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Carter praises Egyptian vote, cites some problems

Former US President Jimmy Carter said Egyptians "should be proud" of the first phase of the parliamentary elections that began this week but said there were areas for improvement for the remaining two stages of the vote.

December 3, 2011 7:32
 

New Egypt finmin cautious on IMF loan – statement

Egypt is not ready for a decision on funding from the International Monetary Fund (IMF), the government said on Saturday in a statement that named Mumtaz al-Saeed as the country's new finance minister.

December 3, 2011 7:29
 
Egypt’s Christians seek to be heard in election

Egypt’s Christians seek to be heard in election

Coptic Christians are trying to make their voices heard in Muslim-majority Egypt's parliamentary election, fearing Islamists could sweep in and deepen their sense of marginalisation.

November 30, 2011 3:09
 
Arab media anxious over Egypt vote, Syria

Arab media anxious over Egypt vote, Syria

Arab media coverage of Egypt's first democratic elections reflected nervousness over a historic vote that could raise pressure for more reforms and bring to power Islamists who could change traditional foreign policies.

November 29, 2011 2:22
 
Egypt fosters false economic expectations

Egypt fosters false economic expectations

Things will get tougher before they get better in Egypt. With rich reigning in ballooning fiscal deficit and unemployment still on the rise, it may be cause more costly unrest.

November 29, 2011 2:15
 

Piraeus says StanChart ends talks to buy Egypt arm

Standard Chartered has ended talks to acquire the Egyptian unit of Greece's Piraeus Bank because of a worsening economic climate, Piraeus said on Monday.

November 29, 2011 1:02
 
Egypt’s political mess holds back aid, economic growth

Egypt’s political mess holds back aid, economic growth

Egypt needs cash, quickly. But without a recognisable government and a ruling military council criticised for its protest crackdown methods, it’ll be very hard to secure investment and assistance.

November 28, 2011 4:26
 

Egypt’s Army Council names Ganzouri Prime Minister

Egypt's ruling military council appointed Kamal Ganzourion Friday as prime minister to form "a national salvation government" to replace the cabinet which resigned this week.

November 25, 2011 3:37
 

Egypt army says committed to democratic transition

Egypt's ruling military council reiterated on Thursday that it woulf not obstruct a transition to democracy, but did not bow to protesters demanding an immediate power transfer to civilians.

November 24, 2011 2:11
 
Egypt threatened by full-blown economic crisis

Egypt threatened by full-blown economic crisis

It couldn’t have happened at a worst time. Without a government and amid clashes, Egypt needs to take immediate action to reduce further fallout, says Una Galani.

November 22, 2011 3:03
 

UAE’s Al Futtaim eyes $1.3B for Qatar, Egypt

Al Futtaim Group, a UAE-based conglomerate, is planning to raise around $1.3 billion to finance its expansion in Qatar and Egypt, an executive at the company said.

November 21, 2011 1:32
 

Egyptian resorts returns to profit in first nine months

Real estate firm Egyptian Resorts turned to profit in the first nine months, reversing a loss for the same period a year earlier, the stock exchange said on Tuesday.

November 16, 2011 12:58
 

Orascom Telecom chariman to step down end-2011

Chairman Khaled Bichara is due to step down at yearend. Orascom has recently reported a net loss of $975 million for Q3 from a profit a year earlier.

November 14, 2011 1:26
 
Rock the vote: Egyptian economy hangs on election results

Rock the vote: Egyptian economy hangs on election results

Egypt needs to lure back foreign investors to alleviate pressure on domestic banks. Even with the promise of Gulf aid, the country’s fortunes hang on its upcoming elections.

November 3, 2011 2:12
 

UK ambassador in Sudan keeps blogging despite protest

Britain's ambassador to Sudan said on Tuesday he would continue his controversial blog despite protests by Khartoum over his latest entry which criticised a severe economic crisis in the African country.

November 2, 2011 10:56
 
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