Ismail seeks to reassure MPs over handling of currency crisis
Egypt
November 1, 2016
Ismail seeks to reassure MPs over handling of currency crisis
Egyptian Prime Minister Sherif Ismail told parliament on Monday the government was working with the central bank to bring an…
Antiquities Ministry breaks contact with Toledo museum over auction sales
Archaeology
November 1, 2016
Antiquities Ministry breaks contact with Toledo museum over auction sales
Egypt's Antiquities Ministry has banned any future dealings with the Toledo Museum of Art in Ohio, United States, after the…
Gold prices rise on back of dollar shortage: traders
Business
October 31, 2016
Gold prices rise on back of dollar shortage: traders
Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost…
Govt, CBE debate timing of state-banks IPO
Egypt
October 31, 2016
Govt, CBE debate timing of state-banks IPO
The Egyptian government and the Central Bank of Egypt are involved in ongoing discussions over the timing of the initial…
Egypt seeks dismissal of OIC chief Iyad Madani after ‘offensive’ joke
Egypt
October 31, 2016
Egypt seeks dismissal of OIC chief Iyad Madani after ‘offensive’ joke
Egyptian officials are working behind the scenes to secure the dismissal of Iyad Madani from his position as secretary general…
US dollar hits LE18 on black market as govt mulls official devaluation
Business
October 31, 2016
US dollar hits LE18 on black market as govt mulls official devaluation
The US dollar continued its steep rise on Egypt's black market on Sunday, breaking the LE18 barrier for the first…
Russian flights could resume by year-end, dependent on conditions: Sokolov
Egypt
October 31, 2016
Russian flights could resume by year-end, dependent on conditions: Sokolov
Flights between Egypt and Russia may be resumed before the end of the year, assuming certain conditions are met, Russian…
Ras Gharib citizens protest flood response during PM’s visit
Egypt
October 31, 2016
Ras Gharib citizens protest flood response during PM’s visit
Prime Minister Sherif Ismail's visit to Ras Gharib on Saturday was interrupted by angry residents protesting what they see as…
FEDCOC calls for halt to importation of non-essential goods
Business
October 30, 2016
FEDCOC calls for halt to importation of non-essential goods
The Federation of Egyptian Chambers of Commerce (FEDCOC) has called for a rationalization of imports over the next three months,…
Tayeb slams Houthis for allegedly firing missile in the direction of Mecca
Egypt
October 29, 2016
Tayeb slams Houthis for allegedly firing missile in the direction of Mecca
The head of Al-Azhar, the top religious institution in Sunni Islam, slammed Yemen's Houthis on Saturday for allegedly firing a…