egyptian stock saw a rally this week. is there a new driver behind this or is it a continuation of the positive momentum we've been seeing since last year? pacheka omberg news' with more. >> this is a good combination of everything happening in egypt right now with some fresh and very recent numbers that we've got to know that show exactly what's going on there. we've seen this week that returns from egyptians working abroad are surging, just for sex, we recognized $250 million entering the country for investments in the egyptian assets. and a good part of that is going to the equities market. the central bank released numbers that for the last quarter of 2016 we had $4.6 ll n entering the egyptian onomy and most of that happed after the devaluation the currency, after the floating of the currency was allowed. we can see eyippings -- egyptians are putting their money back in egypt. that's driving a surge in the market. >> let's talk about valuations. do investors find stock in egypt trading cheap? >> that's a very good po

of egyptian stocks. what are you saying in terms of trends on the back of that circled area, which was a devaluation in november? egyptt we are seeing in is a huge increase in net foreign inflows. the currency has overshot. on the economic side, the reforms the egyptian government is doing. the rally in egypt is about 20% since the float and that is positive. we are buyers of financials in that market. real incomes have been hit really hard. if you look at the banks, you have about 30%. for the industrials, they are coming back from a very low base. there is more scope for the egyptian story. tracy: when it comes to egypt, we are expecting an update from ftse and that update could come when investors are still concerned about the ability to get money out of the country. >> last thursday night, they said they are removing the restrictions they have imposed on egypt because the reports from clients have been they have been able to repatriate money easily now. feedback- that is the we have been getting from

among thethey are best performers in the egyptian stock markets. as -- names such leave itl have to there. that is all we have for this edition of bloomberg markets: middle east. ♪ >> the president said it was in his executive powers. the department of justice is -- ing to turn over before has strengthened shinzo abe. concern is growing trump and abe may clash over whether a weekend contributing to a deficit. >> s

we will talk about the egyptian central bank. they hold rates into -- in spite of surging inflation. the finance minister said it will be in progress. we will get you the full story. ♪ ♪ are watching bloomberg. i am yousef gamal el-din in dubai. in hong am shery ahn kong. president trump has tapped a number of goldman sachs employees to join his administration from his chief strategist steve bannon to his treasury secretary. but talking with caroline hyde, goldman's president david solomon says for executives are more likely to sean the firm then show favoritism. -- shun the firm than show favoritism. >> we operate in the environment -- haveto give operate to operate in. we try to advantage any scenario. when there was massive regulatory change after the financial crisis, a lot of it came with the purpose of giving assistance, and that is positive. because it happened quickly, there are a number of rules and things that have happened that have an impact on the functioning of the banking system and the market and economy. in h

so 1973sadad send egyptian army across the canal. it was a chattering blow to mentality of israel because they felt invulnerable after 1967. and then in 1977sadaad was making a speech in a parliament in egypt and he put down his papers and he said, i would go anywhere. i would go to the ends of the earth, i would go to israel and speak if it would safe one more egyptian life and nobody believed it. they applauded. he wasn't even mentioned in the nearps -- newspapers the next day. now, you'd have to understand thinking of both sides at this historic moment, here israel's greatest enemy coming to talk to them really uninvited. he invited himself but they had to invite him but the israeli symphony was there out there and they didn't know how to play the egyptian national anthem. they listened to radio cairo to try to get a sense of how it goes and then there was a question of is sadaad really in the plains, could it be full of terrorists or explosives, we are going to have all the leaders of israel here waiting for them, there was snipe

an egyptian, he'd come to the city eight days ago. he was stopped as he tried to enter the shops beneath the louvre. he shouted, "allahu akbar", god is great in arabic. and then swung at a soldier with one of the two machetes he was carrying. the soldier fired from the ground, all around confusion and fear. translation: it happened very fast, really it all went quickly. everyone was panicking and we thought of our lives, we saw death coming for us, with everything's that's been happening at the moment. we were very, very scared. injured in the attack, the soldier who'd been struck and then brought down the attacker. the french president in malta at the eu summit said it was a terrorist attack. the situation, he said, was under control. translation: the threat is there. it remains, and we have to face it. that's the reason we mobilise these resources and will continue to do so as long as it is needed. for the authorities, this was proof that the high—profile security presence in the capital and across france really does work. it was

so, 1973, sadat sends his egyptian army across the canal. a shattering blow to the mentality of israel because they felt invulnerable after 1967. and then in 1977, sadat was making a speech in the parliament in egypt and he put down his papers and he said, i would go anywhere, i would go to the ends of the earth. i would go to israel and speak to their can -- government if it would safe one more egyptian life. it wasn't meaninged in newspaper. ten days later sadat's plane is circling over tel aviv. now, you have to understand the thinking of both sides at this historic moment. here is israel's greatest enemy, coming to talk to them. he had invited himself. the israeli symphony was out there the airport and didn't now how to reply the egyptian national anthem. they listened to video cairo to get a sense how it goes and then there was a question of, is sadat real in the plane? could it be full of terrorists, full of explosive? we'll have all the leader's israel here waiting for hill there were snipers all over the rooftops just in case. and th

