Ryan Lochte banned from swimming for ten months, loses $100,000 bonus
Ryan Lochte will not swim competitively for ten months, meaning he'll miss next year's World Championships. He'll also forfeit $100,000 of bonuses as part of the penalty for his drunken…
Inflation increases by 2% in August: CAPMAS
The consumer price index (CPI) for August registered an increase of 2% compared to July, CAPMAS reported on Thursday.
Emirati foreign minister discusses bilateral relations with Al-Sisi in Cairo
Abdullah bin Zayed said the UAE is keen to bolster relations with Egypt
Obama cautions Duterte, raps ‘wacky’ Trump
The Philippines "drugs war" President Duterte has been urged by US President Barack Obama to show judicious restraint. From Laos, Obama said US Republican candidate Donald Trump disqualified himself with…
World Bank, AFDB mission to visit Egypt to discuss granting second tranche of fund
The mission will provide the second tranche of funding from the two banks, which includes $1bn from the World Bank and $500m from the AFDB
ECB keeps rates, asset buys unchanged
The European Central Bank has left key interest rates and its QE asset purchasing scheme unchanged. The move was largely expected as analysts said the bank needed to save some…
IL Monte Galala chosen as best residential low-rise project in emerging markets by Cityscape Global
IL Monte Galala-Sokhna is a touristic real estate development in Ain Sokhna along the Red Sea Coast on 2.2m sqm
Train journeys resume between Cairo and Aswan after accident
The prime minister ordered that a technical investigative committee be formed to examine the circumstances surrounding the accident
Former top auditor’s appeal session adjourned to 20 October
Hisham Geneina was sentenced to prison over "false claims" of the amount of corruption in Egypt
Russian delegation reviews security measures at Cairo airport
The delegation discussed plans to resume direct flights to Cairo with the aviation minister