UN refugee agency urges Saudis to stop Somali deportations
GENEVA: The UN refugee agency on Friday urged Saudi Arabia to stop sending Somali refugees and asylum seekers back to the war-ravaged Somali capital, Mogadishu. "UNHCR is deeply troubled by…
Somali Shebab calls for attacks on Uganda, Burundi embassies
DUBAI: Somalia's Qaeda-linked Shebab militants have called for worldwide attacks on the embassies of Uganda and Burundi, whose troops make up a large African Union (AU) force in Somalia, a…
UN experts fault Israel on human rights
GENEVA: A UN panel of experts called Friday on Israel to fall in line with international norms on civil rights and to take action against targeted killings, torture and impunity…
EIPR urges release of ‘Hassan Shehata’ detainee
CAIRO: NGO the Egyptian Initiative for Personal Rights (EIPR) on Thursday called for a release order to be issued in favor of a man detained without charge under emergency law…
Sukuk lose shine for traditional Gulf issuers
DUBAI: The lure of Islamic bonds appears to be wearing off for conventional borrowers in the Gulf, even as the global industry grows, with high-profile defaults and rising costs souring…
EFIC establishes LE 500 mln fertilizer plant in Ain Sokhna
In a statement on the stock exchange website, the Egyptian Financial and Industrial Company (EFIC) said that it gained all required licenses to establish a new plant in Ain Sokhna…
New investment zone in Banha to create 10,000 jobs
Minister of Invesment Mahmoud Mohieldin and Banha Governor Adly Hussein laid the foundation of stone of a new investment zone in the governorate. The new zone will be set for…
World Bank offers $3.2 bln to finance 18 development projects
The current portfolio of cooperation between Egypt and the World Bank comprises 18 development projects, financed through loans at a total $3.209 billion, in addition to 10 grants worth $66.200…
Bayt.com creates Mideast online salary calculator
CAIRO: Job site Bayt.com has introduced an online salary calculator for job seekers in the Middle East. With 4.5 million registered job seekers and about 30,000 employers, Bayt.com CEO M.…
Egypt’s central bank holds rates steady as growth quickens
CAIRO: The Central Bank of Egypt (CBE) left its key overnight interest rates on hold on Thursday a day after the government announced that economic growth had accelerated to an…