which is the net purchases of egyptian stocks. blue, dubai, and the red, the downside pressures on egyptian stocks. what are you seeing in those trends off the back of that circled area there, which was the devaluation in november? egypt is increasing foreign inflows into the market. the currency has overshot. we think that there is hope for that currency to slightly appreciate. on the economic side, obviously the reform is very positive, but usually reforms take time to materialize. what the stock market is telling us, the rally you have seen in egypt is around 20% in plus and dollar terms. that's positive. we are buyers of financials. consumers, i think, will take more time to materialize. theou look at the banks, r.o.e. is about 30%. for the industrials, they are coming back from a very low rate . we think there is more scope for the egyptian story. over the years to come, they should be able to continue. tracy: when it comes to egypt, we are also expecting an update from ftse. is that right? investors are still worried about t

is the egyptian pound being floated when it comes to the clearing rate? ahmed: when it comes to the clearing rate, yes. you have thanks trying to direct -- have banks trying to direct supplies a bit. that is why the queue in the stock market has not been cleared, because it is not a priority. it is not interfering in the rates, but more prioritizing the sectors. that will be a temporary situation. going forward, it will be completely free, as liquidity comes into the banking sector. yousef: i was looking through your research notes. how does the victory of donald trump help the egyptian story in terms of investment opportunity? a stronger dollar wouldn't necessarily help the case in egypt. ahmed: a stronger dollar for egypt will not make a big difference. it is more from our political economists looking at it. it will be easier for egypt to business with the u.s. and the rest of the world. yousef: give us context in terms context in terms of how egypt compares to the other golf trades. -- other gulf trades. there is a lot of enthusiasm and excitement abou

an egyptian, he had come to the city eight days ago. he was stopped as he tried to enter the shops beneath the louvre. he shouted, "allahu akbar", god is great, in arabic. and then swung at a soldier with one of the two machetes he was carrying. the soldier fired from the ground, all around confusion and fear. translation: it happened very fast, really it all went quickly. everyone was panicking and we thought of our lives, we saw death coming for us, with everything's that's been happening at the moment. we were very, very scared. injured in the attack the soldier who had been struck and then brought down the attacker. the french president in malta at the eu summit said it was a terrorist attack. the situation, he said, was under control. translation: the threat is there. it remains, and we have to face it. that's the reason we mobilise these resources and will continue to do so as long as it is needed. for the authorities, this was proof that the high—profile security presence in the capital and across france really does work. it wa

authorities and the egyptian interior ministry, and that he is either 2829 years old. he came ona he is either 2829 years old. he came on a tourist visa from dubai. as to motive, there is none officially yet, although twitter messages suggest a certain degree of high against the west, the like of which we have seen before, and support for so—called islamic state as well. the investigation focuses obviously on his motive, but also whether or not he has associates within the country, the concern being notjust that there might have been people who might have helped or directed toward this attack, but that it it might be the first of a series of attacks planned. that has been the case in the past, and it is obvious the concern the authorities. they are trying to find out whether others have been working alongside him. and this was an attack that was foiled. the authorities feel somewhat vindicated at having so many armed police on the streets since the previous tax happened ? police on the streets since the previous tax happened? -- previous attacks. yes, i think this is

a mysterious stone box is unearthed in the egyptian desert. it contains what appears to be a biblical text written in an ancient language. no one yet knows what it says. >> it's like a cross between the maltese falcon and an "indiana jones" movie. >> this intriguing document enters the shady world of the antiquities black market and surfaces in geneva. >> that's where the banks are. that's where the rich people are. it's the glitziest black market you've ever seen. >> stephen emmel, a specialist in ancient languages, arrives in switzerland to investigate. >> the egyptian government doesn't give permission to remove artifacts unless they've been part of an archaeological undertaking. so we assume that the manuscripts are legal. the whole feeling of the meeting was a bit clandestine. the egyptian man whom i understood to be the owner of the papyri gave me the impression of being very tense, very wired and keyed up. i had the impression that he might be the kind of person who would carry a gun. >> emmel and his colleagues are being pressured to d

