Egypt Independent

15 hours ago

Business
In surprise move, CBE hikes key interest rates

The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth and falling unemployment, confounding the expectations of economists who forecast rates were unlikely to change. At a meeting of its ... Read More

14 hours ago

Culture
Best scenario, directing awards go to 'Eshtebak' at Cannes Film Festival

The Egyptian film Eshtebak (Clash) won awards for best scenario and directing at the 70th Cannes Film Festival, during a ceremony held on Sunday evening to unveil the winners of the first edition of the annual Critics Awards. The awards, granted ... Read More

15 hours ago

Science
Embalming materials for Middle Kingdom Vizier Ipi discovered in Luxor's West Bank

An international mission under the auspices of the University of Alcalá, Spain has uncovered over 50 clay jars filled with embalming materials for the mummification of the Ancient Egyptian Vizier Ipi during the cleaning of the courtyard under his tomb ... Read More

13 hours ago

Life & Style
Red Sea depths attract disabled tourists for diving

Diving has become popular sport around the world, particularly in the depths of the Red Sea. In a move for greater inclusiveness, diving centers are organizing trips for tourists with impaired physical mobility. After undertaking special training with experienced diving ... Read More