Govt to disburse 10% bonus to public business sector workers, excludes protesting workers
Egypt
October 30, 2015
Govt to disburse 10% bonus to public business sector workers, excludes protesting workers
The Cabinet responded to months-long protests by laborers demanding the 10 percent annual bonus announced by a presidential decree. The Investment…
Egypt’s market gains LE2 bn on Thursday, EGX30 inches up 0.4%
Business
October 29, 2015
Egypt’s market gains LE2 bn on Thursday, EGX30 inches up 0.4%
Egypt's stock market closed in the green zone on Thursday, as the benchmark EGX30 index inched up 0.38 percent to…
Israeli soldiers shoot 2 Palestinians dead, death toll 68
Middle East
October 29, 2015
Israeli soldiers shoot 2 Palestinians dead, death toll 68
The death toll among Palestinians involved, or allegedly involved, in the wave of knife attacks on Israeli settlers and troops…
US embassy invests US$45 mn in training Egyptian students
Egypt
October 29, 2015
US embassy invests US$45 mn in training Egyptian students
The US Embassy will invest US$45 million in supporting small-and medium-sized enterprises in Egypt as well as training students on…
Wael Ghoneim admits naivety in post-2011 outlook
Egypt
October 29, 2015
Wael Ghoneim admits naivety in post-2011 outlook
A young activist widely-credited for triggering Egypt’s 2011 uprising against former President Hosni Mubarak has said he had a naive…
Egypt’s bonds slip as economy remains shaky
Business
October 29, 2015
Egypt’s bonds slip as economy remains shaky
Egypt's bonds have been sliding hard and fast and the cost of insuring them against default has risen to levels…
Shawkan’s detention epitome of Egypt’s war on press: The Independent
Egypt
October 29, 2015
Shawkan’s detention epitome of Egypt’s war on press: The Independent
The detention of an Egyptian freelance photographer for more than 800 days without trial, three months beyond the legal custody…
Egypt’s market loses LE4.5 bn on Wednesday, EGX30 down 0.7%
Business
October 28, 2015
Egypt’s market loses LE4.5 bn on Wednesday, EGX30 down 0.7%
Egypt's market closed in the red zone for the third session in a row, as the benchmark EGX30 index Wednesday…
Runoffs a boring reenactment: Aswany
Egypt
October 28, 2015
Runoffs a boring reenactment: Aswany
Novelist Alaa al-Aswany, a vocal critic of President Abdel Fattah al-Sisi's government, has continued to attack the ongoing parliamentary elections,…
Egypt drops to 131st place in quality of business environment: World Bank
Business
October 28, 2015
Egypt drops to 131st place in quality of business environment: World Bank
Egypt has ranked 131st among 188 countries when gauging positive factors encouraging local and foreign investors to start a business,…