Bank deposits up by EGP 95.471bn recording EGP 4.007tr in June

Banks’ credit facilities see EGP 224.7bn rise, private business sector holds 60.7%

Hossam Mounir

NREA collects EGP 620m in arrears from local, international entities

90% increase in revenues by end of FY 2018/19

Mohamed Farag

Eni finishes connecting 50m scf/day from the Baltim field

Average well production ranges from 75 to 100m feet, according to industry source

Mohamed Adel

Another life sentence for Badie, other top Muslim Brotherhood leaders

Eleven defendants including top figures from the outlawed Muslim Brotherhood group received life sentences on Wednesday in the case dubbed as “espionage with Hamas”. Among the defendants are senior Brotherhood…

Daily News Egypt

Abbas, Arab League condemn Netanyahu’s pledges to annex Jordan Valley if re-elected 

This came in response to statements by Israeli Prime Minister Benjamin Netanyahu who announced on Wednesday that “the cabinet will vote on Sunday to approve legalising the Jordan Valley unauthorised…

Mohammed El-Said

As US marks 18th anniversary of 9/11 attacks, what lies ahead for Al-Qaeda

The 911 attacks were conducted by the militant group of Al-Qaeda which is considered as one of the fiercest jihadi organisations in the world and includes thousands of fighters

Taha Sakr

Domestic public debt records EGP 4.205tr in end-March

Domestic debt records 79% of GDP, of which 86.4% is owed by the government, 7.3% by public economic bodies and 6.3% by National Investment Bank

Hossam Mounir

Sharm El-Sheikh, Hurghada, Alexandria to witness RevPAR growth of 37%, 27%, 27% respectively in 2019: Colliers

It also forecasted that the four cities will achieve occupancy rates of 84% in Alexandria, 79% in Cairo, 68% in Hurghada, and 63% in Sharm El-Sheikh in 2019.

Daily News Egypt

UK accuses Iran of selling oil from seized oil tanker Adrian Darya 1 to Syria

Iranian ambassador to UK summoned by UK Foreign Secretary

Bassant Mohammed

Syria to return to Arab League once it overcomes its current crisis: Shoukry

In a statement following the meeting of Arab Foreign Ministers, Shoukry said that Syria’s return to the Arab League will be studied once the soaring tensions in Syria are eased,…

Bassant Mohammed