Latest Egypt News
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International Association of Judges Rallies Behind Nations Judiciary
At an international conference focusing on the independence of Egypt's Judiciary on Monday, the president of the International Association of Judges announced a new committee to investigate the feud between the judiciary and the government in Egypt. Gerhard Reissner explained that the association plans to present a comprehensive report on the matter to the United Nations, after hearing ...
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Army Determined to Apprehend Sinai Soldiers Kidnappers
Egyptian Army Soldiers (file photo). Egypt's Armed Forces said on Tuesday it did not and will not hesitate in taking any steps to release the kidnapped soldiers in Sinai. The response to this operation will be swift and harsh, the Armed Forces added. "We will not have pity or mercy on terrorists or those who help them." On their Facebook page, the Armed Forces reported that ...
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Army Raids Sinai Homes in Search of Hostages
Egyptian Army Soldiers (file photo). Security sources in northern Sinai said that army and police forces began raiding homes in al-Sheikh Zuwayed and Rafah on Tuesday in search of the seven security members who were abducted on Thursday. The sources told Aswat Masriya that the raids included about 20 homes in the deserted area of southern Rafah. Forces fired gunshots at subjects who were ...
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Gunman Killed in Airstrike in Sinai
Egyptian Army Soldiers (file photo). A gunman was killed in an air strike on a village in northern Sinai during a security operation on Tuesday, reported a state-owned news channel. The armed forces and the police are currently carrying a security operation to liberate the seven security officers who were kidnapped on Thursday by Islamist militants. The security forces also captured three ...
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Authorities Deny Killing Gunman in Sinai
Egyptian security sources denied killing a gunman in an airstrike in northern Sinai, saying that the security forces mistakenly fired on a funeral during a sweep search for the security personnel who were kidnapped on Thursday. A state-owned news channel has reported earlier that a gunman was killed during the military operation conducted to free the seven kidnapped security officers. The ...
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Egypts EFG Hermes says Q1 net profit jumps 27 pct
CAIRO | Wed May 22, 2013 4:40am EDT CAIRO May 22 (Reuters) - EFG Hermes, Egypt's biggest investment bank, saw net profit jump 27 percent in the first quarter from the same period a year earlier, the bank said on Wednesday. Net profit for the period increased to 98 million Egyptian pounds ($14 million) from 77.0 million pounds in the first quarter of 2012, the bank said in a ...
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Egyptian Authorities Reopen Rafah Crossing
Gaza, May 22 (BNA) - Egyptian authorities reopened on Wednesday the Rafah border crossing between Egypt and the Palestinian territories, south of the Gaza Strip, in both directions after the success of the Egyptian army in releasing its seven soldiers who were kidnapped last Thursday in north Sinai. Rafah crossing was closed for five consecutive days due to protest against the kidnapping of the ...
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Tonight with Hani comedian actor is also an upstanding Egyptian citizen
the current judicial system . The comedian actor joined up with other celebs from the country at one of Cairo's most fabulous hotels because he knows that if you want to see improvement, you gotta take a ...
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Seven Egyptian hostages freed in Sinai en route to Cairo
After almost a week in captivity, seven soldiers held hostage by unidentified militants in Sinai have been released and are en route to Cairo confirmed Egyptian Armed Forces Spokesperson Ahmed Mohamed Ali, early Wednesday morning. The officers, who are being flown back to the capital, are free thanks to the efforts ...
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CIB submits request to discuss capital hike
) submitted a request in order to call for both EGM, OGM to discuss increasing issued and paid capital through free distribution from genaral reserves (one free stock for every existing two ...
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Kidnapped Egyptian soldiers in Sinai released
"The soldiers are on their way to Cairo after their release thanks to efforts of the Egyptian military intelligence in coordination with the elders of the tribes and families of Sinai," a spokesman of the Egyptian army was quoted as ...
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Sinai Egyptian hostages released - army spokesman
Seven Egyptian security officers kidnapped in Sinai last week have been released – according to an army spokesman. Ahmed Ali made the statement on his Facebook page. It said: ';The seven kidnapped Egyptian soldiers are on their way to Cairo after their release thanks to the efforts of Egyptian military intelligence in coordination with the elders of the tribes and families of ...
