Egypt’s budget deficit has increased to reach about 6.9 percent of GDyP (LE159 billion), compared to 6 percent (LE119.6 billion) during July-January 2013/2014, the Finance Ministry said on Monday. The monthly financial bulletin for February 2015 explained that the main … read more
Two people were killed and six others injured in a bomb explosion by anonymous assailants near the Nasr Mosque on the Nile Corniche in Aswan, state media reported. The bodies of the injured and dead people are currently being taken … read more
The French government loaned Egypt 3.2 billion euros to finance the recent multi billion-euro purchase of French military equipment, Egypt‘s president Abdel Fattah al-Sisi said in an interview on al-Arabiya TV on Saturday. Egypt signed an agreement this month to buy 5.2 billion euros worth of French weapons, … read more
The Cairo Criminal Court sentenced on Saturday Muslim Brotherhood Supreme Guide Mohamed Badie and 13 other group leaders to life in prison for inciting violence. Badie, his deputies Khairat al-Shater and Rashad Bayoumi and 15 other Brotherhood members were facing … read more
By THE CAIRO POST CAIRO: A decision to ban idling cars in Tahrir Square, as part of a strategy to improve traffic, went into effect Saturday morning, reported Youm7. Cars will be forbidden to wait on both sides of Talaat … read more
Egyptian satirist Bassem Youssef participated in Reddit’s AMA (Ask Me Anything). For those unfamiliar, Reddit’s AMA is a place where users are free to ask known figures whatever questions they would like answered. Youssef responded to a number of diverse … read more
President Abdel Fattah al-Sisi has said that the Muslim Brotherhood’s return to political activity depends on the public’s will which, he said in an interview, is bound to respond immediately. “That question should be directed to Egyptians and the public … read more
A 15-year-old girl was killed in North Sinai’s Rafah late Friday after a shell from an unknown origin hit her home, security sources said. Sources told Aswat Masriya the deceased girl’s sister was also injured in the shelling. She was … read more
Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7 percent in three years’ time, Finance Minister Hany Kadry Dimian said on Friday. The Arab world’s most populous country … read more
A Shubra prosecutor ordered on Thursday the detention of three men accused of killing a domesticated animal for four days pending investigations. A video went viral late Tuesday showing three men beating a strapped dog with knives and killing him. … read more