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Latest in Egypt


National Bank for Development aids the completion of new electricity plant

The National Bank for Development (NBD) called on banks holding Islamic licenses to participate in granting an Islamic loan of $120 million to the East Delta Electricity Production Company (EDEPC). Some of the banks expected to participate in the loan include Alwatany Bank of Egypt, the Egyptian Gulf Bank and United Bank. The loan’s period …

Daily News Egypt

Notary offices on week-long strike across Egypt

By Hend El-Behary Employees of notary offices throughout Egypt continued their strikes into the eighth day on Tuesday. The nationwide strike started on 15 July when protests began in Cairo, Beheira, Aswan, Monofeya, and quickly spread to the rest of the governorates across the country. Employees called the strike in response to the latest administrative …

Daily News Egypt