Business Insider Egypt's former president is back in court An Egyptian court began a retrial on Saturday of former president Hosni Mubarak and his sons for allegedly diverting public funds earmarked for the renovation of presidential palaces to upgrade family properties. In January, Egypt's high court overturned the conviction against the frail Mubarak, who is currently being treated in a military hospital in Cairo. Read more: http://www.businessinsider.com/r-egyptian-court-begins-retrial-of-mubarak-in-corruption-case-2015-4#ixzz3WPvUdr4O ABC News Rights Group Urges Egypt to Halt Executions of 6 Men A rights group is urging Egypt to halt the execution of six men condemned to death by a military tribunal for killing security forces, citing lawyers and family who contend some of them were in jail at the time of the attack. New York-based Human Rights Watch said in a statement Saturday that the men are accused of being members of the insurgent group Ansar Beit al-Maqdis. The rights group says the men were part of a group of nine convicted of killing two officers in a 2014 shootout north of Cairo, and it says they should be given a retrial before a civilian court. Read more: http://abcnews.go.com/International/wireStory/rights-group-urges-egypt-halt-executions-men-30097505 The National Egypt The Future summit pays off for nation's economy Egypt's mid-March investment conference made a splash beyond the government's expectations. It revealed an international change of heart – the attendance of global government and business leaders, as well as regional and international banks and development organisations, reflected the revival of interest in investing in Egypt. The Egypt The Future forum's energetic beat was set at its opening session with announcements of US$4 billion in financial support from each of the UAE, Saudi Arabia and Kuwait. Oman added $500 million. These initial announcements kicked off the conference with a positive spin for the economy's outlook. By the end of the forum, Egypt had secured $60 billion in investments and financing. After months of painstaking efforts to stabilise the country, the conference's success represents a leap forward. It affirmed that the government has taken concrete steps to restore internal stability, and made progress on economic reform – both precursors to a steady recovery in investment. The signal to global capital holders has been that it is time to take a second look at Egypt's market, or else miss the boat. Read more: http://www.thenational.ae/business/economy/egypt-the-future-summit-pays-off-for-nations-economy Times of Oman Sisi says securing Yemen's key strait an Egypt priority Egypt's president said Saturday that securing the Bab al-Mandab access to the Red Sea off Yemen's coast is a top priority, nine days after Cairo joined a Saudi-led offensive against Yemeni rebels. "Securing navigation in the Red Sea and protecting Bab al-Mandab Strait is a top priority for Egypt's national security," Abdel Fattah al-Sisi said in a statement. A Saudi-led coalition of more than 10 countries, including Egypt, launched an offensive against Yemen's Houthi rebels on March 26 after the militia advanced to the southern province of Aden. Read more: http://www.timesofoman.com/News/49836/Article-Securing-key-Yemen-strait-a-priority-for-Egypt-says-Sisi Sputnik News IMF Satisfied With Egypt's Economic Conference Results, Ready to Help Cairo International Monetary Fund (IMF) chief Christine Lagarde lauded the outcomes of the Egypt's Economic Development Conference and expressed readiness to provide IMF assistance to the country, English-language news portal Ahram Online reported Saturday. In a letter sent to Egyptian President Abdel Fattah Sisi, Lagard praised the government's efforts to achieve economic growth and stability, in particular by clinching investment deals, construction and engineering loans and contracts during the summit, Ahram Online said Saturday. "Egypt has the capabilities to achieve the aspirations of its people in a comprehensive strong development process," Lagarde was quoted as saying in the letter, obtained by Ahram Online. Read more: http://sputniknews.com/politics/20150404/1020486118.html#ixzz3WPzHZspC
