Year: 2016

Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation

Banks operating in the local market have begun to ease restrictions set…

Hossam Mounir

Industry and Trade Ministry holds meeting with concerned ministries to study new costs of transporting food products

  Industry and Trade Minister Tarek Kabil was commissioned by the prime…

Shaimaa Al-Aees

Arab Angel Fund raises $10m to achieve first close on its $25m AAFI

The AAFI will accept additional subscriptions from new limited partners until the…

Daily News Egypt

State appeal on annulled Red Sea islands deal postponed to 5 December

The state’s lawyer accidentally submitted a 1928 map proving Egypt’s ownership of…

Daily News Egypt

MP El-Hariri submits himself for investigations following journalist’s accusations

Al-Youm Al-Sabaa editor-in-chief accused the MP of using his parliamentary position to…

Daily News Egypt

International Cooperation Ministry holds meetings with European officials to look into development projects

Minister of International Cooperation Sahar Nasr met on Sunday with Stephanie La…

Daily News Egypt

Communications Ministry receives 5 requests to establish electronic, battery factories in new technological areas

Factories will be established in partnership with the government, represented in joint…

Mohamed Alaa El-Din

Ferrari boasts rising sales and profit

Italian luxury sports carmaker Ferrari has reported strong third-quarter results despite a…

Deutsche Welle