Egypt
Verdict in Shura Council Events retrial on July 13
June 20, 2015
Verdict in Shura Council Events retrial on July 13
The Cairo Criminal Court will issue a verdict on the Shura Council Events retrial July 13 Two defendants had been sentenced…
Russian company proposes truck production in Egypt
June 20, 2015
Russian company proposes truck production in Egypt
The Russian Kamaz automotive company told Trade and Industry Minister Mounir Fakhry Abdel Nour at the Petersburg International Economic Forum…
UPDATE: Egypt earmarks $8 bn for fuel subsidies in 2015/2016
June 20, 2015
UPDATE: Egypt earmarks $8 bn for fuel subsidies in 2015/2016
Egypt has earmarked LE61 billion ($8 billion) for fuel product subsidies in the draft 2015/2016 budget, Tarek El Molla, chairman…
Fuel shortages return during Ramadan
June 20, 2015
Fuel shortages return during Ramadan
Fuel shortages have appeared again during Ramadan in several governorates, causing cars to line up at gas stations and clashes…
Wikileaks: Al-Shater agreed to release Mubarak in exchange for Gulf aid
June 20, 2015
Wikileaks: Al-Shater agreed to release Mubarak in exchange for Gulf aid
Wikileaks posted a document from the Saudi Foreign Ministry on Friday quoting an anonymous Egyptian official as saying that Khairat…
Saudi Arabia, Russia sign nuclear power cooperation deal
June 20, 2015
Saudi Arabia, Russia sign nuclear power cooperation deal
Saudi Arabia and Russia have signed an agreement to cooperate on nuclear energy development, a Saudi government body in charge of such…
Moderate weather in Cairo, Delta Sunday
June 20, 2015
Moderate weather in Cairo, Delta Sunday
Moderate weather is expected in Cairo and the Delta on Sunday, however the temperature will be hot in Upper Egypt…
Battawi’s family demands his release
June 20, 2015
Battawi’s family demands his release
The family of journalist Mohamed al-Battawi is staging a protest at the Journalists' Syndicate on Saturday afternoon to demand his…
Fitch affirms Egypt at ‘B’; Outlook stable
June 20, 2015
Fitch affirms Egypt at ‘B’; Outlook stable
Fitch Ratings has confirmed that Egypt's long-term foreign and local currency Issuer Default Ratings (IDR) received a 'B' with a…
Rafah crossing closed 1 week after opening
June 20, 2015
Rafah crossing closed 1 week after opening
The Border Crossings Authority at the Gaza Strip said the Egyptian authorities closed the Rafah landport Friday evening after it…