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Tag: Mubarak
Egypt’s Return to Mubarak’s Era Could Lure Back Investors
Experts forecast that the Egyptian Stock Exchange will rise by 40 percent in the new year, which should, along with the major political events like ... Read More
Egypt: “Friday of martyrs” to test Brotherhood’s strength
Violence in Egypt can reach new heights as pro-Morsi supporters prepare to hold “Friday of martyrs” demonstrations. The march will be in honor of the ... Read More
Egypt: 19 Foreign Tourists Killed in Hot Air Balloon Crash
Nineteen foreign tourists from Britain, France, Japan, Hong-Kong, China and Hungary were killed in a hot air balloon crash that occurred Tuesday near the Egyptian ... Read More
Egypt: reserve recession rate could decline soon
Governor Hisham Ramez of the central bank has said that the foreign cash reserve recession rate may decline by next month. The central earlier on ... Read More
Retrial of Mubarak May Spell More Trouble for Egypt
It seems that Egypt is heading for more trouble and showdown between the Muslim Brotherhood and the Liberals as the country braces for the re-trial ... Read More
Egypt’s Constitutional Referendum and the Fiscal Troubles Hampering IMF Loan Negotiations
Egypt’s Central Bank proclaimed their foreign reserves reaching the “critical” levels after it had sold about 75 million USD in its first private auction to ... Read More
Egypt meets IMF as pound depreciates
Representatives of International Monetary Fund (IMF) and the Egyptian government discussed the important $4.8 billion loan as the Egyptian pound continues on its dive with ... Read More
Egypt: Bankruptcy evident if situation continues
President Morsi’s outstanding powers has led to demonstrations in the streets demanding him to relinquish them and it has made it effects on Egypt’s benchmark ... Read More
Will Egypt-US Relations Sour Over Aid?
US House lawmakers have blocked a $450 million emergency aid the Obama administration was planning to give to the new government of President Mohammed Morsi, ... Read More