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Fuel and energy prices in Egypt have increased significantly on Thursday as the country deals with its economic and financial crisis triggered by the mass protests that brought an end to the government of Hosni Mubarak and a coup d’état Read more
The protests of the Nubians for their right to return on their lands that are being sold or offered by the Egyptian government to investors and military high ranking officials are seriously gaining momentum. Nubian rights lawyer Mohamed Azmy warned Read more
On Thursday, an Airbus A320 of EgyptAir flying from Paris to Cairo, with 66 people onboard, including 10 crewmembers, disappeared from the radar while in Egyptian airspace. The circumstances surrounding its disappearance are yet unknown because it didn’t send out Read more
The 205-page policy statement of the Egyptian government led by Prime Minister Sherif Ismail received the vote of confidence of the parliament on Wednesday. 90% of the lawmakers present voted in support of the government’s program after a 10-day debate. Read more
The Central Bank of Egypt’s decision to devaluate the Egyptian pound by 14.4% against the US dollar was welcomed by credit rating agency, Fitch, as “credit positive” but added that “insecurity” and “political uncertainty” call for more measures as foreign Read more
Egyptian Prime Minister Sherif Ismail informed the parliament that the country’s debt has soared to around $293 billion (EGP 2.3 trillion) almost a year after the Central Agency for Public Mobilization and Statistics stated in a March 2015 report that Read more