french authorities say a man who tried to attack the louvre yesterday is an egyptian, who came to paris from dubai on a tourist visa eight days ago. also in the next hour putting a cap on energy prices. labour say they'd legislate to limit future price hikes by the energy companies. we would have to, because we can't allow this to keep going on. this is huge. and in half an hour, here on bbc news, the travel show goes to brunei to check the world's largest floating town. the white house has said it will appeal against a temporary nationwide block on president trump's controversial migration order. federaljudge james robart in seattle ruled against claims by government lawyers that us states did not have the standing to challenge the restrictions. did not have the standing the order affects seven countries, named by barack obama's administration as a terror risk including syria, yemen and libya. customs officials told us airlines overnight they can resume boarding banned travellers while the legal challenge continues. protests against the restrictions continue. our correspondent, greg da

french authorities say a man who tried to attack the louvre yesterday is an egyptian, who came to paris from dubai on a tourist visa eight days ago. also in the next hour: planning to transform the north of england. labour say they'd legislate to limit future price hikes by the energy companies. they commit to deliver a crossrail for the north amidst a programme of infrastructure investments. and in dateline london, here on bbc news in half an hour: should donald trump be welcomed in britain? good morning and welcome to bbc news. a federaljudge in the us has temporarily blocked — nationwide — president trump's controversial migration order. judgejames robart in seattle said there'd been no terror attacks in the us by people from the seven countries named in the ban — and the order had to be based on fact, not fiction. those seven countries include syria, yemen and libya. the white house immediately said it would appeal, but customs officials told us airlines overnight they can resume boarding banned travellers while the legal challenge continues. our correspondent greg dawson has

it turned out that he had been supplying the egyptians we had been talking to. in a video he sent us, he shows a crate, specially designed for wildlife smuggling. animals that are allowed to be exported act as a cover for a chimpanzee hidden inside. ibrahima claimed that he could also get us a cites export permit. we were pretending to be an indonesian pet trader called alex. the dealer, ibrahima, said he was based in guinea but would meet us in abidjan. he sent us pictures showing that he had chimpanzees. filmed secretly, he told our undercover colleague how he could provide us with chimps. we told him we needed a cites permit first. he quickly got us one, which was stamped national parks of liberia. ibrahima then told us what baby chimpanzees would cost and he showed us videos to prove that he could deliver. hold on, man. this is my son. ibrahima handed over the cites permit that he had obtained for us. he made this look almost routine. this is where the meeting took place and where this rather flimsy—looking but important document was handed over. it is, in

who attacked soldiers with machetes outside the louvre museum has been identified as a 29—year—old egyptian. he arrived in france injanuary. for a fourth night hundreds of thousands of romanians have gathered in the capital bucharest to protest at goverment plans to free dozens of officials jailed for corruption. now it's time for witness. hello, and welcome to witness, with me, tanya beckett. i'm here at the british library in london for the last time this year to bring you five of our favourite stories from 2016. we start in north—eastern kenya, the side of the world's largest refugee camp. witnesses have been speaking toa man camp. witnesses have been speaking to a man who grew up in dadaab. her family were among the first to arrive back in the 19905 as thousands fled the civil war in somalia. we have been in mogadishu ina big somalia. we have been in mogadishu in a big city with a really good life and then we end up in a refugee camp. in mogadi5hu there were militia groups everywhere. we were scared, dead bodies were scattered everywhere. we were attacked by militia groups, there we r

it turned out that he had been supplying the egyptians we had been talking to. in a video he sent us, he shows a crate, specially designed for wildlife smuggling. animals that are allowed to be exported act as a cover for a chimpanzee hidden inside. ibrahima claimed that he could also get us a cites export permit. we were pretending to be an indonesian pet trader called alex. the dealer, ibrahima, said he was based in guinea but would meet us in abidjan. he sent us pictures showing that he had chimpanzees. filmed secretly, he told our undercover colleague how he could provide us with chimps. we told him we needed a cites permit first. he quickly got us one, which was stamped national parks of liberia. ibrahima then told us what baby chimpanzees would cost and he showed us videos to prove that he could deliver. voice on video: "hold on, man." this is my son. ibrahima handed over the cites permit that he had obtained for us. he made this look almost routine. this is where the meeting took place and where this rather flimsy—looking but important document was hand

it turned out that he had been supplying the egyptians we had been talking to. in a video he sent us, he shows a crate, specially designed for wildlife smuggling. animals that are allowed to be exported act as a cover for a chimpanzee hidden inside. ibrahima claimed that he could also get us a cites export permit. we were pretending to be an indonesian pet trader called alex. the dealer, ibrahima, said he was based in guinea but would meet us in abidjan. he sent us pictures showing that he had chimpanzees. filmed secretly, he told our undercover colleague how he could provide us with chimps. we told him we needed a cites permit first, he quickly got us one which was stamped national parks of liberia. ibrahima then told us what baby chimpanzees would cost and he showed us videos to prove that he could deliver. ibrahima handed over the cites permit that he had obtained for us. he made this look almost routine. this is where the meeting took place and where this rather flimsy—looking but important document was handed over. it is in effect a passport allowing us t

