Egypt Unrest

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  • Egyptian policemen Awad Suleiman and Mahmoud Salah stand in the dock during their trial in Alexandria
    Egypt upholds police sentence over death that stirred Mubarak revolt Reuters - 15 hours ago

    An Egyptian court upheld a 10-year prison sentence on Wednesday imposed on two policemen for torturing an activist to death in 2010, judicial sources said, an incident … More »Egypt upholds police sentence over death that stirred Mubarak revolt

    Egyptian policemen Awad Suleiman and Mahmoud Salah stand in the dock during their trial in Alexandria

    An Egyptian court upheld a 10-year prison sentence on Wednesday imposed on two policemen for torturing an activist to death in 2010, judicial sources said, an incident that helped trigger the uprising that toppled veteran autocrat Hosni Mubarak. Witnesses and rights groups said 28-year-old Khaled Said died after police …

  • Archeologists find ancient tomb of temple guard in Egypt's Luxor Reuters - 20 hours ago

    An ancient tomb belonging to Amenhotep, guard of the temple of Egyptian deity Amun, has been discovered in the southern city of Luxor, the Egypt's antiquities ministry … More »Archeologists find ancient tomb of temple guard in Egypt's Luxor

    An ancient tomb belonging to Amenhotep, guard of the temple of Egyptian deity Amun, has been discovered in the southern city of Luxor, the Egypt's antiquities ministry said on Tuesday. Photographs distributed by the ministry show a tomb with bright green and brown paintings with hieroglyphics. "The tomb contains many …

  • Archaeologists find ancient tomb of temple guard in Egypt's Luxor Reuters - Tue, 3 Mar, 2015

    An ancient tomb belonging to Amenhotep, guard of the temple of Egyptian deity Amun, has been discovered in the southern city of Luxor, the Egypt's antiquities ministry … More »Archaeologists find ancient tomb of temple guard in Egypt's Luxor

    An ancient tomb belonging to Amenhotep, guard of the temple of Egyptian deity Amun, has been discovered in the southern city of Luxor, the Egypt's antiquities ministry said on Tuesday. The ministry said the tomb probably dates to the New Kingdom's 18th Dynasty (1543–1292 BC). Photographs distributed by the ministry show …

  • Egypt's Pioneers eyes more food, real estate acquisitions Reuters - Tue, 3 Mar, 2015

    Egypt's Pioneers Holding has approved a 3 billion Egyptian pound ($393 million) capital increase and plans to make three more acquisitions this year in the food … More »Egypt's Pioneers eyes more food, real estate acquisitions

    Egypt's Pioneers Holding has approved a 3 billion Egyptian pound ($393 million) capital increase and plans to make three more acquisitions this year in the food and real estate sectors. Pioneers, which has real estate, industrial and financial services operations, said in a statement to the bourse on Tuesday that it plans …

  • Egypt court defers parliamentary election: judicial sources Reuters - Tue, 3 Mar, 2015

    An Egyptian court on Tuesday deferred a long-awaited parliamentary election due in March indefinitely after another court declared the election law's provision on … More »Egypt court defers parliamentary election: judicial sources

    An Egyptian court on Tuesday deferred a long-awaited parliamentary election due in March indefinitely after another court declared the election law's provision on voting districts as unconstitutional, judicial sources said. Egypt has been without a parliament since June 2012, when a court dissolved the democratically elected …

  • Egypt court suspends parliamentary elections after earlier ruling deemed law unconstitutional The Canadian Press - Tue, 3 Mar, 2015

    An Egyptian court suspended the country's upcoming parliamentary elections Tuesday, following an earlier Supreme constitutional Court ruling deeming laws regulating … More »Egypt court suspends parliamentary elections after earlier ruling deemed law unconstitutional

    An Egyptian court suspended the country's upcoming parliamentary elections Tuesday, following an earlier Supreme constitutional Court ruling deeming laws regulating the vote unconstitutional. The decision by Judge Yahia Dakrouri of the Administrative Court was expected after the high court's ruling last week. The country's …

  • Egypt delays target for repaying firms $3.1 bln until mid-2016 Reuters - Tue, 3 Mar, 2015

    (Reuters) - Egypt aims to fully repay its $3.1 billion debt to foreign oil and gas companies by mid-2016, around a year later than previously indicated, according … More »Egypt delays target for repaying firms $3.1 bln until mid-2016

    (Reuters) - Egypt aims to fully repay its $3.1 billion debt to foreign oil and gas companies by mid-2016, around a year later than previously indicated, according to the oil ministry. After making payments of nearly $5 billion in November and December, arrears stand at $3.1 billion, it said. In November, Egypt said it …

  • Egypt's Pioneers approves $393 mln share issue Reuters - Tue, 3 Mar, 2015

    Pioneers Holding approved a capital increase of 3 billion Egyptian pounds ($393 million), the Egyptian financial services firm said on Tuesday. Pioneers won a … More »Egypt's Pioneers approves $393 mln share issue

    Pioneers Holding approved a capital increase of 3 billion Egyptian pounds ($393 million), the Egyptian financial services firm said on Tuesday. Pioneers won a $33 million takeover bid on Monday for Egyptian cheese maker Arab Dairy, beating out a subsidiary of Lactalis, Europe's largest dairy group. Pioneers' shares were …

  • Soccer-Argentine Cuper to coach Egypt Reuters - Mon, 2 Mar, 2015

    By Osama Khairy CAIRO, March 2 (Reuters) - Experienced Argentine Hector Cuper is to coach the Egyptian national team, the country's Football Association said … More »Soccer-Argentine Cuper to coach Egypt

