CBE locks deposit, lending rate
CAIRO: The Central Bank of Egypt (CBE) locked the interest rate of deposits and lending at 8.75 and 9.75 percent, respectively, Reuters reported Thursday. The decision was taken during a monetary...
View ArticleBanque Misr grants EEHC $525M loan for electricity services
CAIRO: Banque Misr will provide the Egyptian Electricity Holding Company (EEHC) a $525-million loan for enhancing and supporting the electricity services, Youm7 reported Thursday. The loan will be...
View ArticleDeath toll among Egyptian pilgrims rises to 6
CAIRO: The death toll among Egyptian pilgrims preparing to perform the annual event of Hajj in Saudi Arabia rose to six after an old woman died Thursday, according to the Ministry of Health. Hundreds...
View ArticleScrap workers arrested for slaughtering donkeys and selling meat
CAIRO: Security bodies in Beheira governorate arrested two scrap workers for slaughtering a number of donkeys and selling the meat, Youm7 reported Thursday. The security directorate in Beheira received...
View Article17 killed in 11th day of ‘Martyr’s Right’ operation: military spox
CAIRO: Seventeen alleged militants were killed and 62 suspects arrested in North Sinai Thursday, military spokesperson Mohamed Samir announced. On Thursday, the 11th day of the large-scale “Martyr’s...
View ArticleCustoms forces foil smuggling 39K EGP, 1377kg of copper
CAIRO: Customs forces in Sallum village, east of the border with Libya, foiled an attempt to smuggle Egyptian currency and copper, Youm7 reported Thursday. By searching a vehicle coming from Libya,...
View ArticleZamalek overcomes Semouha, to meet Ahly in Egypt Cup final
CAIRO: Reigning champions Zamalek reached the Egypt Cup final Thursday with a 4-3 penalty shootout victory over Semouha following a goalless draw. Zamalek, who secured the last two rounds of the cup,...
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IMF Staff Concludes Visit to Egypt
PRESS RELEASE: An International Monetary Fund (IMF) team led by Chris Jarvis visited Cairo during September 13–17, 2015 to review recent economic developments since the Article IV Consultation mission...
View ArticleMexico demands Egypt compensate Sahara Desert attack victims
CAIRO: Mexico’s foreign ministry has summoned the Egyptian Ambassador Thursday and demanded compensation for eight killed and six injured nationals who were touring Egypt’s Sahara Desert Sunday. The...
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Sign language debut at Azhar’s Friday prayers
CAIRO: Friday prayer and sermons were interpreted into sign language for the first time today at Al-Azhar Mosque for worshippers with hearing impairments. “Today is just the beginning, and within the...
View ArticleEgypt’s new cabinet with 16 new ministries sworn in by Sisi
CAIRO: Sixteen new ministers were sworn in Saturday morning in front of President Abdel Fatah al-Sisi at the Ittihadiya Palace, in the new cabinet headed by the newly appointed Prime Minister Sherif...
View ArticleDubai declares three day mourning over death of ruler’s son
ABU DHABI: Dubai announced a three day mourning period after the son of the Gulf emirate’s ruler passed away, the official state news agency WAM said on Saturday. Sheikh Rashid, eldest son of the Prime...
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Nabil Sadeq swears in as Egypt’s Attorney General
CAIRO: Vice President of the Cassation Court Nabil Sadeq was sworn-in Saturday as Egypt’s new Attorney General, after the position has been vacant since the assassination of Hisham Barakat in car bomb...
View ArticleThousands attend funeral of Gaddafi’s sister in Egypt
CAIRO: Thousands of people attended the Friday funeral of Atiqa Gaddafi, sister of late Libyan President Muammar Gaddafi, in Fayoum, southwest of Cairo, Youm7 reported. Atiqa died in Fayoum on...
View ArticleMinistry of Justice to apply equal wages to State Notary, Forensic Medicine
CAIRO: Minister of Justice Ahmed al-Zend has approved that employees of the Notary Authority receive equal wages to those of the Technical Advisers and Forensic Medicine Authority, Youm7 reported...
View ArticleYoung migrant child dead, 13 missing in sea off Greek island
LESBOS: A girl believed to be five-years old died and as many as 13 migrants may be missing at sea off the Greek island of Lesbos on Saturday, the Greek coastguard said. Nikos Lagkadianos, a coastguard...
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