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Egypt’s Grand Mufti Allam denounces Pakistan mosque terrorist attack
Egypt's Grand Mufti Shawki Allam has denounced a terrorist attack on a mosque in southwest Pakistan that killed at…
Egypt’s unemployment rate falls 7.5% in Q2 – CAPMAS
Unemployment rate in Egypt fell 7.5 percent during the second quarter of the year from 8.1 percent during the same…
AlexBank first-half net profit grows 6.3%
Egypt’s AlexBank, part of Italian bank Intesa Sanpaolo, said on Thursday that its first-half net profits rose 6.3…
EALB looks into selling Long Beach Resort in Sokhna or Hurghada
State-run Egyptian Arab Land Bank (EALB) comparing between offers submitted by investors to sell either Hurghada…
World Bank: Egypt external debt rises to $106 billion as of end March
Egypt’s external debt rose to $106.2 billion at the end of March from $96.6 billion at the end of 2018, according…
Egypt’s state-run Eastern Co. rises cigarette prices
Egypt's state-owned top cigarette maker Eastern Company reported on Thursday an increase between 4.5 percent and 6…
Telecom Egypt’s second-quarter revenues rise 24%
Telecom Egypt's revenues rose 24 percent year-on-year to 6.6 billion Egyptian pounds ($397.5 million) during the…
Egypt’s c.bank likely to cut interest rates to 14.75%: Capital Economics
In the wake of a notable decrease of Egypt's inflation rate, with the state-run statistics agency CAPMAS unveiling…
Lifting fuel subsidies is urgent matter for states; IMF says
In a chart published on Wednesday, the International Monetary Fund (IMF) explained how lifting fuel subsidies was…
Egypt hopes 50,000 vehicles to be gas-run annually – minister
Egypt is looking to expand the use of gas as vehicle fuel and encourage citizens to turn their cars into bi-fuel…