PA refers young MP to special committee to investigate Tantawi slander
CAIRO: In Sunday’s parliamentary session, MP Ziad El-Eleimy, representing the Social Democratic Party, refused to apologize for allegedly using offensive language to refer to the head of the Supreme Council…
Egypt to offer $500 mln in 1-year USD T-bills
CAIRO: Egypt's central bank said on Sunday it would offer $500 million in dollar-denominated 1-year treasury bills at an auction on Tuesday, its fourth dollar offering since Nov. 29, as…
Egypt tech spend fell in 2011, more gloom for 2012: IDC
DUBAI: Spending on information technology (IT) fell 13 percent in Egypt last year after the fall of former president Hosni Mubarak and will be flat for 2012 as a political…
Egypt’s real estate sector back in the spotlight
CAIRO: With Egypt’s political landscape seemingly stabilizing, investors are gradually making their way back into the market, with the spotlight focused on the country’s once thriving real estate sector. Whether…
Experts to discuss technical side of oil and gas at Cairo conference
CAIRO: Egypt is hosting the third edition of the North Africa Technical Conference and Exhibition (NATC) from Monday to Wednesday this week in Cairo, where petroleum professionals will meet to…
Egypt index climbs to 7-month high
CAIRO: Egypt's main index rose to its highest daily close since July 21 after the finance minister says the country will sign a $3.2 billion loan agreement with the International…
Egypt to sign IMF loan next month, minister says
CAIRO: Egypt expects to sign a $3.2 billion loan agreement with the International Monetary Fund (IMF) next month and will receive one-third of the funds immediately upon signing, Finance Minister…
Egypt presidential vote to be early June: source
CAIRO: Egypt's first presidential election since president Hosni Mubarak was overthrown last year will be held in the first week of June, an official at the judicial committee supervising the…
Egypt recalls its ambassador to Syria: state TV
CAIRO: Egypt recalled its ambassador to Damascus, state television said on Sunday, in what appeared to be the latest step in a series of Arab diplomatic moves to intensify pressure…
Nabil El-Araby denies presidency talks
CAIRO: Secretary General of the Arab League Nabil El-Araby denied Saturday that he was approached by any party or official entity to discuss the possibility of contesting the presidency.…