Guides & Analytics
UAE Arabtec Names CEO for Egypt Affiliate to Lead 1mln Housing Project
UAE-based Arabtec Holding announced on Wednesday the appointment of Sami Asad as Chief Executive Officer for its newly created subsidiary: Arabtec Egypt for Real…
Egypt’s Foreign Reserves Rose to around $17.420 bln in March- C.Bank Head
Egypt's foreign reserves rose to around USD 17.420 bln in March from USD 17.307 bln in February, central bank governor Hisham Ramez said in a late TV interview on…
Huge Earthquake off Chile Coast Sparks Tsunami
A major earthquake of magnitude 8.2 struck off the coast of northern Chile on Tuesday, causing five deaths and triggering a tsunami that pounded the shore with…
Asian Shares Extend Rally, Yen Hits 10-Week Trough
Asian share markets added to their recent rally on Wednesday as investors chose to accentuate the positive in a mixed bag of global economic data, tipping the…
US Not Postponing Return of Egypt’s Upgraded Army Helicopters: Embassy
The US Embassy in Egypt has denied that Washington is postponing the return of Egyptian army helicopters. The embassy on Monday dismissed “inaccurate reports”…
Probe Urged against Sisi’s Main Rival in Egypt Vote
Egypt's top prosecutor called for a probe into funds allegedly received by the only serious rival of ex-army chief Abdel Fattah al-Sisi in an upcoming presidential…
Egypt’s Fahmy, EU’s Ashton Discuss Ethiopia Dam
Egyptian Foreign Affairs Minister Nabil Fahmy spoke with EU foreign policy chief, Catherine Ashton regarding the Egyptian-Ethiopian strife over Ethiopia’s Grand…
Egypt Covers All Dollar Backlogs for Foreign Investor Repatriations
Egypt's Central Bank said on Tuesday it had covered the entire backlog of dollars owed to foreign investors seeking to repatriate funds from the country but did not…