the egyptian dealers had always said that the chimpanzees would be flown out of here. in the end that never happened. then, right here, we had a breakthrough. our research led us to an animal trader. his facebook page reveals a boastful personality. it turned out that he had been supplying the egyptians we have been talking to. this is the box. you see. in a video he sent us, he shows a crate, specially designed for wildlife smuggling. animals that are allowed to be exported act as a cover for a chimpanzee hidden inside. he claimed that he could also get us the export permit. we were pretending to be an indonesian pet trader called alex. the dealer said he was based in guinea but would meet us in abidjan. he sent us pictures showing that he had chimpanzees. filmed secretly, he told our undercover colleague how he could provide us with chimps. we told him that we needed a permit first and he quickly got us one which was stamped national parks of liberia. he then told us what baby chimpanzees would cost and he showed us videos to prove that he could deliver. he handed ov

you see the net inflows in a egyptian equities. also black rock improving. egypt, we areding rewarded for the risk we take in our fund exposure, the egyptian central bank clearing the backlog of investors seeking to repatriate funds. another positive signal to easing liquidity's constraints in these markets. a story wenitely will be following in the months and potentially years to come. one new feature we like to bring to your attention is our interactive tv function. on can find it at tv the bloomberg. you can see interviews or any of the bloomberg functions we talk about on the show. you can become part of the conversation by sending us instant messages. this is for our bloomberg subscribers only. yousef: i was getting really excited because we can watch yourselves back and get all of the features. tracy: it's a little disconcerting, isn't it? yousef: an amazing chart on the right panel. there is the screenshot. plenty to play around with. also plenty coming up on the program, including friends in high places. how has shinzo abe been? we will find out

reports say a 29 year—old egyptian who arrived in france last month was responsible for the attack at the louvre. some information is emerging. the identity of the attacker has not been officially confirmed by the police have elements, like his mobile phone, and they think it is a 29 year—old egyptian who came to france last week on a tourist visa, living in dubai. he came here as a tourist and he bought the weapons last week in paris and he was supposed to fly back to dubai tomorrow. police do not know if the man acted on his own oi’ not know if the man acted on his own or if it was part of the network. commanded by someone in syria or iraq, for instance. police have reason to believe this is a 29—year—old man from egypt. reason to believe this is a 29-year-old man from egypt. the louvre is a huge tourist attraction and authorities are careful about the action but what has been the reaction in paris? paris is suffering from a huge decrease in visitors. it is the world's number one destination for tourists but last week there was a decrease of 10% four tourist. the louvre suff

french investigators are trying to establish whether an egyptian man who tried to attack a soldier with a machete at the louvre museum in paris was acting alone. guards shot and wounded the man during the attack in paris. reports say the 29—year—old arrived in france last month, police have not released his identity. our correspondent,jonny dymond, is in paris. some information coming from the authorities, can you bring us up—to—date? authorities, can you bring us up-to-date? we know that this attacker who is now in serious condition in hospital having been shotin condition in hospital having been shot in the stomach, we know he's an egyptian national and is 29 years old. some names are flying around, but the authorities themselves have not released it. he appears to have come into harry ‘s onjanuary the 26, ona come into harry ‘s onjanuary the 26, on a tourist visa that was issued in dubai, for one month. police raided what they said was his apartment on friday and seized phonecards, various bits of clothing and a passport, but they want to find out urgently whether or not

say they believe the man who tried to attack the louvre museum in paris yesterday is a 29—year—old egyptian man. labour say they'd legislate to limit future price hikes by the energy companies. now on bbc news — the travel show. this week on the travel show, i had to brunei to check out the words largest floating town. hello. ade is in london to find out why so many nightclubs are closing down. bingo. i'm mixing. it kind of looks like a spare part that has fallen off a stormtrooper. and tommy plays around with the latest in travel gadgets. for many, london is a dream destination. it is a city steeped in a rich history and maybe that is why it's the most visited city in europe. but is it still top when it comes to it's nightlife? in the last five years, an estimated a0 club venues have closed their doors in london and that has got promoters worried. some of the most iconic nightspots have simply gone. so, is london even up there any more when it comes to number one clubbing destinations worldwide? i would describe as the most diverse clubbing scene in the world, as opposed to the leading o

the man, believed to be a 29—year—old egyptian, is recovering in hospital. his family, who've been speaking in the egyptian capital, cairo, say they were shocked to learn of his alleged involvement. labour is calling for a change in the law to stop energy companies putting up their prices. the shadow chancellor, john mcdonnell, said legislation was needed to end years of excessive profits. it follows widespread criticism of npower, who have announced price rises of up to 15% for some customers. 0ur political correspondent, iain watson, reports. labour hasn't exactly been cooking with gas in the opinion polls. but with npower increasing some of its energy prices by 9%, the party sees an opportunity to appeal to people who are struggling to get by. people's wages have largely been frozen since 2007 to 2008 in the economic crash. since then, inflation has now begin to hit them as well and now they are being hit with massive increases in energy prices. it is unacceptable. so in the short—term we'll have a cap and we will introduce legislation to do that. the c

