Egypt’s central bank seen hiking rates to dampen price rises
The Central Bank of Egypt (CBE) will hike its overnight deposit rate by 50 basis points (bps) on Thursday as it works to keep inflation in check, a Reuters poll forecast.
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Saudi prince made $500m Russia bet at start of Ukraine war
Saudi Arabia’s Kingdom Holding Co 4280.SE, the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in three major Russian energy companies between February ...
Iran says Rushdie and supporters to blame for attack (Updated)
No one has the right to level accusations against Iran over Friday’s attack on Salman Rushdie, for which he is to blame after denigrating the world’s Muslims, the ...
Death toll from Armenia fireworks explosion rises to six, scores injured (Updated)
Rescuers have recovered two more bodies from the site of a fireworks warehouse blast in Armenia, bringing the death toll from Sunday’s accident to six, Armenia‘s emergencies ministry ...
Iran will respond to EU’s nuclear text by midnight on Monday, says foreign minister
Iran will respond to the European Union’s “final” text by midnight on Monday, Iranian Foreign Minister Hossein Amirabdollahian said, calling on the United States to show flexibility for the ...
Salman Rushdie off ventilator and condition improving, agent says
Salman Rushdie, the acclaimed author who was hospitalized on Friday with serious injuries after being repeatedly stabbed at a public appearance in New York state, is off a ventilator and ...
Rushdie’s stabbing highlights divisions in Iranian society
Many Iranians have turned to social media to show their anger and praise over the attack on novelist Salman Rushdie at a lecture in New York state, with some conspiracy ...
Fireworks explode in Armenian mall, killing one and injuring 45 (Update 1)
Blasts ripped through a fireworks warehouse in a shopping mall in the Armenian capital of Yerevan on Sunday, killing one and injuring at least 45 people, Russian news agencies cited the ...
At least 41 killed in Egyptian church fire, security sources say (Update 2)
At least 41 people were killed and 45 injured in a fire inside a church in the Egyptian city of Giza on Sunday, two security sources told Reuters.
An electrical fire broke ...
Scotland’s police investigate threat made to JK Rowling after Rushdie tweet
Scotland’s police said on Sunday they are investigating a report of an “online threat” made to the author JK Rowling after she tweeted her condemnation of the stabbing of ...
Seven hurt in gun attack on Jewish worshippers’ bus in Jerusalem
A gunman wounded seven people aboard a bus carrying Jewish worshippers in Jerusalem on Sunday, Israeli authorities and witnesses said, describing the incident as a suspected Palestinian attack.
The assailant ...
Iran’s hardline newspapers praise Salman Rushdie’s attacker
Several hardline Iranian newspapers poured praise on Saturday on the person who attacked and seriously wounded author Salman Rushdie, whose novel ‘The Satanic Verses’ had drawn death threats from Iran ...
Iraqi factions call for new government in rival protests
Rival Iraqi factions took to the streets of Baghdad on Friday to call for a new government, with supporters of Shi’ite cleric Moqtada al-Sadr demanding early elections and his ...
Assad opponents in Syria protest Turkish ‘reconciliation’ call
Thousands of people staged protests across parts of rebel-held northern Syria Friday after Turkey’s foreign minister called for reconciliation between Syrian opposition groups backed by Ankara and the government ...
Egypt to ration electricity to boost gas exports
Egypt’s cabinet has approved a plan to ration electricity to save natural gas that it will instead divert to the export market to generate foreign currency, it said on ...
Islamic State ‘Beatle’ appears in London court charged with terrorism offences
A 38-year-old man who is accused of being a member of an Islamic State cell dubbed The Beatles and who was deported from Turkey this week appeared in a London ...
Lebanese bank hostage situation ends after partial funds payout (Update 2)
A hostage situation in a Beirut, Lebanon, bank ended on Thursday after authorities agreed to grant a Lebanese gunman partial access to his frozen funds in exchange for releasing all ...
Dubai’s biggest bank gives staff a pay rise for inflation
Dubai’s biggest bank Emirates NBD (ENBD.DU) has given most employees a pay rise of up to 8 per cent to help cushion against rising costs of living driven by ...
Egypt’s annual urban consumer inflation rises to 13.6 per cent in July
Egypt’s annual urban consumer inflation accelerated to 13.6 per cent year-on-year in July from 13.2 per cent in June, data from the country’s statistics agency CAPMAS showed on Wednesday.
Meanwhile, ...
Iran makes first import order using cryptocurrency
Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent US sanctions ...
Israel tourism rebounds in July, still well below pre-COVID levels
Israeli tourism continued to recover following the COVID-19 pandemic in July although it was 22.6 per cent below its 2019 level, the Tourism Ministry said on Monday.
Tourism Minister Yoel Razvozov said ...
Oil dips on chance of Iran supply boost
Oil prices pulled back slightly on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports ...
Truce hanging by a thread as Israeli forces kill two Palestinian gunmen in West Bank clash
Israeli security forces killed two Palestinian gunmen in armed clashes in the occupied West Bank on Tuesday, witnesses and the Israeli military said.
Israeli forces surrounded the house of Ibrahim ...
Wizz Air to resume flights from UAE to Russia in October
European budget airline Wizz Air (WIZZ.L) will resume flights from Abu Dhabi to Moscow from October, it said on Thursday, more than five months after the carrier suspended all ...