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DUBAI - Sunni Muslim-ruled Gulf Arab states are often wary of subversion from their powerful Shia neighbor Iran, but Dubai's veteran police chief reserves most of his wrath for the "dictators" of the Muslim Brotherhood.
Dhahi...
Cairo's bourse fell to a new 2013 low on Wednesday as foreign investors sold stocks on fears that Egypt's currency would be further devalued.
The Egyptian pound has fallen sharply against the dollar on the black market in the last few days...
Some 500 Egyptian students broke into the headquarters of the country's top Islamic university on Tuesday to demand the resignation of its president following a mass food poisoning on campus, a security official said.
Around 460 Al-Azhar...
The 193-nation UN General Assembly overwhelmingly approved on Tuesday the first-ever treaty on global arms trade that seeks to regulate the $70 billion international business in conventional arms ranging from light weapons to battle tanks and...
Officials plan to cut state wheat imports this year by around 10 percent, with the world's largest grain importer relying instead on its domestic crop and building storage, according to the agriculture minister on Tuesday.
The world's...
DUBAI — The International Monetary Fund could conceivably change the size of the US$4.8 billion loan which it is negotiating with Egypt, depending on the country's needs, a senior IMF official said on Tuesday.
"The size may vary, it...
Egypt's central bank said on Monday it intended to reintroduce deposit operations as a way to absorb excess liquidity, starting on Tuesday, in a monetary tightening move that economists said could help fight inflation and support a weakening...
WASHINGTON - The United States on Monday accused Egypt of muzzling freedom of speech after prosecutors questioned the most popular Egyptian television satirist over allegations he insulted President Mohamed Morsy and Islam.
US State Department...
Egypt raised the price of state-subsidized cooking gas for the first time in two decades on Monday, a government official said, trimming an unaffordable subsidy bill but increasing the risk of unrest.
The price rise comes two days before an IMF...
The Egyptian Exchange said on Sunday a subsidiary of Russian billionaire Mikhail Fridman's Altimo had offered to buy 100 percent of Egypt's Orascom Telecom .
The offer from a Cyprus-based firm owned by Altimo is at a price of US$0.70 per...
