Gasoline 92 subsidy EGP 1.4 per litre: petroleum minister

State subsidy of gasoline 80 and diesel amounts to EGP 1.7 per litre

Daily News Egypt

Budget deficit records 2% in Q1 FY 2017/2018 

The total deficit of the Egyptian public budget during the first quarter (Q1) of the current fiscal year (FY) dropped to 2% of the GDP, reaching EGP 85.3bn, down 2.2%…

Ahmed Ismail

NBE funds external operations worth $18.5bn in 13 months: bank’s vice president

Bank foreign exchange earnings $17bn from 3 November 2016 to 5 December 2017, says Aboul Fotouh

Hossam Mounir

Gulf summit ends quickly with no end to Qatari crisis

The summit came six months after KSA, UAE, Bahrain boycotted Qatar

Daily News Egypt

Iron in grip of local factories

Industry Ministry imposes anti-dumping duties on imports from 3 countries for 5 years

Selim Hassan

Electricity Ministry to offer 500 MW solar plant tenders next year

Projects under BOO scheme in Aswan, Minya

Mohamed Farag

CBE pays $600m to Afreximbank

Governor of the Central Bank of Egypt (CBE) Tarek Amer said that the CBE paid $600m to the African Export-Import Bank (Afreximbank). This increases the total amount repaid by the…

Daily News Egypt

“Egypt Counters Terrorism” conference calls for international rally in Egypt against terrorism

Conference also called for changing media rhetoric to support Egyptian state resolutions

Daily News Egypt

Op-ed review: Saleh’s assassination, Houthi danger

The assassination of former Yemeni president Ali Abdullah Saleh continued to top the Egyptian media’s agenda on Arab affairs, as well as recent controversy which followed US intentions to recognise…

Amira El-Fekki

Parliament approves Labour Syndicates Law

Parliament has approved on Tuesday the government-drafted Labour Syndicates Law, after months of heated debates about its articles, which was seen as an attempt to control syndicalist work and absorb…

Adham Youssef