Egypt News Journal
Almost three years after an uprising fuelled by the old regime's venality, Egypt's cash-strapped Islamist government is making amends with businessmen who offer to pay their way back into the fold.
Egypt's cash-strapped Islamist government is making amends with businessmen who offer to pay their way back into the fold. -AFP
CAIRO (Reuters) - Egypt will begin using smart cards in the next few weeks to distribute gasoline and diesel, Oil Minister Sherif Haddara said on Thursday, in a step towards meeting IMF terms for a loan. The first smart cards will go to fuel stations and then the program will widen to include all car owners. The government is turning to smart cards to reduce the amount of money it spends on ...
The millions of people working in tourism in Egypt have been hit hard by the unrest. Here's what they're thinking.
High-flying UK budget airline wants to bring tourists to Cairo, but a deal reached in 2010 has taken a nosedive.
Egypt's 2011 jailbreaks still a mystery, carry potential embarrassment for Islamist leader
CAIRO (AP) — The safe release Wednesday of seven conscripts kidnapped by suspected militants in Sinai brought a victory for Egypt's Islamist president after months of criticism that his government is mismanaging the country.
Seven Egyptian soldiers who were kidnapped six days ago in the Sinai Peninsula have been freed, the spokesman for Egypt's armed forces said Wednesday.
CAIRO (Reuters) - Egypt's central bank kept the price of the country's currency steady against the dollar at a special $800 million foreign exchange auction on Wednesday, called to help importers pay for wheat, meat, cooking oil and other essential imports. It did not say how much currency it actually sold. Egypt has used up its foreign currency reserves, reducing them to critical levels to ...
Egypt’s central bank will offer a record $800 million at a currency auction to local lenders today to finance imports of staple foods and medicines after Standard & Poor’s warned of accelerating inflation.
CAIRO (AP) — Six Egyptian policemen and a border guard kidnapped by suspected militants in the Sinai Peninsula last week were freed by their captors Wednesday after successful mediation in the volatile region, the country's military spokesman said.
CAIRO (AP) — Egyptian state TV says six policemen and a border guard kidnapped by suspected militants in the Sinai Peninsula last week have been freed.
Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy. The changes, which are more favorable than the ...
CAIRO (AP) — Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy.
CAIRO (AP) — Egyptian troops and police mistakenly fired on a Bedouin funeral in the Sinai Peninsula on Tuesday, security officials said, in the opening salvo of a sweep searching for security personnel kidnapped by suspected militants.