Arutz Sheva 'Egypt is Preparing for War with Israel' Noha Hashad (51), an Egyptian nuclear scientist who fled the Nile state in 2011 after her support of Israel made her a target for torture over many long years, has exposed troubling insights regarding Egypt's military buildup in the Sinai Peninsula, as it fights terrorist organizations there. Speaking to Israel Hayom's Emily Amrousi from her new home in Haifa, Hashad was asked to give her take about Egypt's actions in Sinai, where the Egyptian army has been fighting radical groups such as Ansar Bayt al-Maqdis, a group that recently swore allegiance to Islamic State (ISIS). The nuclear scientist warned "Egypt is preparing for war with Israel. It armed and trained Hamas in Gaza. Whoever knows Arabic can hear the heads of Egyptian military intelligence talk about wide canals that open up between Israel and Egypt that will be used at the appropriate time." Read more: http://www.israelnationalnews.com/News/News.aspx/193710#.VSOFAMrdf1U All Africa Egypt's Central Bank Announces Sale of U.S $281 Million On Interbank Market Egypt's central bank announced the sale of $281 million on the interbank market "to clear all outstanding strategic staple commodities," in a statement on Sunday. Egyptian imports of wheat in the first half of the ongoing fiscal year 2014/15, were worth $1.15 billion, crude oil imports were worth $1.46 billion and imports of pharmaceuticals were worth $1.3 billion, according to data provided by the central bank. Read more: http://allafrica.com/stories/201504061013.html Business Recorder Egyptian pound steady on official, black markets Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Monday, and the currency remained steady on the black market. The central bank has kept the official exchange rate steady for more than two months after letting the pound weaken at the start of the year in an attempt to wipe out black-market trading. The bank said it offered $40 million at auction on Monday and sold $38.4 million at a cut-off price of 7.5301 pounds per dollar, unchanged from its last auction on Thursday. Read more: http://www.brecorder.com/money-a-banking/198/1169738/
