News

US designates Gaza group as a terrorist body

The United States has designated a Gaza Strip-based group responsible for attacks on Israel and Egypt as a foreign terrorist organization. The State Department said Thursday that the “Army of Islam” has fired numerous rockets on Israel and kidnapped two … read more

Diesel shortage in Egypt bites

Long lines of cars stretched outside petrol stations nationwide, as the State-subsidised diesel is the main fuel by which transport vehicles are operated. The crisis started with a black market when farmers could not find supplies at local petrol stations … read more

Islamists may come to rue Arab Spring

Once they were the main opposition to dictators from Egypt to Tunisia to Syria. Banned and exiled they could position themselves as opponents of leaders propped up by Western paymasters, carrying the scars of imprisonment and torture like badges of … read more

Egypt’s real estate sector down, not out

There seem to be plenty of good reasons to avoid Egypt’s battered real estate sector, yet some investors are tiptoeing back into stocks seen as less exposed to legal probes of questionable state land sales. The industry, a motor of … read more

Amnesty demands deeper probe of Egypt violence

Egypt’s government must reveal the truth about attacks on demonstrators during an uprising against President Hosni Mubarak, compensate the victims and bring their attackers to justice, Amnesty International said on Thursday. In a long report on state repression during the … read more

As Egypt Moves Toward Elections, Anxiety Grows

In Egypt, political parties are frantically trying to organize, register and make themselves known before elections scheduled for this fall. In addition to the short timeline, people are increasingly worried about lawlessness and sectarian strife that could lead ordinary Egyptians … read more