Month: July 2016

Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE

The global drop in oil prices has led to a decline in…

Hossam Mounir Hossam Mounir

GlaxoSmithKline pumps EGP 400m into Egypt until 2017: Minister of Investment

Opening of new medicine production line by mid-September with estimated cost of…

Mohamed Ayyad Mohamed Ayyad

Attack near Prophet’s Mosque in Medina, third Saudi bombing in one day

A man has blown himself up near the second holiest site in…

Deutsche Welle Deutsche Welle

Italian banks battered after ECB warns MPS about bad loans

The financial crisis is coming back to roost in Italy after warnings…

Deutsche Welle Deutsche Welle

NTRA apprehends company for possession of illegal international call devices

The National Telecommunications Regulatory Authority (NTRA), the police, and Telecom Egypt have…

Daily News Egypt Daily News Egypt

Attack near Prophet’s Mosque in Medina, third Saudi bombing in one day

A man has blown himself up near the second holiest site in…

Deutsche Welle Deutsche Welle

Protests over murder of Kenyan lawyer

Kenyan lawyers and civil rights activists staged a nationwide protest after the…

Deutsche Welle Deutsche Welle

$5.8bn in FDI recorded over first nine months of FY 2015/2016

The CBE said in a statement on Sunday that the net inflows…

Hossam Mounir Hossam Mounir

Opinion: The downfall of an institution

The once-proud Deutsche Bank is now threatening the global financial system. Things…

Deutsche Welle Deutsche Welle

Qalaa records net loss of EGP 242.7m in Q1 2016 despite 20% increase in revenues

Despite the increase in revenues, Qalaa Holdings also recorded a net loss…

Mohamed Samir Mohamed Samir