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Raised interest rates won’t harm industry in the long run, says Kabil
The CBE’s decision to hike interest rates by 200 bps last month will not harm industry in the long run,…
Politics
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Banks cover USD 35 bn in imports since EGP float
The banking sector has covered USD 35 bn in imports since the EGP was floated back in November until May…
Customs exchange kept unchanged rate at EGP 16.50 to the USD in June
The Finance Ministry kept the customs exchange rate unchanged at EGP 16.50 per USD 1 for June, Minister Amr El…
Opposition groups sign petition supporting Ali
A number of opposition groups locally have voiced their support for Khaled Ali in the presidential elections slated for next…
Cairo court postpones first session in lawyer Khaled Ali’s trial to 3 July
A Cairo court adjourned the first session of lawyer Khaled Ali’s trial to 3 July, Ahram Online reports. Ali is…
Rights lawyer Khaled Ali trial begins today
The opening session in the trial of human rights lawyer and former presidential candidate Khaled Ali’s trial on charges of…
Rights lawyer Khaled Ali referred to trial next week, released on EGP 1,000 bail
Human rights lawyer Khaled Ali will be standing trial on 29 May for charges of offending public morals with an…
Parliament questions math on fuel subsidies allocations
The House of Representatives’ Budget Committee seems to think that the EGP 110 bn the state earmarked for fuel subsidies…
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