Business Egypt

  • ghonim_twitter_520.jpg


  • 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.

    Markets had a muted reaction to reports that Egyptian President Hosni Mubarak would step down, as the future path for Egypt is still uncertain.

  • Pimco's Mohamed El-Erian

    Pimco CEO Mohamed El-Erian shared his commentary on Egypt and the challenges that country faces restarting its economy as its future remains uncertain.

  • Commodities Tomorrow: Brent vs. U.S. Oil Prices

    With global oil prices diverging wildly, CNBC's Sharon Epperson talks about how traders can profit from the growing disparity between Brent crude futures and U.S. oil prices with Joe Raia, CME managing director for energy and metals products.

  • bernake_ben_testify_200.jpg

    Fed Chairman Ben Bernanke appears before the House Budget Committee Wednesday, in what promises to be one of the two most widely watched events of the trading day.

  • Rachid called it “paralysis in the country” for the short-term. Rachid expects the crisis to have “impact on growth numbers, production. And the faster we can go back to normality, the faster we can recover from that situation,” said Rachid. For the long-term, Rachid believes “this is going to be quite challenging.”

  • Egyptian demonstrators protest in central Cairo amidst tear gas fire by Egyptian police to demand the ouster of President Hosni Mubarak and calling for reforms.

    The protests in Egypt are unsettling regimes around the world as thousands of everyday Egyptians rise and declare that they want an end to President Hosni Mubarak’s 30-year rule. Time will tell if Mubarak’s regime really will collapse or be forced to undertake major reforms, but what is true is there are lessons for China's leaders as well as those through the Middle East.

  • NYSE_building_200.jpg

    Rising interest rates and commodities prices could easily turn from tail winds to head winds for stocks.

  • UK_parliament_souveneir_200.jpg

    Multimillionaire foreigners will find it easier to make a home in the UK under government plans to relax immigration rules for the ­super-rich. The Financial Times reports.

  • With Egyptian banks and jobs sites expected to open again on Sunday, Nassef Sawiris, CEO of Orascom Construction, told CNBC Friday, that the result of the riots is a "victory" for Egyptians and especially, the country's youth.

  • Diamonds

    With all the talk of 'regime elements' and wealthy businessmen fleeing Egypt, I've been thinking about gold and diamonds a lot lately.

  • Clouds form over the central business district on Cairns waterfront as Queenslanders brace themsleves for Cyclone Yasi on February 1, 2011 in Cairns, Australia.

    Beyond the devastating loss of life and livelihoods, why should we care about the impact of these Australian natural disasters? The answer is simple, and very clear on the rioting streets of Egypt: commodity price inflation.

  • Protestors chant as they ride on an army tank transporter in Tahrir Square on January 29, 2011 in Cairo, Egypt. Tens of thousands of demonstrators have taken to the streets across Egypt in Cairo, Suez, and Alexandria to call for the resignation of President Hosni Mubarak. Riot police and the Army have been sent into the streets to quell the protests, which so far have claimed 32 lives and left more than a thousand injured.

    Do you have the nerve for a major contrarian play in the equity markets: How about buying stocks with exposure to Egyptian instability when everyone else is scrambling for the exits?

  • An anti-government protestor holds a blooded Egyptian flag in Tahrir Square on February 3, 2011 in Cairo, Egypt.

    The Obama administration is discussing with Egyptian officials a proposal for President Hosni Mubarak to resign immediately, turning over power to a transitional government headed by Vice President Omar Suleiman. The NYT reports.

  • kenneth_cole_tweet_240.jpg

    Looks like Kenneth Cole's impolitic tweet about Egypt has become a flashpoint for brand cyber-toge.

  • The political protests taking place in Egypt have captured the attention of the world and spurred investor demand for exposure to this nation.  A report from TheStreet.

  • Kenneth Cole on Twitter

    Famously outspoken shoemaker Kenneth Cole says he writes all the tweets signed "KC" that come from the @KennethCole Twitter account.

  • An international oil tanker passes through the Suez canal in Ismailia, Egypt.

    In light of the political turmoil in Egypt and the possible threat to Suez Canal shipping, rising oil prices and a tightening oil market are concerns of the International Energy Agency (IEA), its executive director, Nobuo Tanaka, told CNBC Thursday.

  • Newspapers

    Joe Weisenthal, of Business Insider, sent out the following offhand tweet about an hour ago: "Pro tip: If you're on the ground in a riot zone, be sure to always sign off by describing the situation as 'fluid'"

  • 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.

    I wrote earlier about the difficulty in predicting the future structure and alliances of the Egyptian military. And of the fundamental unknowability of weather.