Business Egypt

  • cario_200.jpg

    The head of Egypt's ruling army council will deliver a statement to the nation later on Tuesday, state television said, as protests demanding an end to military rule intensify.

  • Just as in January, the White House is confused and distracted. Stability in the volatile Middle East is what the White House desires and a cautious and long-drawn out transition to democracy guided by the Army seemed to be the best option to prevent any radical developments in Egypt. This scenario, however, is no longer realistic.

  • An injured Egyptian protester is helped away during clashes with security forces on the third day at Tahrir Square in Cairo on November 21, 2011.

    Egypt's army-appointed government handed in its resignation Monday, an apparent gesture to thousands of protesters in Cairo's Tahrir Square who clashed for the third straight day with security forces in violence that has killed at least 24 people and posed the most sustained challenge yet to the rule of the military.

  • Inside the EgyptStock Exchange just before its reopening.

    At least 12 people have been killed and hundreds injured in violent confrontations between security forces and the anxious mood was reflected in investor sentiment, with broad selling pulling the country’s stock exchange down 2.5 percent.

  • Egypt

    Egypt authorities closed the largest of the Giza pyramids Friday amid rumors groups would try to hold spiritual ceremonies there at 11:11 A.M. on Nov. 11, 2011. The head authority though denied the rumors.

  • As lavish birthday gifts go, it’s hard to top this one: Naomi Campbell received an island vacation home for her 41st birthday from her Russian billionaire boyfriend Vladislav Doronin, according to numerous online  It’s shaped like the Egyptian Eye of Horus on a location known as Cleopatra Island in Turkey’s Gulf of Gökova. Spanish Architect Luis de Garrido, who specializes in sustainable building, designed Eco-House Horus to be completely energy, water, and food self-sufficient. As with his othe

    Naomi Campbell received an island vacation home for her 41st birthday from her Russian billionaire boyfriend Vladislav Doronin. Click to see the photos.

  • Poland

    Worries about Western Europe have spilled into countries in Central and Eastern Europe and the region's fate is tightly linked to that of its main exporting market, Wike Groenenberg, head of CEEMEA strategy at Citi, told CNBC on Wednesday.

  • The "Mad Money" host's four steps to prospering amidst negative news stories.

  • Consumption increases notably during the holy month of Ramadan.

    The holy month of Ramadan is set to begin in the Arab World on Monday, and this year it arrives with a somewhat unique trading cocktail of post-revolution political ambiguities and global economic uncertainties. It may be the worst performing emerging market so far this year (down 29.7%), but that never stood in the way of profitable equity strategies.

  • As Saudi Arabia continues to grow rapidly, the dilemma of sufficiently meeting domestic and international crude oil demand becomes one that would lend credence to believers in higher prices down the line, experts and analysts told CNBC. 

  • egypt_ride_200.jpg

    Continued political unrest caused Egypt’s benchmark stock index spacer to decline further on Monday, with added pressure coming from the selloff in other global markets.

  • Inside a tent inb Tahir Square

    Traders at the Egyptian Stock Exchange reacted negatively to developments over the weekend, pushing the benchmark index EGX30 1.67% lower to 5270, its lowest level in almost two months.

  • Bahrain skyline

    Bahrain began its highly-anticipated National Dialogue this week in an effort to restore confidence both domestically and internationally that the Kingdom is committed to working through issues that sparked unrest within its borders in mid-February.

  • Egypt, Cairo, Sultan Hussan Mosque at sunset

    Egypt’s benchmark stock index was able to rebound 0.75 percent in the last trading session before an expected "million-man" march on Friday.

  • The "Mad Money" host's four steps to prospering amidst negative news stories.

  • cairo_exchange_200.jpg

    Ahead of large-scale protests planned for this Friday, Egyptian Prime Minister Essam Sharaf stressed that the government respects the right of citizens to demonstrate peacefully.

  • Diamonds

    The Arab Spring helped boost diamond prices as the region's wealthy individuals moved their cash from stocks and bonds to safe haven investments and tangible assets , a London-based fund manager told CNBC Tuesday.

  • Inside the EgyptStock Exchange just before its reopening.

    Investors may be wary of putting their money in the Middle East and the Arab peninsula given the political turmoil which has shaken the region in recent months, but it offers investment opportunities worth considering, one fund manager told CNBC.

  • egypt_2nd_revolution_crowd2_200.jpg

    The pledge that emerged from the G8 summit in Deauville sees international development banks supplying $20 billion in aid to Tunisia and Egypt for 2011-2013. That is in addition to bilateral support.

  • A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel, just weeks after the arrest of former International Monetary Fund chief Dominique Strauss-Kahn on similar allegations, police said.