Latest Egypt News
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Is China buying Egypt from the US
Chinese President Hu Jintao (L) and Egyptian President Mohamed Morsi review an honor guard during a welcoming ceremony at the Great Hall of the People in Beijing on Aug. 28, 2012. (Mark Ralston/AFP/Getty Images) CAIRO, Egypt -- ...
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Gaza-Israel clash ensnares Egypt
Turkey to also address the Gaza crisis. Earlier in the day, in a televised address, Morsi called the Israeli attacks "unacceptable." On Wednesday --following Israel's assassination of Hamas military commander, Ahmed Al Jabari -- he recalled Egypt's ambassador to Israel, Atef Salem Al Ahl, and called on the United Nations Security Council to meet on the crisis. The ...
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Egypt current account deficit shrinks in fiscal year to March
the first three quarters of the fiscal year saw tourism revenue rise to $8.08 billion Egypt's current account deficit narrowed in July-March, supported by stronger tourism revenues and a shrinking trade deficit, data showed on Wednesday.The current account deficit shrank in the nine months to end-March to $3.9 billion compared to $7.1 billion in the nine months to March 2012, the central ...
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Travelstart continues its global expansion with Egypt operations
Leading online travel agency Travelstart.com announced the official launch of its commercial operations in Egypt in response to the country's growing outbound travel business as Egyptians continue to opt for international destinations for their holiday ...
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Egypts Christians not safe
Egyptian Muslim women hold a cross in support of Christians during a memorial march in Cairo for Christians who were killed during deadly clashes with Muslims in ...
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Popular Current Condemns U.S. Ambassadors Statement Against June 30 Demonstrations
The Popular Current condemned on Wednesday the U.S. ambassador to Egypt's statement in which she linked violence to calls for demonstrating peacefully on June 30. Ambassador Anne Patterson said she and her government are skeptic about the outcome of the demonstrations, a step the Popular Current described as a direct interference in Egypt's domestic affairs. The current's ...
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Islamist Group Calls for Rallying On 21 June to Support Mursi
The hardline Islamist group al-Gamaa al-Islamiya's party called for participating in the planned 21 June demonstrations to voice support for President Mohamed Mursi. Mursi does not represent the Muslim Brotherhood or the Freedom and Justice Party alone; he represents the people as a whole, senior party member Tarek al-Zomor said on Wednesday. "The call for holding early presidential ...
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Alexandria Criminal Court Verdict and Necessity of War On Torture
On June 17, 2013, the Criminal Court of Alexandria ruled the acquittal of Ahmed Mustafa Kamel El Boray, a State Security officer of Alexandria. He was the fourth accused person on the murder of the young salafist Sayed Bilal. This was the second trial on this case, following the demand of both the accused Mahmud Abdel Alim, a State Security officer of the Explosives Department, and Osama El ...
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EOHR Calls for an Investigation On the Incidents in the Region of Fayoum
EOHR expresses its deep concern about the increase of crossfire between the different political forces in the country. On June 16, 2013, these exchanges of gunfire led to clashes in the region of Fayoum, around the squares El Sawaki and El Hawatem. The final result is 38 injured. These clashes happened between, on one side, the Muslim Brotherhood, the party of Freedom and Justice and several ...
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Egypts Coptic Christians say they are no longer safe
Egyptian Muslim women hold a cross in support of Christians during a memorial march in Cairo for Christians who were killed during deadly clashes with Muslims in ...
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Suez Cement main sponsor of 20th Interbuild exhibition
Once again Suez Cement is the main sponsor of the 20th INTERBUILD exhibition that will be held on 20-24 of June at the Cairo International Conference Center in Nasr ...
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Egypts tourism minister quits in protest ICTP President Geoffrey Lipman releases statement
Tourism is one of the major industries in Egypt and Luxor is a ctiy visited by millions of tourists every year. The newly appointed Luxor governor is a member or is close to a terror group that killed 58 tourists in 1997. Egypt's current minister of tourism Hisham Zaazou is resigning because of this appointment. The International Coalition of Tourism Partners (ICTP) through his President ...
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Sexual Harasser Sentenced to Three Months in Absentia
A Cairo court sentenced in absentia a man to three months in prison on Wednesday on charges of physically attacking a woman after sexually assaulting her. Lyla El-Gueretly, 30, took the defendant, Ahmed Youssef, to court in April for physically attacking her for defending herself against his sexual harassment. "I don't think it's enough. Similar cases ended in the death of a ...
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ECOWAS Presidents Statement On the Signing of Agreement On Mali
Bamako -Mali - The President of the ECOWAS Commission welcomes the signing, in Ouagadougou on 18 June 2013 by the Transitional Government and the MNLA High Council for the Unity of AZAWAD, of the preliminary agreement to the presidential elections and inclusive peace dialogue, enabling anticipation, with much optimism, of definitive exit from the Malian crisis. The President of the Commission ...
