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  • July 16- Turkish Airlines resumed flights from Istanbul's international airport on Saturday following a failed coup attempt while some foreign carriers canceled weekend flights. A spokesman for Turkish Airlines said flights had now returned to their normal schedule from Europe's third largest hub, though delays were to be expected.

  • July 16- Turkish Airlines resumed flights from Istanbul's international airport on Saturday following a failed coup attempt while some foreign carriers cancelled weekend flights. A spokesman for Turkish Airlines said flights had now returned to their normal schedule from Europe's third largest hub, though delays were to be expected.

  • LONDON/ ABU DHABI, July 14- Many areas of Yemen are close to famine partly because importers are unable to buy new food stocks from abroad as over $200 million is stuck in banks due to the civil war disruption, trade and aid sources involved say. Western banks had already cut credit lines for traders shipping food to Yemen, fearing they would not be repaid due to the...

  • Sam Altman, President of Y Combinator, arrives at the Hotel Taschenbergpalais Kempinski Dresden for the 2016 Bilderberg Group conference on June 9, 2016 in Dresden, Germany.

    Sam Altman has pivoted his nonprofit, YC Research, toward civic engagement and curing societal ills. BuzzFeed News reports.

  • ABU DHABI/ CAIRO, June 23- An Egyptian decree to allow a small amount of ergot in wheat shipments, aimed at resolving a long-running dispute over the country's import requirements, has been held up by a legal snag. This higher level is endorsed by the ministry of supplies and state grain buyer, the General Authority for Supply Commodities. Egypt's Agriculture...

  • ABU DHABI/ CAIRO, June 23- An Egyptian prime ministerial decree, much anticipated by global wheat markets on hopes it would resolve a long-running dispute over import specifications, has been held up by a legal snag. Egypt's Agriculture Ministry told Reuters the decree was delayed because of a months-old judicial order from a prosecutor that bans all ergot from...

  • *Egypt introducing high-speed mobile service. CAIRO, June 23- Egypt said on Thursday it will offer fourth-generation mobile licenses in an international auction if they are not taken up by carriers already operating in the country. Egypt's government will finalize technical negotiations with telecoms groups over the licenses next week and start financial...

  • *Egypt introducing high-speed mobile service. CAIRO, June 23- Egypt said on Thursday it will offer fourth-generation mobile licences in an international auction if they are not taken up by carriers already operating in the country. Egypt's government will finalise technical negotiations with telecoms groups over the licences next week and start financial...

  • WASHINGTON, June 22- President Barack Obama will head to Silicon Valley on Friday to a summit aimed at connecting about 1,200 entrepreneurs from 170 countries with the biggest and brightest players in the U.S. tech sector and venture capital community. When he took office, Obama worked to extract U.S. troops from long and costly conflicts in Iraq and Afghanistan.

  • CAIRO/ ABU DHABI, June 22- Egypt has launched a government-led recount of its wheat silos after an unusually high procurement figure spurred widespread fraud allegations from top industry officials, traders and parliamentarians. Egypt said last week that in the latest procurement season it bought nearly 5 million tonnes of local wheat from its farmers, the...

  • Prices have soared since Egypt devalued its currency by 13 percent in mid-March to end speculation against the pound and ease a dollar shortage that has disrupted trade in a country that relies on imports of everything from food to fuel. But the black market for dollars has since rebounded, putting Egypt back at square one: under pressure to devalue and spark a...

  • *Ergot dispute hampered Egypt's wheat purchase tenders. CAIRO/ ABU DHABI, June 21- Egypt's prime minister said on Tuesday that authorities would allow wheat shipments with up to 0.05 percent levels of ergot fungus, potentially ending a months-long conflict over import requirements that has hamstrung the country's ability to buy from abroad.

  • CAIRO, June 19- Investigators have begun analysing the two severely damaged black boxes from EgyptAir flight MS804 as they seek to explain why the plane plunged into the sea, killing all 66 people on board. It would require "lots of time and effort" to fix the two badly damaged black box recorders, sources on Egypt's Aircraft Accident Investigation Committee told...

  • The Airbus A320 crashed into the Mediterranean early on May 19 on its way from Paris to Cairo. Egypt's investigation committee said in a statement that a specialist vessel owned by Mauritius- based Deep Ocean Search was forced to salvage the device in stages because it was extensively damaged, but was able to retrieve the memory unit. Egypt's public prosecutor...

  • CHICAGO, June 16- Egypt, the world's top wheat importer, faces $860 million in extra costs and lost export opportunities this year because of "unorthodox agricultural measures," including a zero-tolerance policy on ergot fungus in wheat, the U.S. Department of Agriculture said on Thursday in a report. The report, from a USDA attache in Cairo, criticized the...

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    Crude oil prices of $50-55 per barrel would be a “sweet point” for Egypt, the country’s minister of trade and industry told CNBC.

  • Speakers: International Monetary Fund Christine Lagarde, Bank of Finland Governor Erkki Liikanen, Sveriges Riksbank Governor Stefan Ingves, Bank of Finland Governor Erkki Liikanen and Norges Bank Governor Oystein Olsen. ST.PETERBURG, Russia- 20th St. Petersburg International Economic Forum. Russian President Vladimir Putin, European Commission...

  • CAIRO, June 14- Economists are roughly evenly split on whether Egypt's central bank will raise interest rates at its monetary policy committee meeting on June 16, after a jump in inflation in May. "Whilst a rise in interest rates might, in other scenarios, prove an efficient policy response, at the moment, given the increasingly heavy burden on the budget from rising...

  • SINGAPORE- Monetary Authority of Singapore to release its quarterly survey of professional forecasters- 0400 GMT. WARSAW- German Finance Minister Wolfgang Schauble visits Poland JAKARTA- Indonesia central bank holds board of governors meeting. WINDHOEK- Central bank of Namibia holds monetary policy meeting- 0900 GMT.

  • CAIRO, June 14- Economists are roughly evenly split on whether Egypt's central bank will raise interest rates at its monetary policy committee meeting on June 16, after a jump in inflation in May. "Whilst a rise in interest rates might, in other scenarios, prove an efficient policy response, at the moment, given the increasingly heavy burden on the budget from rising...