Egypt will hold its first international tender for gold mining concessions since 2009 in early December, Petroleum Minister Tarek El Molla said at an economic conference on Monday. Geologists say that Egypt has mineral-rich territory that could be ripe for … read more
Egypt’s Prime Minister Sherif Ismail said the country’s economic reform programme is not merely aimed at propping up the state’s budget but is meant to improve people’s living standards and make the Egyptian economy stronger. Ismael’s remarks came during a … read more
(Aswat Masriya) – An Egyptian lawyer has filed a lawsuit against President Abdel Fattah al-Sisi demanding a halt to the proceedings of the International Monetary Fund (IMF) loan as it “violated the Constitution.” The IMF executive board has approved earlier … read more
Politician Amr Al-Shobaky will file an official complaint to the general prosecutor accusing lawyer and head of Zamalek FC Mortada Mansour of defamation, his lawyer told Daily News Egypt Saturday. Al-Shobaky and Mansour are in dispute over a verdict issued … read more
(Aswat Masriya) – Egypt’s interior ministry cancelled a previous decision to build al-Obour central prison in the Qalyubia Security Directorate, the official state gazette said on Sunday. The interior ministry didn’t reveal the reasons behind their cancellation decision. A report … read more
Egypt’s President Abdel-Fattah El-Sisi will visit Portugal on 21 and 22 November upon an invitation by Portuguese President Marcelo de Sousa, an Egyptian presidency statement said on Saturday. The presidents will discuss ways to develop the two countries’ relationship in … read more
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