Ministry of Antiquities launches first permanent exhibition for replicas
International exhibitions will be held showing original antiquities to attract more tourists, says Abdel Baseer
Military regimes should not be recognised
The military upheaval in Turkey, of which the final consequences are yet to be seen, highlights a major weakness in worldwide efforts to promote democracy. This event underscores the need to…
Erdogan purges army and judiciary after failed coup
The Turkish government has arrested thousands of soldiers and fired thousands of judges after the failed coup
Armed group seizes police building, takes hostages in Armenia capital
Armenian security forces have been negotiating with a group of armed men who seized a police station in Yerevan. The group is said to have links with an imprisoned opposition…
Did Al-Sisi reject the EGP devaluation during his last meeting with Amer?
Unofficial market and analysts increase pressure on CBE’s governor
EGP devaluation: did the market misunderstand Amer or was confusion intended?
Amer had ruled out devaluation of the Egyptian pound before exchange reserves reached $25bn
MSCI achieves strong 4.7% increase in past week’s trading
MSCI index registered a remarkable increase of 4.7%, rising from 828.84 points to 867.84 points in last week's trading. MSCI index rose 2.16% during Monday's session and then decreased to…
Yemen peace talks resume in Kuwait City
Yemen's internationally-backed government and Shiite Houthi rebels have resumed peace talks in Kuwait City. The ongoing conflict which began in March 2015 has claimed 9,000 lives to date.
Gulf markets see all-round increases in past week’s trading
Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points, and achieved an average daily trading value of SR 4.23bn.
New exchange rates drive up Egypt Duty Free revenues by 13.7% despite tourism slump
Egypt Duty Free’s activity is influenced greatly by the movement of foreign currencies against the Egyptian pound, especially the US dollar and the euro as importing goods—such as electrical appliances,…