Egyptian government sends aid to Sudan
The Egyptian government has sent on Thursday urgent aid to Sudan, following the latest wave of floods that the country has witnessed. According to a statement by the Egyptian presidency,…
Egyptian Competition Authority refers 70 brick factories to Prosecutor General
Board of Directors of Egyptian Competition Authority decided in its meeting held on 14 August, to refer 70 brick factory owners to the Prosecutor General's office after their owners were found to have…
CBE keeps overnight deposit, overnight lending rates unchanged
The monetary policy committee (MPC) decided to keep the Central Bank of Egypt (CBE)'s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 16.75%,…
US dollar on its way out as world’s lead currency?
Tumbling emerging market currencies, including the Russian ruble, have caused Moscow to publicly wish for the "demise" of the greenback from global finance. Lars Halter examines how realistic such a…
Your guide to most glamorous summer destinations in Egypt’s North Coast
The North Coast of Egypt has become one of the hottest spots for domestic and international tourism development in Egypt. Therefore, Egyptian real estate developers compete to launch new luxury…
Egypt seizes best ranking at Global Competitiveness Index over past five years
Country ranked 100 out of 137 in 2017/18 edition, 119 in 2014/15, 107 in 2012/13
Agility (part 2)
In the previous article, we looked how important it is for Egypt to have an economy that is resilient to external and internal shocks without unnecessarily constraining the change, innovation,…
Importance of family entertainment in our lives
Significance of family time together highlighted in several international research platforms
Stolen Buddha statue spotted in UK, returned to India
A miniature Buddha statue stolen from India over five decades ago has been handed back to the country's high commission in London. Police said it was spotted at a British…
Philipp Lahm set to front 2024 European Championship committee
Philipp Lahm will be head of Germany's European Championship organizing committee if Germany wins the right to host the 2024 tournament. Germany face competition from Turkey to hosts the event.Philipp…