CAIRO: A move to exclude some of the more divisive contenders from Egypt's presidential election may help moderate candidates seen as better able to forge the consensus many believe can foster a peaceful transition to democracy.
Two prominent (...)
CAIRO: An Egyptian court on Wednesday sentenced a 17-year-old Christian boy to three years in jail for publishing cartoons on his Facebook page that mocked Islam and the Prophet Mohamed, actions that sparked sectarian violence.
Gamal Abdou (...)
CAIRO: Adel Abdeen says he is the secret son of Farouk, the last king of Egypt, who was overthrown in a 1952 coup and succeeded by military leaders who, he says, don't have a clue.
Secure in the belief that he can do a better job, Adel aims to (...)
CAIRO: Picking a new pope for Egypt's Orthodox church could take months, officials said on Sunday, allowing debate to gather pace among Christians over the political role the next leader should have as Islamists rise to power.
Pope Shenouda, who (...)
CAIRO: Egypt's second-biggest listed property developer, Palm Hills, reported on Monday it made a net loss of LE 331.3 million ($55 million) last year, compared with a profit of LE 526 million in 2010, as sales revenue plunged 67.6 percent.
The (...)
CAIRO: A veteran Egyptian politician who is close to the country's military rulers and the powerful Muslim Brotherhood announced on Wednesday he would run in a presidential election on May 23.
Mansour Hassan, the head of the advisory council to (...)
CAIRO: Egyptian vehicle distributor GB Auto reported an 8 percent rise in its fourth-quarter net income on Monday as soaring sales of its two and three-wheeled motorcycles offset a car market weakened by the recent political turmoil.
The company (...)
DUBAI/CAIRO: Egypt's main index slipped 1 percent on Monday from the previous day's seven-month high as investors booked recent gains, while most regional markets fell in profit-taking.
Commercial International Bank fell 3.1 percent in heavy (...)
CAIRO: Egypt's stock exchange briefly suspended trade in EFG Hermes shares on Tuesday but resumed dealing after the investment bank issued details about its Chief Executive Yasser El-Mallawany, who faces a travel ban.
The shares were trading down (...)
CAIRO: Egypt's stock exchange has asked Orascom Telecom Media and Technology for more details on a deal for France Telecom to buy out most of OTMT's stake in jointly telecom operator Mobinil, it said in a statement on Tuesday.
Under the terms of (...)
CAIRO: Arabs will end their observer mission to Syria and will ask the UN Security Council to send an international peacekeeping force to end the bloodshed there, according to a draft resolution obtained by Reuters on Sunday.
Arab ministers met (...)
CAIRO: Egypt's army-backed government said it was preparing to move ousted President Hosni Mubarak to a Cairo prison hospital in an apparent bid to calm protests, but clashes continued with police firing tear gas at demonstrators hurling rocks and (...)
CAIRO: The general who headed the Arab monitoring mission in Syria said on Monday that violence had dipped after the observers arrived, contradicting accounts by Syrian activists who have said the killing has continued unabated.
Sudanese General (...)
CAIRO: An Arab League committee on Syria was set to ask Arab foreign ministers on Sunday to extend a monitoring mission in the country by one month, sources attending the committee meeting said.
Hundreds of Syrians have been killed since the (...)
CAIRO: The Arab League has urged the Syrian government to end its violence against protesters and allow League monitors in the country to work more freely, but stopped short of asking the UN to help.
The arrival last month of the monitors in (...)
CAIRO: Egypt's government has withdrawn 2,100 hectares of land from some of the country's leading businessmen because they failed to develop it, a minister who heads a committee investigating failures in industry said on Sunday.
The land was (...)
MAHALLA EL-KOBRA: Party agents flooded the streets with banners and verses from the Quran as the third phase of Egypt's parliamentary election began on Tuesday, with Islamists trying to dominate an assembly that will rival the clout of the ruling (...)
CAIRO: The Cairo Criminal Court cleared five police officers on Thursday of criminal charges over the killing of five protesters in El-Sayeda Zeinab during the uprising that ousted President Hosni Mubarak in February.
Families of the dead who (...)
CAIRO: Egyptian garment marker El Nasr Clothing & Textiles Co (Kabo) reported a wider net loss for the first quarter, the bourse said on Tuesday.
Net loss for the quarter was LE 5.65 million ($938,700), compared with a loss of LE 1.25 million in (...)
CAIRO: Military police battled demonstrators in Cairo's Tahrir Square on Sunday, the third day of clashes that have killed 10 people and injured hundreds, casting a shadow over the first free election most Egyptians can remember.
Soldiers (...)
CAIRO: A leading Islamist presidential hopeful said on Thursday the army had no right to meddle in drawing up Egypt's new constitution and said the elected parliament, on course for an Islamist majority, should control the drafting process.
Abdel (...)
CAIRO: An Islamist surge in Egypt has left a large Christian minority divided over whether to flee the country, stay silent or reach out to a political force that seems guaranteed a major role in the country's future.
The pessimists say a (...)
CAIRO: Egypt's new prime minister said on Tuesday the ruling army would grant him extra powers, the state news agency reported, after critics accused the military of failing to give the last Cabinet enough clout.
Kamal El-Ganzoury, who has been (...)
CAIRO: Egypt's new prime minister, Kamal El-Ganzoury, said on Thursday he had no intention of taking on the finance portfolio in a cabinet he promised to have fully formed by Saturday.
The independent Al-Masry Al-Youm daily, on its Facebook page (...)
CAIRO: A member of Egypt's ruling military council said on Tuesday that he expected turnout in the first stage of a parliamentary election to exceed 70 percent.
Egypt's first parliamentary vote since Hosni Mubarak was ousted began on Monday and (...)