Egypt's new president has a window of opportunity to pull the economy from the brink of disaster, but he will have to chart a careful path to convince a host of deeply sceptical players at home and abroad that his is a government they can trust.
June 26, 2012 10:29
Islamist Mohamed Morsy is declared Egypt's first freely elected president
June 25, 2012 10:22
Egypt's currency takes a beating, as citizens await the result of the crucial presidential elections.
June 24, 2012 4:25
Mubarak's ailment subject to speculation, skepticism; No result yet from vote to decide who replaces him; Islamist, ex-military many both claim vote victory
June 21, 2012 1:22
Egypt's pound was bid at 6.0507 to the U.S. dollar on Wednesday, its weakest in more than seven years, following a week of political turmoil.
June 20, 2012 5:44
Egypt's ousted President Hosni Mubarak, jailed for life this month and who has been hospitalised for more than a year, is unconscious and on a respirator but is not clinically dead, two security sources told Reuters on Tuesday.
June 20, 2012 11:52
Egypt's central bank said it sold $526 million in one-year U.S.-dollar-denominated treasury bills on Tuesday, more than the $500 million it originally sought.
June 19, 2012 5:30
The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt to help the country trade with other Arab states, as political instability threatens Cairo with a balance of payments crisis.
June 18, 2012 10:41
Egypt's state wheat buyer said on Wednesday it had purchased six months' supply from local and international sources and was looking to issue a new international wheat tender for delivery in the start of August.
June 13, 2012 5:56
Egypt's state-owned Food Industries Holding Company (FIHC) is looking to buy 30,000 tonnes of sunflower oil and 30,000 tonnes of soyoil in a tender, a Cairo-based trader said on Wednesday.
June 13, 2012 5:48
Egypt's central bank sold 2.5 billion Egyptian pounds ($414.24 million) in five and seven-year bonds on Monday, the same amount it had initially sought, the finance ministry said.
June 12, 2012 11:14
The Gulf emirate's play for key assets of the region's preeminent investment bank has prompted a rival consortium, notably backed by billionaire Naguib Sawiris, to declare an interest in buying it outright. The Qatari deal was approved last week by shareholders, but in the current volatile situation anything can happen.
June 6, 2012 7:12
Egypt's EFG Hermes said on Tuesday its net profit for the first quarter fell 6.8 percent from the same period a year earlier.
June 5, 2012 5:24
It confirmed in a statement that shareholders had approved the venture, in which EFG would have a 40 percent stake and QInvest 60 percent.
June 4, 2012 10:54
Egypt, the world's biggest wheat importer, said on Sunday it was looking to use Georgia's Poti port for shipments of Kazakh wheat once the port is upgraded to receive Panamax ships carrying shipments of 55-60,000 tonnes
June 4, 2012 10:51