Month: July 2016

British retail bank Lloyds announces more job cuts

Lloyds Banking Group has said it will have to speed up its…

Deutsche Welle Deutsche Welle

Death of Egyptian in Germany not classified as ‘murder’: German Embassy

Investigations still ongoing, says German embassy in Cairo

Taha Sakr Taha Sakr

Egypt borrows from IMF to retain international confidence in economic stability: Al-Sisi

US dollar loses over 50 piastres on informal market, 5% jump on…

Mohamed Ayyad Mohamed Ayyad

Will the IMF loan be the answer to Egypt’s currency crisis?

The time is right to abolish foreign currency exchange control, says Beltone

Mohamed Samir Mohamed Samir

Egypt targets $21bn loan over 3 years to finance economic programme

IMF to offer $12bn, while the World Bank, AFDB, and international bonds…

Daily News Egypt Daily News Egypt

Parliamentary election results manipulated in favour of son of powerful figure: lawyer

Court verdict to annul MP’s membership still not executed in favour of…

Amira El-Fekki Amira El-Fekki

US dollar loses over 50 piastres on informal market following announcement of $12bn loan from IMF

The US dollar is likely to see more depreciation in the coming…

Hossam Mounir Hossam Mounir

Clashes erupt between civilians and police after death of suspect

Interior Ministry justifies the killing, saying suspect drowned in the Nile after…

Adham Youssef Adham Youssef

EGX jumps 5% during Wednesday trading, supported by IMF loan

The expected $12bn loan agreement with the IMF prompted institutions to increase…

Mohamed Ahmed Mohamed Ahmed