News

Clinton in Egypt for Mideast peace talks

US Secretary of State Hillary Clinton arrived in Egypt on Tuesday urging Israel and the Palestinians to find ways to clear the “hurdle” posed by a looming expiration of a freeze on Jewish settlements. The settlements issue could stall the … read more

Egypt pound may struggle to rebound from lows

Egypt’s currency seems unlikely to rebound substantially from 3-1/2 year lows any time soon because investor appetite for Egyptian assets may be blunted by uncertainty before a 2011 election — and the central bank may prefer a weaker pound. The … read more

More Bedouin in Egypt see freedom

More Bedouin detainees are to be released, the interior ministry was reported saying by state-run media on Saturday. It is part of the government’s efforts to reduce years of tension between the Bedouin population and the government in the Sinai … read more

Opposition split over upcoming elections

Almost a week after Egyptian Presidential candidate Mohammed ElBaradei called on Egyptians last week to boycott the upcoming parliamentary elections scheduled for October, it is still unclear whether Egypt’s opposition parties will heed ElBaradei call. A statement issued on Thursday … read more

Egypt to reopen border with Gaza

Egypt will reopen its border crossing with the blockaded Gaza Strip at the end of the Islamic Eid holiday period, security sources said on Sunday. The Rafah crossing in the Sinai peninsula will be open in both directions to Palestinians … read more

Egypt bans 149 Chinese exporters

Egypt Minister of Trade and Industry, Rashid Mohammad Rashid issued a decree that bans dealing with 149 Chinese exporters for procuring shipments with falsified licenses to the Egyptian market. Such shipments may jeopardize the health and safety of consumers. Rashid … read more

Barge leaks 100 tons of gasoline into Nile

A barge has leaked some 100 tons of gasoline into the Nile River in southern Egypt after it became partially submerged while workers unloaded its cargo. The vessel docked Saturday in Aswan, about 700 miles (1,100 kilometers) south of Cairo, … read more