Morsi’s PM Incarcerated in Torah: Security Source
Former Prime Minister Hisham Kandil was referred Wednesday to southern Cairo's Torah Prison complex shortly…
Browsing Tag
Hisham Kandil
Egypt Court Upholds Jail Term for Morsi’s PM
A Cairo appeals court has upheld a one-year sentence handed to former Egyptian prime minister Hisham Kandil, in the…
Breaking – Egypt Court Upholds Prison Sentence On Prime Minister: Sources
Egypt appeal court has upheld a prison sentence on the country's Prime Minister Dr. Hisham Kandil, ordering to…
Egypt Justice Minister Denies Cabinet Has Resigned
Egypt's justice minister denied an al-Arabiya television report that the government had resigned on Tuesday after…
Egyptian Cabinet, Presidency Spokesmen Quit As Crisis Deepens
The spokesmen for the Egyptian presidency and the cabinet quit on Tuesday, in the latest in a string of…
Breaking: Egypt’s Premier Tenders His Resignation
Egyptian Prime Minister Dr. Hisham Kandil has tendered his resignation to President Mohamed Morsi, the…
Egypt Foreign Minister Reportedly Resigns
Egyptian Foreign Minister Mohamed Kamel Amr has tendered his resignation, the state news agency MENA reported early…
Egypt’s Morsi Rejects Calls for Early Elections that Drive to ‘Unending…
In exclusive interview with the Guardian, Morsi defiantly rejects call for elections, setting stage for trial of…
Egypt: Army Reinforces Bases For Protests
Egypt's military on Wednesday brought in reinforcements of troops and armor to bases near Egyptian cities ahead of…
Egypt presidency Rules Out Govt Reshuffle, Rift with Army
The Egyptian presidency on Monday denied that there were any plans for an imminent cabinet reshuffle and reiterated…
Islamic Development Bank Grants Egypt US$300 Mln
Dr. Amr Darrag, Egyptian Minister of Planning and International Cooperation, stated that the government has signed…
Following New Chief Assignment, Egypt’s Benchmark Falls 1.2% – Midday
Following the appointment of a new chairman and vice chairman, Egypt's stock market has encountered losses of EGP…
Egypt’s Premier Names Atef El-Sherif New Bourse Chief
Egypt’s Prime Minister Dr. Hisham Kandil has issued a decree on Thursday naming the country’s new stock market…
Egypt Tourism Minister Resigns, Protests Over Islamist Governor
Egypt's tourism minister tendered his resignation on Tuesday over President Mohamed Morsi's decision to appoint as…
Egypt’s Indices Open This Week In Red, EGX30 Falls Below 4635 Pts
Egypt's stock market has opened Sunday’s sessions incurring losses of EGP 616 million driven by early local selling…
Ethiopia Ratifies Nile Treaty in Snub to Egypt
Ethiopia's parliament unanimously ratified a treaty on Thursday that strips Egypt of its right to the lion's share…
Egypt to Auction Luxury Gifts Received by Officials
Egypt will auction off pricey gifts received by its senior government officials next week, including luxury watches…
Egyptian Anger Grows over Suez Canal Development Plan
A plan by Egypt's Islamist-led government to develop the land along the Suez Canal faces fierce opposition in…
Egypt’s Benchmark Ends Below 4780 Pts, EGX70 Dives 5% As Uprising Looms
Egypt’s stock market has incurred losses of EGP 8 billion on Monday for the investors are on full alert to the…
Egypt’s Benchmark Opens 1.3% Lower As June 30 Protests Dig In
The Egyptian market has opened Monday’s sessions with losses for the second day in a row for this week of EGP 3.2…
Egypt’s Main Gauge Sinks 2.8%, Hits 4-Month Low
Egypt market has incurred losses of EGP 8.4 billion driven by the local selling pressures on Sunday. Consequently,…
Political Instability Woes Drag Egypt’s Benchmark 7% Lower In Week
In a week that witnessed mostly red performance, Egypt bourse has lost EGP 18.9 billion driven by growing…
Egypt’s EGX30 Dives 2.9% As Political Instability Heightens
Egypt bourse has ended sessions on Wednesday incurring massive losses of around EGP 8 billion driven by the recent…
Following NGO Rule, US Senator Says Not ‘A Penny’ For Egypt Aid
Virginia Rep. Frank Wolf (R-VA) spoke on Tuesday on the floor of the House of Representatives condemning an…
River Nile International one, Subjected to Int’l Accords; Egypt Premier
Egyptian Prime Minister Dr. Hisham Kandil said on Sunday new and intensive consultations would be made with…
Egypt’s Benchmark Back To Rally, Climbs To 5390 Pts – Midday
Egypt’s bourse has posted midday gains of EGP 1.5 billion backed by foreign buying transactions performed on…
Egypt Drags Its Feet In Privatization Tussle
A thorny legal issue facing Egypt's government was laid bare last month when Prime Minister Hisham Kandil was given…
Egypt’s Main Gauge Ends Further Below 5340 Pts On Local Sales
Egypt bourse has ended the sessions on Wednesday incurring losses of EGP 3.6 billion driven by the local buyers…
Non-Arab Foreign Sales Drag Egypt’s Benchmark Below 5395 Pts – Opening
Egypt’s bourse has opened sessions of Wednesday incurring losses of EGP 490 million driven by the non-Arab foreign…
Egypt Cabinet Says seeking to Attract New Investments
Cabinet Spokesman Ambassador Alaa el-Hadidi said in a press statement that the meeting of the economic group headed…
Egypt’s Benchmark Falls Below 5305 Pts On Non-Arab Foreign Sales
Egypt bourse has ended the sessions on Sunday incurring losses of EGP 2.2 billion driven by non-Arab foreign…
Egypt’s Benchmark Halts One-Day Rally, Opens Below 5355 Pts
Egypt’s bourse has opened the sessions on Thursday incurring losses of EGP 2.15 billion driven by local and…
Egypt’s Benchmark Ends Above 5415 Pts Backed By Soldiers’ Return
Egypt bourse has ended sessions on Wednesday posting gains of EGP 429 million backed by the release of the seven…
Egypt, DAMAC Sign Final Settlement Accord Today
Egypt’s Prime Minister Hisham Kandil will be signing today the final settlement agreement among the Dubai-based…
Salmonella Behind Al-Azhar Food Poisoning: Health Minister
Egypt's Health Minister Mohamed Hamed said that salmonella bacteria was behind the second mass poisoning…
Egypt Bourse Benchmark Ends This Week Below 5430 Pts
Driven by foreign selling pressures, Egypt bourse has ended this week incurring losses of EGP 847 million. The EGX…
Egypt Bourse Benchmark Falls Below 5454 Pts; Opening
Egypt’s bourse has opened Thursday incurring losses of EGP 137 million triggered by the news of the resignation of…
Egypt’s Benchmark Climbs to 5436 Pts; Opening
The Egyptian Exchange (EGX) has posted gains of EGP 1.3 billion during the opening session of Wednesday backed by…
EGX 30 Ends At 5446 Pts Backed By Govt’s Reconciling Remarks
Egypt bourse has gained EGP 1.7 billion during the closing session of Sunday backed by the government’s…
IDB’s Agreements With Egypt’s Govt. Valued At US$ 8.1 Bln
Zain Zahran, executive director of Islamic Development Bank, has revealed that the total value of agreements signed…