News

Central Bank denies transferring funds to Morsy’s son

The Central Bank of Egypt filed a claim with the public prosecutor’s office Tuesday against a newly-founded daily newspaper that alleged the bank has transferred US$2.5 million to President Mohamed Morsy’s son. Privately-owned Al-Sabah reported that the CBE transferred the … read more

Metro workers on strike

Cairo metro drivers shut train services as part of a strike Wednesday to demand the resignation of the operating company’s chairman and his assistants, accusing them of corruption. The strike began Tuesday with preliminary protests at three metro stations and … read more