An official source at the Ministry of Investment on Thursday said the Finance Ministry filed a complaint against CBC satellite channels owner Mohamed al-Amin for allegedly evading some LE427 million in taxes by selling his shares in a real estate … read more
The Cairo Criminal Court on Thursday upheld a decision to release Alaa and Gamal Mubarak, pending investigations into allegations that they exploited their father’s influence as president of Egypt to make illicit gains. The court turned down the prosecution’s challenge … read more
On Friday, two days before President Mohamed Morsi marks his first year in power, Cairo’s Nasr City will host mass rallies to support the president propelled to power last year by Egypt’s Muslim Brotherhood. The Brotherhood’s Freedom and Justice Party … read more
This weekend, instead of heading to Sahel, many people are heading to different squares across the nation to protest. In good Egyptian tradition of finding the humour in even the most serious of circumstances here is a list of suggestions … read more
Egypt’s central bank faces an uphill task keeping the country’s currency stable if mass anti-government protests planned over the coming days turn violent or drag on for too long. A round of violent protests in December triggered a run on … read more
On Sunday, Egypt’s President Mohamed Morsi will complete his first year in office. Instead of being an occasion to celebrate – he is the first elected president – many fear the anniversary will mark the beginning of the collapse of … read more
As President Mohamed Morsi addressed the nation Wednesday night, in advance of mass street protests demanding his removal Sunday, his speech fell well short of appeasing his opponents. The long speech was badly received by Egypt’s opposition figures along with … read more
The Egyptian army has reinforced its presence in the Egyptian Suez Canal city of Port Said in the run up to widely-anticipated anti-government protests on 30 June. A number of armoured vehicles toured the city’s main streets on Wednesday afternoon, … read more
Egyptian troops deployed yesterday in Cairo and other cities ahead of protests planned by the opposition later this week to demand that President Mohammed Morsi step down. Two people were killed and 90 wounded in street clashes between supporters and … read more
Egypt’s Islamist president told his opponents to use elections not protests to try to change the government and said the military should focus on its role as the nation’s defenders in a nationally televised address on Wednesday, days before the … read more