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Business Egypt

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    The United States is suddenly competing for influence over its most stalwart ally in the Middle East, the Global Post reports.

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    Italy lifts the euro but China sinks the Aussie -it's time for your FX Fix.

  • Egypt begins its first round of presidential elections.

    Egypt’s next leader could be the well-known U.S.-based investor and market commentator, according to reports - although he denies any approach was made.

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    As protestors prepare to rally in Tahrir Square once again on Tuesday, the renewed anxiety about Egypt’s fragile political process serves a potent reminder that despite the election of a new President, the country’s power structure has yet to be fully defined.

  • A man holds a young child who has his face painted with the date twenty five as Egyptians gather in Tahrir Square to mark the one year anniversary of the revolution on January 25, 2012 in Cairo Egypt. Tens of thousands are gathering in the square on the first anniversary of the Arab uprising which toppled President Hosni Mubarak.

    Egypt’s stock market soared on Monday, following the official election of the country’s new president, Mohammed Morsi of the Muslim Brotherhood. In his first address to the nation, Morsi called for national unity as he sets about building a civilian administration for the country.

  • Egypt: End Peace With Israel?

    Radical Islamist Mohammed Morsi won Egypt's first election since Mubarak, and now he says he wants to "re-think" peace with Israel. Radio talk show host John Batchelor, offers insight.

  • Will There Be An Ongoing Power Struggle Between Military and Muslim Brotherhood?

    "We are going to see battles over the constitution in Egypt over the longer term but in the short term we could also see unrest in terms of how much power, Morsi actually has, and as we know the military have grabbed back a lot of powers," David Hartwell, senior middle east and North Africa analyst at IHS, told CNBC.

  • Inside the EgyptStock Exchange just before its reopening.

    Trade on Egypt’s stock market was suspended as stocks were surging on Monday but even so the market closed 7.6 percent higher, the first reaction to the announcement of Mohamed Mursi as Egypt’s new President. The surge places the index among the world’s best performers once again.

  • Islamist Leader Wins Egyptian Presidency

    Egypt's new president, Mohamed Morsi of the Muslim Brotherhood has called for national unity and will attempt to build a new civilian administration. Yousef Gamal El-Din has more on the implications of this win for the rest of the world.

  • Egypt begins its first round of presidential elections.

    A long-awaited announcement on Sunday afternoon declared Mohammed Morsi, the candidate of the Muslim Brotherhood’s political wing, as the winner of Egypt's first free presidential election.

  • Supporters of Egypt protesters demonstrate at Piazza della Republica (Republic's square) in Rome on January 31, 2011. European Union foreign ministers on Monday called on Egypt to embark on an 'orderly transition' leading the way to 'free and fair elections.' Some 100 people took part in the demonstration in Rome.

    Egypt's Muslim Brotherhood warned that a court ruling to dissolve the Islamist-led parliament and let Hosni Mubarak's former prime minister run for president is a move toward reversing the gains of the revolution.

  • Cashin Gets to 'The Greek'

    "I'm far more concerned about the elections in Egypt," says Art Cashin, UBS director of floor operations, discussing how the results of the elections in Greece will impact U.S. markets.

  • Supporters of Egypt protesters demonstrate at Piazza della Republica (Republic's square) in Rome on January 31, 2011. European Union foreign ministers on Monday called on Egypt to embark on an 'orderly transition' leading the way to 'free and fair elections.' Some 100 people took part in the demonstration in Rome.

    They toppled a pharaoh, but now the small circle of liberals, leftists and Islamists who orchestrated Egypt’s revolution say they realize they failed to uproot the networks of power that Hosni Mubarak nurtured for nearly three decades, the New York Times reports.

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    The Islamist candidate of the Muslim Brotherhood will face former President Hosni Mubarak’s last prime minister in a runoff to become Egypt’s first freely elected president, several independent vote counts concluded Friday morning, the NYT reports.

  • Egypt made history on Wednesday as it kicked off its first free presidential election and put its fragile democratic transition to the test. Just over 50 million eligible citizens are expected to cast their votes over the course of two days.

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    Amr Moussa, one of Egypt’s top presidential candidates, has reiterated his belief in free markets and told CNBC in an interview on Tuesday that the country needed to “open up”.

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    A preliminary count of votes for Egyptians living abroad has put Islamist candidate Abdul-Moneim Aboul-Fotouh in the lead, followed by left-leaning Hamdeen Sabahi .

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    Egypt votes for a new president on May 23 and 24, with a runoff expected later in June. Here is an overview of some of the major candidates of the 13 in the running.

  • The Egyptian Central Bank surprised observers after reporting an increase in foreign currency reserves for the first time since December 2010 earlier this week.

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    There always is a plethora of questions any stakeholder has for a presidential hopeful. For both local and foreign investors, those will often pertain to economic policies that will help the Arab world’s most populous nation out of its slump. But for most Egyptians and as a corollary the 13 presidential candidates in this month’s election, it’s not.