Year: 2016

$500m negotiations with Indonesia indicate Egypt not seeking finance from Gulf countries: expert

In order to finance its budget deficit, the Egyptian government is negotiating…

Hisham Salah

Government reaches settlement with ArcelorMittal to avoid paying $600m in compensation

The Egyptian government, represented in the chairperson of the Industrial Development Authority…

Daily News Egypt

NREA to offer tender for solar plant in Kom Ombo, operations to start next year

The French Development Agency is financing the project with €40m

Mohamed Farag

11/11: a delusive revolution actively present on social media, absent on the ground

Life went on as usual in the streets of Cairo and other…

Taha Sakr

Detained Youth Committee submits preliminary list of 83 prisoners to Al-Sisi

The president orders that the committee's work be expanded to look into…

Sarah El-Sheikh

Interior Ministry calls on Egyptians to peacefully cheer at Egypt-Ghana match

The match is part of the African qualifications for the 2018 FIFA…

Daily News Egypt

‘Sinai Province’ publically shoots 2 citizens previously kidnapped in Al-Arish 

Two citizens who were kidnapped last week have been shot in a…

Taha Sakr

Egypt successfully secures $12bn IMF loan, to be repaid over 10 years at interest rate of 1-1.5%

The economic reform programme is by the Egyptian government for the Egyptian…

Mohamed Samir

Al-Shobaky to sue Mortada Mansour over defamation: lawyer

Al-Shobaky, entitled to a parliamentary seat, claims parliament assured swearing oath would…

Amira El-Fekki

Blom Bank enters asset management sector through ‘Blom Egypt for Financial Investments’

The bank works to complete the procedures for establishing the new company…

Mohamed Ahmed