ASEC Cement says on track to boost output
CAIRO: Egypt's ASEC Cement is on track to triple its cement production in the Middle East and North Africa by 2013 and is finalizing talks with banks to boost production…
Egypt signs for loans worth $308 mln
Egypt signed three loan agreements worth $308 million with the Arab Fund for Economic and Social Development, AlembicHC reported in a note citing Bloomberg. Proceeds will reportedly be directed toward…
Amer Group wins bid for Fayoum project
Egyptian real estate firm Amer Group won a bid for a 2.8 million square meter plot of land south of the capital, Cairo, it said on Sunday, adding a new…
Egypt plans to build first nuclear plant by 2019
Egypt's minister of electricity says the country plans to build its first nuclear power and have it fully operational by 2019. The state-owned MENA news agency quotes Hassan Younes as…
Ancient Christian site in UAE opens to visitors
DUBAI: A 1,400-year-old monastery that is the only known pre-Islamic Christian site in the United Arab Emirates has opened to visitors, The National newspaper reported on Sunday. The monastery on…
Sudanese army attacks South Darfur village
CAIRO: The Sudanese army on Saturday attacked a village in South Darfur for a second consecutive day in violence that has left one person dead and driven at least 250…
No peace talks with ‘stopwatch’: Israeli minister
JERUSALEM: Israel will not discuss final status issues in talks with the Palestinians with "a stopwatch in hand," a senior Israeli lawmaker said Sunday, responding to US pressure for new…
Two Palestinians killed in Gaza firing: Israeli army
JERUSALEM: Two suspected Palestinian militants died and an Israeli soldier was wounded late Saturday in an exchange of gunfire near the border of the Gaza Strip with Israel, the Israeli…
Wikileaks exposed Iran’s ‘vulnerability’: Mousavi
TEHRAN: Iranian opposition leader Mir Hossein Mousavi said Wikileaks has exposed the Islamic regime's "vulnerability" due to its government's policies which have left Tehran without allies in the Gulf. US…
Iraqi officials say 17 killed in suicide bombing
BAGHDAD: A suicide bomber blew up his car Sunday outside government offices in a province west of the Iraqi capital, killing 17 people, including women and elderly people waiting to…
