Banks achieve net profits worth EGP 30.143bn in Egyptian market until September 2016: CBE
The five largest banks acquire 44.32% of total profits, 42% of total revenues
Non-performing loans reach 5.9% by the end of September 2016: CBE
The private sector acquired 70% of total loans offered by banks to clients, loans to deposits ratio recorded 44.2%
Our corruption and distortion
I once said that there are several types and degrees of corruption in Egypt, some of which are protected by law and agreed upon. But the corrupt and the distorted…
Irish TDs to visit Ibrahim Halawa in his detention centre
There were several requests from the Irish and European parliaments to immediately release Halawa, but Egypt turned them down
MPs reject parliament discussion on Tiran and Sanafir islands agreement
The opposing MPs said they would vote on the agreement’s annulment, while other MPs are calling on the parliament to begin the discussion
Egypt establishes highly-trained special navy forces brigade in Red Sea
Egypt is the only force in the Middle East that owns a highly trained, powerful army ready to confront any challenge, says former officer
Third field army repels multiple militant attacks near central Sinai, kills 9
Enhanced security presence in North Sinai has pushed “Sinai Province” militants to carry out attacks in central Sinai, said army sources
Social Solidarity ministry denies compulsory military service for women
Rumours circulated suggesting the ministry would extend the draft to include women