Cost of government debt threatens economic reform programmes
The government successfully controls the subsidies and salaries bills, but fails to handle the interest on government debt
CBE ignores increasing inflation, keeps interest rate unchanged contrary to expectations
With this decision, the interest rate on deposit remains at 11.75% and the lending rate at 12.75%
Egypt’s fashion industry takes an international leap for SS17
According to the world’s most prominent fashion experts, September is the new year of the fashion calendar. It is the peak time when trends emerge and designers fight for survival.…
Police officer dies, 2 injured in gunmen attack in Sinai
Militant attacks have been targeting officers and conscripts in North Sinai since 2013
Sisi meets with US national security council
The meeting inter alia tackled efforts to fight terrorism and regulate religious discourse
Bank credit facilities increase by EGP 224.7bn over FY 2015/2016: CBE
Private sector accounts for 59.8% of the credit facilities, while industry leads sectors backed by banks
Bahrain court upholds dissolution of main Shiite opposition group al-Wefaq
An appeals court in Bahrain has upheld the order to dissolve the Gulf state's leading Shiite opposition group, al-Wefaq. The move comes despite criticism from the UN and human rights…
Choosing the next UN chief is ‘intensely political’
Deciding who will lead the United Nations after Ban Ki-moon is a complex and convoluted process. Mats Berdal tells DW that the conflicts in Syria and Ukraine mean politics will…
Tecno Mobile launches new smartphone awareness campaign
The campaign explains the functions and details of different smartphone features and specifications
Military court announces life sentence of Omar Ali
Ali is charged with belonging to the Muslim Brotherhood