SN:8 - ID:2610857

    The spokesman for the Jordanian government underlined on Monday the important role of Arab media in facing extremist ideas. "We need in the Arab and Islamic world to fight terrorism by military, security and intellectual ways," Mohamed al Momani ....

  • PM inaugurates EGX trading session Monday

    PM inaugurates EGX trading session Monday

    Date: 2015-05-18 09:06:09 GMT - Egypt - Egypt - SN:7 - ID:2610837

    Prime Minister Ibrahim Mahlab and Investment Minister Ashraf Salman will inaugurate the EGX trading session Monday. Mahlab will ring the opening bell of the trading session today, said EGX chairman Mohamed Omran. The premier met Sunday night ....

  • CGT suspended for 2 years to maintain market competitiveness

    CGT suspended for 2 years to maintain market competitiveness

    Date: 2015-05-18 09:03:57 GMT - Egypt - Economy - SN:6 - ID:2610821

    The Egyptian government has decided to suspend the Capital Gains Tax (CGT) for two years to maintain the competitiveness of the market. The decision came as part of non-stop efforts to achieve economic reform while taking into consideration the ....

  • 560 trucks enter Gaza Strip via Karm Abu Salem

    560 trucks enter Gaza Strip via Karm Abu Salem

    Date: 2015-05-18 08:40:00 GMT - palestine - Arab world - SN:5 - ID:2610617

    Israeli authorities decided to allow 560 trucks loaded with construction materials into Gaza Strip from Israel via Karem Abu Salem crossing. The trucks are carrying goods for the commercial, agricultural and transportation sectors along with aid ....

  • Israeli gunboats fire at Palestinian fishermen off Gaza

    Israeli gunboats fire at Palestinian fishermen off Gaza

    Date: 2015-05-18 08:29:14 GMT - palestine - Arab world - SN:3 - ID:2610537

    Israeli gunboats fired Monday at Palestinian fishermen off Gaza Strip shores, forcing them to leave waters. No injuries were reported, local sources said. ....

  • Conscript wounded in attack on security checkpoint in Ismailia

    Conscript wounded in attack on security checkpoint in Ismailia

    Date: 2015-05-18 08:24:27 GMT - Egypt - Egypt - SN:2 - ID:2610469

    One conscript was wounded in a terrorist attack targeting a security checkpoint on Ismailia-Suez desert road. Ashraf Abdel Azim sustained a bullet in the foot when unidentified men driving a car opened fire at the checkpoint. Security forces ....

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