Latest in Tag: Investment Highlight

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Latest in Tag: Investment


Egypt rejects Gaza categorization as 'enemy entity'

CAIRO: Egypt rejected the Israeli Security Cabinet’s declaration Wednesday to categorize Gaza as an “enemy entity with the major caveat being the consequences on the citizens of the Gaza Strip. Foreign Minister Ahmed Aboul Gheit sent a message to his Israeli counterpart Tzipi Livni expressing Egypt’s refusal of this decision and the consequences it may …

Abdel-Rahman Hussein

Egypt, Syria press for IAEA resolution against Israel

VIENNA: Egypt and Syria urged the UN nuclear watchdog on Wednesday to pass a resolution condemning Israel for possessing nuclear weapons. Israel insisted there was no basis for the resolution, scheduled to be presented on Thursday, and called upon the other member states of the watchdog International Atomic Energy Agency (IAEA) to reject the proposal. …

Daily News Egypt

US news report claims MB had plans to take over the country

CAIRO/DALLAS: A new set of evidence introduced in the Holy Land Foundation terrorism financing trial in the United States prove that the Muslim Brotherhood (MB) have long planned a takeover of the country, a group of US terrorism researchers claim. The evidence included previously classified memos and audiotapes translated from Arabic into English, which allegedly …

Alex Dziadosz

Egypt rejects Gaza categorization as 'enemy entity'

CAIRO: Egypt rejected the Israeli Security Cabinet’s declaration Wednesday to categorize Gaza as an “enemy entity with the major caveat being the consequences on the citizens of the Gaza Strip. Foreign Minister Ahmed Aboul Gheit sent a message to his Israeli counterpart Tzipi Livni expressing Egypt’s refusal of this decision and the consequences it may …

Abdel-Rahman Hussein

Iran, Egypt look to improve bilateral relations

CAIRO: In another episode of the push and pull relationship between Egypt and Iran, the two countries have once again agreed to embark on a series of ministerial meetings after the Iranian Deputy Foreign Minister held talks in Cairo with foreign ministry officials. “There has been an agreement to continue dialogue between both sides in …

Abdel-Rahman Hussein

Delegation meets IAEA over Egyptian nuclear program

CAIRO: A delegation responsible for facets of Egypt’s nuclear program met with officials from the International Atomic Energy Agency (IAEA) in Vienna to present them with status reports on the program for review and approval. A source at the Ministry of Electricity and Energy told Al-Masry Al-Youm that an Egyptian delegation was in Vienna to …

Abdel-Rahman Hussein

Hundreds arrested in Washington anti-war protests

CAIRO: Thousands of protestors stood up against the occupation and quagmire in Iraq during demonstrations in Washington DC last Saturday. The demonstration was predominately organized by Answer coalition, Iran Veterans Against the War, Muslim American Society Freedom Foundation, Not In Our Name, among other anti-war organizations. Answer coalition estimated 100,000 people attended the demonstration on …

Daily News Egypt

Government bans Muslim Brotherhood's annual Ramadan event

CAIRO: The government has banned the Muslim Brotherhood s largest annual social gathering for the first time in 20 years, part of a concerted crackdown against the country s opposition, the group s leadership said Sunday. Every year, the Brotherhood invites a diverse group of some 1,500 people to one of Cairo s five-star hotels …

Daily News Egypt

Ministry employees arrested on bribery charges

CAIRO: The Administrative Monitoring Authority arrested Abdel Hamid Kotb, chairman of the engineering department of the Higher Council of Antiquities along with a number of other employees involved in the bribery case of Ayman Abdel Moneim, the former project manager at the Ministry of Culture. Ahmed Salah, the Ministry’s spokesman confirmed the news to Daily …

Yasmine Saleh

Israel tacitly pushes for Palestinian state in West Bank

CAIRO: Israel appears to tacitly approve of the creation of a Palestinian state on land controlled by the Palestinian Authority (PA) after reports came out in the press that Israel and the PA were on the verge of agreeing to create a Palestinian state in the West Bank. “Israel is not against the creation of …

Abdel-Rahman Hussein

120 Brotherhood detainees released from prison

CAIRO: Of the 300 detained members of the Muslim Brotherhood (MB), 120 have been freed during the past few days, MB Deputy Leader Mohamed Habib told Daily News Egypt. He added that those who were arrested in the run-up to the Shoura Council (Upper House of Parliament) elections last June, should not have been detained …

Yasmine Saleh

Egypt and Arab League voice concerns over peace conference

CAIRO: Both Egypt and the Arab League have voiced concerns over the ambiguity surrounding the agenda of a US-sponsored peace conference to be held in Washington in November. Speaking at a press conference in Cairo Thursday after meeting with French Foreign Minister Bernard Kouchner, Foreign Minister Ahmed Aboul Gheit told assembled reporters that the United …

