EGX faces 2 different scenarios following record increase

The Egyptian Exchange (EGX) will have to counter with a different set of circumstances this week following its remarkable performance since the flotation of the Egyptian pound earlier this month.…

Mohamed Ahmed

Banks begin providing hard cash to import non-essential goods on Sunday

Banking sector financed import of food commodities, medicines, and production inputs worth $2.492bn in 13 days, says the CBE

Hossam Mounir

263 ships transit the Suez Canal in 6 days carrying 15.8m tonnes

Suez Canal traffic data showed that 263 ships transited the canal, with a total load of 15.8m tonnes, from 12-17 November. An average of 43.83 ships transited the canal per…

Mohamed Ahmed

Arabian Cement invests EGP 100m to install new coal mill

The company seeks to exploit its full production capacity, which is currently operating at a 60% capacity due to the existence of only one coal mill

Mohamed Ahmed

‘Sinai Province’ claims it decapitated 2 priests in North Sinai

The photos published by the militant group claim to show the decapitation of two elderly priests; however, North Sinai residents allege that the two men are not priests

Taha Sakr

Press Syndicate leaders sentenced to 2 years on charges of sheltering wanted suspects

Misdemeanours court orders EGP 10,000 bail, syndicate seeks next steps

Amira El-Fekki

Iraqi special forces inch forward in eastern Mosul

US-backed Iraqi troops have expanded their foothold on the eastern side of Mosul, the stronghold of the self-declared 'Islamic State' (IS) group. Many civilians remain in the city, making military…

Deutsche Welle

Yemeni government rejects ceasefire deal with Houthi opposition

The Yemeni government has dismissed a ceasefire deal with the Houthi opposition. What are the reasons behind the rejection and does the Yemeni conflict have any end in sight? The…

Deutsche Welle

65 prisoners released from total of 82 granted presidential pardon

The list was proposed by the Detained Youth Committee, which was assigned by the presidency to review the status of detainees

Daily News Egypt