CAIRO - For the second day in a row, Egyptian shares were mixed on Wednesday, traders said. The country's benchmark index EGX 30 fell slightly by 0.04 per cent to 5,142.45 points, according to Bourse data. The broader indexes EGX 70 and EGX 100 added 1.07 and 0.69 per cent to 639.48 and 964.08 points.
CAIRO - Former UN nuclear watchdog chief Mohamed ElBaradei is the most popular choice for next Egyptian president, according to an army survey conducted on Facebook, state media reported on Wednesday. The survey, which was launched a month ago on Facebook, asked members to rate their favourite for the country's top job, in an exercise criticised as unrepresentative.
CAIRO: Several political parties welcomed Tuesday the measures announced by the Supreme Electoral Commission concerning the next parliamentary polls, but demanded more steps. On Monday, the ruling Supreme Council of the Armed Forces (SCAF) formed the Commission led by the head of the Cairo Appeals Court Abdel-Mo'ez Ibrahim.
CAIRO - Egyptian stocks ended mixed on Tuesday, while Arab buying weighed, traders said. The country's benchmark index EGX 30 fell by 0.6 per cent to 5,144.27 points, they added. But the broader indexes EGX 70 and EGX 100 were in the black, gaining 1.48 and 1.96 per cent to 632.74 and 957.48 points respectively. Locals and Arabs made net purchases worth LE9.2 million ($1.5 million)
CAIRO: Prime Minister Essam Sharaf on Monday postponed the swearing-in of a new
CAIRO: Presidential hopeful Mohamed ElBaradei and the Muslim Brotherhood's Freedom and Justice Party (FJP) agreed Sunday on guidelines for the formation of a representative constituent assembly that will draft Egypt’s new constitution following pending general elections. ElBaradei, the first presidential candidate to visit FJP's headquarters to formally congratulate its leaders on their newly-established party, agreed with the FJP’s general secretary, Saad El-Katatny, and deputy head, Essam El-Erian, that the assembly should include members from outside the elected parliament.
CAIRO: The stock market benchmark index fell 1.7 percent, a day after the appointment of a new finance minister boosted the index. Worries persisted over whether Egypt can make a peaceful transition from military to civilian rule after elections planned later this year, dampening appetite for shares even in companies with stronger earnings prospects.
CAIRO: Egypt's Prime Minister Essam Sharaf pushed forward with plans for a sweeping
CAIRO: Human rights activists as well as the “No to Military Trials for Civilians” campaign reiterated their demands to put an end to military trials of civilians on Sunday, despite the army council’s promise to limit the use of such trials. In its 68th statement, the Supreme Council of Armed Forces (SCAF) on Saturday cited three conditions in which civilians will face military courts: acts of thuggery involving weapons, rape crimes and assaulting security forces while on duty.
CAIRO: Egypt’s ousted President Hosni Mubarak, who was toppled in February and who has been detained in a hospital in Sharm El-Sheikh, has fallen into a coma, his lawyer said on Sunday, although State TV said that the hospital director has denied the report. “I was informed about the sudden deterioration in Mubarak’s health and I am now on my way to Sharm El-Sheikh. All that I know so far is that the president is in a full coma,” Mubarak’s lawyer Farid El-Deeb had told Reuters. He did not give more details.
CAIRO (Updated) - Egypt's Prime Minister Essam Sharaf pushed forward with plans for a sweeping cabinet shuffle on
CAIRO: Thousands of protesters rallied in Tahrir Square Friday dubbed "The Friday of Final Warning," to reiterate the demands of the revolution, ahead of an immanent cabinet reshuffle. After Friday prayers, protesters collectively chanted "Allah is great," "the Military Council is illegitimate," and "Down with Tantawi," referring to the head of the Supreme Council of Armed Forces (SCAF), Field Marshal Mohamed Hussein Tantawi.
CAIRO - Egyptian Prime Minister Essam Sharaf has chosen one of his two newly appointed deputies, Hazem Beblawi, to serve as his finance minister, state television reported on Sunday. Beblawi, a veteran economist who was on Saturday appointed one of two new deputy prime ministers, will take over from Samir Radwan.
CAIRO: The Ministry of Interior terminated the service of 669 police officers, including
CAIRO: Egyptian parliamentary elections that were scheduled for September have been delayed until October or November, a military official told the MENA state news agency on Wednesday. "It has been decided to hold elections for the People's Assembly and the Shoura Council next October or November," MENA quoted the official as saying, in reference to the lower and upper houses of parliament.
CAIRO: Suez protesters continued on Wednesday their sit-in in the main El-Arbaein Square for the tenth consecutive day, saying they won’t leave until their demands were entirely met. Mass protests and sit-ins swept through the city since July 4 when a criminal court released on bail seven police officers charged with killing and injuring peaceful protesters in the first days of the January 25 uprising. Seven others are being tried in absentia. The trial was adjourned to September.
CAIRO: Protesters across Cairo erupted in anger following statements Tuesday morning
CAIRO - Egypt's Interior Ministry said on Wednesday more than 650 senior officers in the police would end their service, after protesters demanded swifter reforms of the force that is blamed for killing protesters. "The police force shares with the people feelings of pain and hope. People involved in security are ... keen to do their role in protecting the revolution and look forward for a future of democracy," said spokesman General Marwan Mostafa.
CAIRO: The Egyptian Supreme Judiciary Council decided Tuesday to move the trials of former regime figures and officers accused of killing of protesters to larger courts to allow for more public attendance, as well as air the trials live outside the courthouse.
CAIRO: A few thousand protesters continued their open sit-in in Cairo’s Tahrir Square on Monday, despite a power cut and several reported thefts. Blogger and activist Mahmoud Salem told Daily News Egypt that there were organized thefts reported all over Tahrir Square.
CAIRO: Protesters in Suez are calling for a million-man protest on Tuesday, echoing calls by Tahrir Square protesters, but also promising "surprising escalation measures not to be declared now," member of the Suez Revolution Youth Coalition Ahmed Abdel Gawad told Daily News Egypt Monday. "We are already protesting in front of the Suez Canal’s movement control office, El-Arbaeian Square and in front of the governorate building. We will escalate by blocking more streets and emptying the governorate building, in addition to a call on Tuesday for general civil disobedience," said Abdel Gawad.
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The Light of the Desert-Documentary on St Macarius Monastery, Egypt