Egypt Pound Slips To Weakest In Almost Eight Years
Egypt's currency weakened on Tuesday to its lowest against the U.S. dollar since 2004, and traders and analysts…
Egyptian Teacher Sentenced For Cutting Girls’ Unveiled Hair
An Egyptian school teacher received a six-month suspended jail sentence on Tuesday for cutting the hair of two…
Egypt’s GB Auto Profit Drops On Hyundai Strike Fallout
Egyptian car sales network GB Auto blamed labour unrest at South Korean producer Hyundai on Tuesday for a 26.5…
UAE’s Dana Gas Reaches “In Principle” Sukuk Restructuring Deal
Dana Gas Co, the first UAE company to fail to meet a bond redemption, said on Wednesday it reached an "in…
Egypt Hopes Obama Will Work For Both Nations’ Interests
Egypt's presidency said on Wednesday it hoped re-elected U.S. President Barack Obama would work for the interests…
Romney Admits Defeat And Congratulates Obama
The former governor of Massachusetts Mitt Romney has admitted defeat in the US election with an emotional speech at…
President Barack Obama Defeats Romney To Win Re-Election
President Barack Obama has been re-elected to a second term, defeating Republican challenger Mitt Romney. With…
EBRD To Approve Financing For Egypt Before End Of Month
The European Bank for Reconstruction and Development (EBRD) will decide on a proposal to provide Egypt with…
Remco Announced Talks With NBE Over Debt Settlement
In a filling statement to the EGX, Remco for Touristic Villages Construction stated that it is currently in talks…
Draft Constitution Draft Diminishes Judiciary Powers: Supreme Judicial Council
On Tuesday, Egypt's Supreme Judicial Council held a meeting to review the draft constitution. During the…