Egyptian President Abdel Fattah al-Sisi appointed Tarek Amer as the new governor of the Central Bank of Egypt (CBE) on Wednesday after former governor Hesham Ramez handed in his resignation, the presidency said. This comes less than a week after multiple … read more
Reuters Egypt’s central bank governor Hisham Ramez will not renew his term when it expires in November and will be replaced by senior banker Tarek Amer, the presidency said in a statement on Wednesday. Ramez has faced increasing criticism in … read more
Semi-official results from the first stage of Egypt’s parliamentary elections show that the “For the Love of Egypt” electoral coalition has emerged victorious, with the ultraconservative Salafist Nour Party, the only Islamist force contesting in the polls, facing a big … read more
The total number of Egyptian expatriates who voted in the first phase of legislative elections was 30,531 in 139 embassies and consulates across the world, said Ayman Abbas, head of the Supreme Elections Committee (SEC) Tuesday. Egyptians living abroad cast … read more
Results of voting inside Egypt in the first phase of legislative elections will be announced Wednesday, said Omar Marwan, official spokesman of the Supreme Elections Commission (SEC) Monday night. He added that the results of voting abroad were going to … read more
The Egyptian pound is projected to change hands at between 8.20 and 8.25 to the dollar by the end of 2015, analysts told Aswat Masriya, signaling that the pound is depreciating faster than had been expected. The pound was depreciated … read more
Outspoken activist Samira Ibrahim, known for the “virginity test” scandal is running in the the 2015 parliamentary race amid criticism from the boycott camp. Ibrahim, then a relatively unknown 24-year-old from Upper Egypt, shot to local and international fame when … read more
Egypt’s central bank depreciated the Egyptian pound by 10 piasters allowing it to drop from 7.83 to 7.93 Egyptian pounds to the dollar on Sunday, in the second depreciation within one week, taking the currency’s decline to the year to … read more
Polling stations in 14 Egyptian governorates opened at 9am on Sunday to kick off voting in the last step of Egypt’s transitional road map — the election of a parliament. Some 27,402,353 voters are registered to take part in the … read more
Army and police forces have deployed more than 400,000 troops to secure upcoming parliamentary elections, which kick off on October 18 and end on December 2. Egyptians living abroad in 139 countries will begin voting in the elections on October … read more