Egypt 7-day deposits average yield steady at 8.278 pct
CAIRO: The weighted average yield at a 7-day deposit auction was 8.278 percent, compared with 8.276 percent at last week's auction, Egypt's central bank said on Tuesday. The bank had…
Iraq arrests network behind April embassy blasts
BAGHDAD: Iraq has announced the arrest of a network it says was behind the April bombings of foreign embassies that killed 46 people. Military operations spokesman Maj. Gen. Qassim Al-Moussawi…
US envoy in Mideast as hopes rise for new peace moves
JERUSALEM: US envoy George Mitchell was back in the Middle East on Tuesday in his latest bid to restart Israeli-Palestinian peace negotiations stalled by a bitter row over settlement building.…
Military exercises with US begin in West Africa
OUAGADOUGOU: Military exercises bringing together armed forces from Africa and Europe under US supervision began in Burkina Faso on Monday, aimed at reinforcing the continent's fight against extremist groups. The…
Israeli reporter returns classified military notes
JERUSALEM: An Israeli newspaper says one of its investigative reporters has returned to authorities the classified documents he had received from a military whistleblower. The Haaretz daily reported on Tuesday…
Three passengers taken off New York-Dubai flight, says airline
DUBAI: Emirates Airlines said on Tuesday that three passengers were removed from a New York-Dubai flight, after US officials said a suspect in an attempted New York bombing was arrested…
Tehran beggars make $1,500 a month, says Iran official
TEHRAN: Beggars in the Iranian capital earn the equivalent of $1,500 a month — five times the official minimum wage — the Mehr news agency reported on Tuesday. "Tehran beggars…
As price of gold rises, small shop owners feel the heat
CAIRO: The price of gold increased by $2.60, or 0.2 percent, to $1,183.30 an ounce on Monday, reaching as high as $1,188.40 at one point in the day on the…
Accor eyes further growth in Mideast, Asia markets
DUBAI: French hotel and services group Accor (ACCP.PA), which recently posted better-than-expected first-quarter results, said on Monday it saw room for further growth in certain "hot spots" in the Middle…
Fires rip through West Bank mosque, olive grove
NABLUS: Fires ripped through a mosque and an olive grove in two West Bank villages on Tuesday, and local Palestinians accused Jewish settlers of deliberately setting the blazes. The mosque…