Ministry of Justice Denies Referring Tantawi, Anan To IGA
Egypt's Minister of Justice, Ahmed Mekky, asserted that what have been said about referring Field Marshal Hussein…
Misr Insurance Offers To Insure Egyptian Steel Factory In Beni Suef
Misr Insurance Company submitted an offer to Egyptian Steel Company to insure the company’s new factory in Beni…
Syria Says Hopes Envoy’s Tour Will Help Peace Prospects
Syria said it hoped international mediator Lakhdar Brahimi's talks with Middle East states would help prospects for…
Credit Agricole Exits Greece Taking Profit Hit On Unit
Credit Agricole SA, France’s third- largest bank, is exiting Greece by agreeing to sell Emporiki Bank to Alpha Bank…
Egypt Shop Curfew To Cost $4.1 Billion
Egypt’s decision to order shops and cafes to close at 10 p.m. and midnight, respectively, will lead to losses of 25…
Top Credit Suisse Mideast Banker Yammine Resigns
Credit Suisse's Middle East managing director and co-chief executive officer, Bassam Yammine, has resigned from the…
Egyptian Police Torture 88, Kill 34 Under President Morsi: Rights Report
In a recent report published by the Cairo-based Nadim Centre for the Rehabilitation of Torture Victims, 34 cases of…
Egypt’s Ezz Steel Says Q2 Net Profit Falls 16%
Egypt's largest steel producer, Ezz Steel (ESRS.CA), reported a 16 percent drop in net profit for the second…
EGX 30 Climbs 1.56%, Opens Above 5800 Pts
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early remarkable gains of EGP 4 billion as…
Egypt Post-Mubarak Legal Challenges Testing Foreign Investors
Vishnu Swaroop Baldwa is one investor who won’t be returning to Egypt any time soon. “We see better opportunities…