Hike of US dollar strengthens currencies against Egyptian pound
Pound sterling jumps to EGP 16 and euro to EGP 13, while Arab currencies see the heaviest trading
Egyptian snooker champion Mahmoud El-Hareedy defeats Thai champion Thanawat Thirapongpaiboon
The 2016 IBSF World Snooker Championship has taken over Sharm El-Sheikh until the end of July. The championship, which started 20 July and ends 30 July, is divided into two…
‘I Know Him, I Know Her’: a scary sign for distorted relationships
Challenging the customs and traditions of our society and breaking taboos, a group of women decided to use Facebook as a tool to test the loyalty and honesty of their…
First female superhero finally introduced to Egypt’s comic book market
People became attached to Lamis because they felt that she is one of them with both flaws and grace, says writer
More EgyptAir flight MS804 debris found on Israeli coast
The aeroplane went down in the Mediterranean in mid-May, claiming the lives of all 66 on board
15 militants killed, 12 injured during clashes in North Sinai
Clashes between the Armed Forces and militants have escalated and become more frequent following the ouster of former president Mohamed Morsi
Banks obtained $26.8bn from the CBE to finance importing basic commodities from 30 December 2012 until 19 July 2016: CBE
The CBE held 462 regular auctions to sell $19.382bn as well as nine exceptional auctions worth $7.397bn in less than four years
How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?
Stability of the foreign exchange market requires the government and the CBE to take unconventional and bolder measures, says Abdel Aal
MSCI moves horizontally, approaches 870 points during week’s trading
The MSCI index has moved within a limited range during last week’s trading, increasing to 869.8 points from 867.84—a 0.23% increase. The performance of the index was moving horizontally during…
Profits take over Gulf markets during last week’s trading
Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai…