Two Egyptians, Two UAE Military Officers Die In Plane Crash
Published 2014-12-18 07:59:22| Amwal Al Ghad English
A four-member crew of military officers, two Egyptian and two Emirati, were killed Wednesday when their aircraft crashed during a joint drill, Egypt's army and a UAE report said. The crash occurred in Egypt, the UAE's official news agency WAM said. The downing was caused by a technical malfunction, the Egyptian military said in a statement, without elaborating. Authorities of both states were investigating the accident. In August, reports surfaced that the governments of the two close Arab allies allegedly carried out air strikes against Islamist militias in the Libyan capital, Tripoli, with Egypt repeatedly denying any involvement in Libya's affairs.
- Two Egyptians, Two UAE Military Officers Die In Plane Crash
- As Easy Targets Thin, Syria Air Strikes By U.S. Allies Plunge
- China Home Prices Fall For Third Month, Threaten Economic Growth
- EU Supports Egypt With LE80 M In Tourism Investments
- Negotiations To Resume With Russia Fo Natural Gas Via Gazprom: Deputy Russian PM
- Ethiopia’s Projects Won’t Harm Anyone: Egypt’s Pope Tawadros II
- Assiut Bird Flu Fatality Raises 2014 Death Toll To 9
- Egypt’s Foreign Ministry Is Working Towards Release Of Detained Pilots In Sweden
- US Worried Over Egypt's Human Rights Record, Welcomes Easier Aid Conditions
- Sisi Inaugurates New Terminal Complex in Hurghada International Airport
China's home prices fell in November for a third consecutive month versus year-ago levels, Reuters calculations from official data showed on Thursday, pointing to an intractable property downturn despite government efforts to energize the market. Average home prices in 70 major Chinese cities were down an annual 3.7 percent last month from 2.6 percent down in October, the biggest drop since Reuters started calculating nationwide housing prices. The National Bureau of Statistics data showed new home prices fell year-on-year in 68 of the 70 major cities it monitors, up from 67 in October.Yu Liang, president of leading residential developer China Vanke Co 000002.SZ (2202.HK) said at the weekend China was facing an inventory overhang that would take 13 months to clear. The price fall came in spite of the government relaxing its lending rules in October and cutting interest rates in late November, intensifying fears that the slack property market, which accounts for about 15 percent of China's economy, could hold back economic growth.
As U.S. fighter jets pound Islamic State targets in Syria, Washington's coalition allies appear increasingly absent from the air war. Although President Barack Obama's administration announced the Syrian air strikes three months ago as a joint campaign by Washington and its Arab allies, nearly 97 percent of the strikes in December have been carried out by the United States alone, according to U.S. military data provided to Reuters. The data shows that U.S. allies have carried out just two air strikes in Syria in the first half of December, compared with 62 by the United States. That accentuates a shift that began shortly after the start of the campaign in late September, when U.S. allies carried out 38 percent of the strikes. The percentage quickly dropped to around 8 percent in October and 9 percent in November, according to Reuters calculations based on the data. U.S. officials are keen to prevent the coalition from fraying over concerns about the air campaign's direction. Some allies have long worried the air strikes might unintentionally bolster Syrian President Bashar al-Assad by striking a common enemy, sources said. Others in the region are also saying privately that the U.S.-led campaign against Sunni extremists needs to do more to help Sunni Muslims.
The Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.
Most Popular »
- NTG Discusses Egypt’s E-waste Risks Today in EGAS Seminar
- Russia Keen to Invest in Egypt's Energy, Tourism Sectors - Deputy PM
- Arab Contractors to Take Part in Ethiopian Road Project
- Egypt signs First Gas Fracking Contract with Apache, Shell
- Microsoft Eyes Infrastructure Upgrade to Egypt Education System