The government will not issue new bonds in FY2016/17: Ministry of Finance

Deputy minister of finance for monetary policies Ahmed Kojak said that the ministry is not going to issue any other treasury bonds in the current fiscal year (FY) 2016/2017. He…

Hisham Salah

Lerwick pays fiery tribute to Viking past

The festival "Up Hella Aa" takes place every January in Lerwick on the Shetland Islands, which lie in the middle of the North Sea around 400 miles from Edinburgh.The Shetlands…

Deutsche Welle

SCZone negotiates with Toyota TTC-NYK- Bolloré group to establish platform for large  vehicles

The General Authority for the Suez Canal Economic Zone (SCZone) has revealed that it began negotiations with the Singaporean ports authority in order to establish a platform for container ships.…

Daily News Egypt

Can a deposit system help reusable coffee cups catch on?

Some 320,000 disposable cups are thrown away every hour in Germany. Reusable cups have long been touted as the solution. But will they ever catch on? With clever financial incentives,…

Deutsche Welle

Eurozone growth and inflation confirm economic recovery

Fresh eurozone economic data show that inflation has risen to just below the ECB's key target, growth is accelerating and unemployment has hit a seven-year low, suggesting the bloc's economy…

Deutsche Welle

Shell sells North Sea old fields to rival group

Royal Dutch Shell has agreed to sell 3.6 billion euros ($3.8 billion) worth of its North Sea assets to oil explorer Chrysaor as part of its debt restructuring plan aimed…

Deutsche Welle

Diyar Al Assema launches 2nd phase of “Manzelak” in 10th of Ramadan City with investments of EGP 130m 

Diyar Al Assema for housing and project management is preparing to develop the second phase of the “Manzelak” project in the 10th of Ramadan City, with investments worth EGP 130m…

Badway Shalaby

Why some wild hamsters become crazed cannibals

An all-maize diet is turning wild hamsters in northeastern France's maize fields into deranged cannibals that devour their own offspring. The same crazy-making nutritional deficiency has affected humans in the…

Deutsche Welle

Al-Sisi, Ethiopian prime minister assert follow-up on GERD technical talks 

The president headed the meeting of the Committee of African Heads of State and Government on climate change during the 28th African Union Summit 

Daily News Egypt

Iron exports at Damietta port increase by 684.6% year-on-year

14.2% growth in cargos traded in Damietta port during 2016

Mohamed Alaa El-Din