World Bulletin / News Desk
Egypt's finance and foreign affairs ministers said on Wednesday they were keeping their posts in a new government being formed by Prime Minister Hisham Kandil, who was appointed by President Mohamed Mursi last week.
Foreign Minister Mohamed Kamel Amr and Finance Minister Mumtaz al-Saeed confirmed they would stay on after emerging from a meeting with Kandil, who is due to formally unveil his cabinet on Thursday.
Osama Saleh, the head of the General Authority for Investment, said he had been appointed investment minister. Osama Kamal, head of the Egyptian Petrochemical Holding Co, said he had been appointed oil minister.
A little-known technocrat, Kandil was irrigation minister in the outgoing cabinet led by Prime Minister Kamal al-Ganzouri - who was appointed by the military council and a premier under ousted leader Hosni Mubarak. Kandil has said he would put qualifications before political allegiances when choosing his cabinet members.
Faced by an economy hit by 18 months of political instability, the new government will need to move fast to address acute economic problems including a looming balance of payments crisis and unaffordable state borrowing costs.
Orhaneli and Tuncbilek thermal power plants located in western central provinces of Kutahya and Bursa have been privatised for $521 million
The relationship should be at the level of official political, diplomatic and economic channels between the two countries.
President Abdelaziz Bouteflika has given orders not to deport Malian refugees who entered Algeria illegally due to deteriorating security conditions in Mali,
Russian consumers also suffer as Apple halts sales and foreign car deliveries halted.
European Union says court's decision is legal ruling, not a political decision, which will be made by EU governments.
All New Year's Eve festivities, including church services and New Year's Day outings, have been prohibited
Iran and the P5+1 group hold talks in Geneva after both sides failed to meet Nov. 24 deadline in Vienna
Doctor using same hypodermic needle repeatedly believed responsible for 90 cases in village
Resolution approved by vote of 498 to 88 calls for recognition of Palestinian state to take place as a result of peace talks with Israel.
The Turkish International Cooperation and Development Agency has distributed food, clothing, and stationary to the people of Myanmar in Arakan state.
Cuba has released American aid worker Alan Gross after five years in prison in a reported prisoner exchange with Havana that the United States said heralds an overhaul of U.S. policy toward Cuba.
Omar Abdirashid Ali Sharmarke nominated to become the next prime minister.
Pakistan-Afghanistan relations have been tense for years, each accusing the other of backing anti-government militants.
The interim deal agreed this month restored the KRG's budget allocation in return for handing some Kurdish oil over to Baghdad.
Htin Lin Oo's lawyer said the 10-minute video segment of a two-hour speech that circulated online was purposefully misinterpreted by extremists.
Employees who escaped said that when the attack happened, the bank was busy with government workers who had come to collect their salaries.