Al-Nasr Mining Company shares offered on stock exchange
The Extraordinary General Assembly of the Holding Company for Metallurgical Industries of the Ministry of Public Business Sector has agreed to offer 21.97 per cent of the capital of Al-Nasr Mining Company for the private sector on the stock exchange….
Train accident in Matrouh injures 38
The Ministry of Health and Population has announced that 38 citizens were injured with two in a critical condition when a train derailed on its way from Alexandria to Matrouh. The railway authority said in a statement: “Train No. 654…
Egypt’s military pensions raised, again
The Egyptian parliament has approved a draft law submitted by the government on amending some provisions of the retirement, insurance and pensions law for the armed forces, which aims to expand financial benefits for military personnel and their families. It…
Ethiopia boycotts Renaissance Dam negotiations in Washington
Ethiopia has announced that it will not participate in the negotiation round on the filling and operation of the Renaissance Dam set to be held in Washington, confirming that it has informed the US Treasury of its decision. The Ethiopian…
Egypt: Shortage in muscular dystrophy and hemophilia drugs
MP Hala Abu al-Saad has submitted an urgent statement to Prime Minister Mustafa Madbouly and Minister of Health Hala Zayed regarding the disappearance of drugs for muscular dystrophy and hemophilia from pharmacies in various governorates in Egypt. Abu al-Saad said…
Union Fenosa Gas pursues fine $2 billion fine against Egypt’s government
Union Fenosa Gas, the operator of the Damietta natural gas liquefaction station, has announced that it is pursuing a $2 billion fine against the Egyptian government, in implementation of the ruling issued by the International Arbitration Centre against the Egyptian…
Ousted President Hosni Mubarak dies
Ousted President Hosni Mubarak died on Tuesday in the Saudi-German Hospital in Cairo at the age of 91. Mubarak died four days after entering intensive care after his health deteriorated following surgery last month to remove a stomach tumour. General…
Tobacco prices increase, taxes imposed on electronic cigarettes
The Egyptian parliament has passed a bill submitted by the government to amend provisions of the value-added tax law aimed at raising tobacco prices and imposing taxes for the first time on electronic cigarettes. The bill stipulated that the fixed…
Duck loan to fight unemployment sparks outrage
The decision of the Governor of al-Beheira province to distribute ducks as loans to families in the governorate as part of the Productive Bahrawia Village initiative has sparked outrage on social media. The governor’s decision included the distribution of 1,700…
Eight men executed after mass trial
Egyptian security services have carried out the death sentence against eight detainees sentenced in case No. 165 of 2017 by the Alexandria Military Court. Human rights sources said that the lawyer and families of the convicts received calls from the…
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