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Arabian Cement’s net profit declines 52% despite 11% revenue increase

  /  June 2, 2015  /  Business  /  No Comments

Devaluated Egyptian pound, high cost of transportation result in “tough quarter” for the company

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Egypt bans local rights organisation director from travel

  /  June 2, 2015  /  Egypt, Politics  /  No Comments

“It is very telling that this should happen on the same day that Al-Sisi and his supporters are also going to Germany,” executive director Mohamed Lotfy said after ban

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Dana Gas, BP sign participation agreement

  /  June 2, 2015  /  Business  /  No Comments

BP to start drilling in El-Matariya onshore Concession Area in first half of 2016

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Turkish news agency closes Cairo office

  /  June 2, 2015  /  Egypt, Politics  /  No Comments

Anadolu staff members deny Al Jazeera report that Egyptian government forced closure

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Khaled Said’s family demands EGP 5bn compensation

  /  June 2, 2015  /  Egypt, Politics  /  No Comments

Money will be used for charity, says the victim of police brutality’s mother

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Detention renewed for prominent Al-Azhar cleric

  /  June 2, 2015  /  Politics  /  No Comments

Al-Azhar cleric and his brothers are to be detained for 15 more days

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Financial services, real estate companies lead stocks’ trade in May

  /  June 1, 2015  /  Business  /  No Comments

Value of traded securities during previous month totalled EGP 18.3bn

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GDP to grow 5.6% annually between 2020 and 2030: HSBC

  /  June 1, 2015  /  Banking, Business  /  No Comments

Oil contribution to exports to drop to 14% by 2030, electronics exports may rise at 11% per annum during next 15 years

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Solar Impulse II introduced in Cairo

and   /  June 1, 2015  /  Business  /  No Comments

The aeroplane is entirely powered by solar energy, and has started its first-ever 35,000 km journey around the world in March

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Imprisoned 16-year-old passes exams from jail

  /  June 1, 2015  /  Egypt, Politics  /  No Comments

Family strongly denies charges of violence handed to child

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External debt declines to $39.9bn in March: CBE

  /  June 1, 2015  /  Business  /  No Comments

March’s figures compare to June 2014, where debt amounted to $46.1bn

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Politically involved students ‘forcibly’ disappeared

  /  June 1, 2015  /  Egypt, Politics  /  No Comments

Ministry of Interior spokesperson denies the arrests

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Egypt is the castle that will protect us against immigration: French nationalist leader

  /  June 1, 2015  /  Egypt, Politics  /  No Comments

Anti-Muslim politician Marine Le Pen finds common ground against extremism with Al-Azhar grand imam

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European tourists drive hotel room profit during Ramadan: Colliers International

  /  May 31, 2015  /  Business  /  No Comments

Demand maintained in Cairo, while Luxor sees lowest revenues and occupancy rates

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Bank Audi earnings rise 63.2% in Q1 2015: Deputy Chairman

  /  May 31, 2015  /  Business  /  No Comments

Bank provided loan worth $90m to EEHC for emergency plan to solve electricity crisis in summer of 2015

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In Pictures: NDP headquarters demolished

  /  May 31, 2015  /  Egypt, Politics  /  No Comments

Parts of the headquarters of the National Democratic Party (NDP) of former president Hosni Mubarak were demolished on Sunday. The headquarters were burned during the 25 January Revolution, having not been in use since Mubarak’s read the rest…

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NCHR report condemns Sinai terrorism, Muslim Brotherhood

  /  May 31, 2015  /  Egypt, Politics  /  No Comments

Despite condemning pre-trial detention and military trials, journalists say report “too gentle” on state authorities

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Latest

Surprise reconciliation between Mortada Mansour and Tarek ElAwady

  /  May 31, 2015  /  Egypt, Politics  /  No Comments

The two lawyers have signed that they have full professional respect for one another

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Latest

Coptic families forcibly displaced after Beni Suef attacks

  /  May 31, 2015  /  Egypt, Politics  /  No Comments

Christian newspaper reports local Muslims tried to protect Copts from villagers angered over “insults to Islam”

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Latest

Public park to substitute NDP headquarters

  /  May 31, 2015  /  Egypt, Politics  /  No Comments

Cairo Governorate ordered demolition of NDP building Downtown

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Latest

AfDB loans worth $140m finalised for Sharm El-Sheikh airport extension

  /  May 30, 2015  /  Business  /  No Comments

A grant amounting to $1.7m also provided for the development of the airport’s second phase

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Latest

Al-Wafd Party leader sacks opponents in peak of internal crisis

  /  May 30, 2015  /  Egypt, Politics  /  No Comments

Secretary General Fouad Badrawi and six supporting members dismissed Friday

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Latest

NCFPMAC urges Al-Sisi to stop ‘government recklessness’ in fuel price increases

  /  May 30, 2015  /  Business  /  No Comments

Transportation fares expected to increase due to lack of government supervision, centre said

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Latest

Egypt continues to defend courts despite ongoing criticisms

  /  May 30, 2015  /  Egypt, Politics  /  No Comments

International rights organisation FIDH welcomed the acquittal of 17 Al-Sabbagh witnesses, but say that “judicial harassment” is ongoing

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Egypt ranks joint-3rd for attacks on hotels in 2015

  /  May 30, 2015  /  Egypt, Politics  /  No Comments

January’s mass attack in North Sinai which struck military hotel puts Egypt into third place

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Latest

‘Gaza is ‘paralysed’ when crossing closes: Rights worker

  /  May 30, 2015  /  Egypt, Politics  /  No Comments

Egypt re-closes Rafah crossing after three-day opening

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Latest

Prosecution renews Cairo University student detentions

  /  May 28, 2015  /  Politics  /  No Comments

Students accused of belonging to Students Against the Coup movement

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Latest

NUCA offers 7 bids in 4 cities

  /  May 27, 2015  /  Business, Real Estate  /  No Comments

Bids include developmental projects in New Cairo, Beni Suef and New Aswan

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Qalaa Holdings expected to exit Dina Farms, Rashidi El Mizan by Q3 2015: MD

  /  May 27, 2015  /  Business  /  No Comments

It is expected that by the third quarter (Q3) of this year, a final agreement will be settled.

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Latest

Telecom Egypt CEO sacked

  /  May 27, 2015  /  Business  /  No Comments

Tarek Aboualam and Khaled Sherif most likely candidates to replace El-Nawawy

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