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Syrian children bear the brunt of brutal war

By Dr Cesar Chelala One of the saddest things in the world today, ravaged by brutal wars, is a child, looking nowhere, as if asking the viewer, “Why are you doing this to us? We are only children.” This thought came to my mind as I read a report of the effects of the Syrian …

Daily News Egypt

Israel open to joint missile defence with Jordan, Egypt

Reuters- The two Arab countries that have full peace treaties with the Jewish state share some of its concern regarding the disputed nuclear programme of Iran and the civil war wracking Syria – both states with long-range missile arsenals. Jordan’s Red Sea port of Aqaba is also under threat from short-range rockets fired by Islamist …

Daily News Egypt

Emirates REIT to raise $135m in first Dubai IPO since 2009

Reuters – A real estate investment trust, Emirates REIT, said on Tuesday that it planned to raise at least AED 500 million dirhams ($135m) in Dubai’s first initial public offer of shares since 2009. The company will use proceeds from its IPO on the Nasdaq Dubai bourse for possible future acquisitions and investment in existing …

Daily News Egypt

Court drops verdict against Juhayna Food Industries

Reuters – A court in Cairo has cancelled a verdict against the chairman of Juhayna Food Industries, one of the country’s largest dairy product and juice makers, the firm said on Tuesday. Juhayna said on Monday it was appealing a court’s decision to jail Safwan Thabet, who is also the firm’s chief executive, for one …

Daily News Egypt

Saudi retailer Alhokair eyes US, UK buys; plans debut sukuk

Reuters – Fawaz Abdulaziz Alhokair Co., the Saudi retailer which franchises brands such as Zara and Marks and Spencer in the kingdom, is studying three to five acquisition targets in the United States and United Kingdom, a company official said on Monday. The firm, the largest listed retailer on the Saudi stock market, also aims …

Daily News Egypt