Head of Nile TV Sacked for Airing Video on Morsi’s Achievements
Head of the state-owned Nile TV Mervat Mohsen was removed from her post on Sunday after the channel aired a video…
Egypt-Ethiopia Dam Impasse Remains As Talks Reach Dead-End
Egypt, Ethiopia and Sudan failed to reach an agreement in the tripartite negotiations regarding the construction of…
AUB Egypt: Total Dollar Remittances Hit $300 mln in 2013
In 2013, Ahli United Bank – Egypt (AUB) reported total dollar remittances worth US $ 300 million, the lender’s CEO…
Egyptian Takaful Renews MBSC’s Insurance Policy at EGP2.2bn
The Egyptian Takaful Insurance- Properties has renewed the insurance policy for assets owned by Misr Beni Suef…
Activists Alaa Abdel-Fattah, Mona Seif Receive Suspended Jail Sentence
The Giza Criminal Court on Sunday handed leftist activist Alaa Abdel-Fattah, his sister Mona Seif and ten more…
Egypt Shares Close Higher on Sunday, with EGP2.6 bln Gains
Egyptian stocks ended higher during the first session of this week with gains totaled EGP 2.6 billion backed by…
World Bank Extends Affordable Housing Program in Egypt Until Dec 2014
The World Bank has approved on Sunday the Egyptian government’s request to extend the lender’s Affordable Mortgage…
Egypt’s QIZ Exports to USA Attain $650mn in 11 Months
Egypt's exports of ready-made garments to the USA, as pursuant with the Qualifying Industrial Zone Protocol (QIZ),…
Allianz Inks Pact with Fawry and NBE to Facilitate Premium Payments
Allianz Insurance - Egypt has signed today a cooperation agreement with the electronic payment provider Fawry to…
OCI Reportedly Defaults in Paying EGP900mn Tax Arrears
Orascom Construction Industries (OCI), which is owned by Egyptian business tycoon Nassef Sawiris, has delayed in…