GO
Loading...

Hosni Mubarak

More

  • Egypt turns to army in war on unemployment Tuesday, 20 May 2014 | 1:00 AM ET

    CAIRO, May 20- Since toppling the Muslim Brotherhood from power last year, the Egyptian army has turned its substantial economic firepower on another perceived threat to the country's stability: unemployment.

  • Sisi warns Syria risks becoming another Afghanistan. *Says will take Egypt two years to recover from turmoil. CAIRO, May 15- Abdel Fattah al-Sisi, the general who ousted an elected Islamist president and is set to become Egypt's next head of state, called on the United States to help fight jihadi terrorism to avoid the creation of new Afghanistans in the Middle East.

  • Egypt national elections offer hope: EFG co-head Wednesday, 14 May 2014 | 7:03 AM ET
    Abdel-Fattah el-Sissi

    The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a lot to offer investors.

  • CAIRO/ OSLO, May 12- Egypt has secured a means of importing liquefied natural gas that will help it address an energy crisis, although the LNG import terminal to be provided by a Norwegian firm will not be in place in time to ease painful gas shortages this summer.

  • CAIRO, May 10- Egypt's supplies minister said on Saturday a smart-card system for bread distribution rolled out in one Egyptian city had reduced wheat consumption by 30 percent, easing the strain of subsidies on the government's budget and foreign reserves.

  • Egypt's tax hike on wealthy to last three years Saturday, 10 May 2014 | 10:38 AM ET

    CAIRO, May 10- A new 5 percent surtax on the incomes of wealthy Egyptians will last for three years, the finance minister said on Saturday, less than three weeks before the country elects a new president.

  • *Egypt's tourism revenues have dropped more than 40 percent. DUBAI, May 4- Egypt's tourism minister on Sunday announced ambitious plans to try to revive the country's tourism sector, in distress after years of political turbulence. Egyptian Tourism Minister Hisham Zaazou said in an interview in Dubai: "The world will see tourism returning to Egypt.

  • CAIRO, April 30- Egypt's Interim president suggested on Wednesday the biggest Arab nation was open to the idea of resuming privatisation, a move that could help revive confidence in the battered economy after years of turmoil.

  • *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.

  • 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.

  • Egyptians Narrowly Back Constitution, Say Rivals Sunday, 16 Dec 2012 | 6:22 AM ET

    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 Vote on Divisive Constitution Saturday, 15 Dec 2012 | 6:55 AM ET

    Egyptians stood in line to vote on Saturday on a constitution promoted by its Islamist backers.

  • Things Are Getting Weird in Egypt Friday, 7 Dec 2012 | 1:58 AM ET
    Egyptian President Mohamed Morsi

    An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?

  • STORY REMOVED: BC-EU--Italy-Berlusconi Friday, 19 Oct 2012 | 7:53 AM ET

    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.

  • In court, Berlusconi denies sex with Moroccan teen Friday, 19 Oct 2012 | 7:26 AM ET

    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.

  • Swiss hold $1 billion Arab Spring 'dictator' funds Tuesday, 16 Oct 2012 | 8:35 AM ET

    GENEVA-- Switzerland has blocked almost 1 billion Swiss francs linked to rulers in four Arab Spring nations, a senior government official said Tuesday.