Dennis Ross, Counselor at The Washington Institute and former special aide to the Obama administration, explains why Egypt's regional importance would make walking away a mistake for the U.S.» Read More
CAIRO, Nov 4- Egypt began the trial of ousted president Mohamed Mursi on Monday in what opponents of the army-backed government say is part of a campaign to crush his Muslim Brotherhood movement and revive a police state.
CAIRO, Nov 4- Deposed Egyptian president Mohamed Mursi of the Muslim Brotherhood arrived at a Cairo police academy on Monday to face trial on charges of inciting violence, state media reported. It is the second time in just over two years that an ousted president has been in court in Egypt, a pivotal Arab nation some fear is sliding back into autocratic rule.
CAIRO, Nov 4- The first freely elected Egyptian president, Mohamed Mursi, goes on trial on Monday, the second time in just over two years that a deposed president has found himself in court in Egypt, a pivotal Arab nation some fear is sliding back into autocratic rule.
CAIRO, Nov 4- When Muslim Brotherhood leader Mohamed Mursi broke out of an Egyptian jail during Hosni Mubarak's final days in office in 2011, he little thought he would end up behind bars again.
*Doesn't expect many more years of instability in Egypt, North Africa. DUBAI, Oct 30- Templeton Emerging Markets Group is looking to increase its equities investment in Egypt because it thinks the political environment will stabilise and the government is committed to repairing the economy, the head of the group said.
*Egypt expects total recovery in tourism by end-2014- minister. CAIRO, Oct 29- Egypt aims to attract 13.5 million visitors next year, bringing in around $11 billion, as it launches an international campaign to lure back foreigners deterred by political turmoil, the tourism minister said.
CAIRO, Oct 27- Egypt is planning a charm offensive to persuade Gulf Arab entrepreneurs to invest in its economy, battered by political upheaval, protests and violence.
CAIRO, Oct 27- Egyptian Steel is preparing for an initial public offer of its shares in 2015 and is on track to boost its production capacity several-fold by then, chairman Ahmed Abou Hashima said.
Egyptians voted narrowly in favor of a constitution shaped by Islamists but opposed by other groups who fear it will deepen divisions, officials in rival camps said on Sunday.
Egyptians stood in line to vote on Saturday on a constitution promoted by its Islamist backers.
An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?
MILAN-- The Associated Press has withdrawn its story about Italy's Silvio Berlusconi in a Milan court today. Background in the story erroneously stated that former Egyptian President Hosni Mubarak was dead. Another Italy-Berlusconi story will be filed.
MILAN-- Silvio Berlusconi made a rare court appearance Friday to deny some of the more salacious accusations at the center of a sex scandal in Italy that has muddied his reputation. Berlusconi's declaration was spontaneous, a practice that Italy allows defendants and which does not have the weight of testimony.
GENEVA-- Switzerland has blocked almost 1 billion Swiss francs linked to rulers in four Arab Spring nations, a senior government official said Tuesday.
CAIRO, Oct 12- Egypt has no foreign military bases on its soil and has no plans to downsize its armed forces, said the military spokesman, rejecting media reports claiming so.
Conservative lending rules and red tape have long been blamed for holding back development of the mortgage sector in Egypt. Mortgage lending is equivalent to less than half a percent of gross domestic product in Egypt, compared to 13 percent in Morocco, according to a 2011 report on Africa housing by FinMark Trust, a body mainly funded by British government aid.
CAIRO, Oct 10- Egyptian stocks seem unlikely to resume this year's world-beating rally until the government shows how and when it will begin cutting fuel subsidies to rein in the budget deficit and secure a $4.8 billion IMF loan. A surge of more than 50 percent in Egypt's main share index.
*Egypt's Grand Mufti denounces edicts. *Muslim Brotherhood under pressure to take a clearer line By Shaimaa Fayed and Yasmine Saleh. Egypt's media, once tightly controlled by the state, has become a free-for-all platform for ideas, theories and advice, which can range from the ignorant to the bizarre and to what some see as outright dangerous.
By Shaimaa Fayed and Asma Alsharif. CAIRO, Oct 10- Business leaders voiced frustration with Egypt's government at an investment conference in Cairo this week, where officials pledged to revive an economy battered by political turmoil but offered few details on policy.
CAIRO, Oct 9- Egypt has settled a row with a Dubai- based developer over a land contract reached when Hosni Mubarak was in power, a minister said on Tuesday, a deal that could help remove uncertainties that have depressed interest in the once-booming property market.