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A senior military source has said that the Egyptian army used a diversion strategy to secure the release of seven kidnapped Egyptian soldiers on Wednesday."The armed forces executed a diversion strategy by sending out mixed information through news ..
Egyptian President Mohamed Morsy has called on political powers and Egyptians to engage in dialogue and on militants who possess weapons to turn them in.Morsy spoke to the press on Wednesday morning at the Almaza airforce base in Cairo, where he ..
The North Cairo Criminal Court on Wednesday acquitted seven policemen accused of killing one protester and injuring 11 others in the Cairo neighborhood of Marg during the 25 January revolution.It was the second time for the case to appear in that ..
Seven members of Egypt's security force captured in the Sinai Peninsula last week have been freed. A spokesman for Egypt's military has confirmed the men are on their way back to Cairo. Egypt's military said it was transporting the hostages back ..
DUBAI - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic program, a senior IMF official said.'We are ready to engage ..
Cairo - Iraq rejects guarantee from Egyptian bank for payment Egypt owes country for sale of 4m bbl of oil a month, Al-Borsa reports, citing unidentified officials in Cairo-based General Petroleum Authority.Iraq asking for $1.2b guarantee from an ..
Cairo - The premium dealers demand for dollars in Egypt’s unofficial currency market is falling as the pound goes through what JPMorgan Asset Management called 'non-chaotic maximum devaluation.' The U.S. currency is selling for 7.47 Egyptian ..
The United States said on Monday that it was 'deeply concerned by the growing trend of efforts to punish and deter political expression in Egypt, accusing Cairo of violating its international obligations.'Numerous individuals, including journalists, ..
CAIRO - Egypt's central bank, worried that banks are investing too much of their cash in local money market and fixed income funds, is imposing stricter limits on such investments, a move asset managers say could cripple their industry.In a copy of ..
CAIRO - Egypt's main opposition bloc said on Saturday that a Muslim Brotherhood-backed bill to regulate human rights groups and other private organizations was an attempt to stifle their work.The National Salvation Front (NSF), an alliance of ..