EGX jumps by 6.1% during Sunday’s trading

The Egyptian Exchange (EGX) recorded the highest daily rise in trading in three years since 2013. The main index EGX30 recorded growth of 6.1% reaching 9,349 points, its record high…

Mohamed Ayyad

Banque Misr, CIB amend spending limits on cards abroad

Banque Misr and the Commercial International Bank (CIB) decided to amend the spending limits imposed on their cards for usage abroad. Other banks are still considering whether to follow suit.…

Hossam Mounir

Democratic Current parties study potential call for general strike ahead of 11 November protest calls

Free Egyptians Party launches “work for Egypt” initiative to face protest calls

Amira El-Fekki

Grand Mufti meets Pope Francis for conference on commonalities in religions

Ambassador to the Vatican says religious figures are keen to combat any form of terrorism

Daily News Egypt

Sarah Assem: first Egyptian to win silver at Karate Kata Championship

It was the first time for an Egyptian athlete to receive a silver medal at the Women’s Karate Kata Championship, thanks to the champion Sarah Assem who is sponsored by…

Daily News Egypt

Detained Youth Committee reviews 1st list of detainees submitted by state-affiliated NCHR

The committee decided to start its work with detained students, then women and “opinion detainees”

Sarah El-Sheikh

Fuel subsidy cost to increase to EGP 64bn following pound’s flotation: Petroleum Minister

The cost of the petroleum product subsidies will increase to EGP 64bn in the current fiscal year (FY) of 2016/2017 in the wake of the Egyptian pound flotation and global…

Mohamed Ayyad

Emirates NBD-Egypt aims to increase SME portfolio to 10% by end of 2017, 20% by end of 2019

Bank launches special unit to provide technical, financial support to SMEs, supports it with qualified experts and geographic expansion plan

Hossam Mounir

Fair Trade Egypt launches winter collection

The “Earth Tones” collection mainly features home accessories created by 700 artisans from eight governorates

Daily News Egypt

Sharm El-Sheikh, Hurghada hotels revenues decline: Colliers International

Colliers International, The Commercial Real Estate Leader published its 3-month rolling forecast for October until December on Wednesday.

Hisham Salah