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  • Sisi signs law on establishing Upper Egypt development authority

    Sisi signs law on establishing Upper Egypt development authority

    Date: 2018-07-17 16:46:51 GMT - Egypt - Egypt - SN:14 - ID:7493348

    President Abdel Fattah El Sisi on Tuesday signed Law No 157/2018 on establishing the Upper Egypt development authority whose bill was approved by parliament. The law stipulates establishing a public service body under the name " Upper Egypt ....

  • CBE expects remittances of Egyptian expats to record $26bn by end of FY 2017/2018

    CBE expects remittances of Egyptian expats to record $26bn by end of FY 2017/2018

    Date: 2018-07-17 15:17:17 GMT - Egypt - Economy - SN:13 - ID:7493195

    The Central Bank of Egypt (CBE) expected on Tuesday remittances of Egyptians abroad to hit a high record of $26 billion by the end of the 2017/2018 fiscal year. In a statement, the CBE said that the remittances of Egyptians working abroad ....

  • Bourse loses EGP 11.7bln, indexes fall back

    Bourse loses EGP 11.7bln, indexes fall back

    Date: 2018-07-17 14:35:26 GMT - Egypt - Egypt - SN:12 - ID:7493107

    The Egyptian Exchange indexes posted collective losses at closing on Tuesday, prompted by selling operations by Arab and foreign investors. The market capital of companies registered at the bourse lost EGP 11.7 billion to reach EGP 866.5 billion ....

  • Cairo Metro driver investigated over allowing child into cockpit

    Cairo Metro driver investigated over allowing child into cockpit

    Date: 2018-07-17 13:45:43 GMT - Egypt - Egypt - SN:11 - ID:7492983

    An underground metro driver who allowed a child to accompany him at the cockpit is being investigated, the head of the Egyptian Company For Metro Management and Operation said. In a statement on Tuesday, Ali Fadali said the image of the driver ....

  • Speaker: New law reducing pensions of PM, Speaker, ministers

    Speaker: New law reducing pensions of PM, Speaker, ministers

    Date: 2018-07-17 13:30:56 GMT - Egypt - Egypt - SN:10 - ID:7492949

    Speaker of the House of Representatives Ali Abdel Aal on Tuesday said that amending a law on financial dealings for House Speaker and Prime Minister along with ministers is aimed at easing financial burdens on the State's budget. The remark was ....

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