the suspect believed to be an egyptian on a tourist visa. taken down while trying to attack soldiers. at least 1,000 visitors inside the museum at the time. here's alex marquardt. >> reporter: it's possibly the most famous museum in the world. millions visiting the louvre every year. today, that photo of to the attacker on the ground. surrounded by soldiers, shot four times after charging at them with two machetes. the attack happening at the entrance to the shopping mall under the louvre. paris' prosecutor officially calling it terrorism. saying the attacker was a 29-year-old egyptian who got a visa in dubai and came to paris on january 26th. he rented an apartment in an upscale neighborhood and spent nearly $700 on the military-style machetes here in paris. tonight, he's in critical condition. this afternoon, we meet a group of students, visiting for the weekend, undaunted. considering what happened, did you have any hesitation to visit paris? >> it's a scary time, but we didn't want to not come just because of the fear of something happen

trying to attack french security forces outside a paris museum has been identified as a 29—year—old egyptian. also coming up — the un says myanmar‘s army has committed mass atrocities against the rohingya muslim minority, including systematic rape and the murder of children. searching for a new role after brexit — britain's prime minister offers to be a bridge between europe and the us. hello, and thanks forjoining us today. the united states has imposed new sanctions on iran to punish it for a recent ballistic missile test, and for what was described as tehran‘s continued support for terrorism. the measures target 12 companies and 13 individuals in iran and elsewhere. iran said the sanctions breached the un deal under which it agreed to curb its nuclear programme. the white house spokesman, sean spicer, said president trump was determined to keep iran in check. these sanctions really represent a very very strong stand against the actions that iran has been taking, and make it very clear that the deal that was struck previously was not in the best interests of this country, and that

egyptians of those have been scarce but a few thousands are now set to fly him. do not expect too many goals, there have beenjust three in the last six finals. in less than 2a hours the eyes of the world will be on houston, texas, as the new england patriots take on the atlanta falcons in the 51st super bowl. fans have been gathering at the nrg for american football's biggest game — some say sport's biggest game. the patriots will be playing in a record ninth super bowl, but this is the only the second time for the falcons. let's hear what some of the fans from both teams have to say. we have a machine by the name ofjulio jones. we have "stack saker" vic beasley, we have "matty" matt bryant. i mean, we have all kind of arsenal in our repertoire. we're ready to go! we're ready to beat 'em. and i'm ready to see roger goodell give tom brady that trophy! it took me a while but i'm going with the falcons. i'm going with bryant and juliojones and i'm going with that defence. they have welcomed me to houston and i'm happy to be here and the falcons are going all the w

french officials say the attacker was a 28-year-old egyptian man who arrived in france last month on a tourist visa. he's recovering from wounds sustained when soldiers shot him after he charged at four of them, reportedly shouting in arabic, "allahu akbar, " meani"" god is great." one soldier was slightly injured. egyptian officials say the attacker had no prior criminal record or known involvement with extremists groups. french president francois hollande called the incident a terrorist attack. >> stewart: in syria's civil war today, american-backed militias launched a new phase in their siege of the northern city of raqqa, the de facto capital of islamic state militants. supported by american airstrikes and special forces soldiers, the syrian democratic forces group aims to completely encircle raqqa. and in romania, bowing to massive protests all week outside the country's parliament building, romania's prime minister says he'll scrap a decree that would shield officials from prosecution for corruption. the protests are the country's biggest since communist rule ended in 1989. tha

and tonight it has been confirmed the attacker was egyptian. in the heart of paris, at the entrance to one of its cultural treasures, an attacker is brought down by the military. he was stopped as he tried to enter the shops beneath the louvre. he was told he couldn't take his bags in. he shouted allahu akbar — god is the greatest, in arabic. and then swung at a soldier with a machete. five shots were fired, all around, confusion and fear. translation: it happened very fast, really it all went quickly. everyone was panicking and we thought of our lives and we saw death coming for us, with everything's that's been happening at the moment. we were very very scared. and later, this footage showed an injured soldier being wheeled away for treatment. the french president in malta at the eu summit said it was a terrorist attack. the situation, he said, was under control. translation: the threat is there. it remains, and we have to face it. we mobilise our resources and will continue to do so as long as it is needed. for the authorities, this was pr

