Business Egypt


  • Egypt: A Real Reason for Investors to Shed Risk? Monday, 31 Jan 2011 | 11:35 AM ET
    People carry the coffin of Egyptian demonstrator Mustafa Samer, during his funeral in Cairo on January 29, 2011.

    The "Fast Money" traders caution against selling stocks on Egyptian unrest and flag two signs that could spark a sell-off.

  • On the Scene in Cairo: No Business, Just Tension Monday, 31 Jan 2011 | 10:52 AM ET

    As the seventh day of protests continue in Egypt, business is at a standstill, tourists and foreign students are abandoning the country and Cairo is at the mercy of vigilantes, CNBC reports.

  • Greenberg: Why Investors Should Skip the Middle East Monday, 31 Jan 2011 | 10:51 AM ET

    There are a handful of ETFs with exposure to Egypt and Mideast, but their trading volume is ridiculously thin with little in the way of assets under management.  And in the world of investing, thin equals dangerous because stocks can rise and fall in big swings on little volume.

  • Busch: Egypt's Risk for Bernanke and Fed Policy Monday, 31 Jan 2011 | 10:10 AM ET

    From riots to tighter monetary policy, food inflation will continue to drive global instability. Watch to see if foreign politicians and central bank governors begin to ramp up their criticism of the US Federal Reserve monetary policy that is perceived as a cause of the global inflation.

  • Egyptian Stocks Face Another 10% Plunge Monday, 31 Jan 2011 | 8:44 AM ET

    The Egyptian stock market will likely tumble another 10 percent before investors put some cash in and try to stage a rally, after which the benchmark index could regain a third of its losses, according to historical trends, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.

  • Protests in Egypt Expose Rift Between Rich and Poor Monday, 31 Jan 2011 | 7:36 AM ET
    Egyptian demonstrators shout slogans next to burning police vehicles in Cairo on January 28, 2011.

    Some accuse the Mubarak government of deliberately fanning class tensions to create demands for the restoration of its brutal security state. But such resentments have built up here for nearly a decade. The NYT reports.

  • Egypt Protests Negative for Growth: Nouriel Roubini Monday, 31 Jan 2011 | 6:15 AM ET
    Nouriel Roubini guest hosts Squawk Box on CNBC.

    Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.

  • European Shares Set to Fall on Egypt Worries Monday, 31 Jan 2011 | 2:13 AM ET
    Traders sit in front of their screens at the stock exchange in Frankfurt/Munich, western Germany.

    European shares were set to fall on Monday as concerns grew the Egyptian anti-government protests could spark instability elsewhere in the Middle East.

  • Egypt Woes Bring Global Food Inflation Fears to Fore Sunday, 30 Jan 2011 | 9:37 PM ET

    Egypt's leadership uncertainty is bringing another major economic story — global food inflation — to the fore as a key geopolitical event.

  • Protestors stand with a soldier as he waves an Egyptian flag on an army tank in Tahrir Square on January 29, 2011 in Cairo, Egypt.

    The U.S. dollar is finding a firmer footing in a flight-to-safety play and may do so as long as Egypt remains in turmoil. The path after that, however, is less clear.

  • Egyptian demonstrators demanding the ouster of President Hosni Mubarak throw fire bombs at police in Suez on January 27, 2011.

    Unrest in Egypt has replaced Europe's debt crisis as a flash point for markets, and any unfolding developments there will no doubt affect trading in the week ahead.

  • Stocks End Down More than 1% on Egypt Woes Friday, 28 Jan 2011 | 5:01 PM ET
    Davos 2011 - See Complete Coverage

    Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.

  • Gamal Mubarak’s Financial Crisis Advice Friday, 28 Jan 2011 | 4:46 PM ET
    Gamal Mubaraks

    One of the odder things that has come to my attention today is that back in February 2009, Gamal Mubarak (the son of soon to be former Egyptian leader Hosi Mubarak) met with a US Senator and gave his advice on how to address our financial crisis.

  • Food Riots: Is Bernanke Partially to Blame? Friday, 28 Jan 2011 | 4:00 PM ET
    Ben Bernanke, Federal Reserve Chairman

    As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.

  • Silver Gains Twice as Much as Gold Today Friday, 28 Jan 2011 | 3:57 PM ET

    Today, silver has been a better safe haven trade than gold. There's the same shape to the chart. But at 3 percent, the gain is twice that of gold.

  • Cramer: Egypt Speaks to Gold's Importance Friday, 28 Jan 2011 | 3:47 PM ET

    Plus, get calls on the Nasdaq’s pullback, Ford’s earnings and more.

  • Digital, Revolution, and the Digital Revolution Friday, 28 Jan 2011 | 3:34 PM ET
    An Egyptian demonstrator confronts riot police during a demonstration after the Friday noon prayer in Cairo on January 28, 2011, to demand the ouster of President Hosni Mubarak, 82, who has held on to power for more than three decades.

    Technology is the classic two-edged sword. In its broadest sense—as the knowledge or mechanism of achieving a result—technology is agnostic of its ends.

  • Egyptian demonstrators demanding the ouster of President Hosni Mubarak, gather around the national television building guarded by members of the Presidential guard in Cairo on January 28, 2011.

    Like the European debt crisis in 2010, the uprising in Egypt and other Middle East nations in recent weeks has raised the fear among investors that the markets could be in big danger if the crisis spreads.

  • Unrest in Egypt Fueling Rally in Gold Friday, 28 Jan 2011 | 3:10 PM ET
    A combo of pictures shows Egyptian demonstrators tearing a huge portrait of President Hosni Mubarak during a protest against his rule in the northern port city of Alexandria on January 27, 2011.

    Unrest in Egypt putting the fear factor back into the gold trade—at least for today.

  • Dennis Gartman: Best Oil Trade on Egypt Unrest Friday, 28 Jan 2011 | 1:55 PM ET

    Currency and commodities trader Dennis Gartman addresses how the Egyptian protests may impact oil, and how to trade it.