Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

IS claims deadly attack in Egypt Suez Canal city

Ismailia is one of the key cities overlooking Egypt's Suez Canal, a vital waterway between Asia and Europe that sees about 10 percent of the world's maritime trade. (AFP)
  • Three Egyptian policemen were killed in the attack, the first of its kind in nearly three years in mainland Egypt
  • In the past few years, attacks against Egyptian security forces have been concentrated in the Sinai, where fighters affiliated with IS operate

Cairo, Egypt– The Islamic State group said Saturday that it carried out a deadly attack on an Egyptian police checkpoint in the Suez Canal city of Ismailia the previous day.

“A cell of soldiers of the caliphate managed to attack an Egyptian police roadblock… with a machine gun,” the jihadist group’s Amaq news agency said.

Three Egyptian policemen were killed in the attack, the first of its kind in nearly three years in mainland Egypt, which has largely been spared the deadly insurgency in the nearby Sinai peninsula.

In the past few years, attacks against Egyptian security forces have been concentrated in the Sinai, where fighters affiliated with IS operate.

Eleven soldiers were killed on May 7 in an attack in western Sinai.

Days later, another five soldiers and seven IS fighters died when the army was attacked in the peninsula.

Ismailia is one of the key cities overlooking Egypt’s Suez Canal, a vital waterway between Asia and Europe that sees about 10 percent of the world’s maritime trade.