News

Egypt reduces state budget deficit to 8.9 pct

Egypt’s Finance Ministry published late Tuesday a part of the financial statement on the draft budget for the new fiscal year 2015/2016, reducing the expected budget deficit to 8.9 percent of the gross domestic product. Egypt’s cabinet had approved a draft … read more

Two bombs explode in Egypt’s Fayoum; no deaths

Two improvised explosive devices detonated early Wednesday inside the Civil Registry Office in Fayoum, causing one injury and damaging part of the building, Al-Ahram Arabic news website reported. The Civil Registry Office is near a police station. Explosives experts searched … read more