Pharos Holding appoints Noha El-Ghazaly as its new managing director, head of investment banking

Pharos Holding for Financial Investments announced Saturday the appointment of Noha El-Ghazaly as managing director and head of investment banking, replacing Sherif Abdel Aal. “I am pleased that Ms El-Ghazaly…

Daily News Egypt

Egypt sets highest growth rate in 8 years at 5.2% in H1 FY 2017/2018: Al-Saeed

8% growth targeted by 2021/2022, says minister of planning

Nehal Samir

Credit Suisse, HSBC reportedly arranging $700m loan for EEHC

HSBC and Credit Suisse are reportedly arranging a syndicated loan of up $700m for the Egyptian Electricity Holding Company (EEHC), Reuters reported on Wednesday. According to the news agency’s sources,…

Mohamed Samir

MoI pardons 658 prisoners for Sinai Liberation Day

The Ministry of Interior released on Thursday released number of 658 prisoners on the occasion of Sinai Liberation Day. This comes within the framework of the ministry’s keenness to uphold the values…

Daily News Egypt

Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017

The total volume of commodity trade between Egypt and Saudi Arabia during 2017 amounted to about EGP 3bn, according to Egyptian Minister of Trade and Industry Tarek Kabil. Kabil noted…

Shaimaa Al-Aees

Four masterclasses to be held during Cannes Film Festival

During the 2018 edition of the Cannes Film Festival, four meetings with artists will take place at the Buñuel Theatre. The four masterclasses will held by directors and actors invited…

Daily News Egypt

Kenyan world champion athlete Asbel Kiprop tipped off about doping test

A drug testing officer says he gave three-time 1500-meter world champion Asbel Kiprop advance warning of a doping test. The Kenyan runner, 28, tested postive for endurance-enhancing drug EPO in…

Deutsche Welle

US job market: even solid figures can be disappointing

It's hard to please everyone. Although the US unemployment rate has dropped to a level not seen in over 17 years, analysts insisted the job market in the world's largest…

Deutsche Welle

These eyes don’t get dizzy

Do action movies at the theater make your head spin? Not a problem for the peacock mantis shrimp. And that's just for starters.Most of us don't even need to get…

Deutsche Welle

Egypt’s 2006 football generation was the best: Abo Rida

I hope to see national team in World Cup’s Round of 16, says Abo Rida 

Daily News Egypt