Housing and Development Bank to invest EGP $900m in Helwan project

By Nasser Youssef The Housing and Development Bank (HDB) plans on building  a moderately-priced, middle-class housing project in Helwan over 27 acres recently acquired from the government. An official at…

Daily News Egypt

US praises Bahrain for report, as clampdowns continue

Bahrain Independent Commission of Inquiry Report: the country is more stable, despite ‘nightly’ confrontations with police

Moustafa Ayad

Government attracts funding originally allocated for SMEs

By Nasser Youssef The government’s expansion of high interest bonds and treasury bills led to a decrease in financing for small and medium sized enterprises (SMEs), the support of which…

Daily News Egypt

HSBC: China manufacturing shows ‘modest improvement’

Slowing economic growth in the United States and Europe's ongoing sovereign debt crisis have dented growth in China, the world's largest exporter

Daily News Egypt

Qandil cabinet is more Islamist than it appears

In addition to the five Muslim Brotherhood ministers, the cabinet also includes two members who are not members of the group but could be seen as their allies

Ahmed Aboulenein

European stocks rebound before US jobs data

The European single currency jumped to $1.2285 from $1.2178 late on Thursday in New York

Daily News Egypt

UN unifies to condemn own Security Council on Syria

Countries to vote against the UN General Assembly resolution include some of the most isolated states in the body’s membership

Basil El-Dabh

Sudan and S.Sudan strike oil deal

Sudan and South Sudan have hammered out a deal on how to share their oil wealth

Daily News Egypt

El-Nour Party sidelined in cabinet

Second biggest party in the now-dissolved parliament boycotts Qandil’s cabinet

Nouran El-Behairy

Over a thousand still ‘missing’ since 2011 uprising

Some individuals are abducted and released within hours while others remain abducted for months

Hend Kortam