The cabinet's Social Development Fund allocated millions of Egyptian pounds to organizations run by former First Lady Suzanne Mubarak and her son Gamal, documents obtained by Al-Masry Al-Youm reveal.
The payments were made even though the (...)
Central Bank Governor Farouq al-Oqda said on Wednesday that the economy needs three to five years to achieve high growth rates, and that Egypt could become like the Asian Tigers with hard work and perseverance.
The governor had asked the Gold Mining (...)
Rami Lakah, a businessman who fled to Europe in 2001 and returned to Egypt recently, hasn't yet repaid the first installment of his debt to Misr Bank, informed sources have told Al-Masry Al-Youm.
The value of the first installment is LE125 million (...)