China vows to curb overcapacity in steel

China's Premier Li Keqiang has told EU officials that his country is committed to market reforms and will stay determined to tackle a steel capacity glut that has sharpened tensions…

Deutsche Welle

Pace of borrowing will not fall, no alternatives to further external debt: experts

Current pace of borrowing will drive external debt over safe limits within two years; the government lost $100bn of investments at Sharm El-Sheikh conference, says Prime Holding economist

Hisham Salah

The government asks for money, simply because it can: economics professor

Poor financial planning, using loans in the wrong projects are the largest external debt problems

Hisham Salah

Egypt external debt rises despite risks: experts

The domestic public debt also increased to EGP 2.496tn as of the end of March, compared to EGP 2.016tn year-over-year.

Daily News Egypt

Significant decline in quality of mobile internet in May: NTRA

The report also showed that Etisalat came in first place among mobile operators in terms of internet browsing quality, after testing 5,105 browsing attempts. None of these attempts were blocked,…

Mohamed Alaa El-Din

Portugal invites distraught France fan to visit after Euro 2016 footage goes viral

Portuguese tourism officials have launched an appeal to find the France supporter who was consoled by a Portugal fan after his country's defeat in the Euro 2016 final. The pair…

Deutsche Welle

US museums call on smartphone users to stop ‘catching Pokémon’

The US Holocaust Memorial Museum and Arlington National Cemetery have said "catching" Pokémon during visits "would not be deemed appropriate." The newly released Nintendo app "Pokémon Go" has proved to…

Deutsche Welle

Airbus cuts A380 delivery target from 2018

The aircraft manufacturer has reduced its forecast for A380 deliveries to avoid a production glut. But the company's chief executive appeared optimistic, saying the four-engine jet "is here to stay."

Deutsche Welle

Iran summons French envoy over exiles’ rally

The Tehran government has summoned the French ambassador to protest a Paris rally by an anti-regime "terror group." Former Saudi intelligence tzar, Turki al-Faisal, spoke at the meeting of Iranian…

Deutsche Welle

Parliament to summon security agencies to follow Regeni’s investigations

Security agencies are expected to provide the latest findings of the investigations into Regeni’s death

Toqa Ezzidin