Repatriating profits of foreign companies pushes Egyptian pound down against US dollar

The price of the national currency saw devaluation on Wednesday, reaching EGP 17.8201 for buying and EGP 18.1659 for selling against the US dollar. The price on Tuesday stood at…

Hossam Mounir

Armed forces declare Sheikh Zuweid a safe city despite active attacks

Army assert that a semblance of normalcy has been restored by releasing video of displaced residents returning to the city

Taha Sakr

Egypt supports Syrian people, consulting with Syrian national opposition: Foreign Minister

Shoukry asserted Egypt’s tendency to support “national opposition” in media interviews, despite Al-Sisi’s previous support for Al-Assad’s Syrian army

Daily News Egypt

Metropolitan Egypt negotiates with bank to secure financing for 3 companies

Metropolitan Egypt is negotiating with a number of banks to provide financing worth EGP 14m to three companies working in chemicals, medical devices, and contracting, according to company head Khaled…

Hossam Mounir

Dabaa nuclear power plant agreement to be concluded by end of 2016: Rosatom CEO

The deal has raised environmental and safety concerns

Mohamed Samir

New Pirelli calendar emphasises natural beauty in age and maturity

In a world where women often resort to cosmetics and plastic surgery in search of an artificial kind of perfection, German photographer Peter Lindbergh decided to free women from the…

Daily News Egypt

Cairo Art Fair: the city’s largest showroom for contemporary art

The platform displays more than 700 pieces of art by 100 well-known and amateur artists

Daily News Egypt

Bibliotheca Alexandrina hosts Youth Science Film Festival for 2nd year

For the second time, the Goethe-Institute in Alexandria in partnership with the Planetarium Science Center of the Bibliotheca Alexandrina and the Academy for Scientific Research and Technology (ASRT) is hosting…

Rana Khaled

Yemeni passenger ship with 64 passengers on board sinks

The fate of the passengers and cause of the accident is unclear. Yemen's government has requested rescue help from the Saudi-led coalition

Deutsche Welle

Mawarid Technology intends to inject $100m in investments into Egypt 

The Emirati company targets to acquire entities that provide security solutions to the Egyptian market

Daily News Egypt