Egypt
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
November 26, 2014
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
The International Monetary Fund (IMF) estimates that Egypt's budget deficit will reach about 11 percent of GDP in 2014/15, as…
Armed forces intervene to put out major fire in Fayyoum
November 26, 2014
Armed forces intervene to put out major fire in Fayyoum
A large fire broke out on Wednesday at the main electric station of Fayyoum governorate.Fire engines, as well as armed…
Islamist opposition to set on Friday protests as of dawn
November 26, 2014
Islamist opposition to set on Friday protests as of dawn
The government’s Islamist opponents said they are starting preparations for their massive protests planned for Friday as of dawn as…
Rights group condemns rejection of detention appeal by Mohamed Mahmoud protesters
November 26, 2014
Rights group condemns rejection of detention appeal by Mohamed Mahmoud protesters
A human rights group has condemned a court decision that turned down a challenge filed by two arrested during protests…
Cyprus eyes gas exports to Egypt via pipeline
November 26, 2014
Cyprus eyes gas exports to Egypt via pipeline
Cyprus and Egypt agreed on Tuesday to accelerate talks on the potential export of Cypriot gas to Egypt, once the…
Egypt central bank seen keeping rates on hold amid nascent recovery
November 26, 2014
Egypt central bank seen keeping rates on hold amid nascent recovery
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to ease and…
Egypt and UN to expand food aid in fight against child labour
November 26, 2014
Egypt and UN to expand food aid in fight against child labour
The World Food Programme pledged on Tuesday to expand an aid programme in Egypt that helps poor families keep their…
Slum inhabitants on the first day of the rain season: We wish summer was all year round
November 25, 2014
Slum inhabitants on the first day of the rain season: We wish summer was all year round
While Egyptians celebrated winter after a long summer where air conditioners and electric fans did not work due to frequent…
Lawyer: Steel tycoon Ahmed Ezz to request reimbursement on his govt fine
November 25, 2014
Lawyer: Steel tycoon Ahmed Ezz to request reimbursement on his govt fine
Hazem Rezkana, lawyer of business steel tycoon Ahmed Ezz, said his client would submit a request to recover LE45 million difference in…
US State Department agrees to impose restrictions on smuggling Egyptian antiquities
November 25, 2014
US State Department agrees to impose restrictions on smuggling Egyptian antiquities
Eight months after the signing of a memorandum of understanding between Egypt and the United States in order to protect…