Quick completion of New Suez Canal strengthens Egypt’s regional position: IMF
It will support the growth rate, future development and strengthen the country's balance of payments, says Jarvis
14 direct benefits for Egyptian economy due to Suez Canal projects: Banking expert
Banks should exert more effort to support development instead of focusing on financing budget deficit, says Ezz El-Din Hassanin
Petroleum prices, international trade rates principal sources of Suez Canal income: Economists
International trade increases by 4% to 5% annually, hopes for 97 ships per day in 2023 instead of 49
Suez Canal makes Egypt ‘economic tiger’ on international shipping lines: Maritime workers
The canal will be a lifeline for Egypt’s economy that not only involves fees collection from passing ships, but also the state’s presentation of a variety of new local projects
German factory orders surge in June
German industrial orders are up significantly in June, surprising analysts expecting more moderate growth amid economic turbulence in Greece and China. A weak euro has proven instrumental in filling German…
On nationalism, dry drilling, and patriotic promotion: How the Suez Canal opening was presented to the masses
Describing the drilling of the new canal as “legendary,” state media outlets promise prosperity and effective change.
Death sentences for Brotherhood members are pending, will not be carried out in this collective manner: Amr Moussa
In his interview with Daily News Egypt, Moussa opens up on the thorny issues witnessed by Egypt and the wider Arab region.
‘State of Sinai’ militants threaten to kill Croatian hostage
Militant extremist group "State of Sinai" threatened to kill Croatian hostage Tomislav Salopek, if Egypt doesn't release "Muslim female captives", in new video released Wednesday. Salopek was shown in the short video wearing orange prisoner…
Munich Re ups profit guidance on healthy quarter
Germany's Munich Re has reported a marked rise in second-quarter profit. The world's largest reinsurer said the strong result was due to its thriving investment business and a lower rate…
Ecologists concerned over Suez expansion impacts
In Egypt, dignitaries and regular citizens are celebrating the lavish inauguration of the Suez Canal expansion. But scientists are concerned about its environmental impacts - particularly from invasive species.