IMF financing alone will not be sufficient to stabilise US dollar: BOFAML

The report issued by BOFAML said that it expects the CBE to consider further rate hikes if US dollar neared EGP 20 

Reem Hosam El-din

Interior Minister decides establishment of central prison in South Sinai 

The prison will be allocated to those who received judicial verdicts and are based in South Sinai

Daily News Egypt

EEHC to complete Shabab, West Damietta power plants conversion in H2 of 2017

Establishments are 83% complete; total costs reach EGP 6bn

Mohamed Farag

Banque Misr financed import operations worth $2bn, post-flotation collection of US dollars surpassed $1bn 

We aim to increase MSMEs financing to EGP 25-30bn by 2019, branches to 780 in two years, says El-Etreby

Hossam Mounir

Prosecution detains Finance Minister’s advisor on corruption charges

Three defendants accused of bribery over land value manipulation

Amira El-Fekki

Relations between Egypt, US are strategic: Shoukry

The foreign minister said that Egypt had been coordinating with the new US administration prior to its official inauguration

Daily News Egypt

Families of alleged kidnapped workers in Libya stage protest near Press Syndicate 

The families staged the protest in response to officials' negligence to follow up on the case, says brother of kidnapped worker 

Taha Sakr

Berlin 24/7: Fashion 4.0 made in Berlin

The Berlin fashion scene hasn't seen much international success - yet. DW columnist Gero Schliess says there more potential to be tapped into - if the fashion and start-up scenes…

Deutsche Welle

Germany’s Zverev beats top seed Murray in Australian Open

Germany's Mischa Zverev has knocked Andy Murray, the world number one, out of the Australian Open. Zverev is ranked 50th in the world.German tennis player Mischa Zverev on Sunday beat…

Deutsche Welle