Egypt’s former President Hosni Mubarak received a summons to appear before a Cairo court for questioning and special security is being arranged, state-run al-Ahram newspaper quoted the interior minister as saying. The public prosecutor issued the summons on Sunday as … read more
Urban consumer inflation in Egypt accelerated in the year to March to an 11-month high, pushed up by soaring food prices that contributed to the mass protests that eventually toppled President Hosni Mubarak. Urban consumer inflation in Egypt rose to … read more
More than 1,000 protesters ignored an army order to leave Cairo’s main square on Sunday, extending into a third day their calls for a quick move to civilian rule and a deeper purge of corrupt officials. Barbed wire blocked roads … read more
In his first remarks since his dramatic ouster, former President Hosni Mubarak denied that he used his position to amass wealth and property during three decades in power and issued an emotional defense of his legacy. The statement, broadcast Sunday … read more
Egyptian shares fell the most in more than two weeks after a demonstrator was killed and dozens were injured as security and military forces cleared protesters from downtown Cairo yesterday. Commercial International Bank SAE, the country’s biggest publicly traded lender, … read more
Ahmed Nazif, who served as Egypt’s prime minister until his government was rocked by a revolt in January, was detained today on suspicion of corruption, judicial sources said. The sources said Nazif, who Mubarak sacked along with his cabinet on … read more
Egyptian inflation accelerated in March on rising food prices, one of the causes of the unrest that toppled President Hosni Mubarak. The inflation rate in urban parts of Egypt, the gauge that the central bank monitors, rose to 11.5 per … read more
Egypt’s ruling generals said on Saturday they were ready to use force to end protests in Tahrir Square after troops cracked down on demonstrators overnight and sparked violence that medical sources said killed two people. Soldiers and police had used … read more
Egypt’s vital tourism industry, crippled by political turmoil, will suffer a 25 percent drop in revenue in 2011 and will need until September to get back on track, the tourism minister said in an interview on Thursday. An 18-day popular … read more
Egypt has lifted a gold export ban that had been due to last until June 30 because of improved conditions in the country, the ministry of Trade and Industry said Saturday. The ministry cited ‘the stability of the stock exchange … read more