Latest in Tag: News Highlight
Latest in Tag: News

Egyptian ambassador, Abbas discuss latest developments in Palestine
Officials discuss Palestinian statehood and Al-Aqsa Mosque

NBE to fully automate risks management: Information Security director
Egyptian customersā trust in banking technology will increase when the banks offer services with high security standards, Abeer Khedr says
EGP 100,000 microfinance limit subject to 5% increase: EFSA chairman
Microfinance law is most important economic legislation issued since January 2011, claims Sherif Samy
Egypt joins Arab cyber security convention
Cooperation aims to prevent, investigate, and prosecute the use of the Internet to commit crimes

State of the currency exchange market
On the black market, the lowest selling price for the US dollar was EGP 7.15 while the highest prices ranged between EGP 7.57 to EGP 7.59.

Ansar Beit Al-Maqdis claim deadly Sinai attack
Egyptian militant group rebrand as āState of Sinaiā and could now be taking orders from ISIS, says analyst

Al-Sisi approves ā¬99m in loans, grants from EU and EIB
EU entities will give assistant packages to Egypt for sanitation project in Kafr El-Sheikh

Shoukry meets UN Syria envoy
Egyptian foreign minister emphasises political solution to Syria crisis
Egypt ādeeply concernedā over new rift between Hamas and Fatah
Abbas accuses Hamas of seeking to “destroy” Palestinian unity

Wheat stock sufficient until March: Supply minister
Egypt will receive 235,000 tonnes of wheat from France and Ukraine in December

Egyptian exports fall 12.52% month-on-month
October exports register $1.309bn

Terrorism is our common enemy: Lebanese minister
Lebanese interior minister meets Egyptian counterpart and Sheikh of Al-Azhar during Cairo visit
UNHCR expects refugee crisis as winter approaches
UN able to reach only 60% of refugees in Egypt needing assistance this winter due to lack of funding

EFG Hermes Q3 net profit exceeds EGP 100m
The investment bank registers a 46% increase in annual operating profits to EGP 247m
Egypt, Israel aware of mutual security needs: Israeli spokesman
Israel concerned over ABM pledge to ISIS, says Egypt conscious of security conditions

Banking Technology Summit kicks off with banks focusing on consumer security
Demand growing for mobile banking and electronic wallets, says NBE

Israeli navy fires on boat returning from Sinai
Palestinian state media says fishermen injured after Israel navy targeted boat
Ansar Beit Al-Maqdis pledge allegiance to āIslamic Stateā
The Sinai based militant group could lose local support if it begins to imitate the style of ISIS, says analyst
Postponement of Economic Summit met with conflicting reactions
Cairo University economics professor says instability of Gulf stock markets might be behind postponement

Mehleb updated on UN human rights review
Minister praises Egypt delegationās performance at UN UPR despite 300 recommendations

UAEās Aabar acquires 5.1% stake in Palm Hills Development
Deal reflects Egyptian real estate sectorās ability to attract regional and international investment, says Palm Hills
Prisoner at large in Kafr Al-Sheikh police station escape
Police caught three of four detainees who ran off following stampede

8 āterrorist elementsā killed in North Sinai operations: armed forces
Unlicensed vehicles, drug laden cars, and āterrorist element headquartersā destroyed on Saturday, claims army
International cooperation ministry denies receiving $1bn from Kuwait
Last aid to Egypt was $350m Saudi loan for electricity projects and promoting Saudi exports to Egypt, says ministry spokesperson

Egypt receives 300 recommendations in UN human rights review
UN members call for amendments to Protest and NGO Laws

OCI NV pursues dual listing in Egypt, UAE
Company is targeting to list on the two exchanges during the first quarter of 2015
Foreign reserves register $1.7bn year-on-year decrease in October
Octoberās figure marks the fourth consecutive increase in foreign currency since a decrease of around $60m from Mayās figure to June

Egypt faces UN human rights review in Geneva
UN states question Egypt on rights of assembly and association, torture, gender rights, and application of constitution

Orascom Construction to build $2.5bn-$3bn power plant in Egypt
The four-year project will be executed in cooperation with UAE-based IPIC
EBRD provides $30m to NBE for small business development
Loan follows $50m provided in December 2013