economy
UK embassy launches EGP 47 million startup initiative ‘StartEgypt’
Business
November 23, 2017
UK embassy launches EGP 47 million startup initiative ‘StartEgypt’
The British embassy in conjunction with the International Finance Corporation launched on Thursday an initiative for start-ups worth EGP 47…
Domestic cigarette price hike starts Thursday: Eastern Tobacco Company
Egypt
November 23, 2017
Domestic cigarette price hike starts Thursday: Eastern Tobacco Company
Egypt’s largest cigarette manufacturer, the Eastern Tobacco Company, said on Thursday that a price hike on cigarettes produced by Egyptian-owned…
UK slashes economic growth forecasts for next five years, higher deficit
World
November 22, 2017
UK slashes economic growth forecasts for next five years, higher deficit
Britain has cut its official forecasts for economic growth, finance minister Philip Hammond said on Wednesday as he delivered a…
Sisi calls for unity amid terror threat to region
Egypt
November 22, 2017
Sisi calls for unity amid terror threat to region
President Abdel Fattah al-Sisi said Tuesday that terrorism is the greatest threat to the peoples of the Middle East, and…
Romania to resume direct flights to Egypt
Egypt
November 21, 2017
Romania to resume direct flights to Egypt
During a visit by a high-level Romanian delegation to Egypt, an agreement was signed which will see direct flights resumed between…
Hilton Worldwide plans Egypt expansion, sees pick-up in tourism
Egypt
November 15, 2017
Hilton Worldwide plans Egypt expansion, sees pick-up in tourism
Hilton Worldwide (HLT.N) aims to increase the number of hotel rooms it manages in Egypt by 40 percent by the…
Sherine banned from singing for ‘mocking Egypt’
Music
November 15, 2017
Sherine banned from singing for ‘mocking Egypt’
The Egyptian Musicians Syndicate has banned singer Sherine Abdel Wahab from performing in Egypt calling for her immediate interrogation after a…
Egypt’s debt up to LE 3.7 trillion: finance minister
Economy
November 15, 2017
Egypt’s debt up to LE 3.7 trillion: finance minister
Egypt’s Minister of Finance Amr El-Garhy said on Tuesday that the country’s internal and external debt totalled LE 3.7 trillion…
Egypt court ruling to reinstate ergot ban in wheat imports: lawyer
Economy
November 15, 2017
Egypt court ruling to reinstate ergot ban in wheat imports: lawyer
An Egyptian court on Tuesday effectively reinstated a ban on wheat imports containing even trace levels of the common grain…
Egypt, Saudi Arabia sign LE 250 mln deal to finance entrepreneurship, ride sharing projects
Egypt
November 14, 2017
Egypt, Saudi Arabia sign LE 250 mln deal to finance entrepreneurship, ride sharing projects
Egypt and Saudi Arabia signed on Friday two agreements with a total value of LE 250 million to finance Egyptian entrepreneurship…