Author Archives: Editor

IMF to lend Egypt $3 bn: ministry

The International Monetary Fund has granted Egypt a loan of three billion dollars over 12 months to help put its economy back on track, Finance Minister Samir Radwan announced on Sunday. “Egypt announces the end of negotiations with the IMF … read more

US business looks to support change in Egypt

Executives from Google, Citigroup, Boeing and other U.S. companies visit Cairo this week to explore opportunities in post-Mubarak Egypt and urge the interim government to tackle problems that have discouraged foreign investment in the past. “We are really looking at … read more

Egypts put 48 on trial for sectarian violence

Egypt’s public prosecutor on Saturday referred 48 people to trial for their involvement in deadly Muslim-Christian clashes last month. The 48 accused were referred to Cairo’s supreme state security court for “premeditated murder, harming public security, inciting sectarian tension, burning … read more

Egypt presidential hopefuls make their pitch

For a country where over-the-top venality characterised politics for decades, Egypt’s first ever presidential candidates’ debate on Saturday was a sedate and courteous occasion. So polite, in fact, that some of the hopefuls had forced the organisers to scrap the … read more

Egypt’s ex-finance minister sentenced to 30 years

Egypt’s former finance minister was sentenced in absentia Saturday to 30 years in prison for squandering public funds and abusing his authority, the state news agency said. Yousef Boutros-Ghali, a nephew of former U.N. Secretary-General Boutros Boutros-Ghali, left Egypt during … read more

Crowd sets Cairo police station ablaze

Egyptians protesting the death of a 40-year old Egyptian driver who they say was killed in police custody set a police station in central Cairo on fire, witnesses and security sources said on Friday. Mohamed Said, 40 years old, clashed … read more

Vodafone Egypt under fire for ad

Activists are criticizing Vodafone Egypt for an ad that suggests the company inspired the country’s uprising, when it, in fact, shut down on government orders. Pro-democracy activists say Vodafone and other mobile phone services followed Egyptian government orders, implementing a … read more