175,000 tons of wheat purchased, to be supplied in April

Average price per ton was $312, bringing total cost for imported wheat to $54.6m

Sara Aggour

PetroJet’s net profit hikes 14% year on year

Financial results reflect company’s success in boosting business volume after two years of declining profits in 2011 and 2012, Ministry of Petroleum reports

Doaa Farid

Hungary provides Egyptians with 300 scholarships

Scholarships will cover graduate studies along with training grants in various fields

Sara Aggour

Egyptian army meets with Israeli side during tri-annual meeting

Meeting concerns military communication, sale of Apache helicopters

Ali Omar

Egypt investors believe Sisi presidency will bring stability

Sisi offers the hope of relief from three years of political turmoil that began with the Arab Spring uprising, even though he was the man who toppled Egypt’s first freely-elected…

Daily News Egypt

Russian sanctions ripple through corporate boardrooms

Denmark’s foreign ministry held a special briefing for about 130 companies, including drugs firm Novo Nordisk and brewer Carlsberg on Friday after being inundated with inquiries about the business implications…

Daily News Egypt

Cabinet expands access to mortgage assistance

The government amended the Real Estate Finance law to expand eligibility for mortgage subsidies and increase grants to low-income families

Doaa Farid

Gilead offers Egypt new hepatitis C drug at 99% discount

While the drug will still cost $900 for a 12-week course of treatment, that is a fraction of the $84,000 charged for a course of treatment in the United States.

Daily News Egypt

‘Trial of the Century’ postponed to Tuesday

Mubarak, his two sons, former interior minister, and six aides will continue standing trial on 25 March

Daily News Egypt

Supreme Administrative Court upholds Nile University’s claim over contested land

Nile University welcomes the verdict while Zewail City says the verdict “adds nothing new”

Rana Muhammad Taha