Egypt seeks to be listed among the top 30 countries in economic, social development: Trade and Industry Minister

The government targets reaching 6% growth in GDP next year, increasing investments by 19%, says minister

Shaimaa Al-Aees

Security leadership reforms in Ismailia are part of police code of ‘reward and punishment’: media office

The interior minister ordered for those responsible for the jailbreak to be punished, not simply transferred, says Attia 

Daily News Egypt

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly auction to sell US dollars to banks with the value of $120m. The auction fixed the US dollar…

Hossam Mounir

World’s oldest bank unveils rescue plan details

Troubled Italian lender Monte Paschi has said it would cut thousands of jobs and close hundreds of branches as it continued its efforts to get on its feet again.

Deutsche Welle

‘Coma’ achieves great success in international film festivals

Although independent and documentary filmmaking are still challenging fields for young filmmakers in Egypt due to the lack of resources and financial support, many young producers and directors have managed…

Rana Khaled

Nissan partners with KidZania to establish first role-play auto-production line attraction in Egypt and North Africa

Nissan Egypt is set to cooperate with KidZania Cairo to establish a role-play attraction modelled after their automotive production line at KidZania Edutainment Park. Through this initiative, Nissan will provide…

Ahmed Amer

Trump accepting the US election result has little practical consequence

Donald Trump's anomalous suggestion that he may not accept the outcome of the elections has startled the public and was widely criticiz

Deutsche Welle

Automotive market loses 25.6% of its sales in first 8 months of 2016

Passenger car sales declined by 25.6%, bus sales by 31.8%, truck sales by 25.7% compared to last year

Ahmed Amer