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Egypt TV 7 security personnel kidnapped in Sinai freed
Egyptian soldiers deployed at Rafah Crossing border between Egypt and Gaza Strip on May 21, 2013 as Cairo was intensifying efforts to secure release of seven security personnel captured in Sinai Peninsula week ...
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Hunger poverty rates rise in Egypt over the past three years UN
New York, May 22 : Poverty and food insecurity in Egypt have risen significantly over the last three years, according to a joint reports released Tuesday by the United Nations food agency and ...
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Egyptian state TV says 6 policemen border guard abducted in Sinai have been released
CAIRO - Egyptian state TV says six policemen and a border guard kidnapped by suspected militants in the Sinai Peninsula last week have been freed. The report says the men were let go in the middle of the desert by their captors and the military was transporting them on Wednesday back to the Egyptian capital, Cairo. The military's spokesmen, Col. Ahmed Mohammed Ali, confirmed the release ...
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17 of Egypts population suffered food insecurity
Average Egyptian household spends 40.6 percent of its expenditures on food The World Food Programme (WFP) in Egypt released a report on Tuesday showing that 17 percent of Egypt's population, an estimated 13.7 million people, suffered from food insecurity in 2011, compared to 14 percent in 2009.According to the joint report by the World Food Programme, the International Food Policy Research ...
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Food Security and Nutritional Status Worsening Amidst Economic Challenges
Cairo - Poverty and food insecurity in Egypt have risen significantly over the last three years according to joint reports released today by the UN World Food Programme (WFP), the government's Central Agency for Public Mobilization and Statistics (CAPMAS) and the International Food Policy Research Institute (IFPRI). A report by WFP and CAPMAS found that an estimated 13.7 million Egyptians ...
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Turkey increases Egypts credit line by $250m
Turkish deputy prime minister Ali Babacan has said his country will increase its $1bn credit line to Egypt by $250m, Reuters has reported. Turkey was expected to transfer the remaining $1bn of a $2bn budget support package agreed last year for Egypt this ...
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World Briefing | Middle East Egypt Security Forces Fire on Funeral
Egyptian officials say soldiers and police officers mistakenly fired on a Bedouin funeral in the Sinai Peninsula during a search for kidnapped security personnel. The officials say the troops thought the funeral convoy was carrying gunmen who refused to ...
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Debate in Egypt as IMF official urges govt to cut
The statement of an International Monetary Fund (IMF) official urging the Egyptian government to cut energy subsidies has stirred up debate among local experts.On Tuesday, Masood Ahmed, IMF chief for the Middle East and Central Asia, told reporters in Dubai that Egypt should cut energy subsidies and spend more in other fields to reinvigorate its ailing economy.Ahmed said Egypt spends on energy ...
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1 militant killed 3 arrested in Egypts Sinai
One militant has been killed and three others arrested in a military campaign in the Egyptian governorate of North Sinai on Tuesday, a security official told Xinhua."During a military campaign in southern Rafah in North Sinai, the security forces were surprised by heavy gunfire at Al-Barth area and exchanged fire with the militants," the security source said.Afterwards, the security ...
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Egypt tourist arrivals rise but not by enough
Egypt rose in the first four months of 2012, the Cabinet said Tuesday, but analysts say the sector is still suffering from the aftermath of the country’s 2011 uprising. The revolt that ousted ...
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Egypt passes new tax law in bid for economic reform
according to the Associated Press , describing the measure as one that will shift the burden on the poor to that of the nation's struggling small business sector. As for the nation's powerful and wealthy elite, the new law won't touch ...
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Saipem awards Oceaneering Egypt offshore deal
Italian oil and gas industry contractor Saipem has awarded Oceaneering International the contract to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. The order includes 10 subsea production control umbilicals totalling approximately 84km in length and two electrical power cables totalling around 55km in length. The project is set to be ...
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Egyptian army secures Sinai in hunt for Islamists
Rafah near the border with Gaza on Thursday in the latest setback for the Cairo government's efforts to reinstate law and order in the Sinai ...










