Aswat Masriya EgyptAir will review the prices of its tickets next week in light of a decision by the Central Bank of Egypt to float the Egyptian pound on Thursday, Chairman of EgyptAir Holding Company Safwat Musallam said. In a … read more
Reuters A prominent Egyptian human rights lawyer said on Wednesday that airport security officials had prevented him from flying to France and told him he was under a travel ban. Malek Adly, a lawyer with the Egyptian Centre for Economic … read more
Egypt and Jordan will conduct joint military drills next week at Jordan’s Armed Forces/Arab Army (JAF) military fields, Jordanian news agency Petra reported. According to the news agency, a military source said that the drill will last from 5 to … read more
BREAKING NEWS: The Central Bank of Egypt informed the banking community earlier this morning that it has floated the pound to EGP 13.00 per USD 1.00. The EGP will initially be allowed to fluctuate in a 10% up / down … read more
The Holding Company for Water and Wastewater released a statement on Tuesday, announcing that it has halted operations in 35 water stations in five governorates due to the high levels of turbidity which were caused by floods, local media reported. … read more
Former Egyptian vice-president Mohamed ElBaradei released a long statement on Tuesday defending himself against what he considered a “smear campaign.” In a statement issued on his official Facebook page, ElBaradei defended himself against alleged “lies” in the Egyptian media about … read more
Al-Masry Al-Youm The Egyptian pound rose by LE2 against the US dollar on the black market on Tuesday, apparently strengthened by a decision to rationalize imports and cease trading in US dollars. The decisions were confirmed during a meeting between … read more
Egypt’s Alexandria Port Authority reopened on Wednesday two ports in the Mediterranean city following weather improvement after days of unstable conditions, state news agency MENA reported. The ports of Alexandria and Dekheila were shut down on Tuesday due to “bad … read more
Al-Masry Al-Youm Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost LE720. The average price of 21 carat gold was LE630, while 18 carat gold reached LE540 and 14-carat … read more
AP A rare TV interview with Egypt’s former chief auditor, who went on trial after publicly alleging massive government corruption, has been banned, the former state official said on Sunday. Hesham Genena, who was fired by President Abdel-Fattah el-Sissi after … read more