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EFG Hermes, Egypt's biggest investment bank, saw net profit jump 27 percent in the first quarter from the same period a year earlier, the bank said on Wednesday.
Net profit for the period increased to 98 million Egyptian pounds ($14 million)...
The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some $6.5 billion in losses to the economy, U.N. experts said on Tuesday.
Health authorities worldwide must be on the...
A unique first edition of "Harry Potter and the Philosopher's Stone" annotated by author J.K. Rowling has sold for a record 150,000 pounds ($227,421) at a London charity auction, Sotheby's said on Tuesday.
The 1997 book, featuring...
Seven members of the Egyptian security forces kidnapped by Islamist militants in Sinai last week were released on Wednesday, ending a crisis that has highlighted lawlessness in the desert peninsula bordering Israel.
Security sources said the men...
Egypt's army and police stepped up roadblocks in an area of northern Sinai as they tried to track down militant Islamists who kidnapped seven security officers last week, a security source said on Tuesday.
The militants seized the men on a road...
Inflation in Egypt is expected to climb to 10.9 percent this year, the highest level since 2010, the International Monetary Fund (IMF) said on Tuesday, more than it expected in April.
“Inflation is expected to rise in Egypt, Jordan, Morocco,...
Egypt aims next month to issue a schedule of gradual rises in the subsidised prices various industries pay for fuel, to bring them near to world levels in four years, its trade and industry minister said.
A reduction in energy subsidies is widely...
US Defense Secretary Chuck Hagel said on Wednesday the US effort to determine whether Syria has used chemical weapons is a "serious business" that cannot be decided in a rush just because several countries believe evidence supports that...
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of the stock market's slump.
"I was fired with many others when trading volumes went down," said Ayad, a man in his 30s who...
Egypt will seek a bigger share of production in future oil and gas exploration contracts signed with foreign companies, its petroleum minister said in remarks published Wednesday.
In remarks to Al-Borsa newspaper, Osama Kamel said the new system...
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