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Palestinian factions meeting in Egypt

Egypt will hold talks with leaders of two major Palestinian factions to try to salvage faltering unity efforts and to restore calm with Israel, officials said on Sunday. The head of the Islamist militant group Hamas, which runs the Gaza Strip, led a delegation to meet with Egyptian security officials …

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IMF to okay second loan to Egypt

International Monetary Fund Managing Director Christine Lagarde said on Friday that she will recommend that the Fund’s executive board approve a fourth review of Egypt’s $12 billion loan program, a move expected to unlock a $2 billion disbursement. Lagarde said in a statement that the board will meet in coming …

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Algeria places Syria immigration ban

Algeria has barred all Syrians from entering the country via its southern border with Mali and Niger to keep out members of defeated rebel groups from Syria deemed to pose a security risk, a senior official said on Wednesday. Hassen Kacimi, the official in charge of migrants policy at the …

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Ex-Egyptian President Hosni Mubarak in court

Two protagonists of Egypt’s recent history faced each other in court on Wednesday, with toppled strongman Hosni Mubarak testifying for the first time against the Muslim Brotherhood’s jailed former president, Mohammed Mursi. Mubarak, 90, gave evidence for an hour and a half at the high-security prison complex in southern Cairo …

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Libya-Turkey row over suspicious arms shipment

Libya and Turkey agreed on Saturday to open an urgent joint investigation into a consignment of arms which arrived from Turkey and was seized at a port near Tripoli this week, the UN-backed Libyan government said. The government released the statement following talks in Tripoli between Libyan Prime Minister Fayez …

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Attempts to annul presidential term limits

An Egyptian court has scheduled a hearing later this month on a petition demanding constitutional changes that would allow President Abdel Fattah al-Sisi to seek re-election beyond his second term, state news agency MENA reported on Friday. Speculation has been rife that Egyptian authorities will seek changes to the constitution, …

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Uber launches bus service in Egypt

Uber Technologies Inc has launched a bus-booking service in Cairo, the company’s chief executive said on his first visit to Egypt on Tuesday, as the company aims to tap a sprawling low-income market. The company also announced a new Uber Lite app that, from early next year, will allow users …

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Egypt opens offshore sector to US oil firms

Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding rounds due before year-end, Petroleum Minister Tarek El Molla said. Egypt has emerged as an attractive destination for foreign energy firms following a string of …

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Nationwide strike in Tunis in protest over IMF cuts

About 650,000 public sector workers went on strike and thousands protested across Tunisia on Thursday over the government’s refusal to raise wages amid threats from international lenders to stop financing Tunisia’s tattered economy. Schools, universities, municipalities and ministries were shut and hospitals were on emergency staffing only in the nationwide walkout …

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