Year: 2016

Germany’s Commerzbank facing massive job cuts

Media reports have suggested that Germany's Commerzbank will have to slash thousands…

Deutsche Welle

5 children sentenced to 5 years in prison in ‘Red Sea islands’ case

Ruling angers social media users and political activists, saying the verdict is…

Daily News Egypt

Death toll of capsized migrant boat reaches 148

Rescue operations are still ongoing

Daily News Egypt

After dismissal of Railway Authority deputy head, train accident kills 4

The train accident left 4 people killed and 2 injured 

Daily News Egypt

Al-Ahram Squash Open witnesses all-Egyptian finals

Ali Farag will play against Karim Abdel Gawad, while Nour El-Sherbiny will…

Maya Nawar

Government able to achieve targeted budget deficit: El-Garhy

We have not studied cancelling the tax on treasury bills and bonds…

Ahmed Farahat

The CBE’s strategy to encircle imports failed to save dollars

Egypt’s economy is linked to a number of imported raw materials, says…

El Husseiny Hassan

Cost of government debt threatens economic reform programmes

The government successfully controls the subsidies and salaries bills, but fails to…

Ahmed Farahat

CBE ignores increasing inflation, keeps interest rate unchanged contrary to expectations

With this decision, the interest rate on deposit remains at 11.75% and…

Hossam Mounir