The International Monetary Fund (IMF) expects a 4% growth for Egypt in the fiscal year (FY) of 2016/2017, according to the World Economic Outlook (WEO) for October 2016 entitled “Subdued Demand Symptoms and Remedies” on Tuesday. The IMF said that … read more
Al-Masry Al-Youm MP Elhamy Agena has been referred to the parliamentary Values Committee for questioning over his recent remarks on virginity tests for female university students. Agena called recently for medical examinations to be conducted on female university students on … read more
Two members of the Muslim Brotherhood were killed in a police shootout on Monday, including a senior leader in charge of the group’s “armed wing”, according to a statement released by the Interior Ministry early on Tuesday. The statement said … read more
While the Egyptian government has imposed extreme secrecy on the conditions surrounding the International Monetary Fund’s (IMF) loan, a few have been made public, specifically subsidy reform, the flotation of the Egyptian pound, and the application of the value-added tax … read more
By Salma AbdAllah CAIRO, Oct 3 (Aswat Masriya) – Three journalists who were arrested last week on charges of spreading false news have been subjected to torture while in detention, according to their lawyer Fatma Serag. Journalists Osama al-Bishbishi, Mohamed Hassan … read more
Al-Masry Al-Youm Giza Criminal Court has sentenced five suspects to 10 years of “rigorous” prison time for looting and burning the villa of deceased writer Mohamed Hassanein Heikal. Mohamed Shokry Ahmed, Ali Mohamed Fawzy, Mohamed Saleh al-Shabrawy, Gamal Farouq Qasem … read more
Chairperson of EgyptAir, Safwat Musallam, said on Sunday that the company will resume flights between Luxor and London after a year of suspension. Musallam said that flights would resume on 3 October, in a decision aimed at restoring the tourism … read more
Renowned TV presenter Amr Adeeb started the first episode of his new programme on Saturday on the privately-owned channel ONTV. Controversy erupted shortly after, as Adeeb had chosen to interview fugitive business tycoon and ally of former president Hosni Mubarak … read more
(Aswat Masriya) – Egypt’s Beltone Financial said on Sunday they expect the Central Bank of Egypt (CBE) to float the pound “within hours,” considering the president’s recent meeting with the CBE governor as a “final political endorsement” of the decision. The statement comes … read more
Egypt’s flagship airline EgyptAir is set to resume Luxor-London trips starting Monday following a one-year suspension of flights between the two destinations, a statement by the airline read on Sunday. EgyptAir’s chairman Safwat Mosalam said that the first flight – … read more