Elderly man killed after trying to stop son’s kidnapping in Al-Arish   

Anonymous militants killed a 55 year-old civilian, Saleh Hamed, inside the North Sinai city of Al-Arish on Saturday evening as he attempted to stop the kidnapping of his son, who…

Taha Sakr

Ghazl Banat introduces a combination of local and imported fashion

I wanted to support local talents, especially after the recent pound flotation and the evident improvement in local quality: co-founder

Nayera Yasser

#StopFGM

The world celebrated the International Day of Zero Tolerance for FGM on Monday. It is a day meant to display our collective resistance to the crime of female genital mutilation…

Mohamed Samir

EETC, NBE, agree upon EGP 18bn loan to strengthen the transmission network

The Egyptian Electricity Transmission Company (EETC) agreed with the National Bank of Egypt (NBE) to borrow EGP 18bn to strengthen the national electricity grid. Chairperson of the Egyptian Electricity Transmission…

Mohamed Farag

Ministry of Military Production considers the establishment of an integrated agro-industrial project in Beni Suef

The ministry will cooperate in the establishment with Belarus to manufacture tractors

Hossam Mounir

Nile Cotton Ginning calls for EGX, EFSA to return to trading on shares

Negotiations with the government reached a dead end and the current solution is to return trading

Alia Stouhi

Electricity ministry to hold popular conference announcing details of Dabaa nuclear plant 

The Ministry of Electricity is preparing to hold a public rally to announce the details of the establishment of Dabaa nuclear power plant in cooperation with Russia. A source at…

Mohamed Farag

T+0, T+1 mechanisms increase by 40% of daily trading

MCDR targets interconnection with ADX and develop storage capacities by 2017, Abdul Bari says 

Alia Stouhi

EFSA studying permission for T+0 mechanism for fund managers

Head of the Egyptian Financial Supervisory Authority (EFSA), Sherif Samy, told Daily News Egypt that the authority is considering the allowance of same-day trading, known as T+0, for fund managers,…

Alia Stouhi

Analysts expect EGX to move sideways awaiting CBE’s decision on interest

Bourse awaits Banque du Caire placement, following approval to list its EGP 2.25bn capital

Daily News Egypt