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EgyptAir operates 10 flights to bring home 2K pilgrims
State-owned carrier EgyptAir said it will operate Friday 10 flights to bring home around 2,000 pilgrims from Jeddah…
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…