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.» Read More
CAIRO, Oct 23- Egypt is not interested in importing gas via pipeline from Israel and instead is focusing on a plan to import liquefied natural gas, a top Egyptian state executive said on Wednesday. Israel's energy and water minister said this week that it could supply Egypt with gas through a pipeline that already links them.
LONDON, Oct 16- China's likely sale of sophisticated missiles to Turkey over the objections of its NATO allies might have angered Washington and other capitals, but it should not have been a surprise. China has tended to follow Russia's lead on the Middle East, sometimes appearing sidelined on issues such as Syria.
CAIRO, Oct 14- Morale in Egypt's tourism industry is at rock bottom; a summer of bloodshed has frightened away all but the bravest foreign visitors from Cairo and the pyramids, and things are little better in the Red Sea beach resorts.
CAIRO, Oct 10- Egypt criticised on Thursday a U.S. decision to curtail military and economic aid to Cairo after a crackdown on the Muslim Brotherhood, although Washington stressed it was not severing ties with its long-standing ally.
CAIRO, Oct 10- Egypt on Thursday criticised a decision by the United States to halt some military and economic aid to the army-backed government in the wake of a crackdown on the Muslim Brotherhood. Egypt is the second-largest recipient of U.S. aid after Israel.
*Deutsche, Citi to advise on London flotation-sources. DUBAI, Sept 17- DAMAC Properties, a privately held Dubai property developer, has hired two international investment banks to help arrange an initial public offering of shares in London and join a growing list of Gulf companies seeking overseas listings.
DUBAI, Sept 17- DAMAC Properties, a privately held Dubai property developer, has hired Deutsche Bank and Citigroup Inc to help arrange an initial public offer of its shares in London, two banking sources aware of the matter said. Deutsche Bank declined to comment, while a spokesman for Citigroup in Dubai was not immediately available for comment.
GIZA, Egypt, Sept 3- The pharaohs of Egypt's Fourth Dynasty knew what they were doing. By contrast, Egypt's rulers of the last 2-1/ 2 years have failed utterly to provide for a nation that is once again unsettled.
CAIRO, Sept 1- Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies to encourage them to continue investing in the country, the Petroleum Ministry said on Sunday.
*Egypt increasingly reliant on Gulf economic ties. CAIRO/ DUBAI, Sept 1- With the fall of the Muslim Brotherhood, Islamic finance has lost strong political support in the most populous Arab nation. The market share of Islamic banks in Egypt is only about 5 percent, well below estimates of roughly 25 percent in the developed Arab economies of the Gulf.
SHARM EL-SHEIKH, Egypt, Aug 26- At a cafe in the Red Sea resort of Sharm el-Sheikh, Mohamed was lamenting to a foreign journalist how Egypt's 2011 uprising had hurt his business because law and order had broken down.
*April 6 founder calls for "third voice" against "madness". CAIRO, Aug 23- Ahmed Maher's April 6 movement helped lead the uprising that toppled Hosni Mubarak in 2011. With Mubarak now out of jail, he says the revolution is back to square one, and could take a generation to prevail.
*Obama says re-evaluating ties with Egypt. CAIRO, Aug 23- Mass protests called by Egypt's Muslim Brotherhood mostly failed to materialise on Friday as the movement reeled from a bloody army crackdown on followers of ousted President Mohamed Mursi.
CAIRO, Aug 23- Egyptian troops and police stood ready in Cairo to foil Muslim Brotherhood plans for "Friday of Martyrs" protests against the army's bloody crackdown on followers of ousted President Mohamed Mursi.
*Army- backed government and Muslim Brotherhood in standoff. CAIRO, Aug 22- Egypt's former autocrat Hosni Mubarak was flown from jail on Thursday in a symbolic victory for an army-dominated old order that has overthrown and imprisoned his freely elected Islamist successor.
CAIRO, Aug 22- Deposed leader Hosni Mubarak awaited his release from jail on Thursday as Egypt emerged from a week of bloody turmoil when its army-backed rulers cracked down on ousted President Mohamed Mursi's Muslim Brotherhood.
*Army- backed government and Muslim Brotherhood in standoff. CAIRO, Aug 22- Deposed Egyptian leader Hosni Mubarak could leave prison on Thursday after a court ruling that further divided a country in turmoil since the army toppled Islamist President Mohamed Mursi seven weeks ago.
CAIRO, Aug 21- Egyptian leader Hosni Mubarak will leave jail as early as Thursday after a court ruling that jolted a divided nation already in turmoil seven weeks after the army toppled Islamist President Mohamed Mursi. Two groups of activists have already called for sit-ins in Cairo to protest against his expected release.
CAIRO, Aug 21- Deposed Egyptian leader Hosni Mubarak will leave jail as early as Thursday after a court ruling that jolted a divided nation already in turmoil seven weeks after the army toppled Islamist President Mohamed Mursi.
*Foreign financing gap has dropped to $5 bln from $19 bln. CAIRO, Aug 20- Egypt plans to avoid raising taxes or cutting spending but instead use billions of dollars in aid pledged by Gulf Arab states to spur the economy through new investments, Finance Minister Ahmed Galal said on Tuesday.