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Egypt's SODIC posts 2013 net loss of $64 million

Egyptian property developer SODIC swung to a net loss of 447.1 million Egyptian pounds ($64 million) last year, due to one-off items including a write-down on its investments in Syria, managing director Ahmed Badrawi told Reuters on Tuesday. The company had made a net profit of 257...

Syria's chemical weapons wild card: chlorine gas

Chlorine gas attacks in Syria this month, if proven, expose a major loophole in an international deal to remove chemical weapons from the war-torn country and suggest chemical warfare could persist after the removal operation has finished. President Bashar al-Assad agreed...

Arab League criticizes Syrian election plan

Holding an election in Syria while civil war rages will only obstruct international efforts to resolve the conflict, the head of the Arab League said on Tuesday. President Bashar al-Assad's government announced on Monday that a presidential election would take place on June...

Syrian rebels make last stand for Homs

  The Associated Press, Beirut| Weakened Syrian rebels are making their last desperate stand in Homs, as forces loyal to President Bashar Assad launch their harshest assault yet to expel them from the central city, once known as the capital of the revolution. Some...