Egypt floated the country’s pound Thursday as part of a raft of reforms, after a dollar crunch and exorbitant black market trade threatened to grind some imports to a halt. The government of President Abdel Fattah al-Sisi is rolling out an austerity program and seeking billions in support from abroad ...
At least four army troops have been killed in clashes with militants in Egypt’s restive Sinai Peninsula, the Egyptian military said. In a Sunday statement, military spokesman Brigadier-General Mohamed Samir said clashes broke out when troops carried out security raids in the northern Sinai Peninsula. Six militants were killed in ...
