Month: October 2016

Health Committee to summon minister of health on soluble medicines shortage

Health Ministry is negotiating with Nile Pharma and Nasr Pharma to increase…

Abdel Razek Al-Shuwekhi

CBE vows to ‘punish’ banks lagging behind in SME support

The Central Bank of Egypt (CBE) vowed to punish banks that lagged…

Hossam Mounir

EGX to break through resistance level of 8,500 points

Analysts and technical reports predict that stability on this level will make…

Mohamed Ahmed

Issued credit cards increase to 3.8m at June’s close: CBE

The number of credit cards at banks operating in the Egyptian market…

Hossam Mounir

275 ships transit Suez Canal in 6 days

Suez Canal traffic data showed that 275 ships transited the canal, with…

Mohamed Ahmed

Non-performing loans fall to 5.9% as of end of June: CBE

Private sector accounts for 70.6% of total loans provided by banks to…

Hossam Mounir

Activist Haitham Mohamedain released

Mohamedain was arrested on 21 April during nationwide security raids that took…

Adham Youssef

ICJ calls on Egyptian authorities to not interfere in judiciary affairs

The armed forces and Egyptian authorities use the judiciary to punish opposing…

Daily News Egypt

59 Sudanese, Egyptian immigrants referred to military court

They were arrested on Wednesday and referred to court for illegally immigrating…

Daily News Egypt

Prominent Egyptian poet Farouq Shousha dies at 80

Shousha passed away Friday morning following a splendid career in advocating the…

Adham Youssef