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Egypt economic growth to remain slow: IMF

  /  April 8, 2014  /  Business  /  2 Comments

AFP – Growth in Egypt’s economy is expected to remain sluggish this year as political uncertainty keeps tourists and foreign investors away, the International Monetary Fund said Tuesday. The economy of the Arab world’s most read the rest…

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Egypt foreign reserves up at $17.414bn in March: Central Bank

  /  April 7, 2014  /  Business  /  1 Comment

Reuters – Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn in February, the Central Bank said on Monday. Reserves fell sharply after a 2011 uprising that ousted President Hosni Mubarak but were lifted read the rest…

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The 2014 Egyptian Constitution: Without accountability, checks or balances: Part II

  /  March 25, 2014  /  In Focus  /  3 Comments

The following is the second of a two part article by the Arab Reform Initiative, an independent research network, concerning the 2014 constitution’s treatment of human rights and the separation of powers in the government. read the rest…

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EU renews Mubarak asset freeze

  /  March 22, 2014  /  Egypt, Politics  /  1 Comment

Assets of former president, his sons and 16 others renewed by European bloc

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Court rejects appeal for Ahmed Ezz imprisonment

  /  March 16, 2014  /  Egypt, Politics  /  1 Comment

Steel tycoon still facing charges

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Egypt covers 50% of foreign investors’ repatriation backlog

  /  March 15, 2014  /  Business  /  1 Comment

Reuters – Egypt’s central bank has covered 50% of a backlog of dollars owed to foreign investors seeking to repatriate funds from the country, it said in a statement on Thursday. A repatriation scheme opened read the rest…

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Ahmed Ezz granted bail for illegal acquisition of steel company, but remains in detention

  /  March 11, 2014  /  Egypt, Politics  /  4 Comments

The steel tycoon remains locked up for two other financial corruption cases

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State council repeals new cabinet election law

  /  March 9, 2014  /  Egypt, Politics  /  3 Comments

Law will now allow those convicted of a crime to run for office

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So how is the economy?

  /  March 8, 2014  /  Opinion  /  5 Comments

Last week we talked about the challenges facing the new Egyptian government. We spoke of the newly appointed prime minister’s objectives. Mr Mehleb has proclaimed that his main aims are to wipe out militant violence read the rest…

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Egyptian autocrats struggle with football’s political pros and cons

  /  February 27, 2014  /  Opinion  /  1 Comment

By James M. Dorsey An Egyptian government initiative to build more than a thousand new football pitches to “keep youth off the streets” against the backdrop of a rising number of clashes between fans and read the rest…

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Mubarak embezzlement case postponed until 19 March

  /  February 19, 2014  /  Egypt, Politics  /  1 Comment

Prosecution accuses four new defendants of aiding the former president

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Op-ed review: The future and 11 February 2011

  /  February 11, 2014  /  Opinion  /  2 Comments

Lifeboats Ezzedine Choukri Fishere Al Masry Al Youm Newspaper “Someone asked me: ‘Should we build a Noah’s arc to take us all to the new state that we want to build?’ I said no. That read the rest…

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A benevolent dictator would consider human rights for respectful citizens: Hammouda

  /  February 9, 2014  /  interviews  /  15 Comments

Daily News Egypt interviews Ahmed Ezz’s lawyer

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Mubarak to face trial on new charges

  /  February 6, 2014  /  Egypt, Politics  /  2 Comments

The latest charges brought against Mubarak and his two sons Alaa and Gamal involve their alleged embezzlement of 125 million Egyptian pounds ($18m)

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Stimulus package almost ready

  /  February 2, 2014  /  Business  /  No Comments

Government aims to reassure that Egypt safe for investors

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6 April warns of continued resistance

  /  February 1, 2014  /  Egypt, Politics  /  2 Comments

Movement claims to have evidence proving security forces’ responsibility for the death of its members

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Mubarak-era networks return for new military man

  /  January 30, 2014  /  Egypt, Politics  /  No Comments

Their return casts fresh doubts about the stumbling political transition in Egypt

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Egyptian bank says lining up first IPOs since Mubarak era

  /  January 28, 2014  /  Business  /  No Comments

The last IPO on the Egyptian exchange was in 2010.

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Egypt’s growth to miss forecasts

  /  January 28, 2014  /  Business  /  1 Comment

Reuters – Egypt’s economy will only grow by 2.0% in the fiscal year ending June 2014, well below the government target of 3.5%, according to a Reuters poll of economists who lowered their forecasts once read the rest…

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Egypt’s “new normal” aids financial market rebound

  /  January 27, 2014  /  Business  /  No Comments

Egypt’s economy was growing at about 6% annually for several years before Mubarak was ousted.

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Egypt: three years of unrest

  /  January 24, 2014  /  Egypt, Politics  /  1 Comment

Key developments in Egypt

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Activists who toppled Egypt’s Mubarak see autocracy return

  /  January 24, 2014  /  Egypt, Politics  /  No Comments

Government crackdown has been widened in recent months to target the liberal and secular activists who led the 18-day revolt in 2011

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Italy lifts travel warning for Egypt resorts

  /  January 22, 2014  /  Tourism  /  1 Comment

Before the ban, 400,000 Italian tourists visited Egypt in 2013

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One more anniversary

  /  January 22, 2014  /  Opinion  /  No Comments

Another anniversary passes by, as Egypt remains stuck inside the loop of political transformations that began on January 2011. Much has changed since that Tuesday where a few thousands took to the streets defying Mubarak’s read the rest…

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Is there any reason left to be bullish on Egypt?

  /  January 19, 2014  /  Opinion  /  1 Comment

After the dust cleared and the votes were counted for Egypt’s newest constitutional referendum, the interim regime cheered, announcing that the results represented “a clear endorsement of the roadmap to democracy, as well as economic read the rest…

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New constitution opens road for Sisi but youths distanced

  /  January 19, 2014  /  Egypt, Politics  /  7 Comments

Egyptian voters have approved the Tuesday-Wednesday referendum by 98.1%, officials announced Saturday, and the results are seen as nod to General Abdel Fatah Al-Sisi to run for president.

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Egyptians’ lives: Between reality and fantasy

  /  January 18, 2014  /  Opinion  /  1 Comment

By Mohammed Nosseir Egyptians live two parallel lives: the life of reality that they struggle through daily and a fantasy existence of which they dream, a fantasy that they feel is quite close to reality, read the rest…

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Egyptian football fans threaten to revive stadia as battle fields

  /  January 16, 2014  /  Opinion  /  No Comments

By James M Dorsey With multiple potential flashpoints coinciding, militant, street-battle hardened Egyptian football fans threaten to align stadia alongside the country’s universities as battle grounds against the armed forces and the military-backed government. The football read the rest…

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TV host Ibrahim Eissa testifies as Mubarak trial reopens

  /  January 12, 2014  /  Egypt, Politics  /  No Comments

Media allowed to cover hearing for the first time since September

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Egypt: Three years of unrest

  /  January 12, 2014  /  Egypt, Politics  /  1 Comment

AFP – Key developments in Egypt since the 2011 revolt that led to the overthrow of former president Hosni Mubarak after 30 years in power: – 2011 – – 25 January: Massive protests erupt, after read the rest…

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