president trump said his egyptian counterpart was "a fantastic guy". orla guerin reports from cairo on a peculiar alliance. a first meeting and apparently the beginning of a beautifulfriendship. egypt's strongman leader abdel fattah al sisi sat with donald trump when he was still on the campaign trail. they had good chemistry, mrtrump said. hardly surprising when you spot the similarities. the red ties, the hand gestures, and the hard—line stance. so the regime in cairo expects fresh momentum in relations with the us. though other arab states are facing new roadblocks. elsewhere in the region there are serious concerns about donald trump. but for president sisi and his supporters he is a welcome change. the two leaders speak the same language about defeating islamic extremism and there is common ground in another area, neither has much to say about the need to safeguard human rights. critics fear president trump will push the region in the wrong direction. and play into the hands of extremists. this liberal activist says his travel ban, now suspended

the egyptians and the saudis, in large part because we have tremendous foreign policy equities in these two countries, both the president of egypt and none of the saudivideo -- have commented negatively, i suspect he was thinking about those two, i'm sure. >> from your perspective, why wouldn't they be included. >> that's interesting, why are the seven countries on the list, the president argued quite logically that these are the seven countries of concern. three of them, sudan, syria and iran are classified as state sponsors of terror. others such as libya, somalia and yemen are states where isis and al qaeda are operating. so there's a certainly logic in what the president's administration has done, to use the previous administration as cover for denoting these seven countries. >> aaron davand dany, thank you. >>> can the trump white house survive in court? hritis. and i was worried about joint damage. my doctor said joint pain from ra... can be a sign of existing joint damage... that could only get worse. he prescribed enbrel to help relieve pain and help stop further damage. enbrel

an egyptian, he had come to the city eight days ago. he was stopped as he tried to enter the shops beneath the louvre. he shouted allahu akbar — god is great in arabic. and then swung at a soldier with one of the two machetes he was carrying. the soldier fired from the ground, all around — confusion and fear. translation: it happened very fast, really it all went quickly. everyone was panicking and we thought of our lives, we saw death coming for us, with everything that's been happening at the moment. we were very, very scared. injured in the attack, the soldier who had been struck and then brought down the attacker. the president, in malta at the eu summit, said it was a terrorist attack. the situation, he said, was under control. translation: but the threat is there. it remains, and we have to face it. that's the reason we mobilise this many resources and we will continue to do so as long as it is needed. for the authorities, this was proof that the high—profile security presence in the capital and across france really does wor

facts about him, 29-year-old egyptian, his name has not been released. we also know that he was a resident of the united arab emirates, where dubai is. he traveled to france originally in november, a couple months before the attack, on a tourist visa. actually, it was later in france, he then bought his car, he bought the machetes that he used in the attack on a french soldier there. also, notable in his egyptian passport, there was a visa to saudi arabia, just clues because one of the first things we're going to look at with an attacker is they investigate for possible terrorism is where did he go before, did he meet with anybody in those countries when he went there, possible extremists, et cetera. again, it's not clear, it's not established definitively this was a terror attack. it is being investigated as a terror attack. in part because as he was carrying it out, he was shouting allahu akbar, god is great. i should note that donald trump tweeted about this this morning, saying a new radical islamist terrorist has just attacked in louvre museum in pa

i will note he's an egyptian national. egypt is not on the list of the seven muslim majority countries that donald trump has listed in his travel ban. also interestingly, he was a resident of the uae, that's also not on the list of those seven countries that donald trump has started with this ban -- >> very interesting. let me get david ignatius' reaction. what do you think? >> i think the louvre attack and the apparent identity of the attacker shows that border security is not a cureall when you think about the terrorism threat. it's a reminder that good intelligence and ultimately law enforcement are what stops these attacks. here's somebody who was in france obviously unknown to authorities. then suddenly this terrible moment. but it's -- it reminds us that this threat that donald trump's so focused on, is one we're all going to keep worrying about. >> we certainly are. all right. everybody, stand by. >>> there's more news coming into the situation room. a top trump adviser tries to defend president trump's travel ban b

these for soldiers tried to subdue this 29-year-old egyptian national and failed. the man was able to use his machete to hack one of the soldiers in the head. he survived and was only lightly wounded. the soldiers were able to get off five rounds. downing this man and really seriously injuring him. he also survived and he's now in the hospital. but, kate, this is really bad news for paris. this is city and a country that owes a lot to tourism. as you can see, of course, there are soldiers deployed throughout this city. there are now soldiers, even more, deployed. we've seen them walking around all night just trying to maintain a sense of calm and security around this whole area, which normally is flooded with tourists. now, french president hollande spoke to this country a couple hours ago. he heaped praise on what they call operational sentinel, which saw 7,000 soldiers deployed throughout the country. again, these are soldiers that are actually deployed to police the area within france. that's because this country has been stung by terrorism so many times in just

