CBE concludes week without changing pound’s price, contrary to market expectations

Market expectations inclined towards floating the exchange rate or reducing the value of the Egyptian pound through an exceptional auction

Hossam Mounir

Second French Mistral warship arrives at Alexandria port

The helicopter carrier is Egypt's second acquisition from France

Daily News Egypt

CBE ends week without changing price of the Egyptian pound

The Central Bank of Egypt also did not hold an exceptional auction to sell US dollars to banks

Hossam Mounir

Court acquits security officials of killing 25 January protestors

The court said that the victims were killed by weapons that are not used by Ministry of Interior or the Egyptian Armed forces

Daily News Egypt

Egypt, Tunisia cooperating to develop sports in both countries: Tunisian ambassador to Cairo

Tunisia and Egypt held “Sports Week for Brotherhood” at the end of September to develop cooperation between both countries in the world of sports

Maya Nawar

Forbes Middle East unveils top 100 start-ups in UAE

The 100 entrepreneurs were categorised into most promising start-ups and start-ups to watch out for

Daily News Egypt

Government plans to expand social protection networks: Prime Minister

On Tuesday evening, Ismail held a meeting for the Social Justice Committee to discuss the expansion plan

Daily News Egypt

Increase of oil prices, costs reduction will stabilise global integrated oil and gas business: Moody’s

In terms of debt and its impact on companies’ credit profiles, the report said there would be a gradual recovery until the industry’s net debts have stabilised

Reem Hosam El-din

CBE pledges to provide US dollars to import basic commodities for 6 months

The money will be used to import 200,000 tonnes of oil, 60,000 tonnes of meat, in addition to rice and sugar

Mohamed Ayyad

TE starts local roaming negotiations with mobile companies

Negotiations began since the announcement of the 4G licence launch, but were suspended

Mohamed Alaa El-Din