Egypt Features Headlines

Egypt: Generals Against Brothers

After weeks of procrastination, hesitation and standoff between the Egyptian interim government and supporters of the Islamist president Mohammed Morsi, ousted by Gen. El Sissi, the security forces moved in to break up sit-ins and protest camps set up in Cairo by Muslim Brotherhood supporters demanding Morsi return to power. But the hardline move by […]

Egypt Headlines

Egyptian interim leader names a new Prime Minister

The Egyptian interim leader Adly Mansour, has appointed Hazem El Beblawi as Egypt’s new Prime minister, after the democratically elected president Mohammed Morsi was ousted from office by the country’s army leaders. Presidential spokesman Ahmed El Moslamany announced in a statement that Mohamed El-Baradei is also appointed as Vice President responsible for foreign affairs in […]

Egypt Headlines

Egypt’s new interim leader sworn in

Adly Mansour, the leader of the constitutional court has been sworn in as Egypt’s new interim president, after the democratically elected president Mohamed Morsi was ousted by the armed forces through a ‘military coup’. The interim leader will remain as Egyptian president until presidential elections, but no date has been set yet. It’s now officially […]

Egypt Headlines

Army ousts Morsi from power

Egyptian army has ousted the country’s President Mohamed Morsi through “a coup” on Wednesday night, after he rejected the 48 hours deadline issued by the army to put the country back to order after numerous protests in Tahrir Square, and a nationwide unrest claiming many lives. The leader of the Army General Abdel Fattah al-Sisi […]

Egypt Headlines

Planned protest goes ahead in Egypt

Lots of thousands of people have stormed the Egyptian capital to protest and demand the Islamist President Mohamed Morsi to step down from power as it marks a year since he came to power after the Ex President Hosni Mubarak was force to step down from office. According to reports from the BBC at least […]

Egypt Headlines

Egypt: Counter-revolution begins

The opposition calls for the resignation of president Morsi on the June 30 and organize a rally in Cairo today. The Islamist parties have also decided to organize a rally under the banner a “million-man march to protect the revolution”. A statement released by the headquarters of the Muslim brotherhood referred to it as a […]

Egypt Headlines

Egypt’s antiquities disappearing at central museum

Cairo’s central museum located at the Tahrir Square is staring at country’s ancient artifacts degrade to irreversible state due to the lack of funds. Experts have warned that the artifacts are being kept under poor conditions and have called for action. The museum is filled with relics from the prehistoric, Roman and predominantly the era […]

Business Energy

Algeria doesn’t have enough oil for Egypt

Algiers has made it intentions known to Cairo that deals involving natural gas could only be discussed in 2014, due to the need to develop production from new fields first. According to Egypt’s oil minister Osama Kamal, Algeria doesn’t have “enough quantities to be exported to Egypt.” Algeria’s decision was prompted by the fact that […]

Business Energy

Libyan oil to Cairo on soft terms

Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but on interest-free credit for a year to Egypt, in order to save the country from fuel shortages with the government finding it difficult to honor energy importation dues. These importations […]

Business Emerging Markets

Egypt puts on hold Saudi investments

A press statement issued by the kingdom’s Minister of Commerce and Industry, Tawfiq al-Rabiah, brought to light that projects worth more than $1,3 billion have been on the hold in Egypt. This information was revealed ahead of the Saudi-Egyptian Joint Committee meeting to be held in the Saudi Arabia’s capital, Riyadh. Several Saudi Arabian projects […]