Egypt, Germany sign €1.6bn development deal

Germany-provided financial support for state budget records €225m at beginning of this year, says ambassador

Shaimaa Al-Aees

Egypt to launch its first sovereign wealth fund by end-2018: Al-Saeed

State to begin roadshow in H1 2019 to stimulate private investments, says acting planning minister

Nehal Samir

EBRD’s annual investments in Egypt expected to eventually reach €2bn

Bank to buy shares of some governmental companies through IPO programme, says managing director

Hagar Omran

Egypt and Ethiopia fend off water wars over Nile mega-dam

Egypt has long worried that Ethiopia's planned Grand Renaissance Dam will cut its share of the Nile River. Both countries tried to put fears of a water war to rest…

Deutsche Welle

Three Saudis killed in Houthi missile attack, Egypt condemns

US warns UAE of attacking Hudaydah, ICRC raises concerns over humanitarian situation

Mohammed El-Said

Kim, Trump arrive in Singapore two days head of historic summit 

Trump calls meeting ‘mission of peace’ before also arriving in city-state

Fatma Lotfi

Bundesliga: Tayfun Korkut signs one-year extension with Stuttgart

Tayfun Korkut has cemented his position as coach of Stuttgart after a successful five-month spell. The club were flirting with relegation before he guided them to the brink of Europa…

Deutsche Welle

State-run newspapers must commit to EGP 42,000 maximum wage: National Press Authority head

National Press Authority Head Karam Gabr issued a decision to oblige state-run newspapers to set a maximum wage of EGP 42,000 per month. The decision will be applied at press…

Sarah El-Sheikh

French Open: Rafael Nadal obliterates Dominic Thiem to claim record 11th title

Rafael Nadal won his 11th French Open with victory over Dominic Thiem. Nadal suffered a finger injury late on, but battled through the pain to clock up his 17th grand…

Deutsche Welle