    By Osama Khairy CAIRO, March 2 (Reuters) - Experienced Argentine Hector Cuper is to coach the Egyptian national team, the country's Football Association said on Monday. "The Egypt FA board announces after a meeting held by his president Gamal Allam appointing Argentinean Hector Cuper to coach our football national …

  • A worker arranges cheese for sale at a grocery store in St. Petersburg
    Egypt's Pioneers snaps up cheese maker Arab Dairy Reuters - Mon, 2 Mar, 2015

    Egyptian financial services firm Pioneers Holding has won the race to buy Egypt's Arab Dairy for 255 million Egyptian pounds ($33.4 million), beating a rival offer … More »Egypt's Pioneers snaps up cheese maker Arab Dairy

    A worker arranges cheese for sale at a grocery store in St. Petersburg

    Egyptian financial services firm Pioneers Holding has won the race to buy Egypt's Arab Dairy for 255 million Egyptian pounds ($33.4 million), beating a rival offer from Al Nour, the market regulator said on Monday. The battle for control of the Egyptian cheese maker is part of a recent flurry of activity on the Cairo bourse, …

  • Why the West makes nice to authoritarian Egypt CBC - Mon, 2 Mar, 2015

    A few weeks ago, from Switzerland, John Baird tweeted a picture of himself grinning into the camera, shaking the hand of a short, unprepossessing fellow who seemed … More »Why the West makes nice to authoritarian Egypt

    A few weeks ago, from Switzerland, John Baird tweeted a picture of himself grinning into the camera, shaking the hand of a short, unprepossessing fellow who seemed amused and distracted by something elsewhere in the room. "Great to have dinner & speak with President el-Sisi last night," gushed Baird, who was at the time …

  • Traders work at Egypt's Stock Exchange in Cairo
    Egypt's Edita to list 30 pct of ordinary shares in secondary offering Reuters - Mon, 2 Mar, 2015

    Egyptian foodmaker Edita said on Monday it would put up to 30 percent of its ordinary shares on the Egyptian stock market in a secondary public offering. The company … More »Egypt's Edita to list 30 pct of ordinary shares in secondary offering

    Traders work at Egypt's Stock Exchange in Cairo

    Egyptian foodmaker Edita said on Monday it would put up to 30 percent of its ordinary shares on the Egyptian stock market in a secondary public offering. The company is making a combined offering that includes an institutional offering of ordinary shares on the Egyptian bourse and global depository receipts (GDRs) to be …

  • Egypt's Investment Minister Ashraf Salman speaks during a news conference in Cairo
    Egypt to double FDI this fiscal year: minister Reuters - Mon, 2 Mar, 2015

    Egypt expects to attract $8 billion of foreign direct investment in the current fiscal year through June, up from $4 billion last year, Investment Minister Ashraf … More »Egypt to double FDI this fiscal year: minister

    Egypt's Investment Minister Ashraf Salman speaks during a news conference in Cairo

    Egypt expects to attract $8 billion of foreign direct investment in the current fiscal year through June, up from $4 billion last year, Investment Minister Ashraf Salman said on Monday. Salman, speaking at a business conference in Dubai, also reiterated that the government was aiming to cut its budget deficit to 10 percent …

  • Members of the special forces police stand guard in front of the Supreme Constitutional Court in Cairo
    Egypt parliamentary poll looks set for delay after court ruling Reuters - Sun, 1 Mar, 2015

    By Ahmed Tolba and Mahmoud Mourad CAIRO (Reuters) - Egypt's parliamentary poll looks set to be delayed after a court ruled part of an election law was unconstitutional … More »Egypt parliamentary poll looks set for delay after court ruling

    Members of the special forces police stand guard in front of the Supreme Constitutional Court in Cairo

    By Ahmed Tolba and Mahmoud Mourad CAIRO (Reuters) - Egypt's parliamentary poll looks set to be delayed after a court ruled part of an election law was unconstitutional and the main election committee said it was working on a new timetable for the long-awaited vote. President Abdel Fattah al-Sisi directed his government …

  • Mohamed Fahmy urges end to 'diplomatic blockage' in leaving Egypt
    Mohamed Fahmy urges end to 'diplomatic blockage' in leaving Egypt CBC - Sun, 1 Mar, 2015

    Journalist Mohamed Fahmy, still facing a retrial in Egypt, said on Sunday he would like to speak directly to someone in the Canadian government to ask for help in … More »Mohamed Fahmy urges end to 'diplomatic blockage' in leaving Egypt

    Mohamed Fahmy urges end to 'diplomatic blockage' in leaving Egypt

    Journalist Mohamed Fahmy, still facing a retrial in Egypt, said on Sunday he would like to speak directly to someone in the Canadian government to ask for help in securing his deportation from Egypt, something that was arranged for his Australian colleague weeks ago. The Al-Jazeera English journalist indicated in a CBC …

  • Egypt's central bank sells $420 mln in interbank market Reuters - Sun, 1 Mar, 2015

    Egypt's central bank said on Sunday it sold $420 million in the interbank market, after a regularly held dollar auction did not take place. The bank said in a statement … More »Egypt's central bank sells $420 mln in interbank market

    Egypt's central bank said on Sunday it sold $420 million in the interbank market, after a regularly held dollar auction did not take place. The bank said in a statement that the sale was made to meet outstanding demand for staple commodities, raw materials and pharmaceuticals, but it did not give further details. Central …