Politics ‘nearly dead’ in Egypt, general situation frustrates everyone: Zahran

The current regime deliberately closed the door for political parties

Ahmed Al-Fayed

An Egyptian’s perspective on US presidential election system

As the date of the United Sates presidential election comes closer, the eyes of the entire world are directed at that election as the most important event in the field…

Mohamed Samir

PBDAC amends its main system after parliament approves law: chairperson

We will immediately begin to communicate with the World Bank to implement the restructuring of the bank, says Elkosayer

Hossam Mounir

Steel prices jump to register EGP 9,250 per local tonne after flotation of pound

It is expected that steel prices will decrease to EGP 5,200 per local tonne and EGP 5,800 per imported tonne once US dollar rate stabilises, says head of Real Estate…

Daily News Egypt

Construction companies threaten to halt work on social housing projects due to flotation

Housing Ministry considers increase in value of social housing units by EGP 20,000, says source at ministry

Shaimaa Al-Aees

Real estate developers await stability in prices of construction material following pound’s flotation

The CBE’s decision to float the Egyptian pound is viewed as a positive step for the real estate sector and is expected to promote market stability, say developers

Shaimaa Al-Aees

DNE news brief: 6 November 2016

https://youtu.be/6hRUn2rWVj8

Daily News Egypt

Al-Zamalek SC picks alternative to Momen Soliman, awaits official announcement

Al-Zamalek SC board of directors, under the presidency of Mortada Mansour, is close to choosing a new director for the club’s board of coaches, which will substitute Momen Soliman, to…

Alaa Moustafa

Bright future for economy, critical for stock market, high interest rate is temporary: Prime Investment

Prime Investment bank said that floating the national currency is a great step that would push Egypt’s economy forward by eliminating the informal market and creating one price for foreign…

Hisham Salah

CAPMAS issues official increases in transportation fares inside, outside the capital

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued a statement on Saturday detailing the official price increases in transportation fare following the flotation of the Egyptian pound. The…

Shaimaa Al-Aees