Latest in Egypt Highlight
Latest in Egypt
By Islam Serour President Mohamed Morsy announced Sunday a $2 billion loan from Qatar to the Central Bank of Egypt (CBE), after meeting with the Qatari Emir Sheikh Hamad bin Khalifa Al-Thani in Cairo. In his first visit to Egypt Khalifa Al-Thani agreed to supply the Egyptian economy with the foreign currency deposits to bolster …
Okasha is known for his controversial statements and criticism of the Brotherhood.
In an unexpected and unprecedented move, President Mohamed Morsy has sacked the country’s top military officials, Field Marshal Hussein Tantawi
The Egyptian military reported it had killed 20 so-called terrorists on Friday and arrested six
Human rights delegation visited prison after a complaint filed by Gamal Mubarak alleged poor conditions
Egypt played an important role in easing the tensions between Sudan and South Sudan
Morsy sacks Tantawi and Anan, reshuffles SCAF, reverses constitutional decree
Evidence of the attackers comes to light as the army reinforces troops and tanks in North Sinai
By Asmaa Nabil The Central Bank of Egypt (CBE) is to issue treasury bonds today valued at EGP 4.6 billion. The first treasury bond is valued at EGP 1 billion, to mature in 91 days, and the second is valued at EGP 3.5 billion to mature in 266 days. The Ministry of Finance (MOF) also …
By Walid Abdelazeem The National Bank of Egypt (NBE) revealed that by the end of 2011, the bank will have financed small and medium enterprises (SMEs) to a total amount of EGP 1.5 billion. Director of SME Finance Department at NBE, Soha Soliman, stated that funding for the SMEs portfolio amounted to EGP 3.3 billion …
The Council Director of the New Cairo District, Kamal Fahmi, revealed that 13 real estate development companies have benefitted from the financing leeway put in place during Prime Minister Ganzouri’s tenure, the facilitation for settling the outstanding debts for the lands acquired by the city. Fahmi stated that 13 companies paid EGP 500 million, which …
By Mohamed Radwan The Ministries of Communications and Transportation plan to restructure the transportation system in Egypt by launching an Intelligent Transportation System (ITS) in a number of Egyptian governorates. Preliminary cost estimates put the project at EGP 1 billion to be implemented over two phases. A Ministry of Communications official said that the Ministry …
The Emir of Qatar, Sheikh Hamad bin Khalifa Al-Thani, visited Cairo for the day Saturday to congratulate President Mohamed Morsy on his recent election victory. It was the first time the Emir had visited Egypt since Morsy took office. After they met with Egyptian officials, the Emir and his delegation attended an iftar hosted by …
The Central Bank of Egypt (CBE) announced that the primary annual inflation rates in Egypt declined by 6.34 percent last July, compared to 7.04 percent last June. In a statement last Thursday, CBE announced that the monthly inflation rate increased to 0.58 percent last July, compared to 0.28 percent the preceding month. The inflation indicator …
Spokesman for Egypt’s Constitutional Assembly, Wahid Abdel-Maguid, has announced the assembly will conclude the drafting of articles in September and will then have the drafting committee vote on them. He also told Shorouk newspaper that the constitution would then be adopted in the event of a consensus or voted on if contentious issues arise. He …
The last article in the Hesham Qandil’s cabinet-examining series, by Ahmed Aboul Enein
A new report recommending the release of more military detainees to be presented to Morsy on Sunday
Government closes Rafah border, Military equipment moved to Sinai, following last week’s attack
Hesham Qandil is the first official to discuss the electricity crisis in public, says Egy-News
The Egyptian Shura Council appointed editors to prominent state newspapers on Wednesday
Shots were heard outside the presidential palace in the Heliopolis neighborhood of Cairo on Wednesday night at 10.30pm.
Khaled Salah accusing Freedom and Justice party of inciting protesters against Media practitioners
a Canadian student arrested in Sinai on suspicion of involvement in an ambush that killed 16 soldiers.
The fact that a quarter of ministers in Prime Minister Hesham Qandil’s cabinet remain in posts they held in his predecessor Kamal El-Ganzouri’s cabinet is only the tip of the iceberg
Head of intelligence service widely criticised for remarks to Turkish news agency
The president sacks key security and government officials
The raids followed further attacks on security checkpoints on Tuesday night, this time near Al-Arish.
Over the last month emergency rooms and intensive care units (ICUs) have been subject to a series of violent attacks
Gamal Eid, the executive director of the Arab Network for Human Rights Information speaks with DNE
Al-Sawah was detained in Guantanamo in early 2002, and accused of being affiliated with Al-Qaeda