Hosni Mubarak

  • *FDI fell to $3 billion in year to June 2013. CAIRO, April 23- A new Egyptian law that prevents third parties from challenging contracts made with the government may encourage foreign investors but critics say it will increase scope for corruption.

  • CAIRO, April 22- Egypt will pay about $1 billion of the money it owes to foreign oil companies within the next two months, the state's MENA news agency said, quoting Oil Minister Sherif Ismail. Egypt says it owes some $6.3 billion to those companies.

  • In Egypt, a corruption watchdog hit by backlash Friday, 18 Apr 2014 | 12:48 PM ET

    CAIRO— Hesham Genena has created uproar by trying to actually do his job. The head of one of Egypt's foremost government oversight agencies, he says he has uncovered billions of dollars-worth of corruption, involving some of the country's most untouchable institutions, including the police, intelligence agencies, and the judiciary.

  • WASHINGTON, April 13- Egypt plans to boost electricity prices for the richest 20 percent of its citizens before the presidential elections at the end of May, as the country has' no time to waste' in starting reforms, the planning minister said.

  • CAIRO, April 10- Egypt's cabinet approved a draft investment law on Thursday that prevents third parties from challenging contracts made between the government and an investor, two government officials said, a move that could boost the struggling economy.

  • CAIRO, April 10- Egypt's cabinet approved a draft investment law on Thursday that prevents third parties from challenging contracts made between the government and an investor, two government officials said, a move that could boost the struggling economy.

  • *UAE backs Egypt military as bulwark against Brotherhoood.

  • *Hossam Shabib sentenced to death along with 528 others. CAIRO, March 26- Hossam Shabib says he has always been a respectable Egyptian doctor who served his community and stayed out of trouble.

  • 10 TH OF RAMADAN CITY, Egypt, March 25- Egypt's next president is likely to face a far more complex problem than cracking down on Islamists- meeting the demands of workers desperate for decent jobs and wages.

  • CAIRO, March 20- Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local businessmen believe he can deliver stability to open up investment opportunities in the most populous Arab nation.

  • AL-LAFITAAT, Egypt, March 16- Egypt's army says it is crushing Islamist militants in the Sinai Peninsula, but in the region's villages and towns a victory for the state feels a long way off.

  • Egypt tries harder to stop energy firm exodus Thursday, 6 Mar 2014 | 9:22 AM ET

    LONDON, March 6- Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa. But investors are hesitant- Egypt pays them barely enough to cover investment costs.

  • RPT-Coach blast knocks back Egypt's tourism recovery Thursday, 20 Feb 2014 | 9:54 AM ET

    *Red Sea resorts quiet but some cancellations coming in. By killing two holidaymakers near one of Egypt's biggest sea-and-sun resorts, the Islamist militants behind the attack have undermined Egyptian official assurances that foreigners face no threat from the turmoil that has shaken the country since the overthrow of autocrat Hosni Mubarak in 2011..

  • *Minister critical of Egypt's energy mix. CAIRO, Feb 10- Egypt will need to import an additional $1 billion worth of petroleum products and secure significant natural gas supplies as it scrambles to meet energy needs for the summer, Oil Minister Sherif Ismail has told Reuters.

  • CAIRO, Feb 6- Egyptian army chief Field Marshal Abdel Fattah al-Sisi has said he will run for president, a Kuwaiti newspaper reported on Thursday. In July, Sisi toppled Egypt's first freely elected president, Islamist Mohamed Mursi, after mass protests against his rule.

  • *Project off UK coast to ramp up more slowly than expected. By Sarah Young and Chris Vellacott. LONDON, Jan 27- Oil and gas firm BG Group warned that turmoil in Egypt would hit its output this year and next, weighing on future earnings and sending its shares plunging 15 percent.

  • DUBAI, Jan 27- Three years after the fall of Hosni Mubarak, Egypt's political future is uncertain but its economy may have stabilised enough to fuel a strong recovery of its financial markets this year.

  • LONDON, Jan 27- Oil and gas firm BG Group issued a profit warning and cut its production forecasts for this year and next, blaming turmoil in Egypt and sending its shares down as much as 15 percent.

  • UPDATE 1-Dubai retailer MAF to invest $2.3 bln in Egypt Wednesday, 22 Jan 2014 | 8:12 AM ET

    DAVOS, Switzerland, Jan 22- Dubai retailer Majid Al Futtaim, which holds the Carrefour franchise in the Middle East, plans to invest about $2.3 billion in Egypt in the next few years, its chief executive said on Wednesday, a sign of Gulf investors' growing interest in the Egyptian economy.

  • WASHINGTON, Jan 14- The U.S. Congress' new spending bill would restore more than $1.5 billion in military and economic aid to Egypt, which had been largely cut off after Egypt's military ousted President Mohamed Mursi last summer.

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