Egypt’s total budget deficit jumped to LE 69.6 billion, or about 3.9 percent of the country’s GDP, during the July-October 2012 period. The number is a marked increase from the same period last year, when the total deficit of the … read more
Egypt’s judges have called for a nationwide strike in protest against a decree by President Mohamed Morsi granting himself extensive new powers. After an emergency meeting on Saturday, the Supreme Judicial Council, Egypt’s highest judicial authority, urged Morsi to retract … read more
Egypt’s police continued to bombard protesters with tear gas on Sunday morning, as the attacks reached the main Tahrir Square in downtown Cairo. A wall has been erected on the main Qasr el-Aini street leading to the iconic square as … read more
CAIRO: Once again, the use of tear gas on Egyptian protesters is becoming a growing concern. Journalists, activists and others have reported sore throats and chest pain after exposure to only one day of braving the near endless barrage of … read more
Hundreds of protesters who marched on Egypt’s High Judiciary Court in downtown Cairo to protest against president Mohamed Morsi’s decree were attacked by unknown assailants. The liberal Constitution Party, the Egyptian Social Democratic Party and the liberal Wafd Party were … read more
Economic experts and investors have warned that Egypt’s ongoing political instability could harm the still-fragile economy, warning that economic indicators do not have the strength to withstand the fallout from recent protests and events. Federation of Chambers of Commerce head … read more
The Muslim Brotherhood is calling for mass protests to take place Sunday in support of the newly issued constitutional declaration by President Mohamed Morsi, who hails from their ranks. The demonstrations are planned to take place in Egypt’s town and … read more
Clashes erupted outside the High Court between supporters and opponents of President Mohamed Morsy’s new constitutional declaration while the Judges Club held an emergency meeting inside. Some supporters of the declaration shot off fireworks at the gates of the court, … read more
The Administrative Court has ordered Dream TV broadcasts to be temporarily resumed pending a 8 December court review of the case. The decision came after the Dream TV satellite channel was stopped by the government from broadcasting outside of its … read more
At least Ten thousand people are spending the night in Cairo’s Tahrir square to protest the constitutional declaration President Morsi issued on Thursday. Two dozen tents are set up in the square’s central island. Tens of street vendors serve food … read more