Interior Minister sacks head of the Prisons Authority
Interior Minister reshuffles the Ministry’s leadership amid accusations of misconduct and negligence
Gold retailers slowly resume business
The price of gold increased Tuesday, with 21 carat gold increasing EGP6 per gram reaching EGP280, compared to EGP274 on Monday.
Former Rafah MP fired at in Sinai
Unknown assailants fire on previous member of the People’s Assembly in North Sinai
Galal to Beltone Financial: Egypt targeting budget deficit of 9% in 2013-2014
The conference call is the second held by Beltone following last week’s call with presidential advisor Mostafa Hegazy.
Egyptian banks register profits despite economic uncertainties
Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in the first half of 2013 compared to EGP 283.696m during the same period last year, marking a 31%…
Central Bank of Egypt sells $1.3bn in its first exceptional auction
CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday for banks in attempt to cover clien’'s outstanding import needs
18 Shia family members killed as Iraq unrest surges
The unrest came a day after a wave of bombings targeting Shias in Baghdad and shootings and bombings elsewhere killed 61 people, further raising fears Iraq is slipping back into…
Al Azhar Grand Imam meets Arab Parliament delegation
Al Azhar Grand Imam Al-Tayeb and Arab Parliament President Al Jarwan discuss promoting stability and unity in the region
Euromoney Conference to debate how to accelerate Egyptian economy
Banks outlined the main objectives of the 2013 Euromoney Egypt Conference, including the need for viable and inclusive dialogue on the true state of the Egyptian economy and the impact…