Bloomberg says foreign currency crisis starting to ease
Business
May 11, 2017
Bloomberg says foreign currency crisis starting to ease
Bloomberg said the lifting of restrictions imposed on the customers’ credit card purchases overseas is an indication that the foreign currency crisis…
Mubarak-era interior minister escapes arrest
Egypt
May 11, 2017
Mubarak-era interior minister escapes arrest
Mubarak-era Interior Minister Habib al-Adly escaped from his home a few hours before security forces went to arrest him to…
Tawfiq Okasha sentenced to 1 year in prison for forging PhD certificate
Egypt
May 10, 2017
Tawfiq Okasha sentenced to 1 year in prison for forging PhD certificate
Nasr City Misdemeanor Court sentenced media professional Tawfiq Okasha to one year in prison and fined him LE5,000 for forging…
Health Minister apologizes to patients for poor services in Fayoum hospitals
Egypt
May 10, 2017
Health Minister apologizes to patients for poor services in Fayoum hospitals
Health Minister Ahmed Emad has apologized for the poor medical services offered at public hospitals in Fayyoum. In a press…
LE1 billion grant to be disbursed through ration cards in Ramadan: Cabinet
Egypt
May 10, 2017
LE1 billion grant to be disbursed through ration cards in Ramadan: Cabinet
The Cabinet agreed to disburse a grant worth LE1 billion to ration card holders in the holy month of Ramadan,…
MPs visit al-Azhar to show support, rejection of bill diminishing its role
Egypt
May 10, 2017
MPs visit al-Azhar to show support, rejection of bill diminishing its role
To prove their respect and appreciation of al-Azhar, Egypt’s largest Sunni Muslim beacon, some members of Parliament visited al-Azhar University…
8 militants killed in Sohag: Interior Ministry
Egypt
May 9, 2017
8 militants killed in Sohag: Interior Ministry
The Interior Ministry announced that 8 militants were killed in armed clashes with security forces on Monday in the mountainous…
Cost of electricity production doubled after currency flotation: sources
Egypt
May 9, 2017
Cost of electricity production doubled after currency flotation: sources
Officials in the Electricity Ministry said the average cost of electricity production doubled, from 46 piasters to more than 90…
New Thanaweya Amma system to be divided over 3 years
Egypt
May 9, 2017
New Thanaweya Amma system to be divided over 3 years
Minister of Education Tarek Shawky announced the new system of general secondary school (Thanaweya Amma) where grading will be cumulative…
US dollar bond yields jump in Egypt: Bloomberg
Business
May 8, 2017
US dollar bond yields jump in Egypt: Bloomberg
The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…