Latest news
-
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.
-
A year in office: Morsi's economic mistakes
What went wrong with Egypt's economy ever since President Mohamed Morsi took the office?
-
UAE’s Dana Gas says makes new gas discovery in Egypt
Total evaluated resources for the Lower Abu Madi zone are between 7 and 15 billion cubic feet, along with around 100,000 barrels of condensate.
-
Egypt stocks in the green as 'Rebel' protests launch
Benchmark index up 0.9% before close of Sunday session as speculators take advantage of market prices decline in anticipation of 'Rebel' protests.
-
Abandoned Egypt suffers
No signal is more worrying to tourism than the political one.
-
IMF loan talks still in limbo a year into Morsi’s tenure
Subsidies, political consensus among prerequisites which Egypt still struggles to meet.
-
US warns citizens on travel to Egypt as American killed
The US cautioned its citizens "to defer non-essential travel to Egypt at this time due to the continuing possibility of political and social unrest."