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%…

Sara Aggour

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

Nada Badawi

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…

Daily News Egypt

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

Manar Mohsen

Minister calls for MB to be dissolved

Muslim Brotherhood’s legality faces another blow

Aaron T. Rose

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…

Daily News Egypt

Breaking:Putin warns US Congress against approving Syria ‘aggression’

"They would be allowing an aggression since everything that is outside the framework of the UN Security Council is an aggression, unless it is self-defence," Putin told members of his…

Daily News Egypt

Putin demands proof as Obama gains support for Syria strike

Putin's comments came as US lawmakers began rallying behind President Barack Obama's plan to launch military strikes against Syria over a suspected poison gas attack outside Damascus that killed hundreds…

Daily News Egypt

FM Nabil Fahmy meets unofficial group of ‘Egyptian ambassadors’

A group dedicated to “popular diplomacy” seeks help from the Foreign Ministry

Manar Mohsen

Al Jazeera accuses armed forces of jamming satellite signals

The Qatari based news network identifies four locations where it believes jamming signals are being broadcast

Joel Gulhane