an egyptian suspect known to the security services. threat of terrorism here to stay. the french have become used to wear high level of security and it isn't going anywhere any time soon. —— to a high level. this is why we have scary people holding guns outside tourist locations. it sounds like a scary incident. but it also sounds like the authorities dealt with it very well. this could have been a really nasty incident. and the soldiers took action. they were only lightly injured themselves. the story could have been worse. it reminds everyone that terrorism isn't going to go away and it is going to be a really significant part in that election. and the election is unpredictable as it is. very early days and the suspect was seriously injured as a result of the shooting. but had only beenin result of the shooting. but had only been in paris for a short time and on assured visa. apparently the authorities were aware of him already. again, there will be loads of questions about should they have done something sooner. —— on a short visa. but the truth is it is the

he is an egyptian man that arrived days ago. benjamin hall with the latest. reporter: this attack was fortunately foiled by security services but no doubt it was targeted at tourists in very heart of paris. at 10:00 the attacker was stopped entering the louvre. he was carrying two backpacks and was acting suspiciously. he launched a the officers with two machetes shouting "allahu akbar!." he was shot five times and now in critical condition. he is 29-year-old egyptian that arrived from dubai. he was not known to the authorities. the area around the louvre was evacuated immediately. no explosives were ultimately found and museum will reopen tomorrow. french president francois hollande praised the officers, saying they prevented another terrorist attack in the cap tale. the soldiers were a four-manned armed unit, part of special force of 3500 soldiers who patrol major tourist sites. president trump tweeted about the incident. a new radical islamic terrorist attacked the louvre museum in paris. tourists were locked down. france on edge again. get mart, u.s. succ

an egyptian, he'd come to the city eight days ago. he was stopped as he tried to enter the shops beneath the louvre. he shouted, "allahu akbar", god is great in arabic. and then swung at a soldier with one of the two machetes he was carrying. the soldier fired from the ground, all around confusion and fear. the french president in malta at the eu summit said it was a terrorist attack. the situation, he said, was under control. translation: the threat is there. it remains, and we have to face it. that's the reason we mobilise these resources and will continue to do so as long as it is needed. for the authorities, this was proof that the high—profile security presence in the capital and across france really does work. it was also a reminder of the attacks that took so many lives here, and of the threat that remains in paris and beyond. by the end of the day the louvre was open again but paris and france remain on high alert. jonny dymond, bbc news, paris. cancer affects hundreds of thousands of people in the uk every year but one in t

the egyptian market says it needs the equivalent of 2-3 oil fields to meet demand. right, we have a new important market movement to watch for you today, starting off with saudi telecom. a managed services agreement signed to improve performance and cut costs. the ceo was on the network and said they would continue to push that digitization drive. the stock has seen downside pressure, down 10.5%. for, a change in rating hsbc, that stock cut to hold. thebriefly, watch out with turkish lira trade. we have had interesting movements on that front. note that saysa it's hard to give a target for the dollar-lira trade if the traits past 3.53. shery: we are seeing brent crude around $56. the prospect of record u.s. stockpiles overshadows the bid to rebalance the market. one man not interested in talking about oil is the former saudi oil minister ali al-naimi, a man who could move oil prices come equities, and currencies with his words for two decades, so what is his focus now? in your city, what is on his mind? yes, ali al-naimi was in singapore last week because he wanted

we are seeing the egyptian pound move strongly against the u.s. dollar. it has been 10% and in the last five trading sessions in terms of strengthening and the south african rand has been one of the best performing em currencies. that is one to watch out for as well. ofry: let's get a check other headlines around the world with the first world news. hasaad: janet yellen flagged rate hikes ahead if the u.s. economy stays on its current course, more interest rates will be -- raises will be appropriate. investors see a 34% chance of an increase in mid-march. yellen gave no clear signal on exact timing. >> we have eight meetings a year. some meetings we would if things remain on course increase our target to the federal funds rate and not act at others. and precisely when we would take an action, whether it is march or may or june, i know people are focused on that. i can't tell you. trumpd: president donald has returned -- overturned a --e forcing oil companies to it puts u.s. companies at a competitive this advantage. congress is considering overturning oth

the same thing the saudis, the egyptians and others need. they need a reassertion of american leadership in the middle east so that america's team, it's not a perfect metaphor, but it is actually one in reality. that our team, israel, moderate arab states, et cetera, that our team has a captain that is effective and that is doing its job. that's what israel really needs and that, i think, is an important test for the trump administration. will they play that captain's role for our team in the middle east? well, so, this leads just very quickly to the meeting next week. now, in some sense, of course, it may be either a little early or late for this meeting. it's a little late in the sents that we sense we just say, he wasn't the first to town. king of jordan got here first. parkeded himself in washington for a week. didn't have an appointment with president trump, but foupd his way to not only have that meet, but be effective and we saw that by the end of the day of king abdulla's meeting with president trump, a reflection of that. namely, th

