DUBAI Cheap Jake Butt Jersey , July 7 (Xinhua) -- The United Arab Emirates (UAE) has condemned two terrorist attacks on an army checkpoint south of Rafah in northern Sinai on Friday, UAE state news agency WAM reported.
The UAE Ministry of Foreign Affairs and International Cooperation expressed its solidarity with Egypt in confronting this "heinous criminal act," according to its statement.
''We stand with the Egyptian state and people against extremism and terrorism,'' it said.
The statement deplored this "criminal act" as a "new crime, adding to the black record of terrorism and terrorists."
The ministry called on countries around the world to stand united in eradicating this dangerous scourge.
Egypt's armed forces killed 40 militants Friday after suicide bombing and shooting on an army check point in North Sinai that killed at least ten soldiers Cheap Garett Bolles Jersey , the army said in a statement.
The UAE praised the Egyptian armed forces for thwarting the terrorist attack "by destroying several vehicles and killing the militants who attacked the checkpoint."
The Ministry concluded its statement by expressing the UAE's condolences to the leadership, government and people of Egypt, and the families of the victims.
The UAE and Egypt are both part of the Saudi-led Arab quartet which has cut diplomatic ties with Qatar on June 5, accusing the Gulf state of supporting "extremism and terrorism."
Xi urges BRICS to promote open world economy, multilateralism Cheap Courtland Sutton Jersey , common development
China marks 80th anniversary of nationwide war against Japan
Aircraft carrier "Liaoning" sails near Lamma Island in HK
Rare photos commemorate 80th anniversary of "July 7 Incident"
Main structure of Hong Kong-Zhuhai-Macao Bridge finished
Aircraft carrier "Liaoning" sails near Lamma Island in HK
Tourists visit Int'l Bazar at Urumqi in NW China's Xinjiang
Lotus flowers blossom across China
Taiwan's economy has been slowing, posting its weakest quarter in three years in the three months to June (AFP PhotoSam Yeh)
Taiwan on Tuesday gave the green light for a $15.3 billion fund to stabilise its troubled stock market, after fears of a slowdown in China sent shares diving.
Taipei shares posted the island's steepest ever intra-day decline on Monday, hit by a rout in Chinese equities that sparked a panic sell-off in European and US markets.
In response, the government will use the National Financial Stabilisation Fund Cheap Matt Paradis Jersey , with its Tw$500billion of firepower, to stabilise the market during times of volatility.
Beyond that, executive secretary of the restabilisation fund committee Wu Tang-chieh will be left to decide on how to invest, according to a government statement.
"The domestic stock market is affected by poor fundamentals internationally and domestically, leading to a drop in investor confidence Cheap Derek Wolfe Jersey ," Wu said Tuesday, adding that Taipei stocks have been among the main losers in global bourses this year.
Taiwan's economy has been slowing, posting its weakest quarter in three years in the three months to June, as weak global demand and rising competition have hurt exports.
Shares rebounded by 3.58 percent Tuesday, boosted by the announcement of government intervention Cheap Chris Harris Jr Jersey , after plunging 7.49 percent at one point on Monday.
The Financial Supervisory Commission may also implement other measures to stabilise the stock market when necessary, chairman Tseng Ming-chung said, without elaborating.
Companies are also supporting the market with share buybacks. Smartphone-maker HTC Corp. said Monday night it will buy up to six percent of its outstanding shares, roughly Tw$2 billion at the last close, over the next two months.
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