Egypt’s social spending strives to curb negative effects of reforms
Subsidies FY 2015/16 (billions of EGP) FY 2016/17 (billions of EGP) FY 2017/18 (billions of EGP) FY 2018/19 (billions of EGP) Food commodity subsidies 42.7 47.5 82.2 86.2 Cash subsidies…
F1: Daniel Ricciardo wins Chinese Grand Prix with help from the safety car
Daniel Ricciardo, who started sixth on the grid, drove a sensational race to pick up his first win of the season in Shanghai. Sebastian Vettel finished eighth after colliding with…
Egypt’s ambitious budget signifies further stable economic conditions
A slew of IPOs likely to boost country’s revenues, decrease deficit
Uli Hoeness hits back at Frankfurt boss over Niko Kovac announcement
The Bayern president responded angrily to comments made by Fredi Bobic, labeling them "outrageous." Bobic was angered by Bayern's decision to announce Kovac's move to the German champions before the…
West strikes Syria ahead of Arab Summit
Regional crises further complicated by uncertainty over Libya, violence in Palestine, other conflicts
Arab Summit opens in Saudi Arabia, following US ,UK, France missiles on Syria
Arab League held several summits in past seven years to discuss Syrian crisis with no significant developments
Hapi investment conference opens 29 April under auspices of Sahar Nasr
Under the auspices and presence of Sahar Nasr, minister of investment and international cooperation, the Hapi investment conference will be held at the Nile Ritz-Carlton in Cairo on Sunday 29…
EgyptAir resumes flights to Erbil, Iraq
Company suspended flights to Erbil after Kurdistan independence referendum
Egypt’s smartphone brand market shares for March
Samsung's dominance of the smartphone market continued in March, taking the largest share of. The company also increased its market share of sales by 4% month-over-month. According to StatCounter, Samsung's…
Egypt extends state of emergency for three months
Security forces to take measures to confront dangers, funding of ‘terrorism,’ presidential decree says