UPDATE: 1 suspect killed, 4 officers injured in raid on ‘terrorist cell’
Last week, a bomb went off in the area where the raid took place
EGX boosted to its highest record in 19 months
This comes after the CBE decided to liberalise the exchange rate of the national currency
NBE, Banque Misr, Banque du Caire launch EGP-denominated saving certificates with 20% interest rate, 18-month maturity period
The banks also launced three-year certificates with a 16% interest rate
Floating the Egyptian pound is an excellent step: Naguib Sawiris
Sawiris called on the Egyptian people to support the CBE's decision
CBE floats Egyptian pound, raises interest by 3%
The CBE decided on Thursday to let banks in the market set their own exchange rate for the Egyptian pound against the US dollar
Youth Conference boldly addressed issues of youth, prisoners of opinion: Hafez Abu Seada
We have been too late in reviewing the Protest Law; we are waiting for Al-Sisi’s pledges on releasing youth, says member of NCHR
Indian Tea Delegation visits Egypt to enhance trade relations
The delegation participated in an interactive session with the supply minister, Indian ambassador, and Egyptian executives
Ministry of Tourism launches promotional campaigns, but hotels need renovation: investors
Restoration of a 5-star room costs EGP 25,000, 4-star room EGP 20,000, and 3-star needs EGP 15,000
Transportation Ministry orders lifting, review of 6 floating hotels in Lake Nasser: Hotels Association official
The Ministry of Transportation called for six floating hotels to be lifted onto the shore for review, causing them to suspend their cruises south of the High Dam in Lake…
Germans, Ukrainians to top winter tourist arrivals to Egypt: investors
Advertising campaign in Germany is broadcast across 9 TV channels, besides outdoor and digital advertisements