Youm7 celebrates receiving the Forbes Award at the Press Syndicate celebrated on Monday December 12. Youm7 received the Forbes Award for the second consecutive year, the prize for being the best Arabic electronic newspaper.
The head of the (...)
CAIRO: Egypt's military leader, Hussein Tantawi, will meet Thursday with members of an advisory council to appoint the council's president and discuss its work plan, sources told Youm7.
The sources also revealed the names of the council's (...)
The average exchange rate of the U.S dollar to the Egyptian Pound rose, according to a report by the Egyptian Central Bank. One U.S. dollar could be sold at 6.0345 EGP and could buy 5.9900 EGP.
One Euro could purchase 8.0080 EGP. 8.0682 EGP could (...)
Cairo International Airport will receive a German security delegation Tuesday to check the safety procedures and administration methods at the airport.
Next Sunday, an American security delegation will arrive for an annual inspection of safety (...)
The Standard and Poor's financial institution reduced Egypt's credit rating because of the country's unclear political scene and deteriorated economic conditions.
The institution revealed it reduced Egypt's long-term foreign and local currency (...)
CAIRO: Newly appointed Ukranian Ambassador to Cairo Yafheim Kelilinko arrived at Cairo International Airport on Tuesday to begin his duties.
The ambassador arrived with his wife on a Turkish plane from Istanbul. Egyptian authorities finished the (...)
CAIRO: Egypt's ruling military council is holding consultations to form a government national salvation government after accepting the resignation of Prime Minister Essam Sharaf's cabinet, military sources told Youm7.
The sources also said the (...)
The Supreme Council of the Armed Forces (SCAF) called on all political and national powers to solve the dilemma in Tahrir Square, and asked the cabinet to investigate the reasons behind these incidents.
Thousands of demonstrators have been (...)
The National Bank of Egypt today approved a grant worth U.S. $180 million to the Egyptian General Petroleum Corporation (EGPC) to export crude oil to the refineries.
The bank agreed last May to grant EGPC U.S. $180 million to provide diesel and (...)
CAIRO: Egypt's Supreme Electoral Committee has granted a request from the National Council for Human Rights to waive election-monitoring fees for non-governmental organizations.
The fee for permissions should be 5 EGP (U.S. $0.85) per monitor. (...)
Cairo airport received 99 deported Egyptians from Italy after they were arrested over the past few weeks for illegally entering the country.
The deported arrived on two flights. One flight came from Bari with 71 deportees protected by 51 security (...)
EgyptAir decided to resume flights to Libya in November after Muammar Gadhafi's death.
The chairman of EgyptAir's board of director, Hussein Massoud, said that the company will resume flights to Libya November.
Four weekly flights to Benghazi (...)
CAIRO: Egypt's January 25 Revolution did not have negative repercussions on the local economy, according to Cairo University economics professor Ahmed Ghonim.
Ghoneim said that the abandonment of work and production for one month as a result of (...)
Vice president of the National Center for Middle East Studies, Mohamed Mogahed, said that Egypt suffers from a political flood Wednesday. He said all political forces seek to mobilize followers and win the upcoming electoral battles for the (...)
CAIRO: A group of Egyptian political activists launched an invitation for a demonstration on Friday, October 28 titled, ‘Friday of revenge on remnants of the former regime.'
The demonstration was announced on the social networking site (...)
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New oases were discovered in the Western Desert's sand sea that include 3.07 million acres of arable land, according to Khaled Abdel Kader Ouda, a geology professor at Asyut University.
“We have been teaching our students (...)
Egypt's Central bank issued a report about direct foreign investment in Egypt declining to its lowest level in seven years at the end of the financial year of 2010-2011. Reports estimate the decline at U.S. $2.2 billion.
The report said direct (...)
CAIRO: Cairo airport authorities arrested Issa Ali Hussein today at Cairo International Airport. Hussein arrived on a Sudan Airways flight and was on an Egyptian watch list for drug violations.
Security source said that the fugitive escaped from (...)
The "Regulators Against Corruption" movement accused the former chairman of the Central Auditing Organization (CAO), Gawdat al-Malt, of corruption due to his position as a member on the privatization committee that oversaw under-valued (...)
The Egyptian Minister of Civil Aviation, Lutfi Kamal, accompanied the Minister of International Cooperation, Fayza Aboul Naga, and will open Port Said International Airport next Monday after the renovation processes that cost 40 million EGP (U.S. (...)
A Muslim Brotherhood (MB) delegation was on hand at the Cairo International Airport to welcome Turkish Prime Minister Erdogan to Egypt and thank him for his expulsion of the Israeli ambassador to Ankara.
Members of the MB chanted slogans and (...)
Turkish embassy guards are securing the arrival of Turkish Prime Minister Recep Tayyip Erdogan who will arrive to Cairo Airport at 10:15 pm Monday.
Erdogan's visit comes two weeks after the Turkish dismissal of the Israeli ambassador in Ankara in (...)
CAIRO: The Israeli Ambassador in Cairo and his assistants took an Israeli military aircraft from Cairo Airport to Tel Aviv in the early hours of Saturday morning.
Israeli Ambassador Yitzhak Levanon moved by an Israeli from the departure hall in (...)
Egypt's external debt increased U.S. $2.57 billion (15.3 billion EGP) to a total of U.S. $34.84 (207.54 billion EGP) billion US dollars last March, according to the Egyptian Central Bank's monthly report.
The report attributed the rise to rising (...)
The ruling Military Council, the Supreme Council of the Armed Forces (SCAF), has issued a decree to amend the local administration law by adding two articles, according to Minister of Local Development Mohamed Attiya.
The amendments will (...)