Month: February 2017

AC prices surge 3.8% in February due to EGP flotation

1.5 hp air-conditioners settle between EGP 6,500 to EGP 8,800

Mohamed Alaa El-Din

The drop in T-bill yields at auctions reflects increasing foreign investor participation, Bank of America

In a study issued by Bank of America Merril Lynch about Egypt’s…

Daily News Egypt

Parliament to discuss legality of informal Valet parking 

The decision comes following inquest by MP Mona Mounir regarding the informality…

Sarah El-Sheikh

ITIDA signs contract to operate iCluster initiative complex in Borg El Arab Technology Park

The Information Technology Industry Development Agency (ITIDA), represented by the Technology Innovation…

Mohamed Alaa El-Din

Three UK trade missions explore investment opportunities in Egypt

UK is committed to support economic growth and increase British investments, says…

Daily News Egypt

Rising number of beneficiaries of school feeding programme for 500,000 students: minister

During the United Nations International Children’s Fund (UNICEF) ceremony, which was held…

Hisham Salah

Coptic veterinary doctor assassinated by anonymous militants inside Al-Arish

Over the course of the past two days, militants believed to be…

Taha Sakr

8 Ultras Ahlawy members imprisoned for an additional 15 days 

Three other members added to the case, after it originally included five…

Sarah El-Sheikh

Pound continues strengthening against USD, expected to settle below EGP 17 to the dollar within days

Significant increase in hard cash supply as foreigners invest in government debt…

Hossam Mounir