Egypt Central Offers Banks US$40 Mln At FX Auction
The Central Bank of Egypt (CBE) has offered its last offering for this week US$ 40 million to local banks on…
Apple Shares Fall Below $400 On Fears Of Slowing Sales
Shares of Apple dipped below the $400 mark for the first time since December 2011 amid concerns over slowing sales.…
Many Casualties In Texas Waco Fertiliser Plant Blast
Scores of people are injured and an unknown number are dead after a huge explosion at a fertiliser plant near Waco…
Egypt Acquisition Tax Repeal Seen Before Orascom Telecom Deal
A law that will cancel a 10 percent acquisitions tax in Egypt will be announced before Altimo’s purchase of…
EBay’s Sales, Forecasts Miss Estimates As PayPal Growth Slows
EBay Inc. (EBAY) reported first-quarter revenue that missed some analysts’ estimates and forecast disappointing…
Egypt’s Jewish Community Announces It Elected A New Leader
The leader, Magda Haroun, 60, said she aims to continue the work of her predecessor, Carmen Weinstein, who died…
Sabahy: Morsi, FJP To Lose In Upcoming Elections
Former presidential candidate Hamdeen Sabahy criticised the administration of President Mohamed Morsi on Tuesday,…
Egypt Presidency Accused Of Ignoring Report On Rights Breaches
Leaks from a report prepared by a fact-finding committee drawn up by President Mohamed Morsi last year has brought…
Security Forces Secure Kafr El-Sheikh’s Governor At Protest
Governor of Kafr El-Sheikh Saad El-Husseini was beset by dozens of protesters at the Islamic Studies University in…
Egyptian President Morsi To Be Interviewed By Al-Jazeera Saturday
Ambassador Omar Amer, the official spokesperson of Egypt's presidency, announced on Wednesday that President…