Legislative reforms prepared Egypt for receiving foreign investment

Direct lines of communication with international institutions to attract private sector financing

Mostafa Fahmy

Authorities seize attempt to smuggle ancient guns to Turkey

Following several failing attempts to illegally smuggle relics outside Egypt, authorities seized an attempt to smuggle three ancient guns go back to Ottoman Empire on Friday, Ministry of Antiquities stated…

Daily News Egypt

Consumer Protection Agency banns TV ad for offending elders 

The ad captures elders in a hospital taken over by illnesses, expecting to die before world cup qualification, owning company finds it a “creative execution for a humorous rap song” 

Daily News Egypt

The Afghan Quagmire

 New York -It is impossible to win a war that you cannot define. That seems to be the main lesson to be drawn from Afghanistan, where a so-called victory seems…

Cesar Chelala

Rohingya plight feeds Muslim assertiveness

The plight of Myanmar’s persecuted Rohingya minority is becoming the Muslim world’s latest rallying call emulating the emotional appeal of the Palestinians in the second half of the 20th century.…

James Dorsey

Parliament continues new round of economic reforms in October: parliament member 

The recently approved Investment Law will increase Egypt’s ability to attract FDIs ranging between $8-10bn by the end of this fiscal year and will exceed $10bn during the next

Abdel Razek Al-Shuwekhi

Factors to watch in Egypt’s stock market in week ahead

When Egypt’s stock market starts trading on 17 September, most investors should be watching the following factors in the week ahead, with some companies hold its ordinary general meeting to…

Daily News Egypt

Pharos Research sets EBE fair value at EGP 24.54 with ‘Overweight’ recommendation

Mubasher Trade maintains “Buy” rating for Emaar Misr with price target of EGP4.04/shr

Daily News Egypt

Egypt shares resume rally in a week as foreign investors buy

EGX30 gains 1.32% buoyed by blue-chips performance

Elsayed Solyman

Banque du Caire to inject EGP 5bn in syndicated loans to several economic sectors: vice chairperson

We are considering participating in the EEHC loan by EGP 3bn, next to channelling other funding for public and private economic activities, says Soliman

Hossam Mounir