Month: November 2016

NBE, Banque Misr raise limits on card usage abroad

Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh…

Mohamed Ayyad

Increased cash support for subsidy cardholders is not enough: expert

Egypt floated its currency on Thursday, allowing it to fall from its…

Hisham Salah

Long-awaited pound flotation ends market’s long-standing state of suffocation: bank exchange market officials

While this decision has its advantages and disadvantages, it is the only…

Hossam Mounir

30% hike in inflation rate in short term: Beltone Financial

The Central Bank of Egypt (CBE) announced on Thursday that it is…

Hisham Salah

Government considers 4 scenarios for future provision of electricity subsidies

The government is considering four scenarios for the future provision of electricity…

Mohamed Farag

Taxi drivers intend to submit request to cabinet to increase tariff

The Taxi Drivers and Owners Association intends to submit an official letter…

Karim Salah

2 vehicles with bombs located in Cairo

A car bomb went off targeting a judge in Nasr City, and…

Daily News Egypt

Cairo Metro addresses cabinet, again, to increase ticket price to EGP 2

Parliament summon heads of Cairo Metro and Egyptian National Railways to review…

Abdel Razek Al-Shuwekhi

Egyptian pound flotation is a historic decision: bank leaders

Raising interest was important to protect citizens' savings and to face expected…

Hossam Mounir

HRW, Amnesty International call on Egypt to lift arbitrary travel bans

12 activists have been barred from travelling since 2013, the two international…

Daily News Egypt