Tourism, industrial sectors account for 75% of NBE’s non-performing loans: Bank official
The National Bank of Egypt’s non-performing loans total EGP 6bn, of which tourism accounts for 40%, industry 35% and other sectors 25%
Tahrir Petrochemical Complex approved with $5.8bn in investments
By Hassan Ghanema The board of the General Authority for the Northwestern Suez Gulf Economic Zone agreed Tuesday to launch its “Tahrir” project, which will entail construction of a petrochemical…
Jordan deports 260 Egyptians for violating work and residency regulations
As correction period for Egyptian worker to get proper license ended, Jordan starts deporting those still in violation
No train fines applied Tuesday, citizens encouraged to vote: Transportation minister
Ministry aims to facilitate the process of reaching polling stations for citizens, says minister of transportation
Egypt’s financial regulator signs information-sharing agreement with Dubai counterpart
Agreement aims to enhance cooperation between the two authorities
Reducing energy subsidies is ‘good’ but may raise prices: Egyptian Steel chairman
Investors welcome the move to reduce energy subsidies, but ask government to protect the poor from expected price jumps through social programmes
Tuk-tuk import ban upheld
The decision was discussed and approved by a governmental committee
Fining of abstainers is the law and will be implemented: Mehleb
The Presidential Elections Law states that people who fail to cast a vote without an excuse will be fined
PEC counters complaints over absence of polling stations for voters living outside district
Elections commission states that creating such stations might have jeopardised the validity of the elections’ results
Low turnout prompts government to extend voting for a third day
"Every vote we have got has a heroic story behind it," says Hamdeen Sabahy