High prices, inflation increase not behind CBE’s decision to keep pound’s price against US dollar: analysts
The devaluation of the Egyptian pound against the US dollar is one of the biggest reasons behind the price increase, but not the sole reason
DP World Sokhna receives high-ranking British delegation to boost investments in the Suez Canal Area Development Project
DP World Sokhna, the local marine terminal of global trade enabler DP World, recently received a high-ranking delegation of British investors headed by Sir Jeffrey Donaldson, the trade representative of…
MHI Technologies establishes subsidiary in Egypt
Mitsubishi announces the establishment of a regional headquarters in Egypt to meet growing demand in Africa
Ministry of Foreign Affairs condemns terrorist attack on church in France
The international community should unify its efforts to combat terrorism, says statement
Private sector demands government to reconsider VAT draft law
Ministry of Finance is targeting to collect EGP 31bn through imposing the VAT within the framework of targeting a budget deficit of 9.8% by the end of the current fiscal…
Citizens, MP in uproar over Wady Al-Qamar cement plant emissions
Coal use was approved by the ministry in several cement plants, endangering nearby residents
Egypt demands immediate investigation into reports of citizen tortured, killed in German prison
Egyptian authorities first heard the news from the deceased's family and were not informed of the death by the Germany federal government
3-year-old stands trial for ‘terrorising citizens’
Court acquits child from 3 out of 4 cases, says lawyer
Street Children band’s detention prolonged for 15 days
The band is accused of incitement against authorities, forming a group that stands against state principles, and attempting to topple the regime
CBE stabilises US dollar exchange rate, further confuses market
The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in its tender on Tuesday. The market is still waiting for…
