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Experts Divided on What Trump Policies Mean for the Economy

Despite rising stock prices, some experts remain concerned that economic proposals from the campaign of President Donald Trump will hurt the economy. Last year, some economists predicted large decreases in financial markets, reduced hiring and an increased risk of a recession. However, stock market measures have reached record high levels in the month since Trump took office as the 45th ...

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Iran Reaches Lease Financing Deal For 77 Boeing, Airbus Planes

Tehran has reached a deal with an international aircraft leasing company to finance the acquisition of 77 planes from Boeing and Airbus, according to local media reports. Details of the deal remain opaque at this stage and it is not clear who it has been signed with or when it will come into force. However, it is likely to be ...

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Egypt has applauded Trump’s claim that the media ‘deliberately doesn’t report’ terror attacks

The Egyptian authorities have publicly welcomed US President Donald Trump’s allegations this week that Western media deliberately don’t report on terrorist attacks. On Monday, Mr Trump accused the media of not reporting on jihadism-inspired terror attacks, a claim for which he gave no evidence. “You have seen what happened in Paris and Nice. All over Europe it’s happening. It’s gotten ...

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Benjamin Netanyahu to press Theresa May for tougher line on Iran

The Israeli prime minister, Benjamin Netanyahu, will push his UK counterpart, Theresa May, to back his call for a tougher international stance on Iran when the pair meet in Downing Street. Netanyahu told his cabinet on Sunday he would raise the issue of Iran as a diplomatic priority, as it has become clear that he sees the arrival of the ...

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Egypt’s top Islamic authority clashes with president over ‘I divorce you’ law

CAIRO — Egypt’s top Islamic authority on Sunday rejected President Abdel-Fattah el-Sissi’s suggestion that legislation be adopted to invalidate the practice of Muslim men verbally divorcing their wives. It marked a rare instance of a public institution contradicting the president, who has presided over a wide-scale crackdown on dissent in recent years. The Council of Senior Clerics in Al-Azhar — ...

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Gunmen kill eight Egyptian police in attack on al-Naqab checkpoint, interior ministry says

Gunmen killed eight police late Monday in an attack on a checkpoint in el-Wadi el-Gedid province in south-west Egypt, the interior ministry said. Two of the attackers were killed when security forces fought back, and three other security personnel were injured. The attack took place on al-Naqab checkpoint, about 80 kilometres (50 miles) from el-Kharga city, the capital of the ...

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ISIS burns alive mother, 4 children in Iraq

BEIRUT, LEBANON (11:15 P.M.) – The so-called “Islamic State” (ISIS) reportedly carried out the execution of a woman and her four children in Iraq’s Kirkuk this week, a security source Al-Manar today. According to Al-Manar, the Islamic State terrorist set fire on the mother and her four children for the “crime” of attempting to the leave the “caliphate.” Media reports ...

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Foreigners can repatriate profits soon, says Egypt Central Bank governor

Central Bank of Egypt Governor Tarek Amer said on Friday that foreign investors would be able to repatriate profits and capital “in the coming period” now that the country’s foreign reserves had recovered, state news agency MENA reported. Speaking at a conference held by investment bank EFG Hermes, Amer said the banking sector had secured inflows of between $7.5 billion ...

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Nine Terrorists Killed as Army Foils Attack in Egypt

Cairo:At least nine terrorists were killed and 16 others injured as Egypt’s army foiled an attack on number of security checkpoints in North Sinai, military officials said. The attack, which took place yesterday, targeted different army checkpoints at the same time. The attackers used cars carrying explosives, motorcycles and electronic weapons, military spokesperson colonel Tamer el-Refa’e said in a statement. ...

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Egypt to focus on African exports market: head of ECS

The Egyptian Commercial Service Office (ECS) has designed an ambitious plan to enhance Egypt’s presence in Africa, which Egypt has hedged its bets on for the coming period. Ahmed Antar, head of the ECS, said that they are currently studying the possibility of taking part in international exhibitions in the African continent, as well as beginning negotiations on the establishment ...

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