CBE initiative to support tourism is only partial solution: ETF Chairman

Ministry of Tourism to support tourism investment fund with EGP 100m, of which EGP 25m sent to Ayadi company established by Ministry of Planning

Abdel Razek Al-Shuwekhi

Clients must resolve problems before benefitting from CBE initiative: IDBE Chairman

Initiative allows banks to allocate an amount for new loans granted to clients who do not pay debts on regular basis with 5% of fund’s value

Abdel Razek Al-Shuwekhi

Egypt on top of Frontier Markets Index: Merrill Lynch report

Egypt is best in class growth and strong earnings momentum, says report

Shaimaa Al-Aees

EGAS to supply second gasification ship in September

Technical evaluation in place for offers from companies taking part in tender

Mohamed Adel

2 billion people outside banking system: World Bank

International banking Financial Inclusion Summit 2015 ends in Budapest

Daily News Egypt

ICC is purposeless: South Africa’s ruling party

Reports suggest Sudanese president Omar Al-Bashir flew back to Sudan despite ICC arrest warrant

Daily News Egypt

1.1m butane gas cylinders available daily in Ramadan: Petroleum ministry

Butane gas consumption sees only slight rise of 3%-4% in Ramadan, says former EGPC Vice Chairman

Rana Yehia

Court might withdraw death sentence in Morsi trial: Experts

Defence team spokesperson in “Prison Break” and espionage trials anticipates court to withdraw many death sentences

Nourhan Fahmy

Detention renewed for student detained over 500 days for anti-torture t-shirt

Teenager Mahmoud Hussein was allegedly beaten and electrocuted into saying he possessed explosives, belongs to Muslim Brotherhood

Emir Nader

Party rejects Shafiq’s resignation

No ban on former presidential runner-up’s return to Egypt, travel ban still upheld

Mahmoud Mostafa