The fluctuating MENA oil prices weighed on the financial activity
Business
February 16, 2015
The fluctuating MENA oil prices weighed on the financial activity
The tumbling oil prices have had a key impact on the MENA region’s financial activity, especially with the failing to…
Egypt’s banks’ credit balances rose by 5.2% to LE30.4 bn during July/Nov 2014/15
Business
February 15, 2015
Egypt’s banks’ credit balances rose by 5.2% to LE30.4 bn during July/Nov 2014/15
Egypt's banks’ credit balances rose by 5.2 percent reaching LE30.4 billion ($3.98 billion) during July/November 2014/2015 compared to LE27.9 billion ($3.66 billion)…
CAPMAS: Trade balance deficit surges by 13.9% in November 2014
Business
February 15, 2015
CAPMAS: Trade balance deficit surges by 13.9% in November 2014
Egypt's trade balance deficit increased by 13.9 percent in November 2014 reaching LE26.46 billion ($3.47 billion) compared to LE23.26 bn ($3.05 billion)…
Experts torn on Egypt’s drop to USD in trade exchanges with Russia
Business
February 15, 2015
Experts torn on Egypt’s drop to USD in trade exchanges with Russia
The two-day visit of the Russian president Vladimir Putin to Egypt resulted in many pivotal outcomes, including dropping the use…
Mubarak regime making comeback in parliament
Egypt
February 10, 2015
Mubarak regime making comeback in parliament
Candidacy applications have only just begun in the run-up to the parliamentary elections and many people are already raising concerns…
17 Egyptian human rights organizations criticize the life-imprisonment verdict
Egypt
February 8, 2015
17 Egyptian human rights organizations criticize the life-imprisonment verdict
Human rights organization have condemned the mass sentencing of 230 defendants to life imprisonment, including the political activists Ahmed Douma…
New mummies discovered floating on an irrigation canal in Upper Egypt
Archaeology
February 4, 2015
New mummies discovered floating on an irrigation canal in Upper Egypt
Residents of Dier Mowass village in the Minya governorate were frightened to discover three wooden coffins floating on the surface…
Interview with Easy Taxi Egypt: App finds cabs
Egypt
January 28, 2015
Interview with Easy Taxi Egypt: App finds cabs
In the past, a taxi used to be a comfortable choice, but recently has become a frustrating affair. Not only…
Drop of Russian Ruble hammers Egyptian tourism
Business
January 19, 2015
Drop of Russian Ruble hammers Egyptian tourism
The Tourism Ministry decided last Thursday to exempt the Russian tourists from paying the US$25 Egyptian visa in order to promote…
38th anniversary of bread uprising, workers’ rights still in limbo
Egypt
January 19, 2015
38th anniversary of bread uprising, workers’ rights still in limbo
Surrounded by security personnel, as few hundred bread distribution workers protested on Sunday outside the cabinet demanding permanent contracts. They…