Oil prices fall to $61.15 per barrel as trade war subsides

Decline in oil prices to reduce fuel subsidies to 10% in Q1 of FY 2019/20

Mohamed Adel

Houthi attack King Khalid airbase, Abha, Najran airports

Houthi military spokesman Yahya Saria said the attack on Abha airport “hit its targets” and air traffic was disrupted at both Abha and Najran. All three locations are in southwest…

Daily News Egypt

EMPC opens new media centre in downtown to serve foreign media

It aims to facilitate media work for foreign channels inside Egypt legally, says Osama Heikal

Daily News Egypt

Shoukry discusses promoting cooperation among Egypt, Jordan, Iraq

Iraq's Parliament Speaker Mohammed Al-Halbousi and Foreign Minister Mohamad A. Alhakim were also present at the meetings.

Daily News Egypt

Sultan of Brunei meets Al-Sisi as part of an official visit to Egypt

Brunei counts on Egypt's role for the stability of the Middle East and the Islamic world as a whole

Taha Sakr

Egypt, Bombardier agree to build two monorails

Bombardier was selected to establish a €3bn monorail project in Egypt in May. Bombardier will deliver the project in partnership with two Egyptian companies Orascom Construction and the Arab Contractors.

Daily News Egypt

20 killed, 47 injured in militant attack in front of Cairo’s National Cancer Institute

Car caused the incident was carrying bombs, belongs to Hasm Movement, says Ministry of Interior

Daily News Egypt

Ashmwai, the most-wanted terrorist admits training suicide bomber of St. Peter and St. Paul Church attack

The army officer-turned-terrorist Ashmwai confessed he was recruiting physicians to be part of a militant group he was forming during the Muslim Brotherhood’s Rabaa sit-in in 2013.

Taha Sakr

IPO of Fawry 30x oversubscribed in EGX

The offering included 36% stake, which represents 21% of its capital.

Daily News Egypt