Reuters Business activity in Egypt’s private sector excluding oil grew slightly in June, ending five months of contraction, though inflation and currency depreciation remain a concern, a survey showed on Sunday. The Emirates NBD Egypt Purchasing Managers’ Index rose to … read more
An Egyptian cargo ship run by a government company sank in the Red Sea early Sunday with 37 on board, an official source has told Al-Masry Al-Youm. The Taba, which was heading from Egypt’s Safaga seaport to Saudi Arabia’s Duba port, was … read more
By Mohammed Nosseir One of the many advantages of having a properly functioning democratic system is that heated elections are invariably followed by a period during which society settles down as winners get busy with the business of ruling and … read more
By Hossam Mounier A senior National Bank of Greece (NBG) official declared the bank’s activities in Egypt were unaffected by the ongoing Greek crisis, which has seen Greek banks temporarily shut down until Monday. The official, who preferred to remain … read more
MENA A total of 242.1 million cubic meters of water-saturated sand have so far been lifted at the New Suez Canal project, the new canal daily report said. The figure represents about 93 percent of the targeted 258 million cubic … read more
Egypt’s armed forces killed 205 militants in North Sinai during the past three days and since deadly attacks on security checkpoints on Wednesday, the armed forces spokesman said on Saturday. The Sinai-based militant group Ansar Bayt al-Maqdis conducted a string … read more
After a long delay, Egypt’s cabinet has finally endorsed four laws necessary for holding the country’s long-awaited parliamentary elections. Minister of Parliamentary Elections and Transitional Justice Ibrahim Al-Heneidy told parliamentary reporters that the laws are expected to be ratified by … read more
CAIRO: Luxor Security Directorate has incorporated a new system to evaluate traffic police officers’ performance through embedding surveillance cameras in their uniforms, Youm7 reported Saturday. Luxor, located on the east bank of Egypt’s Nile River, is the first Egyptian city … read more
Hot weather is expected to prevail on Sunday in Cairo and the Delta, with very high temperatures in Upper Egypt. Visibility will be low in the morning and low to middle-level clouds will appear, with mild northwesterly winds in the … read more
By Yousef Saba The Giza Criminal Court sentenced Saturday one defendant to death and another to life in prison, for forming a terrorist cell and possessing explosives intended to be used for harming the state. Mohamed Gamal Badawy was sentenced … read more