Rollover risk due to large debt service is high in Egypt: IIF

The IIF mentioned that the debt ratios are above 50% of the GDP in many emerging markets, and in some cases are well into high-risk territory

Daily News Egypt

MIIC, Danish embassy discuss inking Danida Business Finance Agreement

“I’m impressed by president Sisi's dealing with religious freedom issues in Egypt,” says Danish ambassador

Hagar Omran

GNA seizes Italian fishing boat off Libya

The Italian Minister of Foreign Affairs, Enzo Moavero Milanesi, said that the fishing vessel was taken to the port of Misrata city, controlled by the GNA.

Daily News Egypt

Israel targets Syrian army bases in rocket attack

The SOHR indicated there are losses among the Syrian side, without giving further details.

Sarah El-Sheikh

Parliament overcame all obstacles it faced during 4th legislative term: spox

This term saw issuance of major laws of senate, division of constituencies, political rights, says Hasballah

Sarah El-Sheikh

SAIB offers Meeza prepaid card free of charge

Card part of bank's strategy to support financial inclusion, says El Kholy

Daily News Egypt

Deepening effective reforms critical to underpin Egypt’s positive economic outlook: IMF

Deepening and broadening of Egypt's effective reforms is critical to underpin the positive outlook for growth and unemployment of the country, David Lipton, the International Monetary Fund (IMF) Acting Managing…

Hagar Omran

Europe discusses Hormuz mission; Iran expresses readiness for negotiations not surrender

UK sent mediator to Iran to discuss ways to free its tanker, says Irani official 

Mohammed El-Said

British Airways’s flights’ suspension to Cairo has no “logical reasons” 

EgyptAir high-profile official criticises decision, asserting airports’ safety

Daily News Egypt

SCZone, Chinese company discuss incentives for steel industrial park worth $1bn

Project to offer high quality steel products that aren’t produced in Egypt now, says Han Bing

Daily News Egypt