Alexandria sit-in demands president step down
ALEXANDRIA: “This is Alexandria’s Tahrir Square”. With these words, a banner greets visitors of Sidi Gaber square in Alexandria, where 500 people camped out, saying they won’t leave until President…
The people’s republic of Tahrir Square
Yasser Salama Yasser Salama, a baker by trade, was born in 1973 and is a resident of Zawya El-Hamra. He has been in Tahrir Square since Jan. 28.…
Sector protests, strikes sweep Egypt
By Tamim Elyan CAIRO: Thousands of workers continued their protests Wednesday across Egypt demanding better pay and work conditions and expressing solidarity with protesters in Tahrir Square. Protesters’ demands included the…
Experts disagree over constitutional scenarios to solve crisis in Egypt
By Heba Fahmy CAIRO: The debate overshadowing the Egyptian uprising revolves around the constitution and the various scenarios it offers to transfer Egypt from the current state of limbo to a…
CIB creates youth-driven fund, CI Capital’s Karim Helal talks economy
CAIRO: “Egypt is going to end up stronger, freer, a better place to do business and more attractive ,” Karim Helal, Group CEO of CI Capital, told Daily News Egypt.…
Nestle, Shell, ERC back in business
CAIRO: It is no secret that businesses, small or large, have been affected by the recent uprising in Egypt that is currently occurring. “Nestlé had to with deepest regret close…
Money transfers put Arab International Bank in the spotlight
By Amr Ramadan CAIRO: A senior official at the Arab International Bank, which operates outside the jurisdiction of the Central Bank of Egypt (CBE), said Tuesday that the bank saw large…
Egypt Suez Canal Jan revenues down 1.6 pct from Dec
CAIRO: Revenue from Egypt's Suez Canal dropped 1.6 percent to $416.6 million in January from $423.4 million in December but was up 8.6 percent from a year earlier, a state…
Egypt pound stable, central bank warns may step in again
CAIRO: Egypt's central bank warned on Wednesday that it was prepared to intervene directly in the currency market again after purchases on Tuesday strengthened the pound by more than 1…
Top US senator: ‘No real warning’ on Egypt unrest
WASHINGTON: US intelligence services gave the White House and lawmakers "no real warning" that unrest would rock staunch Washington ally Egypt, Senate Intelligence Committee chair Dianne Feinstein said Tuesday. Feinstein…