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Video Protests in Egyptian tourist city over ‘Islamist’ governor
Residents of the Egyptian tourist city of Luxor protested on Wednesday over their newly-appointed Governor, a member of an Islamist movement whose gunmen killed dozens of foreign tourists in ...
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Egyptian PM rejects anti-UAE remarks
Egyptian Prime Minister Prof Hesham Qandil on Wednesday hailed the deep-rooted relationship between his country and the UAE and said his government is not concerned with non-official statements.He was replying to a question about Freedom and Justice Party vice-chairman Esam Al Eryan’s comments against the UAE. At a Press conference in Cairo, Prof Qandil said: "All appreciation is to ...
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Ezz Steel secures $400m loan for new plant
Egypt's Ezz Steel has announced it has secured an EGP2.8bn ($400m) loan from local banks to finance the construction of its new steel plant in Suez's Ain Sokhna, Ahram has reported. The new facility will have a total investment of some EGP3.7bn ($530m). The country's biggest steel producer expects the factory to start production by the end of ...
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Egypts BOP deficit narrowed by 81.2 pct in 9 months
The deficit in Egypt's balance of payment (BOP) narrowed by 81.2 percent to $2.1 billion in the period between July 2012 and March 2013, Central Bank of Egypt (CBE) said Wednesday.In a statement, the CBE said the BOP deficit in the first nine months of the fiscal year 2012-2013 (which starts on July 1, 2012 and ends on June 30, 2013) declined thanks to the 0.7 billion dollar drop in the ...
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Morsy’s appointees spark clashes across Egypt
Egyptians chant slogans during clashes between supporters and opponents of Egypt's president and his Muslim Brotherhood in Luxor, Egypt, Wednesday, June 19, 2013. On Sunday, Morsi appointed 17 new governors, including seven members of the Brotherhood and one from an ex-militant group to rule the ancient city of Luxor. That appointment outraged Luxor residents, as the governor's group ...
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Egypt allocates over $628m for Sinai development
Egyptian President Mohamed Morsi approved Wednesday the allocation of 4.4 billion Egyptian pounds (about $628.9 million) for the development of Sinai Peninsula, said presidential spokesman Ehab Fahmi."President Morsi asked the cabinet to take necessary measures to implement development plans in Sinai and meet needs and demands of Sinai people," Fahmi said during a joint press ...
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Equatorial Guinea prohibits Egypt revolt reports
No talk of a Tunisia or Egypt-style revolutions in Equatorial Guinea. These were the orders given to media in the country, which all are controlled by the state or the family of President Teodoro Obiang ...
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Egypt reshuffles management of energy firms
Egypt has reshuffled several officials at the top of state-owned companies in the energy sector, in a bid to tackle the deepening fuel crisis that is gripping the country, Dow Jones has reported. The move is aimed at "improving the performance of the petroleum sector, and giving it a push to cope with the demands of the current situation [in the country]," said the oil ministry. Among ...
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Egyptian asylum seeker Sayed Abdel Latif says he is innocent of all charges on Interpol red notice
Australia The Egyptian asylum seeker at the centre of a political slanging match says he is innocent of all charges listed on his Interpol red notice.Sayed Adbel Latif was branded a "convicted jihadist terrorist" by the Federal Opposition after it emerged that he had been held in a low-security detention facility near Adelaide despite being the subject of an alert from the ...
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Egypt Luxor protests appointment of governor linked to terrorist group
Residents in the Egyptian city of Luxor protested on June 19, decrying the appointment of a member of a hardline Islamist group as the new governor of their province. Adel Mohamed al-Khayat is a member of al-Gamaa al-Islamiya – a former militant group responsible for the 1997 massacre at a Luxor temple that killed 62 people, including 58 foreign tourists. Demonstrators rallied against ...
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Half-Finished Buildings A Symbol Of Forgotten Promise In Egypt
Marsa Alam is a region of more than 100 miles of beautiful coastlines, coral reefs and diving spots. But the city itself is a microcosm of neglect in Egypt since the revolution. It is a ghost town of unfinished construction and promised infrastructure that still doesn't exist. There is no power grid, no water so local hotels and resorts must provide their own generators and water source. ...
Egypt Digest
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Egypt's oil industry is growing rapidly
Egypt has, in recent years, made immense gains in terms of economic performance. The country has long been the economic powerhouse of North Africa and Africa in general (second only to South Africa and Nigeria) and has taken great steps to reverse the highly-centralized economy inherited from President Gamel Abdel Nasser.
The oil and gas sector has long been one of the major strengths in the Egyptian economy, along with other natural resources such as minerals, gold and natural gas. Read more
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