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Egypt fuel demand falls 5% a month after price hike
Fuel consumption rates in Egypt fell 5 percent in July, one month after cutting fuel subsidies under an IMF-backed…
Egypt’s Suez Canal reports record high $222.8 mln in FY2019 revenues
Egypt’s revenues from the Suez Canal for the financial year 2018/2019 rose to a record high 3.69 billion Egyptian…
EgyptAir operates 17 flights for 4,210 pilgrims to Saudi Arabia
State-owned carrier EgyptAir operated on Saturday 17 flights carrying 4,210 pilgrims to perform Hajj in Saudi…
Egyptian-American economist El-Erian elected UK Queens’ College president
Mohamed El-Erian, the chief economic adviser at Allianz and one of the world’s most widely followed economists, has…
British Airways cancels flights to Cairo for 7 days
British Airways and Lufthansa abruptly suspended flights to Cairo from Saturday over security concerns, but giving…
Egypt’s stock exchange unveils 23 July holiday
The Egyptian Exchange (EGX) announced that it will be shut on Tuesday, 23 July, on the occasion of 23 July…
IMF’s head Christine Lagarde resigns
Christine Lagarde has said she will step down as managing director of the International Monetary Fund (IMF).
Egypt inaugurates museum to honor late novelist Naguib Mahfouz
A museum commemorating the life and works of Egyptian novelist Naguib Mahfouz has opened in Cairo, nearly 13 years…
Egypt to sue following sale of $5.97mn Pharaoh Tutankhamun statue
Egypt has said that it will file a civil lawsuit after the sale of an ancient statue at auction last week. The…
Bookmakers expects Egypt’s Mo Salah might miss the year’s Ballon D’or award
The latest wagering odds released by the Betaland bookmakers have come up with surprising predictions that neither…