Egypt’s budget deficit rose to 9.8 per cent of the country’s Gross Domestic Product (GDP) in the first ten months of the current fiscal year compared to 9.5 per cent during the same period last year, the finance ministry said. … read more
The State Lawsuits Authority (SLA) plans to appeal the State Council’s ruling on Tuesday that cancelled a maritime demarcation agreement which transferred sovereignty of the Red Sea islands of Tiran and Sanafir to Saudi Arabia in April, a judicial source … read more
Boxing is religiously prohibited: Egypt’s Mufti Egypt’s grand Mufti Shawqi Allam said that one can learn combat sport and be trained to practice it in a harmless way, but it is “religiously forbidden” to seek professionalism in a way that … read more
The State Council’s Administrative Court nullified on Tuesday Egypt’s recent maritime border agreement with Saudi Arabia. The ruling stated that the islands Tiran and Sanafir are sovereign Egyptian land. The lawsuit was filed by lawyer Khaled Ali and others challenging … read more
In another blow to Egypt’s traumatised tourist industry, British Airways has decided to abandon its route to the country’s main resort, Sharm el Sheikh. Like other UK airlines, BA suspended its service from Gatwick to Sharm el Sheikh on the … read more
Al-Masry Al-Youm Insurance companies have agreed to give US$25,000 to each family of the victims of the EgyptAir flight MS802 crash, as an interim payment for the full compensation to be paid to families, said Chairman of EgyptAir Holding Company … read more
Al-Masry Al-Youm Sabry al-Tawila, head of the medicine industry commission at the Pharmacists’ Syndicate, has submitted a list of medicines that have become cheaper globally due to a drop in raw material prices. Presenting the list to the Central Administration … read more
The average life expectancy of Egyptians has been estimated at 71.5 years, according to a study carried out by the Central Agency for Public Mobilization and Statistics (CAPMAS). The study, published on Monday, also indicated that the population spends a … read more
Kamal Tabikha The Trade and Industry Ministry has launched a new advertising campaign aimed at encouraging Egyptians to have more confidence in their own abilities in the realms of business and industry, partly in the hope that they will buy … read more
Hend El-Behary After the Cairo Court sentenced former president Mohamed Morsi to life imprisonment on Saturday, Qatar and Egypt have exchanged strongly worded statements, with the Qatari government condemning the Egyptian Judiciary’s version of Qatar’s involvement in the case and … read more