do you see an a liiance with the united states, great britain and saudi arabia and egyptians and jordan and israelis to take out nuclear sites that are spread all throughout iran and needing bunker busting jobses to get there. do you think it needs to be done, whether or not they are planning it is a different story. >> i don't think we are going to have to. >> sean: why? >> if you look at what happen when kerry announced it. saudi arabia invited the guest from egyptian and turkey and jordan and pakistan and emirs from a bu dabi and dubai. they came but abdullah. he sent his chief of staff. what was that meeting about? salmonwants those weapons that he bought the pakistan's available for him. i think there will be prolifation of nuclear weapons. that started with what obama was doing. and might lead to the cooperation between the israelis and the saudis. in the shuite radicals in teheran. >> i don't think people are paying close enough attention. good to see you. up next on "hannity". >> much of the media, knots all of it, is very dishonest. it is it fake news tis fake. >> sean: the pre

. ♪ things wecouple of are watching today, starting off with the egyptian pound, the world's best-performing currency this year. they're cheap economist put out thete and said -- cited fundamentals driving the rally, but also saying the in section pound offers "value", but upcoming pullback would not surprise them at all. they are putting out a target of 15.5 against the dollar for mid-2017. other key currencies to watch, but before you do, one of the key companies in qatar likely to report numbers in the coming hours. a mixed picture among analysts, revenue at 8.4 billion rials. of how analyst feel, two buys, two holds,. also watch out for fourth-quarter numbers overnight , strong growth in net income of 32%, a miss in terms of operating profit, slightly less than analysts had expected, and a new project announced yesterday, one of the big stocks on the egyptian exchange. and of course right now the aviation festival in asia getting underway in singapore. oil prices over president trump policies may dominate the agenda. fromad salamat joins us the event. i know you have a big guest right no

the egyptians have been scarce but a few thousands are set to fly in. don't expect too many goals, there have been only three in the last six africa cup of nations finals. it's the reverse singles in the davis cup tie between great britain and canada in ottawa, after a win in the doubles yesterday for jamie murray and dominic inglot great britain are leading 2—1. dan da n eva ns dan evans won his first singles rubber on friday and is now playing against vasek pospisil. he started strongly, breaking serve to lead 3—1 but not only did pospisil break back, he took the first set on a tie—break, 7—3. he got a solitary break in the second, took it 6—4, so canada are leading two sets to love and it's not looking good for dan eva ns. and it's not looking good for dan evans. kyle edmund might have to save the tie in the last match of the weekend. england lost by one point against australia in the netball quad series at wembley, the second defeat of the tournament for england after a heavy loss to new zealand, it's a much improved england who led in thi

elisk which is an egyptian style monument that represents the sun at noon day. when it's used as a grave marker, it means that person lived a very fruitful and successful life. he was only 31 years old when he died. is the founder of the virginia female institute in stanton, which is named stuart hall in her honor. of the family continue the 19th century tradition of having their family reunions here. some years will come out and we will find a tent up here, with family members having their family reunion at the grave site of j.e.b. stuart. .e.b.to the grave of j stuart is ellen glasgow. she was an early suffragette. she was a student of the enlightenment, and she wrote about the oppression of women in the south. of was also very critical the false sentimentality of southern society. richmonders didn't read her books. and she was disappointed, because she was worried that richmonders were going to lose in the life of the mind. and so she said, richmonders just a bunch of loquacious partygoers. site oft the grave douglas freeman, who was a writer, and won the pul

injured after trying to attack french security forces in paris has been identified as a 29—year—old egyptian. a fourth night of protests in romanian. hundreds of thousands of people have been in the streets again demonstrating against government orders to free dozens of officials jailed for corruption. and we meet a man in kenya who is making it his mission to ensure people don't forget about vinyl records.

based on the comments of the egyptian president, and the jordanians and the new emerging relationship with saudi arabia, if you add in the grits, could there be a coalition to stop iranian -- the threat of a nuclear armed iran? is that what they are both indicating? >> you nailed it. that's exactly right. that's>> profound. everyone wants to talk about personnel, this is why there is no more important personnel than the president himself. under president obama, which was how do we make life better for iran? we know of a policy of how do we make life better for america in the middle east? standing by our best ally, israel. and recognizing the greatr strategic change underway, the realliance of sunni arabs, jordan, bahrain, the uae, along with israel. against iran. that's the profound difference. it's a fundamental, wonderful change in the middle east. >> sean: i agree steve, complete with ari. the press conference was historic, deep, profound. the news conference today. israel has created new alliances that have never existed before with the saudis, jordanians, egyptians, if you add th