Al-Abbar requests reduction in administrative capital project share to 20%

Sources say Housing Ministry may approve request on condition investors commit to project’s financing from abroad

Daily News Egypt

Smugglers make a profit in Egypt’s Delta

Though not career smugglers, many fishermen turn to trafficking during tough times

Kenneth Changpertitum

Metawee Group invests EGP 750m in new ‘Blue Blue’ project

Project is located in Ain Sokhna and covers 121,000 sqm

Daily News Egypt

Electoral law passed, 2 remain for Egypt’s parliament

New constituency division amid scepticism regarding improvement

Amira El-Fekki

IMF projects slower growth in emerging markets

Growth in emerging markets and developing countries will reach 4.2% in 2015, down from 4.6% in 2014, expects IMF

Menna Samir

‘State of Sinai’ claims responsibility for Italian consulate explosion: Media reports

Attack left 26-year-old vendor from Fayoum dead, 9 others injured

Amira El-Fekki

$422.9m Arab Bank Group’s net profit in first half of 2015

Loans and advances grew to reach $24.1bn, compared to $23.7bn on 30 June 2014

Daily News Egypt

Al-Sisi issues decree enabling dismissal of officials at independent state institutions

Decision, which has come into immediate effect, affects officials who become “untrustworthy or unsuitable for his position”

Amira El-Fekki

Market awaits US dollar’s trend at start of working week

Expectations of new rises in US currency’s price against Egyptian pound

Hossam Mounir

Banque du Caire launches charity convoy for third consecutive year

Banque du Caire has continued its organisation of the charities convoy launched three years ago. According to the banks' Chairman and CEO, Mounir El-Zahid, this year’s convoy was distributed among…

Daily News Egypt