BrainKing - Press monitoring (Egypt)

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CAIRO (AP) — Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy.

Tue, 21 May 2013 14:00:28 -0700

CAIRO (Reuters) - Egypt's army and police stepped up roadblocks in an area of northern Sinai as they tried to track down militant Islamists who kidnapped seven security officers last week, a security source said on Tuesday. The militants seized the men on a road between the towns of el-Arish and Rafah near the border with Gaza on Thursday, in a challenge to the government's failing efforts to ...

Tue, 21 May 2013 08:24:30 -0700

CAIRO (Reuters) - The number of tourists visiting Egypt rose in the first four months of 2012, the cabinet said on Tuesday, but analysts say the sector is still suffering from the aftermath of the country's 2011 uprising. The revolt that ousted President Hosni Mubarak sparked more than two years of protests, riots and political instability, denting Egypt's tourism sector - a major employer and ...

Tue, 21 May 2013 05:25:07 -0700

CAIRO – Once again, a handful of activists has managed to galvanize and inspire Egypt’s grumbling masses in a way no opposition political parties have been able to.

Tue, 21 May 2013 08:08:32 -0700

By Martin Dokoupil DUBAI (Reuters) - 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 programme, a senior IMF official said. "We are ready to engage with them on reviewing and finalising the programme as soon as they completed it," Masood Ahmed, IMF Director for the ...

Tue, 21 May 2013 07:37:44 -0700

CAIRO – Once again, a handful of activists has managed to galvanize and inspire Egypt’s grumbling masses in a way no opposition political parties have been able to.

Tue, 21 May 2013 02:27:31 -0700

How the shake-up in Egypt is being felt far from Cairo

Mon, 20 May 2013 18:29:56 -0700

DUBAI (Reuters) - Inflation in Egypt is expected to climb to 10.9 percent this year, the highest level since 2010, the International Monetary Fund said on Tuesday, more than it expected in April. "Inflation is expected to rise in Egypt, Jordan, Morocco, and Tunisia, reflecting recent and planned subsidy cuts and, in some cases, pressure from monetization of fiscal deficits and supply shortages ...

Mon, 20 May 2013 23:41:17 -0700

By Yousri Mohamed EL-ARISH, Egypt (Reuters) - Egypt's army sent reinforcements into the Sinai Peninsula on Monday after President Mohamed Mursi said there would be no talks with militant Islamists who have abducted seven members of the security forces. A military official said the decision followed a meeting between the military leadership and Mursi, who has said he will not submit to blackmail ...

Mon, 20 May 2013 02:55:19 -0700

Egypt deploys extra troops to the Sinai peninsula after seven members of the security forces were abducted there.

Mon, 20 May 2013 07:36:43 -0700