Year: 2016

Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE

The new figure marks an increase of $5.6bn (11.8%), the CBE reported

Hossam Mounir

No intention to turn PBDAC into commercial bank: chairperson

We seek to change the misconception that we simply offer fertiliser to…

Hossam Mounir

Six problems facing the bank in the coming period: PDBAC chairperson

The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…

Hossam Mounir

Military prosecution renews detention of Alexandria workers amid condemnation

Shipyard company workers are accused of protesting and inciting their colleagues to…

Adham Youssef

Egyptian Embassy in Damascus delivers aid to Syrian town of Douma

This is the first humanitarian aid that Egypt deliverd “but it won’t…

Ahmed Abbas

235 ships transit the Suez Canal carrying 14.3m tonnes in the past five days

The average load per ship was about 60,850 tonnes during that period.

Mohamed Ahmed

Aid agencies struggle to deliver food and medical supplies to desperate Syrians

Syrians are growing increasingly desperate for food, with one report claiming people…

Deutsche Welle

Conscript killed in militant attack on checkpoint in Rafah

Security campaign detonates IEDs on a near daily basis, says state media

Daily News Egypt

Africa Renewable Energy Initiative should be implemented: Environment Minister

The initiative needs at least $20bn of investments before 2020, says UN…

Menan Khater

Several people killed in Damascus Shiite shrine bombing

Two bombs have exploded in the Syrian capital, killing and injuring dozens…

Deutsche Welle