Suit for closing down ONTV show referred to commissioners’ body
A law suit filed against the independent news channel’s popular show is being reviewed by the commissioners’ body in the administrative court
Case of jailed Israeli Bedouin resurfaces after rumours of a possible prisoner swap
One week before his lawyer's visit to Egypt, Israel requests releasing Tarabin
USD exchange rate skyrockets
Few days after president 's statement that the Egyptian Pound will not be devaluated, the exchange rate of the US dollar rises against the Egyptian pound to hit its highest…
Egypt banks under fire for alleged funds smuggling
By Nasser Youssef and Mahmoud Sheneshan An investigative report conducted by the BBC hinted at the involvement of the Egyptian banking system in transferring funds abroad for figures of toppled…
Egypt placed 107 in global competitiveness rating
The World Economic Forum (WEF) issued its annual global competitive report, showing that Egypt’s competitive rating slipping 13 places to 107th place. The Egyptian market, in the view of many…
Asian markets slip on weak US manufacturing
Hong Kong (AFP) - Asian markets slipped further on Wednesday following losses in Europe and on Wall Street after a third straight monthly contraction in US manufacturing activity. The disappointing…
Iran has ‘problems’ selling oil: Ahmadinejad
Iranian government willing to overcome the challenges posed by Western economic sanctions, says the Iranian president
Food Industries Holding Invests EGP 100m on expansions
By Mahmoud Salah El-Din Tarek Shaalan, Head of the food products companies sector at the Holding Company for Food Industries, said EGP 100 million have been allocated for investment in…
El-Arabi meets with EBRD’s Hildegard Gacek to discuss economic co-operation
Ashraf el-Arabi, minister of development and international cooperation discussed economic support to Egypt with Hildegard Gacek, managing director of the European Bank for Reconstruction and Development (EBRD) for the southern…