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Banks across Egypt offering CDs up to 30% per month

Banks across Egypt offering CDs up to 30% per month

Several banks operating in Egypt have recently launched Certificate of Deposits with lucrative monthly and annual returns. Here are the…
Egypt urges foreign resident to obtain exemption cards by June 30

Egypt urges foreign resident to obtain exemption cards by June 30

The Egyptian Interior Ministry announced in an urgent statement that the deadline granted to foreigners residing in the country exempted…
What is the Philadelphi Corridor and why does it matter?

What is the Philadelphi Corridor and why does it matter?

The Philadelphi Corridor – also known as the Salah al-Din Axis – is a narrow strip of land running along the Palestinian…
National Bank of Egypt launches instant international remittance transfer service

National Bank of Egypt launches instant international remittance transfer service

The National Bank of Egypt (NBE) announced on Thursday the launch of a new service for the instant reception of…
Egypt to build world-class hotels near Grand Egyptian Museum to attract tourists

Egypt to build world-class hotels near Grand Egyptian Museum to attract tourists

In an effort to lure more international tourists, Egypt is planning to build a number of world-class hotels in the…
Why is Egypt raising electricity prices despite new gas discoveries?

Why is Egypt raising electricity prices despite new gas discoveries?

Egyptian Cabinet spokesperson Mohamed al-Hommosany responded to an inquiry raised over increasing electricity prices even despite new natural gas discoveries,…
Egypt to lift fuel subsidies within 4 years: Official

Egypt to lift fuel subsidies within 4 years: Official

Egyptian Cabinet spokesperson Mohamed al-Hommosany announced that the government has devised a plan to gradually lift electricity subsidies within four…
Video: Egypt to increase prices of bread, electricity and petroleum products

Video: Egypt to increase prices of bread, electricity and petroleum products

Egyptian Prime Minister Mostafa Madbouly held a press conference on Monday, on the sidelines of his tour to inspect agricultural,…
Egypt’s Grand Mufti responds to statements from Zahi Hawass about Islam’s prophets

Egypt’s Grand Mufti responds to statements from Zahi Hawass about Islam’s prophets

Egypt’s Grand Mufti Shawqi Allam in an interview with the privately-owned satellite channel “Sada al-Balad” on Saturday said that not…
Egyptian doctors raise concerns over bill to lease government hospitals

Egyptian doctors raise concerns over bill to lease government hospitals

The head of the Egyptian Medical Syndicate, Osama Abdel-Hay warned that the draft law submitted by the government on leasing…
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