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Suez Canal revenues reach USD 470.6 mn in August
Suez Canal revenues rose for the month of August to USD 470.6 mn from USD 447.1 mn in July,according to…
POLITICS + ECONOMICS
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Aswan court orders release of 24 Nubian protesters on EGP 1,000 bail
A court in Aswan ordered yesterday the release of 24 Nubian protesters on bail of EGP 1,000 each, the Associated…
Average yields on seven- and three-year treasury bonds drop
The average yield on seven-year treasury bonds plummeted yesterday to 15.5% from 16.692% at the last auction on 5 September,…
Cairo Governorate to legalize street vendors
Cairo Governor Atef Abdel Hamid wants to expand a plan that grants legal status to street vendors in some of…
FEI’s bakeries division wants to cut moochers a break
The Federation of Egyptian Industries’ bakeries division is working on a proposal mimicking the golden card system that would allow…
Subsidy recipients’ database to be updated by October -El Moselhy
The Supply Ministry’s update of the subsidy card holders’ database will be complete by next month, Minister Ali El Moselhy…
El Sisi signs off on shuffle of Maglis Al Dawla judges
President Abdel Fattah El Sisi ratified yesterday a shuffle of several judges at the Council of State (Maglis Al Dawla),…
Private sector wages rose 12.8% in 2016 –CAPMAS
Private sector wages increased 12.8%, with the average reaching EGP 2,680 per month in 2016, up from EGP 2,376 the…
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