The International Finance Corporation (IFC), a member of the World Bank Group, has pledged up to $2 billion to Egypt in new investments over the next three years, underlining its support for the country's private sector, the IFC said in an emailed statement on Thursday.
President Abdel Fattah Al-Sisi issued on Saturday a number of decrees through which he made several changes in the high-ranking leadership of the Egyptian army, according to an official statement by the army spokesperson.
Egyptian President Abdel Fattah al-Sisi headed to Uganda on Sunday for a one-day official visit. The visit comes in response to an invitation from Ugandan President Yoweri Museveni, according to presidential spokesperson Alaa Youssef. It targets talks with the president and senior Ugandan officials over boosting bilateral ties. The talks will also tackle several African issues of joint interest.
An EgyptAir source said the prices of tickets for domestic flights increased between 15 to 30 percent after the flotation of the Egyptian pound in November, Al-Borsa News reported.
Egypt’s civil ‎aviation ministry said on Thursday that traces of explosives were found on the remains of the victims on the EgyptAir Paris-Cairo flight that crashed over the Mediterranean last summer. The investigative committee looking into the crash will refer the matter to the Egyptian general ‎prosecution, the ministry said in a statement on Thursday.
Mostafa Amin, general secretary of the Supreme Council of Antiquities, has ordered on Thursday security tightened at all archaeological sites and museums across Egypt in the wake of Sunday's deadly bombing in the Church of St. Peter and St. Paul in Cairo, which left 25 dead and more than 40 injured.
The ‘Egypt Can’ convention, a gathering of foreign-based Egyptian scientists at the Red Sea resort of Hurghada, started its first session on Wednesday in attendance of Egyptian Prime Minister Sherif Ismail.
China's yuan joined the International Monetary Fund's basket of reserve currencies in October alongside the US dollar, the euro, the yen and the British pound.
Abu Simbel archaeological area in Aswan received on Monday 620 tourists of different nationalities from European and east Asian countries, despite the bombing of Abbaseya Church in Cairo on Sunday, the director of Abu Simbel archaeological area, Hossam Abboud, told Al-Borsa News on Monday.
The Egyptian government has been given a 30-day deadline to present a new version of the Criminal Procedures Law before the parliament to speed up trial procedures in terrorism cases, the head of Egypt's House of Representatives legislative and constitutional affairs' committee was quoted as saying by state-news agency MENA on Tuesday.
The IS group has claimed responsibilty for the bombing at the St. Mark's Coptic Orthodox Cathedral in the Egyptian capital, Cairo, last Sunday.
EgyptAir has received its first Boeing 737-800 aircraft, which arrived at Cairo International Airport yesterday. Safwat Mesallam, chairman of EgyptAir Holding Company, said the plan of upgrading the EgyptAir fleet is targeting a total of 105 aircrafts by the end of 2020 and 156 aircrafts by the end of 2025.
The church is called the church of the martyrs because ‎since the beginning of Christianity the Egyptian ‎church has offered its children as martyrs," Pope Tawadros II ‎began the funeral service held on Monday for the victims of the bomb blast at the Coptic cathedral bomb a day earlier.
The bomb attack on Cairo’s cathedral complex on Sunday was carried out by a 22-year-old suicide bomber, President Abdel-Fattah El-Sisi said during an address at a state funeral for the 24 victims of the blast. El-Sisi named the man as Mahmoud Shafiq Mohamed Mostafa.
The pace of violence has returned to escalate again following a decline for a while, with three terrorist attacks, blown by terrorist groups against the Egyptian state. The first attack targeted a security checkpoint in Haram area, Giza, killing 6 policemen on Friday; secondly, an explosion hit a police vehicle in Kafr el-Sheikh governorate, on the same day, killing a citizen and injuring three policemen; and thirdly, a terrorist attack targeting Botroseya Church, in the vicinity of Saint Mark Cathedral on Sunday, killing 25 martyrs and injuring 53 people.
Twenty-three people were killed after an explosion inside a church attached to the Coptic Cathedral in Cairo early Sunday, one of the deadliest attacks on Egyptian Christians in years.
A bombing at Egypt's main Coptic Christian cathedral killed 25 people and wounded another 35 on Sunday, in one of the deadliest attacks carried out against the religious minority in recent memory.
Twenty-five people died and 49 others were injured in an explosion that rocked Saint Mark’s Coptic Orthodox Cathedral in Abbasiya on Sunday morning. Authorities believe the explosion was caused by an improvised explosive device (IED) containing 12kg of TNT, deliberately targeting Sunday worshippers.
The autopsy report for Magdy Makeen proves that his death was the result of torture, said lawyer Mohamed Osman on Wednesday.
Egyptian President Abdel Fattah al-Sisi said on Thursday that the country's currency, the pound, was not valued fairly against the dollar but that the exchange rate would reach equilibrium after a few months.
Mina M. Azer
The Coptic Christians are used to eat taro and reeds at the feast of Epiphany, which commemorates the baptizing of Jesus Christ in Jordan River.