Egypt security forces kill three gunmen in raid on armed group
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Egypt security forces kill three gunmen in raid on armed group

CAIRO Dec 6 (Reuters) – Egyptian security forces killed three gunmen on Tuesday, the interior ministry said, in a raid on a hideout used by what it described…

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UPDATE 1-China signs 3-yr 18 bln yuan bilateral currency swap with Egypt
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UPDATE 1-China signs 3-yr 18 bln yuan bilateral currency swap with Egypt

“The position of the central bank is definitely increasing, with more firepower denominated in foreign currency to stabilise the Egyptian pound when needed. So this is definitely something…

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UPDATE 2-Egypt neatly increases etiquette duties as it seeks to quell imports
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UPDATE 2-Egypt neatly increases etiquette duties as it seeks to quell imports

Duties on cosmetics, dairy products, atmosphere conditioners, fans, refrigerators, x-ray ovens, electric shavers, perfumes and a host other products were increasing to 60 percent from 40 percent. Article…

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Palestinian President Abbas gets boost in Fatah association vote
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Palestinian President Abbas gets boost in Fatah association vote

RAMALLAH, West Bank, Dec 4 (Reuters) – Palestinian President Mahmoud Abbas kept a clever hold on his Fatah transformation in an election in that his loyalists remained widespread…

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Orascom arch executive stairs down- statement
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Orascom arch executive stairs down- statement

CAIRO Dec 4 (Reuters) – Orascom Telecom Media and Technology pronounced on Sunday a arch executive officer will step down and it nominated Tamer El Mahdi as his…

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UPDATE 1-Egyptian billionaire Sawiris in warn exit as Orascom CEO
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UPDATE 1-Egyptian billionaire Sawiris in warn exit as Orascom CEO

(Adds sum from statement) By Amina Ismail CAIRO Dec 4 (Reuters) – Egyptian billionaire Naguib Sawiris has quiescent as arch executive officer of Orascom and his emissary Tamer…

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Egypt’s long-awaited investment law to go before cupboard shortly
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Egypt’s long-awaited investment law to go before cupboard shortly

CAIRO Dec 4 (Reuters) – A breeze of a long-awaited Egyptian investment law directed during reviving a country’s economy and attracting unfamiliar investors will be sent to a…

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Yields arise on Egypt’s three, nine-month t-bills in weekly auction
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Yields arise on Egypt’s three, nine-month t-bills in weekly auction

CAIRO Dec 4 (Reuters) – Yields on Egypt’s three- and nine-month Treasury bills rose during an auction on Sunday, central bank information showed. Yields on a 91-day check…

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BRIEF-Medinet Nasr annals EGP 1.1 bln sales for November
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BRIEF-Medinet Nasr annals EGP 1.1 bln sales for November

Dec 4 (Reuters) – Medinet Nasr for Housing and Development : * Nov 2016 engaged sales EGP 1.1 billion compared to EGP 23.4 million in Nov 2015 Source:(bit.ly/2gCEnpD)…

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BRIEF-General Company for Silos and Storage appoints Kamal Abdel Hameed Hashem as halt chairman
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BRIEF-General Company for Silos and Storage appoints Kamal Abdel Hameed Hashem as halt chairman

Dec 4 (Reuters) – General Company For Silos And Storage Sae * Appoints Kamal Abdel Hameed Hashem as halt authority Source content ID: (bit.ly/2h1XRk6) Further association coverage: ©…

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