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Egypt Holds Pound Steady Against Dollar Ahead of Reforms - ABC News Tue, 04 Oct 2016 17:56:19 GMT

Business Recorder (press release) (registration) (blog)

Egypt Holds Pound Steady Against Dollar Ahead of Reforms
ABC News
Egypt held its currency steady against the dollar on Tuesday, as it moves ahead with a reform program expected to weaken the pound drastically but also hopefully pave the way for sustainable economic growth that creates jobs for a surging population.
Egypt central bank to keep pound stable at Tuesday's regular dollar sale -...Reuters
Egypt keeps pound steady at dollar sale despite devaluation talkBusiness Recorder (press release) (registration) (blog)

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Egypt police shoot dead Brotherhood leader - Daily Nation Tue, 04 Oct 2016 15:11:06 GMT

Washington Post

Egypt police shoot dead Brotherhood leader
Daily Nation
Egyptian supporters of the Muslim Brotherhood movement flash the "Rabaa" sign during a rally. Egyptian police shot dead two members of the Muslim Brotherhood, including one of its senior leader Mohamed Kamal, who headed the military wing.
Egypt: Senior Muslim Brotherhood leader killed in shootoutWashington Post
Senior Muslim Brotherhood leader killed in EgyptAljazeera.com
Senior Muslim Brotherhood leader 'shot dead' in EgyptBBC News
TIME -Reuters
all 43 news articles »

Why Egypt's new church law has some activists worried - Al-Monitor Tue, 04 Oct 2016 23:24:30 GMT

Al-Monitor

Why Egypt's new church law has some activists worried
Al-Monitor
In this context, Amr Abdul Rahman, a legal affairs researcher at EIPR, told Al-Monitor, “The Egyptian government does not differentiate between the right to practice religious rituals and the right to build places of worship. For instance, Christians ...
Egyptian parliament approves civil service law after rare defiance of SisiReuters

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CompaniesBarclays to sell Egypt retail, corporate banking unit - Financial Times Tue, 04 Oct 2016 14:49:11 GMT

CompaniesBarclays to sell Egypt retail, corporate banking unit
Financial Times
Barclays has agreed to sell its Egyptian business to a Moroccan rival in a $500m deal that will allow it to slightly boost its capital levels while shedding £2bn of risk-weighted assets and 1,500 staff. Attijariwafa Bank, one of the leading banks in ...


Barclays to sell Egypt operations in $500m deal - Financial Times Tue, 04 Oct 2016 16:36:54 GMT

Financial Times

Barclays to sell Egypt operations in $500m deal
Financial Times
Barclays is calling time on 150 years of history in Egypt by agreeing to sell its operations in the country to a Moroccan rival in a $500m deal that will slightly boost its capital levels and shed 1,500 staff.
Barclays sells Egyptian business to Morocco's Attijariwafa BankReuters
Barclays to sell Egyptian banking businessMarketWatch

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Death Ship Won?t Stop Egypt?s Migrants - Daily Beast Tue, 04 Oct 2016 05:06:38 GMT

Daily Beast

Death Ship Won?t Stop Egypt?s Migrants
Daily Beast
GREEN ISLAND, Egypt — The smugglers forced the last 100 frightened migrants to board a listing ship at knifepoint. They were 12 kilometers (8 miles) off the Egyptian coast and the battered fishing boat was already packed. The smugglers snarled death ...


Ibrahim Halawa: Irish man's Egypt trial adjourned again - BBC News Mon, 03 Oct 2016 10:45:35 GMT

BBC News

Ibrahim Halawa: Irish man's Egypt trial adjourned again
BBC News
An Irish man jailed in Egypt since 2013 has had his trial delayed again. Ibrahim Halawa was 17 when he was arrested during a siege at the Al-Fath mosque in Cairo. He has been accused, along with more than 400 others, of inciting violence, riot and ...
Halawa trial delayed in Egypt for 15th timeRTE.ie
Egyptian court adjourns Ibrahim Halawa trial for 15th timeIrish Times

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Barclays completes sale of Egypt unit to Morocco's Attijariwafa Bank - Reuters Tue, 04 Oct 2016 14:50:00 GMT

Barclays completes sale of Egypt unit to Morocco's Attijariwafa Bank
Reuters
LONDON Oct 4 Barclays has completed the sale of its Egyptian unit to Morocco's Attijariwafa Bank , the British bank said on Tuesday, as it continues to dispose of assets not deemed core to a new strategy focused on the United States and Britain. The ...


$20 bln Chinese investment to build new capital in Egypt - Al-Arabiya Tue, 04 Oct 2016 22:06:35 GMT

Al-Arabiya

$20 bln Chinese investment to build new capital in Egypt
Al-Arabiya
The Egyptian government has entered into an agreement with China Fortune Land Development Company (CFLD), to develop the second phase of the country's new administrative capital east of Cairo at an estimated cost of $20 billion. According to USA ...
Egypt signs $20 bln agreement with Chinese company for new capital developmentAhram Online
Chinese company to spend $20bn developing second phase of Egypt's new capitalThe Africa Report
Chinese group to invest $20bn in giant Egypt projectTrade Arabia
MEConstructionNews.com
all 10 news articles »

Egypt's Muslim Brotherhood leader killed - Al-Arabiya Tue, 04 Oct 2016 12:41:29 GMT

Al-Arabiya

Egypt's Muslim Brotherhood leader killed
Al-Arabiya
Egypt's Interior Ministry said early on Tuesday that it killed a senior Muslim Brotherhood leader it said was responsible for the group's “armed wing” and another member of the group in a shootout on Monday. Mohamed Kamal, 61, a member of the group's ...

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