Latest in Tag: Deal Highlight

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Latest in Tag: Deal

Egypt gains marginally after $40bn housing deal; Gulf mixed

Reuters – Egypt’s shares rose slightly on Monday after a deal between the country’s army and a Dubai builder for an affordable housing project worth EGP 280bn ($40.2bn). Cairo’s benchmark index advanced 0.5%, recovering early-session losses and boosting 2014 gains to 17.6%. Under a deal with Cairo’s army-backed government, Dubai’s Arabtec will build one million …

Daily News Egypt

Masters of war

By Dr Cesar Chelala In a move consistent with his past positions on international issues, Senator Robert Menendez, the Democratic Chairman of the US Senate Foreign Relations Committee, accused the White House of using “over the top” rhetoric and “fear mongering tactics” to try to stop new sanctions on Iran. These new sanctions were to …

Daily News Egypt

Iranian breakthrough and Obama foreign policy success

By Andrew Hammond A historic interim deal was reached on Sunday 24 November in Geneva which will see Iran’s nuclear programme curbed, at least temporarily, in exchange for limited, phased international sanctions relief.  This sets the stage for the possibility of a comprehensive agreement in 2014. Pre-empting criticism from some countries including Israel and Saudi …

Daily News Egypt

Iran says nuclear deal possible this week in Geneva talks

Reuters – An agreement that would open the door to ending a decade-long nuclear standoff between Iran and six world powers is possible this week if negotiators exert maximum effort, Iran’s foreign minister said on Thursday. “If everyone tries their best, we may have one,” Mohammad Javad Zarif told reporters after a breakfast meeting with European …

Daily News Egypt

Egypt close to agreement with IMF

An agreement on the proposed $4.8 billion loan to Egypt could be reached by mid-November, according to director of the International Monetary Fund (IMF), Christian Lagarde. Lagarde spoke to Egyptian reporters on Thursday in a press briefing that was held during the joint meeting of the IMF and the World Bank in Tokyo. “As you …

Mohamed Salah