Agiba Petroleum Company to produce 63,000 barrels of crude oil daily through FY 2014/2015: Chairman

Egypt undergoing crisis providing fuel for local market while it also faces difficulty in paying dues to foreign companies in the petroleum sector

Mohamed Adel

FJP condemns overturning ban on Mubarak party members in upcoming elections

Supreme Administrative Court looks into possible ban of FJP’s activities

Daily News Egypt

Egypt stands by ceasefire initiative; Hamas says there was ‘no serious initiative’

Hamas says ceasefire must be preceded by Israel’s commitment to Palestinian conditions

Hend Kortam

IDA tenders more than 1,270 land plots for first time since 25 January

IDA will accept the applications from 24 August to 25 September, organisation head says

Doaa Farid

Interest rate hike to threaten government debt inflation if financial reform fails: DCode Chairman

Central Bank of Egypt increased interest rates by 1% to contain high inflation expected after subsidy decrease and petroleum price increases

Mohamed Ayyad

Ration card commodities prices increased for quality improvement: Ministry of Supply spokesman

New ration card system provides citizens 20 privately and government-produced products including meat and chicken items, ministry says

Doaa Farid

Aid convoy to Gaza forced to turn back

Convoy prepared by group of political movements stopped at the border for security reasons

Rana Muhammad Taha

5 year timeline for tourism companies to repay debts to social insurance fund: Tourism ministry official

Ministry of Social Solidarity has given tourism operators and hotel establishments a 6 month deadline to pay workers' insurance debts; total debts to be paid in installments over 5-year period

Abdel Razek Al-Shuwekhi

Ireland and Denmark lift travel advisory on Sharm El-Sheikh

Ireland follows in the footsteps of Denmark, Italy and Germany

Sara Aggour

SODIC, CIB sign EGP300m loan for Westown project

Project expected to yield around EGP1.3bn, company says

Sara Aggour