No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin

Poor performance and financial manipulation are most notable issues affecting EATC

Daily News Egypt

Car sales decline in May

Overall car sales in first five months of 2015 increase compared to last year

Daily News Egypt

EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE

The CBE added that the household sector acquired EGP 75.9bn out of the total deposits of banks’ customers in April, where its deposits registered EGP 1076.371bn during that month compared…

Daily News Egypt

Dollar to officially jump to EGP 8.01: Dcode EFC

Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate against Egyptian pound, will push CBE to depreciate local currency

Mohamed Ayyad

Ministry of Tourism sets cost of participating in 3 international exhibitions at €2,500: ETAA

The three exhibitions will be held in Germany, Russia, and Spain, since 72% of the annual tourist flow to Egypt is from Europe

Tetra Pak still pursuing recycling project, looks at other partners

Recycling project initially announced in 2013, but no progress yet made; company aims to start by end of next year

Sara Aggour

EATC organises annual meeting, suppliers currently stand by board of directors

The meeting discussed the current ongoing dispute in the Egyptian automotive market, especially the increasing demand by consumers on the company’s models and the lower import volume from the agent.

Daily News Egypt

New budget of EGP 5bn allocated to Cairo Capital project: Housing Minister

NUCA adopted new budget for current fiscal year (FY) 2015/2016, with a value of EGP 33.2bn, says Madbouly

Shaimaa Al-Aees

‘Human rights a hindrance for stability’: AOHR-UK tackles Egyptian policies

The UK-based watchdog criticises practices by security forces and judiciary but faces criticism itself

Yousef Saba