Egypt's banks will be shut on Sunday, the first day of the business week, the deputy central bank governor said, a move analysts said could spook investors looking to trade after unprecedented countrywide protests.
Thousands of angry Egyptians defied a curfew on Saturday for the second day in a row and stayed on the streets to push their demand that President Hosni Mubarak resign.
The video footage of Egyptian anti-government demonstrations included scenes of protesters (almost entirely young men) looting buildings and carrying off pieces of furniture and whatever other items they are able to seize with their bare hands.
The embattled president of Egypt Hosni Mubarak has promoted his chief of intelligence, Omar Suleiman, to the vice presidency as anti-government protests continue to defy a curfew and demonstrate on the streets.
Saudi Arabia’s state news agency reported that King Abdullah bin Abdulaziz al-Saud criticized the protestors (claiming they are instigated by infiltrators) and strongly backed Mubarak
As anti-government protests in Egypt enter a fifth day, tanks and military personnel are protecting key official buildings in Cairo, including state television, and the Foreign Ministry, as well as major tourist and archaeological sites like the Egyptian Museum, which houses priceless antiquities
With the exception of popular tourist resorts by the Red Sea, Pyramids of Giza and the Great Sphinx, nations issue travel alerts to avoid visiting Cairo and other Egyptian cities.
Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
Like Don Corleone, Mubarak exudes an air of imperious placidity and cooperation (while commanding a fearsome army of killers and enforcers behind him). Also, like the godfather, he seems committed to having his son Gamal succeed him when he dies.
The U.S. government secretly supported leading opposition figures in Egypt who have been preparing to topple President Hosni Mubarak for the past three years, according to cables released by Wikileaks.
President Barack Obama has stated that he urged Egyptian President Hosni Mubarak that he must carry out the reforms he pledged to carry out for the Egyptian people.
When Westerners unfamiliar with Egypt heard that tanks were rolling into the streets of Cairo, they assumed it was bad news
President of Egypt Hosni Mubarak appeared on television late Friday for the first time since riots began in Cairo, saying in a televised address that the country was in a “defining moment” and that he had requested that his cabinet resign so a new one can be designated tomorrow.
Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
Gold surged 2 percent on Friday, gaining as much as $40 per ounce in a knee-jerk rally as fears that unrest in Egypt would spread across the Middle East prompted safe-haven buying. It's the largest one-day gain in nearly two months.
Earnings reports and acquisition announcements took a back seat to the violent unrest in Egypt today, as U.S. stocks fall.
Never shy about sharing his opinion, Vice President Biden had some controversial comments about Egypt’s 30-year ruler Hosni Mubarak.
Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
The recent uprising in Egypt has called into question whether or not the U.S. men's national team will play Egypt next month in Cairo.
Despite Verizon's announced intention to acquire Terremark for $1.4 billion, are down virtually across across the board amid violent uprisings in Middle East.
The U.S. economy gathered speed in the fourth quarter to regain its pre-recession peak with a big gain in consumer spending and strong exports, removing doubts about the recovery's sustainability.