Is Africa becoming the world’s dumping ground for dirty diesel vehicles?

As emission regulations become stronger for new vehicles in industrialized countries, cars as old as 25 years no longer able to meet emission standards are being exported to Africa. Air…

Deutsche Welle

EGP 324.4 spending on subsidy in FY 2017/2018

The spending on subsidy in state budget reached  EGP 324.4 in fiscal year (FY) 2017/2018 compared to EGP 276.7bn in FY 2016/2017, of which EGP 81bn for ration goods and…

Shaimaa Al-Aees

$17.5bn foreign investments in debt instruments by the end of June

$3-4bn the volume of foreign investments exit in Egypt’s debt instruments during the last period

Shaimaa Al-Aees

EGP 157bn increase in tax revenues in FY 2017/2018: Finance Minister

Decrease in budget deficit to reach 9.8% in FY2017/2018 compared to 10.9% in FY 2016/2017

Ahmed Farahat

US releases $195m of military aid to Egypt

Egypt was informed about the decision in Shoukry-Pompeo phone call on Tuesday

Daily News Egypt

Trade, Investment ministries form permanent committee to promote industrial investment  

Minister of Trade and Industry Amr Nassar and Minister of Investment and International Cooperation Sahar Nasr sing joint ministerial decree to promote cooperation in the field of encouraging investment climate…

Shaimaa Al-Aees

Tour de France: Demare sprints to stage 18 win, Thomas retains yellow jersey

A perfectly-timed sprint from Arnaud Demare secured the French rider a win in stage 18 of the Tour de France. Further back, Briton Geraint Thomas tightened his grip on the…

Deutsche Welle

BRICS wants to tap more into own potential

Diamonds and oranges: Five countries that jointly represent at least 40 per cent of the world's people and GDP discussed details of economic collaboration at the 10th BRICS summit in…

Deutsche Welle

Al-Sisi issues law on treatment of senior military ranks

Law gives more privileges, immunity for senior military commanders

Daily News Egypt

Facebook shares dive 20 percent on growth fears, China venture canceled

$125 billion has been wiped off the value of the social media giant after it reported slower revenue growth. A day earlier, China withdrew its approval for Facebook's planned "innovation…

Deutsche Welle