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Hosni Mubarak

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  • Egypt says resolves row with Dubai's DAMAC Tuesday, 9 Oct 2012 | 7:55 AM ET

    CAIRO, Oct 9- Egypt has settled a row with a Dubai- based developer over a land contract reached when Hosni Mubarak was in power, a minister said on Tuesday, a deal that could help remove uncertainties that have depressed interest in the once-booming property market.

  • CAIRO, Oct 9- Egyptian private equity firm Citadel Capital plans to invest $4 billion or more in Egypt over the next three years and has an eye on infrastructure and energy-related projects, its chairman said on Tuesday.

  • Egypt's new president gives himself high grades Monday, 8 Oct 2012 | 8:29 AM ET

    But the speech in many ways was also as much about style as it was about substance, and the 61- year-old Morsi, the first freely elected president in Egypt's history, used his address to project the image of an energetic leader in touch with the needs of the people.

  • CAIRO, Oct 3- Egypt's prime minister said an IMF team would come to Cairo in the last week of October to resume talks on a loan sought by his government, which was still working on the major issue of how to reduce fuel subsidies.

  • Without IMF deal, investors wary of Egypt Wednesday, 3 Oct 2012 | 10:00 AM ET

    CAIRO, Oct 3- A trickle of foreign donor aid looks like Egypt's best hope of averting a balance of payments crisis for now because many of the investors who fled the country last year are loath to return until the government seals a loan from the IMF.

  • CAIRO, Oct 3- Egypt's prime minister said on Wednesday that an IMF team would come to Cairo in the last week of October to resume negotiations on a loan sought by Egypt and that his government was still working on the key issue of how to reduce fuel subsidies.

  • CAIRO, Oct 1- A $1 billion loan that Turkey has agreed to extend to Egypt will carry an interest rate of less than 0.6 percent and be repaid in five years with a three-year grace period, the Egyptian state news agency MENA said on Monday.

  • CAIRO, Oct 1- A $1 billion loan that Turkey has agreed to extend to Egypt will carry an interest rate of less than 6 percent and be repaid in five years with a three-year grace period, the Egyptian state news agency MENA said on Monday.

  • CAIRO, Oct 1- Egypt's negotiations for a $4.8 billion loan from the IMF have been delayed to give the government more time to draw up its economic reform programme, the two sides said on Monday. Egypt was due to receive a team from the International Monetary Fund at the end of September to discuss the terms of the loan.

  • By Dinesh Nair and Patrick Werr DUBAI/ CAIRO, Oct 1- Dubai's Emirates NBD. and Morocco's Attijariwafabank have bid for BNP Paribas' Egyptian retail arm, four banking sources said, as regional banks look to pick up assets being shed by European lenders.

  • TV critic of Egypt's Islamist president freed Monday, 1 Oct 2012 | 10:15 AM ET

    CAIRO-- The owner of a TV station on trial for incitement following his call for the killing of Egypt's Islamist president has been released after being briefly detained over allegations of theft of electrical power and bounced checks, security officials said on Monday.

  • Egypt finmin says IMF delays loan talks - paper Monday, 1 Oct 2012 | 5:52 AM ET

    CAIRO, Oct 1- The IMF has delayed sending a team to Cairo to negotiate a $4.8 billion loan while the Egyptian government works to complete its economic reform programme, a newspaper quoted the country's Finance Minister as saying. Egypt was due to receive a team from the International Monetary Fund at the end of September to discuss the terms of the loan.

  • Egypt’s Pound at Fresh Lows: an Opportunity? Friday, 7 Sep 2012 | 5:55 AM ET
    Inside the EgyptStock Exchange just before its reopening.

    1st paragraph of story should go here

  • Egypt’s Pound at Fresh Lows: an Opportunity? Friday, 7 Sep 2012 | 5:49 AM ET
    Inside the EgyptStock Exchange just before its reopening.

    1st paragraph of story should go here

  • Scramble for Power in Fragile Egypt, Rally Planned Tuesday, 10 Jul 2012 | 6:59 AM ET
    Egypt, Cairo, Sultan Hussan Mosque at sunset

    As protestors prepare to rally in Tahrir Square once again on Tuesday, the renewed anxiety about Egypt’s fragile political process serves a potent reminder that despite the election of a new President, the country’s power structure has yet to be fully defined.

  • Egypt Stocks Surge 7.6% After Vote  Monday, 25 Jun 2012 | 9:54 AM ET
    Inside the EgyptStock Exchange just before its reopening.

    Trade on Egypt’s stock market was suspended as stocks were surging on Monday but even so the market closed 7.6 percent higher, the first reaction to the announcement of Mohamed Mursi as Egypt’s new President. The surge places the index among the world’s best performers once again.

  • Uncertainty in Egypt, Recipe for Disaster: Expert     Wednesday, 20 Jun 2012 | 2:30 AM ET

    Alia Moubayed, head of research for the Middle East at Barclays, told CNBC, "If there is one word that describes Egypt at this moment it is that you are in a situation of perfect political uncertainty and the only thing that is certain is the fact that the economy is taking a toll."

  • Standoff Between Issa & Holder Ratchets Up     Tuesday, 19 Jun 2012 | 7:34 PM ET

    CNBC's Bertha Coombs reports no deal was made between Chairman Darrell Issa and Attorney General Eric Holder on the ATF documents, and also reports on conflicting news that former Egyptian president Hosni Mubarak is "near death" in a Cairo hospital.

  • Egypt's Brotherhood: Court Ruling Reverses Gains Friday, 15 Jun 2012 | 1:17 PM ET
    Supporters of Egypt protesters demonstrate at Piazza della Republica (Republic's square) in Rome on January 31, 2011. European Union foreign ministers on Monday called on Egypt to embark on an 'orderly transition' leading the way to 'free and fair elections.' Some 100 people took part in the demonstration in Rome.

    Egypt's Muslim Brotherhood warned that a court ruling to dissolve the Islamist-led parliament and let Hosni Mubarak's former prime minister run for president is a move toward reversing the gains of the revolution.

  • Supporters of Egypt protesters demonstrate at Piazza della Republica (Republic's square) in Rome on January 31, 2011. European Union foreign ministers on Monday called on Egypt to embark on an 'orderly transition' leading the way to 'free and fair elections.' Some 100 people took part in the demonstration in Rome.

    They toppled a pharaoh, but now the small circle of liberals, leftists and Islamists who orchestrated Egypt’s revolution say they realize they failed to uproot the networks of power that Hosni Mubarak nurtured for nearly three decades, the New York Times reports.

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