Egypt has secured US$10 billion from the United Arab Emirates as the first installment in the US$35 billion Ras al-Hikma deal. This inflow of funds came less than a week…
Sisi ratifies controversial law allowing foreigners to own Egyptian lands amid security concerns.
The state might have to renegotiate some debt servicing deadlines.
'As long as there is more demand than supply, the price of the pound will continue to decrease.'
The value of the Egyptian pound has declined steadily against the US dollar in recent days, reaching LE47.95 on Tuesday from LE…
Residents of Warraq Island shut down the New Warraq City Development Authority’s offices on Tuesday, blocking its entrance and bringing work to…
Egypt’s Finance Ministry said Tuesday that it had successfully issued sovereign sukuk worth LE3 billion, boosting state finances while “reducing the cost…
Two hundred former workers at Eastern Company have filed a lawsuit to halt the payout of proceeds from the sale of the…
The Egyptian pound has appreciated against the United States dollar over recent days, reaching its highest exchange value since the beginning of…
Governorate authorities began demolishing people’s villas and the local facilities that serve the Fardous tourist village — a beach compound in west…
«To many outsiders looking in, the seemingly resounding “yes” vote in Egypt’s recent constitutional referendum might suggest that, three years on from the January 25 protests…»
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