Moustafa Ayad

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Bodies of Turkish pilots found

Nearly two weeks after their reconnaissance jet was shot down by Syrian military, the bodies of the two Turkish pilots have been found at the bottom of the Mediterranean Sea. The bodies of Captain Gökhan Ertan and Lieutenant Hasan Hüseyin Aksoy were recovered by rescue teams after their F-4 Phantom jet was shot down on …

Moustafa Ayad

Egyptian stock exchange

Inflation slows in Egypt while deficit widens.

Egypt’s inflation slowed in April, despite overall food prices remaining high and the country’s deficit widening to $11.2 billion, as Egypt’s transition seemed to be prolonging its economic woes, the Automotive Marketing Council noted in a report released yesterday.

Moustafa Ayad

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