Ministry of Antiquities reveals mysterious 2,600-year-old temple, statues 

Remains of 2,600-year-old mudbrick walls and several artefacts that can be dated to different periods of the ancient Egyptian era, as well as four furnaces from the Late Period, were…

Mohamed Samir

Urban Communities Authorities investments worth EGP 15bn during 6 months

Investments of the Urban Communities Authority amounted to EGP 15bn during the first half (H1) of the current fiscal year, distributed over housing and infrastructure projects. The investments approved by…

Mohamed Darwish

EBSC, Mineral Technologies resolve controversial articles over supply contract, to sign agreement this month

Amendments include holding arbitration of disputes in France, pilot phase for 2 months, payments in USD

Mohamed Farag

Government intends to borrow EGP 415bn in Q1 2018 to bridge budget deficit

Government offers bids for T-bills, bonds worth EGP 152.75bn in January, EGP 132.5bn in February, EGP 129.75bn in March

Hossam Mounir

Prosecution to investigate New Year’s Eve killing of 2 Coptic men outside liquor store

The General Prosecution will investigate the killing of two Coptic men as they were sitting in front of a liquor store, which is own by a common friend of the…

Daily News Egypt

26% decrease in trade deficit in 11M 2017

Minister of Trade and Industry Tarek Kabil said that the trade balance deficit has decreased significantly, by 26%, during the first 11 months (11M) of 2017, versus 13% in 2016.…

Nehal Samir

Al-Sisi ratifies new law to regulate youth centres

The decision was published in state gazette early Tuesday

Daily News Egypt

Administrative Control Authority to cooperate with FBI to fight corruption

The Egyptian Administrative Control Authority (ACA)  signed a signed a memorandum of understanding (MoU) with the US Federal Bureau of Investigation (FBI)  to facilitate ongoing cooperation in investigating corruption between…

Daily News Egypt

BP warns of huge hit from US tax reforms

BP has warned that they will suffer a painful blow to its fourth-quarter figures, which are due to be announced on February 6. However the energy giant predicts its long-term…

Deutsche Welle