EgyptAir loses LE4 bln due to exchange rate difference: Chairman
Business

EgyptAir loses LE4 bln due to exchange rate difference: Chairman

The total losses of EgyptAir Holding Company reached four billion Egyptian pounds during the first half of the current fiscal…
AUC ranked among world’s top universities, 5th in Arab region
Egypt

AUC ranked among world’s top universities, 5th in Arab region

(Correction: The following story was edited on March 19 to modify AUC's ranking to 5th in the Arab region, not…
23% increase in remittances from Egyptians expats in January: CBE
Business

23% increase in remittances from Egyptians expats in January: CBE

Remittances from Egyptian citizens working abroad rose by 23% in January to US$1.6 billion, compared to US$1.3 billion in January 2016,…
Bloomberg: Egypt’s economy is recovering, EGP climbs faster than expected
Egypt

Bloomberg: Egypt’s economy is recovering, EGP climbs faster than expected

The value of the Egyptian pound rose faster than expected, though optimism prevails among Egyptian businessmen societies recently, thanks to…
Will Smith visits Giza Pyramids with his family
Cinema/TV

Will Smith visits Giza Pyramids with his family

American actor and rapper Will Smith and his family visited the Giza Pyramids area on Sunday morning. Smith's visit is…
Federation of Tourism Chambers rejects increase in sites entrance fees
Egypt

Federation of Tourism Chambers rejects increase in sites entrance fees

The Egyptian Federation of Chambers of Tourism refused the hikes announced in ticket prices for museums and archaeological sites, Al-Borsa…
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Business

Only foreign investment can reduce the burden of public debt: Boutros Ghaly

Only foreign investment can reduce the burden of public debt because Egyptian investment will not be able to raise growth…
Egypt dispatches humanitarian aid to South Sudan
Egypt

Egypt dispatches humanitarian aid to South Sudan

Egypt dispatched food and medical aid on board a military aircraft to South Sudan on Thursday, according to a statement…
546 Christians flee from Arish to Ismailia: Coptic Church
Egypt

546 Christians flee from Arish to Ismailia: Coptic Church

The Coptic Orthodox Church said on Tuesday that a total of 133 Christian families, comprising 546 people, have fled from…
Egypt initiates second phase of restoration at Giza Plateau
Archaeology

Egypt initiates second phase of restoration at Giza Plateau

Egypt's Ministry of Antiquities said Tuesday that it initiated the second phase of restoring the Dream Stele of Thutmosis IV,…
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