The chairman of the state-owned National Bank of Egypt (NBE), the country’s largest bank by assets, has resigned from his post and his resignation accepted by the prime minister, the cabinet said in a statement on Saturday. Prime Minister Hisham Kandil accepted the resignation of Tarek Amer on Saturday, the statement said. It did
While Russia, Hizbullah, Syria and Lebanon condemned Israel and threatened retaliation over the attack early Wednesday on a convoy carrying Russian-made SA-17 anti-aircraft missiles, and/or of Israel's alleged attack against a military research center, Syrian rebels said that they were condemning and threatening the wrong guys; it wasn't Israel that bombed the convoy, the rebels
Both Hizbullah and Russia condemned Israel a day after the attack on a convoy carrying Russian-made SA-17 anti-aircraft missiles from Syria to Hizbullah terrorist bases along the border with Lebanon. In a statement, the Lebanese terror group said that the attack was “barbaric,” and “openly reveals [Israel’s] motives toward [unrest] in Syria over the past
Mahmoud Ahmadinejad will visit Cairo next week, becoming the first Iranian president to travel to Egypt since Iran’s 1979 revolution ruptured diplomatic ties between the two most populous countries in the Middle East. Ahmadinejad will head Iran’s delegation to a summit of the Organization of Islamic Cooperation in Cairo, said Amani Mojtaba, head of
At least 48 people were injured after clashes intensified on Friday between protesters and security forces in front of the presidential palace, according to al Arabiya’s correspondent in Cairo. Egyptian security used water cannon and fired shots into the air as protesters threw petrol bombs and stones into the grounds of the presidential palace
Syria accused Israel of staging an air raid on a military research center on Wednesday. The Syrian army accused Israel of launching a dawn strike targeting a military research centre in Jamraya, near Damascus, in a statement carried by state news agency SANA and quoted by AFP. "Israeli fighter jets violated our airspace
An Egyptian court has ruled that seven Coptic Christians who took part in the anti-Muslim YouTube video that was initially blamed for the terror attack in Benghazi, Libya on September 11th be put to death. The ruling seems to be symbolic, as the low budget film's participants are abroad. When it comes to women
In recently revealed comments, President Barack Obama’s nominee for secretary of defense Chuck Hagel made staggering accusations against Israel, alleging that the Jewish state is keeping the “Palestinians caged up like animals.” Hagel was quoted as making the comments on January 12, 2003 by The Lincoln Journal Star, The Washington Free Beacon revealed on
Egypt's President Mohamed Mursi said on Wednesday spiteful remarks he made against Jews and Zionists in 2010 had been taken out of context. "As I have said before the quotes were taken out of context... I am not against the Jewish faith, I am not against Jews who practice their religion," Mursi told a
President Mohamed Mursi is to leave Egypt’s political crisis behind on Wednesday with a short trip to Germany to seek urgently needed foreign investment and convince Europe of his democratic credentials. But with the Egyptian army chief warning on Tuesday that the state was on the brink of collapse after days of lethal street
