Egypt Independent Individuals will be able to obtain foreign currency from banks without restrictions by the end of 2017, Aswat Masriya reported a senior official at the Central Bank of Egypt (CBE) as saying on condition of anonymity. Aswat Masriya … read more
By Reuters An Egyptian lawmaker started collecting signatures on Sunday for a motion to extend presidential terms and lift restrictions on re-election – a year before general-turned-president Abdel Fattah al-Sisi’s first term is due to expire. As defence minister, Sisi … read more
By Reuters Egypt’s decision to float its currency can already be declared a success, but it will take time for investment flows to return and revive its battered economy, the Egyptian construction tycoon Samih Sawiris said. The central bank floated … read more
By Reuters President Abdel Fattah al-Sisi on Saturday ordered the government to take all necessary measures to help resettle Christians who have fled Egypt’s Northern Sinai after Islamic State (ISIS) militant group killed several members of the community. Hundreds of … read more
The governorate of Ismailia was crowded on Saturday after dozens of Coptic families arrived from Al-Arish City, North Sinai, fearing for their lives after threats by militants increased. Following the rise of militant operations that targeted Coptic citizens inside the … read more
Al-Masry Al-Youm Prime Minister Sherif Ismail has decided to postpone the decision to raise the fees for visas to Egypt until July, instead of March. Ramy Rizkallah, a member of the Committee to Promote Tourism to Sharm el-Sheikh Resort, welcomed … read more
Al-Masry Al-Youm Presidentialspokesperson Alaa Youssef has welcomed German Chancellor Angela Merkel’s scheduled visit for March 2, saying the visit will tackle the development of bilateral ties in all fields, which makes German the most important EU partner to Egypt. Youssef highlighted Egypt’s interests … read more
Egypt’s Foreign Minister Sameh Shoukry told his British counterpart on Saturday that the UK’s continued suspension of direct flights to Egypt’s Sharm El-Sheikh resort city was “unjustified and incomprehensible.” Shoukry made the comments during a meeting with the UK’s Foreign … read more
Hend El-Behary On occasion of the World Day of Social Justice, the Egyptian Initiative for Personal Rights (EIPR) released a set of data, in form of several graphs, showing how inequality between the rich and the poor in Egypt has … read more
Al-Masry Al-Youm Business tycoon Naguib Sawiris has been dismissed from the Free Egyptians party, which he founded, five days after he was referred to the party’s disciplinary committee for investigations following a press conference he held with members of the Board of … read more