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Cabinet spokesman Alaa al-Hadidy said Tuesday that the government would not agree to an emergency loan with the International Monetary Fund.
"There will not be a 'fast' or emergency loan," Hadidy told reporters, adding that no...
Two British nationals were released just a few hours after being kidnapped on Thursday by Bedouin in Sinai.
The release followed negotiations with security officials, Police Chief Magdi Mussa told AFP.
"They have been released and are heading...
Egyptian protesters demanding the release of prisoners battled police in Port Said for a fourth day Wednesday, challenging state authority in the restive city at the northern end of the Suez Canal.
Violent demonstrations also broke out in Cairo,...
The sales tax on mobile phone use is set to jump to 20 percent up from 15 percent, according to Turkish Anadolu news agency.
On Tuesday, Anadolu quoted Tax Authority Chairman Mamdouh Omar as saying the tax hike would not include jumps in the price...
President Mohamed Morsy met with US Secretary of State John Kerry at Ettehadiya Palace in Cairo Sunday. The American official said the US would give Egypt US$190 million to support the government's budget, according to Reuters.
A presidential...
Sixty percent of Port Said commercial activity has been restored following recent violence, said Mohamed al-Masry, vice chief of the Federation of Egypt Chambers of Commerce and head of the Port Said Chamber of Commerce.
All bank branches in the...
President Mohamed Morsy flew to Berlin Wednesday morning, where he is expected to discuss economic relations and regional developments with German Chancellor Angela Merkel.
Amid ongoing unrest in Egypt, Morsy's visit was cut from two days to...
The General Authority for Supply Commodities at the Supply Ministry conducted a new international tender on Wednesday to import 180,000 tons of US wheat for the production of subsidized bread.
The required quantities shall be supplied from 11 to 20...
Central Bank of Egypt Deputy Governor Nedal al-Asar has denied reports that CBE Governor Farouk al-Oqda submitted his resignation to President Mohamed Morsy.
Turkish news agency Anadolu had earlier reported that Oqda informed President Mohamed...
The arrest powers that the president granted this week to the military only apply at polling sites on the days of the constitution referendum, Armed Forces spokesperson Ahmed Mohamed Ali told Turkish news agency Anadolu Thursday.
The power to arrest...
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