Aswat Masriya
Egypt’s foreign reserves rise to $31.125 bn
Economy
June 5, 2017
Egypt’s foreign reserves rise to $31.125 bn
The Central Bank of Egypt (CBE) announced Sunday that the country’s foreign reserves rose to $31.125 billion at the end…
Cairo Artist breathes life into human paintings
Art news
March 6, 2017
Cairo Artist breathes life into human paintings
At first glance, the Cairo art installation appears to be a mural in red and purple hues, of three people…
Egyptian exports jump by 25% in January: trade minister
Business
March 5, 2017
Egyptian exports jump by 25% in January: trade minister
Non-petroleum exports accounted for US$1.66 billion in January, compared to US$1.327 billion in January 2016, an increase of 25 percent, said Trade…
Agreement on Russian industrial zone in Egypt to be signed in May
Business
March 3, 2017
Agreement on Russian industrial zone in Egypt to be signed in May
The agreement to establish the Russian industrial zone in Egypt will be signed next May, the minister of trade and…
Egypt’s ex-president Mubarak denies killing protesters as final retrial begins
Egypt
March 2, 2017
Egypt’s ex-president Mubarak denies killing protesters as final retrial begins
Egypt's former president Hosni Mubarak denied on Thursday involvement in the killing of protesters during the 2011 uprising that ended…
Cairo is fastest-growing city worldwide in terms of population in 2017: report
Egypt
February 27, 2017
Cairo is fastest-growing city worldwide in terms of population in 2017: report
The population of Cairo is forecast to grow by 0.5 million in 2017 alone, to become the world's fastest-growing city.Euromonitor…
Egypt’s parliament approves cabinet reshuffle of 9 new ministers
Egypt
February 14, 2017
Egypt’s parliament approves cabinet reshuffle of 9 new ministers
Egypt's parliament has approved on Tuesday a cabinet reshuffle of nine new ministers, including education and transportation portfolios.The reshuffle saw…
Egypt’s economic transition could be ‘coming to a close’: IMF’S Lagarde
Business
February 14, 2017
Egypt’s economic transition could be ‘coming to a close’: IMF’S Lagarde
Egypt is making good progress in its economic reform program and the recent developments might be an indicator that the…
Three British trade missions visit Egypt to explore investment opportunities
Business
February 13, 2017
Three British trade missions visit Egypt to explore investment opportunities
UK Prime Minister’s Trade Envoy, Sir Jeffrey Donaldson, along with 40 delegates from British companies arrive to Egypt this week…
US dollar exchange rate continues decline
Business
February 9, 2017
US dollar exchange rate continues decline
The US dollar exchange rate has continued its decline in governmental and privately-owned banks, by 20 to 27 piasters (pt)…
Egypt’s foreign reserves rise to US$26.363 bn at end of January
Business
February 6, 2017
Egypt’s foreign reserves rise to US$26.363 bn at end of January
Egypt's net foreign reserves rose to US$26.363 billion at the end of January from US$24.265 billion as of the end…
Egypt announces that it will implement all airport security measures recommended by Russia
Egypt
February 3, 2017
Egypt announces that it will implement all airport security measures recommended by Russia
Egypt has implemented all security measures recommended by Russia in order to resume flights between both countries, the chairperson of…
Ultras Ahlawy to not commemorate Port Said stadium massacre anniversary due to police crackdown
Egypt
February 1, 2017
Ultras Ahlawy to not commemorate Port Said stadium massacre anniversary due to police crackdown
The Ultras Ahlawy group announced it will not commemorate the fifth anniversary of the Port Said stadium massacre, which takes…
Egyptian pound remains stable against US dollar
Business
January 30, 2017
Egyptian pound remains stable against US dollar
The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…
Trump says Christians in Middle East have been ‘executed in large numbers’
World
January 30, 2017
Trump says Christians in Middle East have been ‘executed in large numbers’
US President Donald Trump has declared his support for Christians "executed in large numbers" in the Middle East, two days…
Sisi approves launch of US$1.5 bln Saudi program to develop Sinai
Egypt
January 26, 2017
Sisi approves launch of US$1.5 bln Saudi program to develop Sinai
President Abdel Fattah al-Sisi has issued a decree approving the memorandum of understanding signed between Egypt and Saudi Arabia over…
HRW criticises placement of over 1,500 people in Egypt on terror list
Egypt
January 25, 2017
HRW criticises placement of over 1,500 people in Egypt on terror list
International watchdog Human Rights Watch (HRW) criticised the placement of hundreds of Egyptians on a terror list, in an official…
Unemployment rate among women exceeds 25%: Labour minister
Egypt
January 20, 2017
Unemployment rate among women exceeds 25%: Labour minister
Minister of Labour Mohamed Saafan said in press statements on Thursday that the unemployment percentage among women exceeds 25%, "which…
12 Red Sea islands protesters released on bail
Egypt
January 18, 2017
12 Red Sea islands protesters released on bail
A Cairo court judge decided Wednesday to release 12 individuals who were arrested for protesting at the Press Syndicate earlier…
Egypt offers Khaliji investors plots of lands seeking hard currency
Business
January 17, 2017
Egypt offers Khaliji investors plots of lands seeking hard currency
The Housing Ministry Tuesday offered land plots for Khaliji investors for sale against US dollarsover the upcoming three months, in…