Eni an Italian multinational oil and gas company said on friday it signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, following the Egyptian General Petroleum Corporation (EGPC) 2013 international competitive … read more
Egypt’s annual urban consumer inflation rose to an annual 9.8 percent in December from 9.1 percent the previous month, the official statistics agency CAPMAS said on Thursday. Inflation spiked in Egypt after the government slashed energy subsidies in July but … read more
Egypt President Abdel Fattah al-Sisi condemned the “terrorist act” targeting a French satirical newspaper that left 12 dead on Wednesday, pledging Cairo’s support to fight terrorism. The Egyptian leader expressed his condolences to his French counterpart Francois Hollande, the families … read more
On a recent morning I interviewed a homeless woman in Ramses, Cairo and then asked her if I could photograph her. She agreed and began to pose for me. “What are you doing?” yelled a woman close-by. “Are you taking … read more
Egypt’s GB Auto aims to invest $1.5 billion to build two new factories, its chief executive said, in a vote of confidence for the country’s political stability. Political turmoil has hammered Egypt’s economy since an uprising toppled Hosni Mubarak in … read more
Egypt’s President Abdel-Fattah El-Sisi has attended the Coptic Christmas mass to mark the first attendance ever made by an Egyptian president to the religious occasion. El-Sisi arrived at Saint Mark’s Coptic Orthodox Cathedral in Cairo’s Abbasiya district during the mass … read more
The Sohag Criminal Court on Tuesday sentenced the former deputy sheriff of the Saqalta Police Station to three years in prison, another police officer and two police corporals to life imprisonment in absentia, and eight other policemen to 10 years, … read more
The trial of Irish teenager Ibrahim Halawa, of Egyptian descent, will take place on Monday in a court at Tora Prison, the Irish Times reported. Halawa, a student at the Institute of Education in Dublin, according to the newspaper, has … read more
Business activity in Egypt expanded at its fastest rate in three months in December, a survey showed on Tuesday, with rising output and export demand bolstering a fragile economic recovery. The HSBC Egypt Purchasing Managers Index (PMI) for the non-oil private sector rose to 51.4 points … read more
Unknown gunmen shot and killed, on Tuesday, two Egyptian policemen guarding a church in southern Egypt, Al-Ahram’s Arabic news website reported. The incident took place just a day before Egyptian Coptic Christians are due to celebrate their Christmas. Security sources told Al-Ahram that the two men were … read more