Four to six state-owned companies to be listed in IPOs between June 2018, early 2019

Targeted cumulative value of the listings is EGP 15-18bn

Mohamed Samir

Government turns down Support Egypt coalition proposal to raise income tax threshold to EGP 24,000

Last legislative term, budget committee sent three proposals to Ministry of Finance on lifting income tax exemption limit

Unemployment rate drops to 10.6% in Q1 2018: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced on Tuesday the results of its labour force survey for the first quarter (Q1) of 2018, stating that unemployment fell…

Nehal Samir

Tourism investors present recommendations to parliament’s tourism, civil aviation committee to develop sector

Cairo airport has many disadvantages in services provided to tourists, says Chamber of Tourism Companies, Agencies head

Shaimaa Al-Aees

Palestine declares strike, national mourning following bloody embassy unrest   

Amid 70th anniversary of Nakba day, Palestinians bury those killed in embassy unrest

Fatma Lotfi

SMEDA signs 5 contracts for youth employment in Assiut

Authority aims to finance small projects to limit irregular migration, support Egypt's sustainable development strategy, says Gamea

Hossam Mounir

Rare book that describes Egypt to be auctioned at Christie’s

A rare authentic book, Description of Egypt, is to be auctioned at British auction house Christie’s on 29 May with an estimated price range of €300,000–500,000. The original version of…

Daily News Egypt

Chinese pilot sucked halfway out of airplane, ‘hero’ makes successful emergency landing

"I saw that the co-pilot was already halfway out of the window," said the pilot who landed the airplane after a cockpit window shattered in mid-flight. The co-pilot suffered scratches…

Deutsche Welle

Germany’s Joachim Löw unveils preliminary World Cup squad, signs new deal

Germany head coach Joachim Löw has named his preliminary squad for the World Cup, which kicks off in Russia next month. The DFB has extended the head coach's contract through…

Deutsche Welle