The Egyptian government launched a number of additional points of contact to link the two banks of the Suez Canal earlier this month as part of the state's efforts to develop the Sinai and enhance investment opportunities in the region.
President (...)
Ahmed Mostafa, head of the Mobile and Communications Division at the Chamber of Commerce in Alexandria, said that mobile trade has seen a decline in sales estimated at nearly 50% since the flotation of the Egyptian pound.
He told Daily News Egypt (...)
Egyptian British Automobile Manufacturing Co. (EBAM) is aiming to acquire new agency deals for minivan and pickup vehicles in Egypt and to enter the microbus market through its new vehicle, Zemex Star.
Mohamed Desouky, member of EBAM's board, said (...)
Fourteen million volunteers and 450,000 employees from around the world flooded social media with their smiling faces accompanied by the hashtag #ForEveryoneWhereverTheyAre on the occasion of this year's International Red Cross and Red Crescent (...)
United Bank reduced non-performing loans portfolio from EGP 6.1 billion to less than EGP one billion in the last three years till the end of last March, said Mohamed Ashmawy, chairman of the Bank.
Ashmway added in an interview with Amwal Al Ghad (...)
Egyptian Arab Land Bank (EALB) has settled EGP 700 million debts of some of the bank's faltering customers at the period from last September to last March.
Mohamed El-Atreby, chairman of EALB, told Amwal Al Ghad that the Bank's assets portfolio (...)
Federation of Egyptian Banks (FEB) considers assigning a committee to study the applications submitted from faltering factories to be refinanced if proven to be serious, said Tarek Amer, chairman of FEB and National Bank of Egypt (NBE).
Such a move (...)
MP Hamdi Al Fakharani, head of the privatization companies' defense, called on Dr Saad Al Katatni- PA's chairman- to cancel law no.4\2012; concerns the reconciliation with foreign investors in privatization companies' cases.
In his demand which (...)
Eighty-two percent of Al-Masry Al-Youm's online readers support barring elements linked to the previously-ruling National Democratic Party (NDP) from political activity, according to a new poll that ended Monday night.
Of the 3151 online readers (...)
Lawyers stepped up their protests on Tuesday, holding a demonstration outside the Lawyers Syndicate and blocking Ramses Street in downtown Cairo.
Meanwhile, more than 2000 lawyers shut down the North Cairo and Badrashein courts and prevented judges (...)
Egypt press reported the formation of an independent body for the development of Sinai, the end of the Hajj pilgrim's crisis, in addition to Mohamed El-Baradei's warning of the application of the single-vote electoral system because of the (...)
The families of lawyers Ehab Sai al-Din and Mustafa Fatuh, who were sentenced earlier this year to five years in prison for assaulting Tanta Chief Prosecutor Basim Abu al-Rus, have issued a plea to President Hosni Mubarak for the release of the two (...)
Aswan Governor Mustafa el-Sayid has decided to impose a one-month fishing ban on Lake Nasser beginning Friday. The ban also applies to all boats working in the ports of Aswan, Abu Simbel and Garf Hussein and is an opportunity for the lake's fish to (...)