Telecom Egypt, the country’s fixed-line monopoly operator, reported a 36 per cent fall in first-quarter net profit on Tuesday, saying business was hit by the weak economy.
Supporters of Nasserist presidential candidate Hamdeen Sabahi plan to form human chains in ten governorates on Tuesday as part of their campaigning efforts
Egyptian non-petroleum exports declined 11% during the month of April, earning $1.8 billion compared to $2bn during the same month the year before, according to the Ministry of Industry, Foreign Trade, and Investment’s monthly report.
There are no ifs or buts about it. The word on the street is “When Al Sissi comes ...” the operative word being “when”. This hypothesis is supported by polls indicating the former army chief can expect to garner between 72-82 per cent of the ballot that is scheduled for May 26 and 27, while his only rival, the veteran leftist politician and leader of the Nasserist Party, Hamdeen Sabahi, can expect no more than two per cent. Such assumptions come with their own risks.
Presidential frontrunner Abdel Fattah al-Sisi said on May 11 Egypt's situation will improve in two years, adding that he would not hesitate to resign if there were mass protests against him.
Mahmoud Fawzy, spokesman of a technical committee in charge of amending Egypt's election laws, said the committee will finish drafting amendments for two laws on Tuesday – the 1956 law on the exercise of political rights and the 1972 law regulating the performance of the House of Representatives, Egypt's lower house parliament.
The official campaign for presidential contender Abdel Fattah al-Sisi has spent only 12 million Egyptian pounds so far, Tarek Nour, the campaign's coordinator and chief advisor told Aswat Masriya on Sunday.
An Egyptian court on Sunday sentenced 36 students of the prestigious Al-Azhar university to four years in prison each over violent protests backing ousted president Mohamed Morsi, judicial sources said.
Saudi fuel donations to Egypt from last month through August will be worth more than $3 billion, a top Egyptian energy official said, as part of a financial lifeline from the Gulf helping to ease the country's energy crisis.
The news that a Cairo judge recently sentenced a man to a year in prison for sexual harassment was welcomed by those who have fought for such offenses to be recognised as a crime. But daily insecurities and lax law enforcement leave the deck still stacked against Egyptian women.
Presidential frontrunner Abdel Fattah al-Sisi, who ousted elected leader Mohamed Morsi, has prioritised stability over freedoms, insisting it will take up to 25 years for Egypt to achieve “true democracy”.
Abdel-Fattah el-Sissi, the former military chief who removed Egypt's elected Islamist president and is poised to win the post in elections later this month, said he has plans to make improvements in people's living conditions within two years but will step down if they rise up against him — without waiting for the army to remove him.
A branch of the April 6 Youth Movement, once a leading revolutionary youth group and now outlawed by interim authorities, said on Wednesday it opposes former army chief Abdel Fattah El-Sisi's presidential candidacy but has not yet decided whether or not to boycott the upcoming poll.
Egypt's Antiquities Ministry says tomb dating back to around 1100 B.C. has been found south of Cairo.
Egyptian shares dropped the most in a month as the pound slid to a record and investors freed-up cash for the country’s first initial public offering in almost four years.
Egypt's coup general and former defence minister Field Marshal Abdel-Fattah al-Sisi has slammed the Turkish government for its stance on Egypt following the ousting of elected Egyptian president Mohamed Morsi on July 3, 2013.
Hamas must recognize the existence of Israel if the Palestinians are to move forward with their hopes of establishing their own state, former Egyptian foreign minister Amr Moussa said Wednesday during his visit to Washington.
An Egyptian court has sentenced 16 defendants in absentia to three years for their involvement in violent clashes that erupted in February 2013, a judicial source said on Wednesday.
The Support Egypt Fund 306306 has successfully collected around EGP 1bn, board of trustees’ member Hani Sarei El-Din told the Daily News Egypt Tuesday, adding that a “new round of fund collection will be announced by the end of June”.
Ex-army chief and leading presidential candidate Abdel Fattah al-Sisi warned Egyptians on Tuesday they will have to be patient and work hard to salvage their economy after three years of unrest.
Egypt's interim government said Wednesday it is restoring daylight saving time this month to alleviate a crippling energy crisis, three years after previous officials abolished it.
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Grace always has work that exceeds the humans’ perception.