Balance of payments jump to $3.7bn
Significant rise in the account surplus is lessened by dramatic fall in the service surplus
Minister of Finance allots additional fund for different sectors
EGP 165m will be allocated for tourism, EGP 225m for petroleum, EGP 125m for industrial training, EGP 355m for improving railway crossings and EGP 11.5m for journalism
UAE’s Arabtec plans property arms; eyes M&A, Egypt
Arabtec will partner with other firms to undertake projects in Dubai, Abu Dhabi and the Gulf states, it said in a statement detailing the resolutions of a 19 December board…
75% of the ESDP agrees to vote Yes to the constitution
The party calls on presidential elections to be held before parliamentary elections
Suez activist dies
Bassem Mohsen succumbed to fatal injuries sustained on Friday
‘Rabaa ruler’ student released
Student is released on bail; remains facing charge of carrying a ruler bearing the “Rabaa” sign
Arab League holds Israel responsible for hindering peace
The Arab League held an emergency meeting on Saturday to discuss Palestinian-Israeli negotiations
AFTE urges universities to allow detained students to take exams
New report details violence, discipline on Egypt’s campuses in December
Big Oil sets out lobbying on Iran as US Congress stands firm
It is an unusual tack for an industry known for its strong Capitol Hill presence on every issue from taxes to pollution rules to international trade.
India’s ‘Gilbertaro’ wins National Electricity Network contract
The contract shall be concluded Sunday between the Egyptian Electricity Transmission Company and the Indian Company with a total amount of $95.7m, including $57.7m, €19.7m and EGP 108.6m