CAIRO, April 18- Egypt's economy will grow by just 3.5 percent over the 2016/ 17 fiscal year, widely missing the government's target of 5.2 percent and dipping below last year's growth rate, a Reuters poll found. Egypt's fiscal year runs from July through June. "We expect this year is likely to be a tough one for Egypt owing to the short-term pain caused by the...
CAIRO, April 10- Egypt is confident of luring back millions of foreign visitors and putting a smile on their faces, according to its new tourism minister, despite heavy first quarter losses and setbacks including a bomb that brought down a Russian passenger plane. "I am very hopeful, optimistic about the future of tourism into Egypt," Rashed told Reuters in an...
CAIRO, April 8- Egypt's hard-currency crisis and competition from modern factories in Asia and at home threaten one of the last dyeing workshops in Egypt but one of its owners takes comfort in the trade's ancient resilience. Before those days, when protests in Tahrir Square raised high hopes of a bright future for millions of Egyptians, the small workshop used to...
SAN FRANCISCO, April 1- Egypt blocked Facebook Inc's Free Basics Internet service at the end of last year after the U.S. company refused to give the Egyptian government the ability to spy on users, two people familiar with the matter said. Free Basics, launched in Egypt in October, is aimed at low-income customers, allowing anyone with a cheap computer or smartphone...
The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a lot to offer investors.
Dennis Ross, Counselor at The Washington Institute and former special aide to the Obama administration, explains why Egypt's regional importance would make walking away a mistake for the U.S.
A criminal court in Cairo orders the release of ousted president Hosni Mubarak. Ayman Mohyeldin is live in Egypt with the details.
Middle-class protesters marching for the first time say the challenge for Brazilians is to keep alive the political spirit that was awakened in the last week, after decades of apathy.
Egypt's army chief said political strife was pushing the state to the brink of collapse - a stark warning from the institution that ran the country until last year, as Cairo's first elected leader struggles to contain bloody street violence.
Egyptians voted narrowly in favor of a constitution shaped by Islamists but opposed by other groups who fear it will deepen divisions, officials in rival camps said on Sunday.
Egyptians stood in line to vote on Saturday on a constitution promoted by its Islamist backers.
An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?
MILAN-- The Associated Press has withdrawn its story about Italy's Silvio Berlusconi in a Milan court today. Background in the story erroneously stated that former Egyptian President Hosni Mubarak was dead. Another Italy-Berlusconi story will be filed.
MILAN-- Silvio Berlusconi made a rare court appearance Friday to deny some of the more salacious accusations at the center of a sex scandal in Italy that has muddied his reputation. Berlusconi's declaration was spontaneous, a practice that Italy allows defendants and which does not have the weight of testimony.
GENEVA-- Switzerland has blocked almost 1 billion Swiss francs linked to rulers in four Arab Spring nations, a senior government official said Tuesday.
CAIRO, Oct 12- Egypt has no foreign military bases on its soil and has no plans to downsize its armed forces, said the military spokesman, rejecting media reports claiming so.
Conservative lending rules and red tape have long been blamed for holding back development of the mortgage sector in Egypt. Mortgage lending is equivalent to less than half a percent of gross domestic product in Egypt, compared to 13 percent in Morocco, according to a 2011 report on Africa housing by FinMark Trust, a body mainly funded by British government aid.
CAIRO, Oct 10- Egyptian stocks seem unlikely to resume this year's world-beating rally until the government shows how and when it will begin cutting fuel subsidies to rein in the budget deficit and secure a $4.8 billion IMF loan. A surge of more than 50 percent in Egypt's main share index.
*Egypt's Grand Mufti denounces edicts. *Muslim Brotherhood under pressure to take a clearer line By Shaimaa Fayed and Yasmine Saleh. Egypt's media, once tightly controlled by the state, has become a free-for-all platform for ideas, theories and advice, which can range from the ignorant to the bizarre and to what some see as outright dangerous.
By Shaimaa Fayed and Asma Alsharif. CAIRO, Oct 10- Business leaders voiced frustration with Egypt's government at an investment conference in Cairo this week, where officials pledged to revive an economy battered by political turmoil but offered few details on policy.