$1.1bn decrease in foreign reserves from October to November: CBE
Decline mainly due to the repayment of accrued deposits to Qatar, claims…
Egypt and Gulf security equations
By Khaled Okasha At the end of last week, a statement was…
EFG-Hermes donates EGP 50m for poor villages
EFG-Hermes Chairperson Mona Zulfikar said her company seeks, through scientific and field…
Gulf football diplomacy highlights regional divisions
By James M. Dorsey Wealthy Gulf states have invited Jordan and Morocco…
Saudi King invites Egypt to join reconciliation with Qatar
Saudi monarch says agreement with Qatar included “support for Egypt”
Gulf 22: When brothers compete
Kuwait beat Iraq with a goal in the 90th minute, while Saudi…
Kuwaiti investors threaten Egypt with lawsuit over land, accuse government of “lack of seriousness”
Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany…
Government postpones Economic Summit to avoid Chinese New Year
Dispute surrounding Kuwaiti grant valuing $1bn, Ministry of Finance confirms its arrival,…
International cooperation ministry denies receiving $1bn from Kuwait
Last aid to Egypt was $350m Saudi loan for electricity projects and…
UAE allocates EGP 1.8bn for Egyptian development projects
Egypt received 25% of the total figure to finalise the projects before…