Monday’s arrested protesters in ‘Red Sea islands’ case facing investigations
The controversial agreement officially reached the parliament for discussion on Monday
Brent hike and flotation eats 91% of fuel subsidies allocation in H1 of FY 2016/2017
Ministries of electricity and petroleum call for additional allocations to face impact of currency flotation, VAT, and rising cost of borrowing in H2 of FY 2016/2017
German inflation ends 2016 on positive note
German monthly inflation rose more than expected in December, hitting the highest level in more than three years, and positively rounding off a dismal year for central bank efforts to…
Harsh sentences for 8 defendants in terrorism-related case
Last week, Egyptian courts handed harsh verdicts to defendants involved in cases related to terror cells
Egypt, Algeria to face off in Emirates Airlines Men’s Basketball Championship on Tuesday
With the participation of Egypt, Morocco, Algeria, Saudi Arabia, Bahrain, and the United Arab Emirates (UAE), the 22nd Emirates Airlines Men’s Basketball Championship for Arab teams began on 30 December…
Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday
Banks operating in the domestic market offered investments worth EGP 91bn of surplus liquidity in local currency via deposit operations, which was deposited by the Central Bank of Egypt (CBE)…
Finance Ministry refuses to raise price of sugarcane above EGP 620 per tonne: parliamentary sources
The current increase will be reconsidered at a later time, says Maximus; price of beet not agreed upon, say sources
Agreement on new medicine prices to be completed within 10 days: Prime Minister
Negotiations with pharmaceutical companies to determine which medicines will be subject to the price increase, says cabinet spokesperson
Trade balance deficit decreased by 19.9% in October 2016: CAPMAS
The value of Egypt's trade balance deficit reached EGP 27.83bn during October 2016, as opposed to EGP 34.75bn in the same month of the previous year—a decrease of 19.9%, according…