Spending in Egypt’s housing sector increases by 276% in FY 2017

A report by the Finance Ministry projects that only 30% of the planned budget will be spent by the end of FY 2016/2017, reducing last year’s spending gain to only…

Shaimaa Al-Aees

Egytrans launches road transport fleet project worth EGP 9m during current FY

Egytrans signed an agreement with Ahli United Bank to have a facility of EGP 35m as letters of guarantee and about EGP 20m working capital 

Shaimaa Al-Aees

Egypt pound under fire as CBE shifts to remove limits on foreign currency transfers

Companies getting ready to transfer their profits could weigh on the weak pound

Elsayed Solyman

Stindl strike seals Confederations Cup win for Germany

A dreadful defensive error from Chile's Marcelo Diaz handed Germany a second international tournament win of the weekend. Gladbach's Lars Stindl was the man to profit, as Germany's ruthlessness decided…

Deutsche Welle

Sahr Nasr vows to empower women, provide equal investment opportunity

The minister says government has set half of SME grants to finance women in poor areas

Elsayed Solyman

Private industrial sector accounted for 62.4% of credit facilities granted by banks to non-government economic sectors at the end of March 2017: CBE

The industrial sector accounted for 36.5% of the total credit facilities granted by banks; services for 28.5%; trade for 10.5%; and agriculture for 1.1%

Hossam Mounir

State Council reviews Dabaa nuclear plant contracts before Al-Sisi ratifies them

Presidency organizes inauguration ceremony in presence of Putin

Mohamed Farag

Marcel Kittel claims Stage 2 win at Tour de France, Andre Greipel finishes in third

Home favorite Marcel Kittel claimed victory on the second day of the Tour de France, as the race passed through Germany and Belgium. Fellow German rider Andre Greipel wasn't far…

Deutsche Welle

No increase in prices of mobile top-up cards: NTRA

The card worth EGP 10 now sells for EGP 11, gives balance of EGP 10 and additional balance of EGP 0.30  instead of EGP 0.40

Daily News Egypt

Sherif Ismail inaugurates “Egypt Can” event for women 

The event was endorsed by Al-Sisi and was attended by prominent Egyptian women

Elsayed Solyman