Latest in Tag: Mubarak Highlight
Latest in Tag: Mubarak

Court rejects appeal for Ahmed Ezz imprisonment
Steel tycoon still facing charges
Egypt covers 50% of foreign investors’ repatriation backlog
Reuters – Egypt’s central bank has covered 50% of a backlog of dollars owed to foreign investors seeking to repatriate funds from the country, it said in a statement on Thursday. A repatriation scheme opened in March last year and aimed at restoring confidence in Egypt’s economy guarantees foreign investors in Egypt’s stock and government …

Ahmed Ezz granted bail for illegal acquisition of steel company, but remains in detention
The steel tycoon remains locked up for two other financial corruption cases

State council repeals new cabinet election law
Law will now allow those convicted of a crime to run for office

So how is the economy?
Last week we talked about the challenges facing the new Egyptian government. We spoke of the newly appointed prime ministerâs objectives. Mr Mehleb has proclaimed that his main aims are to wipe out militant violence and improve the economy. Well, security we all know about and can see its status by watching the news; but how …

Egyptian autocrats struggle with footballâs political pros and cons
By James M. Dorsey An Egyptian government initiative to build more than a thousand new football pitches to âkeep youth off the streetsâ against the backdrop of a rising number of clashes between fans and security forces and a likely extension and expansion of the ban on spectators attending matches highlights the opportunities and threats …

Mubarak embezzlement case postponed until 19 March
Prosecution accuses four new defendants of aiding the former president

Op-ed review: The future and 11 February 2011
Lifeboats Ezzedine Choukri Fishere Al Masry Al Youm Newspaper âSomeone asked me: âShould we build a Noahâs arc to take us all to the new state that we want to build?â I said no. That was a good model in the old age, but now the evil ones will not allow you to build an …

A benevolent dictator would consider human rights for respectful citizens: Hammouda
Daily News Egypt interviews Ahmed Ezzâs lawyer

Mubarak to face trial on new charges
The latest charges brought against Mubarak and his two sons Alaa and Gamal involve their alleged embezzlement of 125 million Egyptian pounds ($18m)

Stimulus package almost ready
Government aims to reassure that Egypt safe for investors

6 April warns of continued resistance
Movement claims to have evidence proving security forcesâ responsibility for the death of its members

Mubarak-era networks return for new military man
Their return casts fresh doubts about the stumbling political transition in Egypt
Egyptian bank says lining up first IPOs since Mubarak era
The last IPO on the Egyptian exchange was in 2010.
Egyptâs growth to miss forecasts
Reuters – Egyptâs economy will only grow by 2.0% in the fiscal year ending June 2014, well below the government target of 3.5%, according to a Reuters poll of economists who lowered their forecasts once again. Chances for an economic rebound were hurt by violence and political turmoil after Islamist President Mohamed Morsi was ousted …

Egyptâs ânew normalâ aids financial market rebound
Egyptâs economy was growing at about 6% annually for several years before Mubarak was ousted.

Egypt: three years of unrest
Key developments in Egypt

Activists who toppled Egypt’s Mubarak see autocracy return
Government crackdown has been widened in recent months to target the liberal and secular activists who led the 18-day revolt in 2011

Italy lifts travel warning for Egypt resorts
Before the ban, 400,000 Italian tourists visited Egypt in 2013

One more anniversary
Another anniversary passes by, as Egypt remains stuck inside the loop of political transformations that began on January 2011. Much has changed since that Tuesday where a few thousands took to the streets defying Mubarakâs corrupt repressive state. Personally, I was one of those who left Tahrir Square that night with a clear decision in …

Is there any reason left to be bullish on Egypt?
After the dust cleared and the votes were counted for Egypt’s newest constitutional referendum, the interim regime cheered, announcing that the results represented âa clear endorsement of the roadmap to democracy, as well as economic development and stabilityâ. Others were more critical, though perhaps fewer than might be expected were particularly public about their disapproval. …

New constitution opens road for Sisi but youths distanced
Egyptian voters have approved the Tuesday-Wednesday referendum by 98.1%, officials announced Saturday, and the results are seen as nod to General Abdel Fatah Al-Sisi to run for president.

Egyptiansâ lives: Between reality and fantasy
By Mohammed Nosseir Egyptians live two parallel lives: the life of reality that they struggle through daily and a fantasy existence of which they dream, a fantasy that they feel is quite close to reality, but have never managed to reach. Although the gap between the two is large and constantly growing, most Egyptians donât …

Egyptian football fans threaten to revive stadia as battle fields
By James MÂ Dorsey With multiple potential flashpoints coinciding, militant, street-battle hardened Egyptian football fans threaten to align stadia alongside the countryâs universities as battle grounds against the armed forces and the military-backed government. The football support groups known as ultras have warned that they would disrupt Egyptâs newly revived league competition if spectators continue to …

TV host Ibrahim Eissa testifies as Mubarak trial reopens
Media allowed to cover hearing for the first time since September

Egypt: Three years of unrest
AFP – Key developments in Egypt since the 2011 revolt that led to the overthrow of former president Hosni Mubarak after 30 years in power: — 2011 — – 25 January: Massive protests erupt, after a revolt topples Tunisia’s ruler. About 850 people die in unrest over 18 days. – 11 February: Mubarak resigns …

NGOs highlight grave human rights violations since Morsiâs ouster
NGOsâ Arms of Injustice report focus on unjust laws, interior ministry and judiciary practices

Setting the records straight
The year 2013 has not been kind to Egyptians or history books. Twisting facts has become the mantra highlighting this year in Egypt. Between the voices of Hosni Mubarak supporters getting louder and pro-Morsi team chanting “legitimacy”, accusations of 30 June protesters of being “army lovers” while others prodding Al-Sisi to run for presidency, the …

Muslim Brotherhood is a terrorist organisation: Cabinet
Anti-Coup Alliance downplays the decision

Egypt has to learn the lesson
Itâs almost boring. Earlier this week, Ahmed Maher, Ahmed Douma and Mohammed Adel, three veteran activists, were each sentenced to three years in jail and fined EGP 50,000. Two thoughts occurred to me: one, if the fine was multiplied by 10,000, then that would be the only way such sentences could possibly have any sort …