Egypt

Egypt to issue US$1.6 bln 1-year Treasury Bill – Central Bank
Business

Egypt to issue US$1.6 bln 1-year Treasury Bill – Central Bank

Egypt will issue a US$1.6 billion one-year Treasury Bill, the central bank said on Sunday. It said the settlement date for…
Egypt’s pound weakens as dollar demand surges, interest rates steady
Business

Egypt’s pound weakens as dollar demand surges, interest rates steady

The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the…
Sugar factory workers strike, demanding share in profits
Egypt

Sugar factory workers strike, demanding share in profits

For the second week in a row, workers in Hamool beet sugar factory (Delta Sugar Company), in Kafr el-Sheikh governorate,…
Cabinet reviews austerity plans, prepares for cabinet reshuffle
Egypt

Cabinet reviews austerity plans, prepares for cabinet reshuffle

Prime Minister Sherif Ismail started reviewing Saturday the austerity plans adopted at some ministries 15 days ago. This  coincides with…
First prison sentence ever against journalist syndicate chief stirs wide anger
Egypt

First prison sentence ever against journalist syndicate chief stirs wide anger

The two-year sentence issued on Saturday and a fine of LE10,000 against each of Journalist Syndicate Chief Yehia Qallash; Secretary…
IS claims it beheaded two Sinai priests – actually muslim clerics
Egypt

IS claims it beheaded two Sinai priests – actually muslim clerics

The "Islamic State" group's affiliate in Egypt claims it has beheaded two men that it mistakenly described in a statement…
Female Freestyle Wrestling World Champion Dies in Egypt
Egypt

Female Freestyle Wrestling World Champion Dies in Egypt

A young female freestyle wrestling world champion has been killed in a road accident in Egypt, according to the Egyptian…
Egypt journalist unionists get 2 years’ jail for harbouring colleagues
Egypt

Egypt journalist unionists get 2 years’ jail for harbouring colleagues

An Egyptian court sentenced the head of a journalists union and two board members to two years in prison on…
Egypt president says don’t ‘jump to conclusions’ on Trump
Egypt

Egypt president says don’t ‘jump to conclusions’ on Trump

Egypt's President Abdel-Fattah el-Sisi has praised U.S. President-elect Donald J. Trump, saying that his inflammatory statements from the campaign trail…
Crisis in Brog al-Arab prison, complaints of torture and tear gas use
Egypt

Crisis in Brog al-Arab prison, complaints of torture and tear gas use

Complaints of physical assault in Borg al-Arab prison, over the past 4 days, drove dozens of inmates' families to flock…
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