Latest news
-
Egypt bourse soars, breaks records after Morsi ouster
Market gains LE20 billion in first hours of trading as Egyptian investors react euphorically to news of Morsi's ouster on Wednesday night.
-
Egypt pound strengthens at Thursday forex auction
It was the first time the currency has strengthened on the official market since the central bank introduced the auctions.
-
Opinion: After Morsi is gone, what’s next for Egypt's tourism?
Cruise news editor Sam Ballard discusses the country’s problems and answers what Egypt must do to get back on its feet.
-
Who is Egypt's new interim president Adly Mansour?
Top judge of Egypt's Constitutional Court Adly Mansour was sworn in today as the second interim president Egypt has ever seen.
-
What a difference a year makes
The hounding from power of Egypt's president, Muhammad Morsi, will have implications across the Arab world.
-
Egypt unrest pushes the price of oil to a 14-month high
The price of US light crude oil hit a 14-month high on Wednesday to over $100 a barrel on concerns over political turmoil in Egypt.
-
Lingering crisis in Cairo dims Egypt's economic outlook
The economic backdrop has deteriorated and will continue to do so until some semblance of political stability is seen.
-
Global stock prices slide as oil prices jump over Egypt crisis
The FTSE 100 Index was down 1.6 per cent or 100 points as Egypt unrest continues.
-
Oil near $102 on Egypt protests, US demand outlook
The price of oil neared $102 a barrel Wednesday for the first time since May last year.
-
Egypt c.bank tells banks to shut early ahead of army deadline
Banks must close their branches by 2:00 p.m. (1200 GMT) instead of the usual 5:00 p.m.
-
Egypt turmoil grows as army deadline is to expire
The violence came just hours before a military deadline was to expire Wednesday for Mursi to find a solution with the opposition.
-
Egypt debt insurance cost at record, more currency fall seen
Five-year credit default swaps rose 34 basis points to record highs of 900 bps, according to pricing agency Markit.
-
Egypt's tourism minister quits for the second time
The ministers handed their resignation letters to Prime Minister Hesham Qandil at the same time, according to the report.
-
Egypt's mobile market saturated: GACIC
Vodafone leads with a market share of 40.6%, followed by Mobinil at 35.1% and Etisalat Misr at 24.3%.
-
Financial institutions hope to reverse Egyptian illiquidity with small loans
International lenders are looking to Egypt's SMEs to stimulate Egypt's economy after two years of post-revolutionary decline.
-
Egypt shares riskier after violence but foreigners may bargain-hunt
Cairo’s bourse will re-open on Tuesday after a one-day public holiday.
-
Oil gains amid protests in Egypt; pump price drops
Traders were concerned that the protests in Egypt could affect the production and transport of oil supplies in the Middle East and North Africa.
-
Army delivers ultimatum to end Egypt crisis
President Mohamed Morsi and opposition groups told they have 48 hours to calm protests, or face intervention.
-
Egyptian protests freeze Malaysian demand
There has been a big slowdown in demand as Malaysians are concerned over their safety while on holiday.
-
Experts: Poor to bear burden of Egypt’s IMF loan
The IMF is due to respond to the recently submitted reform program in the coming weeks.