Abdel-Rahman Hussein

Four chief editors sentenced to one year for insulting ruling party leaders

CAIRO: The Criminal Court of Agouza sentenced on Thursday four editors-in-chief of the most popular independent newspapers to a year in prison and a LE 20,000 fine in what journalists and rights advocates have dubbed the death of press freedom in Egypt. Adel Hammouda, of Al-Fajr weekly, Ibrahim Eissa, editor of Al-Dostour daily, Wael Al-Abrashy, …

Yasmine Saleh

Kouchner meets Mubarak, discusses US peace conference, Iraq, Lebanon

CAIRO: French Foreign Minister Bernard Kouchner met with President Hosni Mubarak, Foreign Minister Ahmed Aboul Gheit and Arab League Secretary-General Amr Moussa in Cairo Thursday as he brought his Mideast tour to a close. Talks centered on Kouchner’s efforts to lay the groundwork for an upcoming US-sponsored peace conference in November, and covered other topics …

Abdel-Rahman Hussein

Palestinian state could be created within weeks, says French FM

CAIRO: Before making quick visits to Jordan and Egypt, French Foreign Minister Bernard Kouchner said that a Palestinian state could be created “within weeks Wednesday morning while talking at the French cultural center in Jerusalem. The minister said, “A Palestinian state should be created in the coming weeks . I seriously felt that something is …

Abdel-Rahman Hussein

Editor accused of spreading rumors about the president's health to stand trial

CAIRO: The editor of Al-Dostour daily independent newspaper Ibrahim Eissa was ordered put on trial over his paper s recent reports questioning the health of 79-year-old President Hosni Mubarak, the state news agency reported Tuesday. Eissa, an outspoken critic of Mubarak, was questioned for seven hours by authorities last week for printing the rumors. He …

Daily News Egypt

Bin Laden back on the big screen

CAIRO: Osama Bin Laden s latest video surfaced on Sept. 7, proving that despite contrary claims, Al-Qaeda is alive and kicking. You made one of your greatest mistakes, in that you neither brought to account nor punished those who waged this war, Bin Laden said in reference to the war in Iraq. Bin Laden appeared …

Daily News Egypt

France's FM begins 4-day Mideast tour to boost Israeli-Palestinian peace process

PARIS: France s Foreign Minister was leaving Monday on a Middle Eastern trip aimed at helping restart the stalled Israeli-Palestinian peace process, the ministry said. Bernard Kouchner is to travel to Israel, the Palestinian territories, Jordan, Egypt and Lebanon over four days, it said. On his first stop, Israel, Kouchner is to meet with Israeli …

AP

Democratic Front Party to propose new constitution at opposition conference

CAIRO: The Democratic Front Party (DFP) proposed holding a conference that would bring together all of Egypt’s political forces, in an effort to draft a new constitution that would ensure a smooth and peaceful transfer of power. At the press conference on Monday, DFP chairman, former Justice Minister Yehia El Gamal read the party’s statement: …

Daily News Egypt

Egypt's ruling party to vote Mubarak leader: official

CAIRO: A top official in the National Democratic Party (NDP)says there is a consensus to elect President Hosni Mubarak as party chairman, quelling reports that Mubarak s son would take over, local press reported. Zakaria Azmi, a senior NDP member and also Mubarak s chief of staff, told party members that there was a full …

AFP

Kouchner arrives in Egypt as part of Mideast tour

CAIRO: French Foreign Minister Bernard Kouchner will be in Egypt today to meet with President Hosni Mubarak, counterpart Ahmed Aboul Gheit as well as Egypt’s defense minister as part of a Middle East tour which takes him to Lebanon tomorrow. Kouchner had already met with Palestinian, Israeli and Jordanian officials. While in Egypt, Kouchner will …

Abdel-Rahman Hussein

Brotherhood military trial reconvenes today amid lingering concerns over detainee health

CAIRO: The military trial of Muslim Brotherhood leader Khayrat El Shater and 39 others continues today. Meanwhile, the family says that the state continues to deny proper medical care to several defendants who are in poor health. According to Brotherhood sources, the presiding judge in the case also refused to open a criminal investigation into …


Permit refusals fuel evacuation fears near border

CAIRO: After a weekend of unrest in Sinai, fears continue to abound among residents about plans to evacuate buildings within 150 meters of the border with Gaza, especially because the land is owned by the state. Threats to block Al-Oja border crossing if demands were not met did not go through, but the situation remains …

Abdel-Rahman Hussein

MB detainee freed for heart surgery, but most sick prisoners remain in jail

CAIRO: Muslim Brotherhood detainee Dr Sanaa Abu Zeid was released from Tora Prison on Monday night after suffering chest pain. He was then sent to the intensive care unit at Manial University Hospital where open heart surgery was recommended. Abu Zeid is the seventh Brotherhood detainee in recent weeks to face serious illness in Tora …


Bin Laden releases new video on six-year anniversary of 9/11

CAIRO: A new audiotape featuring a 14-minute speech by Osama Bin Laden in praise of one of the Sept. 11 hijackers was released on Tuesday to mark the six-year anniversary of the attack on the US. The 47-minute long recording entitled “The Wills of the Heroes of the Raids on New York and Washington, The …

Alexandra Sandels