GO
Loading...

Hosni Mubarak

More

  • 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.

  • *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.

  • 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.