Freedom of expression groups denounce raid on Al-Jazeera
Egyptian government continues to “detain and harass journalists”: CPJ
Oil market slides on Syria news
New York's main contract, West Texas Intermediate (WTI) for delivery in October, sank $1.01 to $107.79 per barrel.
Apple launches iPhone trade-in programme in US
The Wall Street Journal earlier this month reported that Apple had asked its Taiwan-based supplier, Hon Hai Precision, to begin shipping two new versions of the iPhone in September, including…
US stocks drop on Syria concerns
Several leading technology companies had bad days, including Google (down 1.0%), Amazon (down 1.1%), Netflix (down 1.4%) and eBay (down 2.0%).
Government unveils new stimulus plan
The interim government adopts an economic reform plan to achieve 3% growth, and reduce the budget deficit to 9%
Central bank denies freezing deposits
Bank: “Rumours aim to destroy the confidence in the stability and safety of the country’s economy”
Crisis of foreign cash transfers on the Bourse
Submission of the request was made according to the Central Bank of Egypt’s 2005 decision regarding registered users of custodian banks.
Saudi Arabia studies report on Egypt’s financial needs
Egypt’s government has suffered from a $3.2bn monthly budget deficit since last January.
Red Sea hotel occupancies expected to decrease 80% as Italy and Russia issue travel warnings against Egypt
Hatem Munir, Secretary of the Red Sea Egyptian Hotel Association stated that tourist rates of those coming into Egypt have dropped to 15%.