The Latest Breaking News from Egypt

Egypt Says Ancient Royal Tomb Unearthed in Luxor

Archaeologists unearthed an ancient tomb in the southern Egyptian city of Luxor, known for its treasures dating back to the pharaohs, authorities said Saturday. Mostafa Waziri, secretary-general of the Supreme Council of Antiquities, said an Egyptian-British mission found the royal tomb in an ancient site on the west bank of…

Asharq Al-Awsat · Jan 14, 2023

Pharaoh Ramses II’s Sarcophagus in Paris for Rare Loan

The sarcophagus of ancient Egyptian pharaoh Ramses II is to return to Paris in April for the first time in almost 50 years, in a rare loan of the relic outside Egypt. The ornate coffin will be on show in the French capital from April 7 to September 6, the…

Asharq Al-Awsat · Jan 13, 2023

Sarcophagus of Egyptian pharaoh Ramses II to make rare visit to France

Nearly half a century after it was first shown in Paris in 1976, the sarcophagus of Pharaoh Ramses II will be back on display in France. On special loan from Egypt, it will be the highlight of a major exhibition in the French capital from April to September, organisers announced…

Radio France Internationale · Jan 13, 2023

Egyptian Inflation Reaches Highest Level in 5Y, IMF Expects a Decline After 2Y

Egypt's annual urban consumer inflation rose sharply in December to 21.3 percent, its highest level in five years, according to Central Agency for Public Mobilization and Statistics (CAPMAS). The inflation rate in December was the highest since 2017 when it reached 21.9 percent. The rise from 18.7 percent in November…

Asharq Al-Awsat · Jan 11, 2023

Egypt foils plot to steal 10-tonne statue of Ramses II

Suspects are accused of attempting to steal a statue of Ramses II from a quarry in the ancient southern city of Aswan.

Al Jazeera · Jan 11, 2023

Egypt's Pound Weakens to New Low of 30/USD

Egypt's pound weakened on Wednesday to a new low of 30 against the US dollar after fluctuating in morning trading, Refinitiv data showed. Egypt committed to a flexible currency, a greater role for the private sector and a range of monetary and fiscal reforms when it agreed to a $3…

Asharq Al-Awsat · Jan 11, 2023

US State Department to Revive Palestinian-Israeli Talks

Israel and the countries that signed the Abraham Accords discussed enhancing cooperation in areas, such as security and information sharing, during the Negev Forum Working Group meetings in Abu Dhabi, according to a US official. The Negev Forum Working Groups Meeting began in the presence of about 150 representatives of…

Asharq Al-Awsat · Jan 11, 2023

Egypt Stops Bid to Steal 10-ton Ancient Statue

Egyptian authorities said Tuesday they had detained three people for trying to steal a millennia-old 10-ton statue of the pharaoh Ramses II with a crane. The public prosecutor's office said in a statement it had "ordered three defendants be held in custody for four days pending investigations", accusing them "of…

Asharq Al-Awsat · Jan 11, 2023

Couple who swapped UK for Egypt to avoid cost of living say they’ve made a profit

Exclusive: ‘The weather’s fabulous. And it’s cheaper than staying at home’; holidaymakers who snapped up a ‘loss-leader’ from easyJet Holidays tell Simon Calder they are making a profit by spending January in Egypt

The Independent UK · Jan 10, 2023

Can a month-long package holiday in the sun work out cheaper than staying at home?

Exclusive: ‘The weather’s fabulous. And it’s cheaper than staying at home’; holidaymakers who snapped up a ‘loss-leader’ from easyJet Holidays tell Simon Calder they are making a profit by spending January in Egypt

The Independent UK · Jan 10, 2023