Al-Masry Al-Youm Egypt’s government began elaborating the details for the third year of the economic reform program, after it received the first tranche of the IMF loan worth US$2.75 billion, now deposited with the Central Bank of Egypt. An official … read more
Al-Masry Al-Youm President Abdel Fattah al-Sisi met on Sunday with Mona al-Sayed, know in the local media as the ‘Woman with the Cart.’ The meeting took place at the presidential Ettihadiya palace. The photo of a woman pulling a heavy … read more
Reuters Egypt imposed a big security clampdown in its cities on Friday, as mass demonstrations to protest against austerity measures failed to take place. Riot police and armoured vehicles filled the otherwise empty streets of central Cairo, but most people … read more
Reuters Egypt won International Monetary Fund approval on Friday for a three-year, $12 billion bailout program aimed at reviving a struggling economy, bringing down public debt and controlling inflation while seeking to protect the poor. The IMF said its executive … read more
Egypt’s Consumer Protection Agency (CPA) referred Saturday the Pizza Hut fast food chain to the general prosecution over complaints that they charge clients more than their advertised prices, a CPA statement read. The CPA received a complaint from a Pizza … read more
Al-Masry Al-Youm Main squares and streets in Cairo and Giza witnessed heavy security on Friday, November 11, in response to anonymous calls for protests on social media, under the slogan “The Revolution of the Poor”. Security was also intensified in … read more
As Egypt moves forward on the path to securing a $12 billion loan package from the International Monetary Fund (IMF), the country has found itself facing mysterious calls on social media for protests on Friday against “economic conditions.” The calls … read more
President Abdel Fattah Al-Sisi met with Sheikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the United Arab Emirates armed forces on Thursday. During the meeting, Al-Sisi emphasised the importance of the bilateral relations … read more
Al-Masry Al-Youm Thomas Cook airlines will increase its flights to Egypt this winter, Tourism Minister Yehia Rashed said, adding that it is planning to operate 36 flights weekly to Egyptian cities. Accordingly, he expects a rise in inbound tourism soon. During … read more
By Ahmed Aboulenein CAIRO (Reuters) – Riot police and armoured vehicles filled the otherwise empty streets of central Cairo early on Friday as security forces built up a heavy presence in anticipation of popular protests over deteriorating economic conditions. A … read more