Egypt cut its main interest rates by a full percentage point as the lowest inflation in almost a decade allowed the central bank’s third consecutive reduction to spur investment without dimming the allure of the world’s best carry trade.
Qatar’s tourism chief says the country will not be issuing visas to its “enemies,” in reference to people from Egypt, which has stopped issuing travel documents to Qatari nationals and has, along with three other Arab governments, severed ties with Doha.
A team of archeologists and other specialists in Egypt plan to open a sarcophagus containing a 3,000-year-old mummy on Sunday as part of a live Discovery Channel special called "Expedition Unknown: Egypt Live".
Egyptian security forces have “eliminated” at least seven suspected members of a terror outfit affiliated to the Daesh Takfiri terrorist group in the restive North Sinai region during a counterterrorism operation, which also left 15 government forces either killed or wounded.
Egyptian security forces have killed 14 suspected Takfiri terrorists in an exchange of fire in the country’s restive Sinai Peninsula amid an ongoing military campaign against the Daesh terrorist group.
An Egyptian antiquities official said that archeologists had discovered seven Pharaonic Age tombs near the capital city of Cairo, holding dozens of cat mummies and an array of wooden carvings depicting various other animals.