Baghdad calls on Saudis to replace ambassador
Iraq has asked Saudi Arabia to recall their envoy to Baghdad, citing statements that "overstepped the boundaries" of diplomacy.
Cleopatra Hospital’s board approves 47% acquisition of CSH
Cleopatra Hospital Company (CLHO.CA on the Egyptian Exchange) announced that its Board of Directors approved the appointment of EFG Hermes Investment Banking to advise on the group’s potential acquisition of…
Ousta raises $1.25m from Egypt, UAE investors
Founder and chairperson of Ousta Nader El-Batrawi said his company was able to secure a $1.25m bridge investment round on Sunday for capital increase.
Armed Forces Arming Authority negotiate to obtain biometric devices for EHCAAN
The Russian parties demanded the provision of these devices, and that airports be ready for inspection, says EHCAAN chairperson
VAT, depreciation of Egyptian pound could increase real estate prices by 15%-20%
Real Estate Investment Division demands reducing VAT rate on construction contracts from 5% to just 4%
State Council finalises controversial church construction and Civil Service laws
Council says examination of press and media law will take time as Press Syndicate urges parliament to issue it
Eni to raise Noras field production to 1bn feet of gas a day in 2017
Increase comes alongside efforts to offset natural rate of decline, says source
Court to issue another verdict on Hisham Geneina in October
Former top auditor is accused of spreading false information
FGM practitioners to receive 7 years imprisonment: health minister
Minister of Health Ahmed Emad announced Sunday that the cabinet approved a draft amendment to the law on female genital mutilation (FGM) to extend the punishment of its practitioner to…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in May, according to a recently issued report by the Central Bank of Egypt (CBE). The bank stated in…
