instability
Egypt’s army says it is ready to confront any developments in the region
Egypt
December 1, 2024
Egypt’s army says it is ready to confront any developments in the region
The official spokesperson for the Egyptian Armed Forces, Colonel Gharib Abdel-Hafez, announced that the Egyptian army is ready to confront…
Experts explain why the US dollar exchange rate has risen against the Egyptian pound
Economy
August 5, 2024
Experts explain why the US dollar exchange rate has risen against the Egyptian pound
Recent regional tensions have impacted the US dollar exchange rate against the Egyptian pound, which witnessed a recent increase sometimes…
Iraq hopes US ‘reconsiders’ embassy closure, warns of danger
Middle East
September 30, 2020
Iraq hopes US ‘reconsiders’ embassy closure, warns of danger
BAGHDAD (AP) — Iraq’s foreign minister on Wednesday said his country hopes the US will “reconsider” its decision to close…
Stock exchange has largest 1-day decline in 2 months on election concerns
Business
May 27, 2012
Stock exchange has largest 1-day decline in 2 months on election concerns
Egypt's stock exchange made its largest one-day decline in two months on concerns over the presidential election outcome, while most…
Incoming tourism in Egypt declined during 2011, says government report
Business
March 4, 2012
Incoming tourism in Egypt declined during 2011, says government report
The number of international tourists to Egypt declined during the last quarter of 2011 by 29.2 percent, at 2.9 million…
Egyptians turn to gold ingots to protect savings
Egypt
August 8, 2011
Egyptians turn to gold ingots to protect savings
There has been a high turnout of Egyptians buying gold since the breakout of the 25 January revolution, according to…
Experts warn of negative credit ratings affecting foreign investment
Business
June 29, 2011
Experts warn of negative credit ratings affecting foreign investment
Economists have warned that negative credit ratings for the Egyptian economy would adversely affect foreign investment. The international rating agency…
Rachid: No risk of destabilization in Egypt
Egypt
January 26, 2011
Rachid: No risk of destabilization in Egypt
Rome--Egypt is not heading toward destabilization and the government will be able to manage discontent that has led to demonstrations,…