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The Cairo index lost 5.2 percent to 4,598 points, its largest one-day decline since November 2012. It broke below major technical support at the November low of 4,683. There is now no strong support above the 2012 low of 4,027.
Sentiment was already...
LONDON - MSCI, the most widely used equity index provider, prompted market fears about both Greece and Egypt on Wednesday, after demoting the former and then raising concerns about getting money out of the latter.
MSCI redesignated Greece an...
Egypt's most senior Muslim cleric, a leading voice of mainstream Sunni Islam across the Middle East, has condemned Shiites for engaging in "hateful sectarian strife" in Syria.
In a statement that highlighted a deepening rift in the...
Greece's government promised on Wednesday to relaunch a slimmed-down state broadcaster ERT in a matter of weeks after a firestorm of protests from journalists, trade unions and coalition partners over its sudden closure.
The government...
Egypt does not want war with Ethiopia but will keep "all options open," President Mohamed Morsy said on Monday, piling pressure to an ongoing dispute over the giant dam Addis Ababa is building across the Nile.
In a televised speech to...
KUWAIT - A Kuwaiti court sentenced a woman teacher to a total of 11 years in jail on Monday for insulting the emir, inciting regime change and insulting a religious sect via Twitter, two sources close to the case said.
Huda al-Ajmi, 37, is the first...
Families of Egyptians killed in protests that unseated Hosni Mubarak reacted angrily in court on Saturday when a judge trying the former president over the deaths barred their lawyers from taking part in the case.
Mubarak, 85, was brought into the...
Secretary of State John Kerry quietly acted last month to give Egypt $1.3 billion in U.S. military aid, deciding that this was in the national interest despite Egypt's failure to meet democracy standards.
Kerry made the decision well before an...
A prominent Egyptian blogger has begun a hunger strike in protest at his detention and to raise awareness of what activists say is a widening crackdown on dissent by President Mohamed Morsy and his Islamist-led government.
Ahmed Douma was sentenced...
ISTANBUL - An Egyptian tourist is in a critical condition after being hit by a police gas canister in a crackdown on anti-government protests in Istanbul on Friday, a doctors' association said.
The 34-year-old woman was undergoing an operation...
