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April 12, 2014

Following Al-Sisi’s visit, UAE’s stocks plummet, Arabtec falls by 5%

Coinciding with the latest visit by the Egyptian military coup leader and Minister of Defence Abdel-Fattah Al-Sisi, UAE stocks fell sharply on Wednesday, hitting the lowest level since the...

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April 12, 2014

Gulf support for Al-Sisi’s Egypt said to be equivalent of the Marshall Plan

A senior source at the Egyptian interim government said that Gulf countries are planning to channel huge investments into the development projects that would be included in the electoral...

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April 12, 2014

US condemns Islamic Jihad attacks against Israel, ignoring the 29 Israeli strikes in Gaza

The US denounced on Wednesday the rocket attacks against Israel launched by the Palestinian Islamic Jihad movement and called for an immediate halt to what it described as “terrorist...

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April 12, 2014

Abbas accuses Dahlan of assassinating key Palestinian figures

Palestinian President Mahmoud Abbas waged an unprecedented attack on Wednesday against ousted Fatah member Mohammed Dahlan, accusing him of assassinating several key Palestinian figures, including the late President Yasser...

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April 12, 2014

Quarter of Egyptians live in poverty while 8 are worth $22.3 billion

Poverty rates have increased in Egypt in the years since the ousting of former President Hosni Mubarak, Egyptian official data showed. Some 26.3 per cent of Egyptians were classed...

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April 12, 2014

Egypt exploits El-Nahda Dam issue to calm its own crises

An Ethiopian official has accused the Egyptian government of trying to make use of his country’s El-Nahda Dam project on the Nile for “calming its internal crises”. Dmqa Mekonnen...

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April 12, 2014

UN Peace envoy urges investigation into the killing of Palestinians

The United Nations Deputy Special Coordinator for the Middle East Peace Process James W. Rawley expressed concern about the processes that led to the killing of three Palestinians in...

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April 12, 2014

Iran’s Rouhani visits Oman to discuss bilateral ties

Iran’s President Hassan Rouhani began a two-day visit to the Sultanate of Oman, the closest gulf state to Tehran among the GCC countries, to discuss bilateral ties between the...

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April 12, 2014

Egypt’s Moussa believes the Muslim Brotherhood has political future

Egypt’s former presidential candidate Amr Moussa said yesterday that Egypt’s political leaders should leave the door open for the banned Muslim Brotherhood to return to political life if they...

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April 12, 2014

Al-Sisi visits UAE to discuss future of political and security situation

Field Marshal Abdel Fattah Al-Sisi, the leader of the military coup and Egypt’s Defence Minister, arrived in the UAE yesterday to start an official visit of the country. Al-Sisi...

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