The Central Bank of Egypt (CBE) reduced the size of its offering in its daily foreign currency auction on Wednesday, a day after Qatar threw Egypt an economic lifeline by sending $2.5 billion in aid to help the country contain an ongoing currency crisis.
Iranian Foreign Minister Ali Akbar Salehi will meet Egyptian President Mohamed Morsi to discuss the Syrian crisis during his visit to Cairo on Wednesday, Tehran's ambassador to Cairo told pan-Arab daily Asharq Al-Awsat.
Egypt, battered by political turmoil and an economic crisis that has sent the local currency tumbling, will hold a parliamentary election in April, officials said on Wednesday.
Ismailia Military Court extended journalist Mohamed Sabry’s detention and postponed his case until 15 January, as several human rights organizations condemned his continued imprisonment Wednesday.
The Egyptian pound hit a record low on Tuesday after weakening again at a central bank U.S. dollar auction designed to stem a decline in the country's dwindling foreign currency reserves.
Qatar has provided Egypt with US$5 billion in financial aid, including a $1 billion grant, Qatar's Prime Minister Hamad bin Jassim al-Thani said in a press conference in Cairo Tuesday attended by Egyptian Prime Minister Hesham Qandil.
The International Monetary Fund (IMF) held "productive" discussions with Egypt about its economic strategy, a senior Fund official said on Monday after a visit to the country.
Former Deputy President of the Supreme Constitutional Court Tahani al-Gebali, has filed a challenge against Egypt’s new Constitution and its stipulations on the court’s system of adjudication.
Former presidential candidate and Strong Egypt Party head Abdel Moneim Abouel Fotouh has denied any intention to merge with the National Salvation Front in the upcoming parliamentary elections, accusing the front of deepening political divides.
Inclement weather on Monday prompted the closure of the Arish and Damietta marine ports and caused a road collision that led to the death of six people in northern Egypt, Egyptian state TV reported.
A Cairo criminal court on Monday sentenced journalist El-Walid Ismail to one year in prison for attacking Egyptian security personnel during last year's trial of ousted president Hosni Mubarak.
The Political Parties Affairs Committee has officially approved the establishment of the National Movement Party, founded by former presidential candidate Ahmed Shafiq, Al-Arabiya website reported.
Yousef bin Gaon, the head of the Jewish community in Alexandria, condemned statements made by Essam al-Erian, vice president of the Freedom and Justice Party, in which he accused the regime of former President Gamal Abdel Nasser of expelling Egyptian Jews from Egypt.
Constitution Party leader Mohamed ElBaradei on Sunday reshuffled the party's steering committee and made changes to the party's structure in preparation for the upcoming parliamentary election.
Ten Egyptian ministers are decided to be replaced in a partial cabinet reshuffle, including the interior and finance ministers, state news agency MENA reported.
Egypt's Giza Criminal Court has adjourned the trial of steel mogul Ahmed Ezz Sunday morning to 6 March. Ezz, along with six other officials including ex-industry minister Ibrahem Mohamadein, is facing charges of profiteering and gross squandering of public funds.
Talk of political alliances ahead of upcoming parliamentary elections increased yesterday after a meeting that included Strong Egypt Party head Abdel Moneim Abouel Fotouh, Constitution Party head Mohamed ElBaradei and Egypt Party head Amr Khaled.
Former presidential candidate and Popular Current founder Hamdeen Sabbahi met with members of the political bureau of the April 6 Youth Movement Friday evening to discuss the formation of “a new revolutionary political alliance, that does not include remnants of the former regime,” said a statement issued by the movement on Saturday.
A top International Monetary Fund official will visit Egypt on Monday for talks likely to focus on the $4.8 billion loan agreement frozen last month because of political unrest in the country.
Egypt’s government will form a supreme commission to combat corruption, announced Egyptian Premier Hisham Kandil Thursday
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The Light of the Desert-Documentary on St Macarius Monastery, Egypt