Growth rate decreased to 1.5% in 2012/2013

The report showed that growth rate in 2012/2013 reached 2.1% compared to 2.2% in 2011/2012, 1.8% in 2010/2011 and 5.1% in 2009/2010.

Daily News Egypt

Banque Misr President: Economic recovery will not be achieved without the return of security

Regarding application of a maximum wage, there is support inside the National Council for Wages for a maximum income with the exemption of banks due to their nature that requires…

Daily News Egypt

Egypt in talks with Libya to free seized drivers: ministry

Ahmed al-Libi said he was holding 50 of them and that their release was linked to the freeing of Libyans arrested in Egypt.

Daily News Egypt

Why Egypt’s bourse seems optimistic

Egypt Business Directory explores factors behind the EGX30 index surge on Thursday to its highest level in eight months. Where did the optimism come from to push the mark to…

Daily News Egypt

Afghan peace on the table as Pakistan PM heads to US

Daniel Markey, a senior fellow at US think-tank the Council on Foreign Relations, said that since coming to power in May Sharif had impressed Washington with his willingness to be…

Daily News Egypt

Deadly blast near Syrian capital as envoy pushes peace

Saturday morning's bomb blast struck a government-controlled suburb southeast of Damascus mainly populated by Christians and Muslim Druze, said the official SANA news agency.

Daily News Egypt

Saudi withdrawal stuns UN Security Council

Russia criticized the Saudis' "strange" decision but the conservative kingdom got a more understanding reaction from its western allies.

Daily News Egypt

Protests force Tunisia leaders away from slain police ceremony

The top officials had to leave the memorial ceremony after 20 minutes

Daily News Egypt

Saudi rejects seat on ‘double-standards’ Security Council

The Gulf country rejects membership one day after it was elected to the UN Security Council

Daily News Egypt

Attacks including Baghdad car bombs kill 66 in Iraq

The country is currently witnessing its worst violence since 2008

Daily News Egypt