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The Cabinet has made progress in talks with the International Monetary Fund (IMF) on a US$4.8 billion loan and will continue negotiations next week, Finance Minister Morsy Hegazy said on Thursday.
"Talks are continuing with the delegation....
At least 45 Syrians were killed, some in cold blood, when government troops stormed the contested town of Sanamein in the southern province of Deraa, opposition activists and a monitoring group said on Thursday.
The British-based Syrian Observatory...
Tunisia received US$28.8 million on Thursday in the first such retrieval of what it calls looted assets held abroad by ousted President Zine El Abidine Ben Ali and his family.
The state news agency TAP said a cheque in that amount had been handed to...
The stock exchange hit a two-week high on Thursday after Qatar and Libya pledged US$5 billion in funding to a cash-strapped Egypt, while most Gulf markets also gain in earnings anticipation.
Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani...
Al-Azhar on Thursday approved a law that would allow the country, which is struggling with a soaring budget deficit, to issue sukuk (Islamic bonds), but said some articles passed by the Shura Council must be amended.
The Freedom and Justice Party-...
QATIF, Saudi Arabia — Al-Awamiyah is a small village of shabby houses, narrow streets and dilapidated palm groves that has earned a big reputation as the center of unrest among Saudi Arabia's Shia Muslim minority.
In two years of...
SHANGHAI/BEIJING — Chinese police detained at least 10 people for spreading rumors about the H7N9 bird flu virus, state media said on Wednesday, as the death toll from the new strain rose to nine.
Authorities detained the people in six...
Egypt might ask the International Monetary Fund to increase a previously requested $4.8 billion (LE3.1 billion) loan to cover its budget deficit, the country's planning minister said on Wednesday.
"It's very possible that we will...
Sports Minister Al-Emary Farouq announced all local, Arab and African championship football matches will be played without spectators, after fans damaged a stadium belonging to the Armed Forces during an Ahly game earlier this week. Fans also...
The National Security Agency said Tuesday that militias in Libya are responsible for a kidnapping ring targeting Egyptians.
According to Major General Adel Gaafar, a NSA representative, these militias force i9ts victims to work on plantations if...
