International leaders applause Mubarak’s ouster
LONDON: World leaders hailed the Egyptian revolution that led to President Hosni Mubarak's ouster, but other authoritarian regimes weren't celebrating — and some were trying to censor the news. In…
Egypt’s revolt met with wide support
LONDON: Egyptians gathered in major cities across the US on Saturday for a second day of celebration after Egyptian President Hosni Mubarak stepped down, with many expressing hope about the…
Even in his hometown, Egyptians say Mubarak was out of touch
By Samer al-Atrush / AFP KAFR EL-MOSEILHA: When Hosni Mubarak, then an aloof young military officer, returned to his Nile Delta hometown to bury his mother he was so disliked, according…
Egyptians regain sense of pride in damaged nation
By Marwa Awad and Andrew Hammond / Reuters CAIRO: For a country with 5,000 years of history, Egypt's fall into a deep social, economic and political malaise during the three decades…
Clearing the way for a new Egypt
By Safaa Abdoun CAIRO: The morning after former President Hosni Mubarak stepped down, thousands of Egyptians from all walks of life flocked to Tahrir Square as part of an initiative to…
PR firms see slowdown in business
CAIRO: Egypt’s recent political unrest has had a marked and drastic effect on tourism, the capital market and, to a lesser extent, every other sector in the economy. One of…
Economy ‘solid’ but concerns remain over debt, deficit
CAIRO: Egypt's Prime Minister Ahmed Shafiq said Sunday that Egypt’s “economic position is solid,” as analysts expect added stresses to raise the nation’s debt and budget deficit. The prime minister…
Suez citizens to resume protests if governor, police chief not sacked
By Marwa Al-A'asar CAIRO: Thousands of citizens in Suez governorate will resume protesting Monday if their demands of sacking the governor and the police directorate chief are not met. The two…
Egypt covers $1.1 bln domestic T-bill offering
CAIRO: Egypt sold LE 6.5 billion ($1.1 billion) worth of 91-day and 266-day treasury bills on Sunday, the third such auction after banks reopened from a week-long closure caused by…
Analysis: Egypt economy faces rocky road after protests
By Reed Stevenson/Reuters DUBAI: Egypt's military council faces a daunting challenge to stabilize the economy after 18 days of protests which may cut growth this year in half and have left…