Egypt to provide EGP 90bn in financing facilities for key sectors at interest rates below 15% this fiscal year    Fragile Gaza ceasefire tested as humanitarian crisis deepens    Egypt explores cooperation with Chinese firms to advance robotic surgery    Avrio Gold to launch new jewellery, bullion factory in early 2026    Egypt approves Temsah offshore concession reassignment to EGPC, Ieoc, BP    CBE, China's National Financial Regulatory sign MoU to strengthen joint cooperation    AUC makes history as 1st global host of IMMAA 2025    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi, Sudan's Al-Burhan renew opposition to Ethiopia's unilateral Blue Nile moves    Egyptian pound edges up slightly against US dollar in early Wednesday trade    Egypt starts October Takaful and Karama payments worth over EGP 4b to 4.7m families    Egypt's Cabinet hails Sharm El-Sheikh peace summit as turning point for Middle East peace    Gaza's fragile ceasefire tested as aid, reconstruction struggle to gain ground    Egypt's human rights committee reviews national strategy, UNHRC membership bid    Trump-Xi meeting still on track    Al-Sisi, world leaders meet in Sharm El-Sheikh to coordinate Gaza ceasefire implementation    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Egypt's Cabinet approves decree featuring Queen Margaret, Edinburgh Napier campuses    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt Press – August 12
Published in Youm7 on 12 - 08 - 2011

Egypt's media today focused on reports of Gamal Mubarak smuggling part of his fortune from Barclays Bank to an unknown bank.
Media also covered Alaa Mubarak's shares in "Peugeot." Press also covered the government's announcement that it will issue a new document on political rights in Egypt and its intention to amend the law of the People's Assembly and Shura Council.
Youm 7
Youm 7 was the only newspaper that published the text of the inventory that the Technical Office of the Attorney General made for the case against ousted president Hosni Mubarak and his two sons of financial crimes.
Investigations revealed a document stating Gamal Mubarak smuggled a portion of his personal a fortune from Barclays Bank to an unknown bank. It also revealed the story of Alaa Mubarak's relationship with the port of Damietta, in addition to his being a partner in the Egyptian franchise of Peugeot.
It also revealed his investments in Cyprus and the most prominent business partners of Alaa and Gamal, who established a group of companies that dealt illegally with the officials of the Egyptian government in selling off public sector companies.
Also prominent was reports of the kidnapping of border guards by the Israeli-Egyptian border in Sinai, and the abduction of Bedouin children and their torture in prison under the pretext of the Israelis protecting their borders from intruders.
Al-Ahram
Egypt's Council of Ministers is currently working on a comprehensive document called the "Document of the Democratic Alliance of Egypt." It is an amalgamation of documents issued by political groups and figures of various political orientations.
It is expected that the document, starting from next Monday, will be submitted to all political groups. Among other things, it will amend the terms the establishment of political parties to 1,000 members and refuse the right to run for elections to all those who have had a court ruling against them by the administrative court.
Witnesses who submitted their statements to the investigative unit responsible for the case of "The Battle of the Camel" said that the 25 defendants, led by Fathi Sorour and Safwat al-Sharif, were involved in the killing of protestors through thugs in Mustafa Mahmoud Square who marched to Tahrir Square to expel the protesters from the square by any means necessary including killing them.
Al-Masry Al-Youm
In accordance with the agreement between the newspaper and Wikileaks, Al-Masry Al-Youm published a telegram sent by former U.S. Ambassador Margaret Scobey to her country, stating that Mohamed Ibrahim Soliman, former Minister of Housing, resigned on Feb.
2 on charges of corruption and that the minister, who boasted of owning seven villas, did not appear before the investigators until recently because of his strong ties with former president Mubarak.
The document also said that Solomon tried to give the journalists' union 3 million EGP in bribes in 2005 to prevent a particular real estate deal between the union and the Ministry of Housing.
The newspaper published a draft of the unified law for disposing of state property which is being prepared by the Council of Ministers.
The law aims to reduce encroachment on the land and change its use from agriculture to the tourist resorts and controls for investment.
Along with Youm 7, the newspaper published the news of the military operation dubbed "The Eagle Operation" in which the army and police are preparing to perform the operation "Eagle" against outlaws in the Sinai. 1,000 troops and 250 armored vehicles and military aircraft will be involved in the operation.
Al-Akhbar
Dr. Hossam Badrawi, former secretary general of the National Democratic Party, said in his testimony about the final days before the president stepped down that Mubarak was afraid to kill people, and was ready to die for his country. Badrawi asked, “why not live for it?" Badrawi added that he asked Mubarak to make drastic reforms, because Mubarak's regime was trying to push Egypt out of its crisis without real reform.
He said Mubarak asked him to prepare his final speech but that Zakaria Azmy, president of the Office of the Presidency of the Republic, threw him out from the presidential palace.
Fahd al-Banna, a civil rights lawyer for the plaintiffs in the case of the killing of demonstrators during the January 25 Revolution, said that Ismail el-Shaer, former director of Cairo Security forces, admitted during investigations that former Minister of Interior Habib al-Adly was the one who gave the order to fire on demonstrators.
Al-Shorouq:
In what the newspaper described as the most serious crisis between Egypt and America since the fall of the Mubarak, civil societies and the private sector in Cairo refused to send representatives to manage US aid to Egypt due to differences arising on how the aid should be managed.
The newspaper reported that al-Adly asked Tarek Kamel, Minister of Communications, to cut off telecommunications on January 27 at the request of Muabrak. Kamel hesitated and consulted Ahmed Nazif, the former prime minister, who also refused al-Adly's request, which prompted al-Adly to request that communications be cut off again with greater force, which led Kamel to think that al-Adly was acting in accordance to a request from Mubarak.
Al-Gomhorreya
Judge Mohammed Attiya, Minister of Local Development, announced that there will be various promotions amongst municipal authorities after Eid el-Fitr, the feast at the end of the Islamic holy month of Ramadan. He intends to investigate corruption in municipalities following the issuance of the decree the law of local administration.
The paper also published a follow up report on the new governors employed recently. The report included news of the governor of Aswan honoring the families of martyrs and victims of the revolution and a surprise visit by Khaled Foda, governor of South Sinai, to the city of Dahab to uncover corruption in the tourism sector.


Clic here to read the story from its source.