Egypt's President Abdel-Fattah el-Sissi has defended his recent decisions to partially lift subsidies on fuel, calling them a necessary "bitter pill."
Minister of Finance Hany Kadry Dimian has announced plans for Egypt to take on a policy of tax sharing internationally in an effort to protect the Egyptian taxpayer from double taxation. This is within the framework of government procedures to increase revenue and reform an exhausted economy.
Dr. Al Jaber’s meeting was held with the bank’s Board of Directors headed by Hesham Abdulla Al Qassim, Chairman of Emirates NBD Egypt, Mohamed Hadi Al Hussaini, Board Member Emirates NBD Egypt and Shayne Nelson, Group CEO Emirates NBD Group. The meeting was also attended by Giel-Jan M. Van Der Tol, CEO Emirates NBD Egypt, Abdulla Qassem, Group Chief Operating Officer Emirates NBD and Board Member Emirates NBD Egypt, Shahinaz Foda, Deputy Managing Director Emirates NBD Egypt, and Saod Obaidalla, Head of Onshore and Royal Accounts Emirates NBD Group.
Egyptians in Sohag queued up at a gas station to fill up before an increase in fuel prices was implemented on July 4.
The Supreme Council of Antiquities discovered an ornately decorated underground compartment dating back to the 11th dynasty, after looters set off a landslide in the village of Arabat-Abydos in Sohag.
Billionaire Naguib Sawiris and Beltone Financial Holding are studying the purchase of a 9.5 percent stake in EFG-Hermes Holding SAE, after attempts to buy more than twice that holding failed.
Egypt's President Abdel Fattah al-Sisi on Sunday defended a government decision to raise fuel prices as the authorities also slapped higher taxes on cigarettes and alcohol, state media reported.
Replicas of ancient Egyptian artefacts belonging to a Cumbria museum are being printed in 3D so schoolchildren can have the chance to handle them.
The Egyptian Popular Current announced on Friday that it will form a political party, according to state news agency MENA.
Egypt has seen a surge in arbitrary arrests, detentions and harrowing incidents of torture and deaths in police custody, Amnesty International said on Thursday in a press release.
A bomb exploded near a mosque in Giza on Thursday morning, no causalities were reported, security sources told the state news agency MENA.
Egyptian activists are mourning the death of April 6 Youth Movement member and graffiti artist Hisham Rizk who was found in Zeinhom morgue Wednesday after disappearing for a whole week.
A fact-finding committee formed by Egypt's former interim president Adly Mansour said it will visit Al-Qanater prison next week to investigate reports of the maltreatment and torture of female prisoners.
Egypt’s military said Saturday that devices it claimed it invented to detect and cure AIDS and hepatitis C need six more months of testing.
Revenues from Suez Canal hit a record $5.3 billion during the 2013-2014 fiscal year, Chairman of Suez Canal Authority, Lt. Gen. Mohab Mamish told Youm7 Wednesday.
Liberal and leftist groups have met to coordinate their demand for more parliamentary seats to be decided via party lists, Khaled Dawoud, spokesperson for the Constitution Party, said in a press statement on Wednesday.
Former British Prime Minister Tony Blair has agreed to advise Egypt's newly elected President Abdel Fattah al-Sisi on economic reform, the Guardian said on Wednesday.
Interior Minister deputy for information affairs Abdel Fattah Othman, said, “prisons have become hotels,” in response to accusation against the ministry of practicing torture and rape inside the prisons.
Prime Minister Ibrahim Mehleb ordered on Wednesday the formation of committee to demarcate borders between governorates.
In an effort to provide much-needed transparency, the presidency announced in a statement on Tuesday that the fund dubbed "Long Live Egypt" would have oversight from multiple government institutions.
“Minister of Defense Sedky Sobhy approved to hire Mohamed Samir Abdel Aziz as an official Spokesman for the Egyptian Military as a replacement for Colonel Ahmed Mohamed Ali starting from July 1,” the military announced on its official Facebook page Tuesday morning.
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