Five key themes of IDB launch: chairperson

We aim to overcome financial position problem, deferred losses by end of 2018, followed by increasing capital, says Fahmy

Hossam Mounir

Egypt aims to raise EGP 8-10bn from IPOs of state-run companies in FY 2018/2019

Government last week announced names of first five companies that will offer shares in 2018

Daily News Egypt

Suez Canal Bank to see significant turnaround in asset quality in 2018: report

Lending growth is expected to increase to EGP 2.407m in 2022

Daily News Egypt

Egypt shares await fresh stimulus to resume rally amid lack of catalysts

Main benchmark extended downward trajectory last week on sell-off streak

Daily News Egypt

Giant Ramses II stele renovated after discovered broken into pieces

The Egyptian archaeological mission responsible for renovating the city of Tanis and turning part of it into an open museum announced restoring a huge, severely damaged statue of Ramses II.…

Daily News Egypt

Did Qatar use ‘black ops’ to win World Cup bid?

Qatar, the 2022 World Cup host nation, has been accused of using secret "black operations" to undermine rival bids. It has been claimed a PR firm was hired to put…

Deutsche Welle

Egypt to build first museum celebrating religious tolerance 

Minister of Antiquities Khaled Anany announced plans to establish Egypt’s first museum to celebrate religious tolerance, to be located in the New Administrative Capital.  According to Anany, the museum will…

Daily News Egypt

Minister of Health visits patients of ‘waiting list’ initiative   

Ministry previously launched a website and hotline to receive applications of those who want to undergo urgent surgeries or operations

Sarah El-Sheikh

Final agreement with Cyprus for gas transport to Egypt due to be signed soon

The signing of a final agreement between Egypt and Cyprus to transport Cyprus gas to Egypt is due soon. The project aims to transport gas through the construction of a…

Mohamed Adel