Month: January 2017

NAT, Thales Group to provide ticket machines for third metro line

The company has made a financial offer to implement the project for…

Mohamed Alaa El-Din

PFT records 51 cases of corruption in state institutions in December

The Ministry of Supply tops the report’s list for a second month,…

Sarah El-Sheikh

Rumours of holding medicines customs clearance unfounded: head of customs authority

We are instructed to accelerate customs clearance of strategic and basic commodities…

Daily News Egypt

Parliament’s Economic Committee begins inspecting private funds before end of January

Flotation raised funds from EGP 52bn to EGP 66bn, say sources

Abdel Razek Al-Shuwekhi

EGP 3.7bn in electricity consumption bills collected in December

Distribution companies collected EGP 3.7bn; EGP 1.6bn in arrears owed by government…

Mohamed Farag

Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE

The share of the largest five banks of total deposits reaches 58.9%;…

Hossam Mounir

Endowments Ministry targets spreading national loyalty in preaching plan

Ministry vows to suspend, arrest, and investigate members involved in endangering national…

Daily News Egypt

Russian experts draft report on security in Egyptian airports 

The experts visited Egypt last month to inspect the airports to resume…

Daily News Egypt

McDonald’s prunes its China business

US fast-food giant McDonald's is selling a majority stake in its China…

Deutsche Welle