Commercial International Bank (CIB) has signed a Medium Term Loan Agreement for EGP 530 million with Madinet Nasr for Housing & Development (MNHD), one of Egypt’s leading real estate companies, in order to finance the first phase of MNHD’s Tag Sultan project –located along the ring road and the extension of Al Thawra street.
Egypt expects revenue from the Suez Canal to more than double within the coming four years to more than $13 billion annually as it expands the waterway, Finance Minister Hany Kadry Dimian said.
An additional group of Egyptians in the Libyan-Tunisian border area have been evacuated, Egyptian Minister of Aviation Hossam Kamal said, adding that two flights transporting 500 Egyptians are slated to leave to Egypt on Monday.
Controversial TV programme Black Box has been taken off air on Sunday evening. The show's host, Abdel-Rehim Ali, accused business tycoon Naguib Sawiris of being behind the suspension. Sunday's episode was pulled by hosting Al-Qahira Wal Nas channel, which later announced the show had been suspended.
Egypt's interior minister said on Sunday that the deadly dispersal of two large protest camps by Muslim Brotherhood supporters last year will be remembered as an anniversary for policemen martyred in the line of duty.
The number of Egyptians who died from HIV/AIDs doubled between 2005 and 2013, rising from 500 to 1,000, according to a new report from UNAIDS.
Egyptian authorities have prevented the opposition Sudanese Broad National Front (BNF) led by Ali Mahmoud Hassanein from holding its second general convention which was supposed to take place in Cairo on Saturday under the title of “unity of the opposition to overthrow the regime and not to engage in dialogue with it”.
A U.S. Congressional delegation, headed by Republican congressman Darrell Edward Issa, has started a visit to the Egyptian capital Cairo for talks on latest developments in the Middle East region.
The Cairo Criminal Court will resume on Sunday the trial of ousted Islamist President Mohamed Mursi and 35 other defendants accused of espionage.
The Middle East and North Africa region received $2.5bn in funding from the International Finance Corporation (IFC), a World Bank affiliate, in 2013, said IFC General Manager Mouayed Makhlouf.
A police sergeant has been shot dead in Helwan on the outskirts of Cairo, Aswat Masriya reported.
US President Barack Obama discussed late Wednesday with Israeli Prime Minister Binyamin Netanyahu ongoing negotiations mediated by Egypt to reach common ground for a ceasefire, according to a statement issued by the White House.
One child was killed and two others were wounded when a rocket landed on their home in the Egyptian town of el-Mattallah south of Rafah, near the border with Gaza, security and medical sources told Reuters late on Wednesday.
A five-day extension of a Gaza truce appeared to be holding despite a rocky start on Thursday, fanning cautious optimism of progress in the indirect negotiations underway in Cairo between Israel and major Palestinian factions, including Hamas.
Police and military troops tightened their presence on the entrances of greater Cairo (including Cairo, Giza and Qalyubia) on Thursday ahead of protests that the Muslim Brotherhood called for staging on 14 August, which marks the dispersal of Rabaa al-Adaweya and Nahda sit-ins.
A Cairo criminal court will issue its verdict in the retrial of Hosni Mubarak on 27 September. The former autocrat is being tried on charges related to the killing of protesters in the January 2011 uprising. He started his testimony on Wednesday by defending his 30-year rule, and denying charges of ordering the killing of protesters.
The trial of an orphanage manager who was caught on tape violently beating children in his care is scheduled to begin on Wednesday at Omraneya misdemeanour court.
Police have clashed with dozens of Cairo University students, Al-Ahram Arabic news website reported. Students let off fireworks as they attempted to protest in Nahda square near the campus. The police responded with tear gas, forcing them to retreat back to the campus.
Nine alleged militants were killed by Egyptian army troops in North Sinai, announced army spokesman Mohamed Samir on Tuesday.
In their meeting on Tuesday, Egyptian president Abdel Fattah Al-Sisi and his Russian counterpart Vladimir Putin agreed to continue military-technical cooperation between the two states.
Egyptian President Abdel-Fattah El-Sisi arrived early on Tuesday in the Russian Black Sea city of Sochi for a brief visit upon an invitation by his Russian counterpart Vladimir Putin, state news agency MENA reported.
Coptsunited
A video outlining the terrorist attacks of the Muslim Brotherhood against the Coptic Churches.