Egypt is set to launch what will be a highly sought after tender in early June to buy up to $3 billion of liquefied natural gas (LNG) over 2016 and 2017, senior state officials and trade sources said. Egypt has … read more
Capital punishment is making headlines again in Egypt, after the Cairo Criminal Court on Saturday issued a preliminary death sentence for ousted Islamist president Mohamed Morsi and 105 others in the “Wadi-Natroun jailbreak” case. On Sunday, Egypt executed six men, … read more
The 2016 World Economic Forum on the Middle East and North Africa will be held in the Egyptian resort town of Sharm al-Sheikh in May, President Abdel Fattah al-Sisi said on Friday at the 2015 Forum. This year’s forum is … read more
An Egyptian administrative court on Wednesday ordered that the prime minister take the necessary measures to censor pornography websites inside Egypt, just two years after the same court decided not to ban them in another case. The court’s latest decision … read more
A Cairo prosecution released on Tuesday a senior editor who was arrested a day earlier over charges of spreading false news, state news agency MENA said. Ibrahim Aref, editor-in-chief of online news website Al-Bayan, was arrested over publishing a news … read more
Islamic State’s Egypt affiliate on Wednesday urged followers to attack judges, declaring a new front in an Islamist militant insurgency in the world’s most populous Arab state. The leader of the group Sinai Province called for violence against judges in … read more
Egypt’s trade deficit widened to 21 billion Egyptian pounds in February, from 20.2 billion pounds a year earlier, the state’s Central Agency for Public Mobilisation and Statistics (CAPMAS) said on Thursday. CAPMAS reported a 6.9 percent decline in imports’ value … read more
Egypt’s government put a 10 percent tax on capital gains on hold on Monday, reversing a key component of its economic reform agenda that had garnered criticism from investors. It kept in place a 10 percent tax on stock dividends. … read more
Unknown assailants have bombed three high voltage electricity pylons in Beheira governorate, causing them to collapse, Al-Ahram Arabic news website reported. The attackers on Monday used at least eight explosive devices to bomb each pylon, said Brigadier-General Mohamed Fathy Ismail … read more
A Cairo court upheld a decision to confiscate the funds of business tycoon Hussein Salem, and the funds of a former petroleum minister on Sunday. Today’s decision includes Salem’s wife, and Sameh Fahmy, a minister from the era of toppled president … read more