Thousands hold open sit-ins in Suez, Alexandria
By Marwa Al-A'asar CAIRO: Thousands protested on Tuesday in Suez and Alexandria parallel to a sit-in in Cairo's Tahrir Square, denouncing the two speeches of Prime Minister Essam Sharaf and the…
Egypt PM accepts deputy resignation, says Cabinet
By Dina Zayed / Reuters CAIRO: Egypt's Prime Minister Essam Sharaf accepted the resignation of his deputy premier, whose removal had been called for by protesters, the Cabinet's Facebook page said…
Ghali slapped 10 years, Adly five and Nazif suspended sentence in license plates case
By Tamim Elyan CAIRO: The Cairo Criminal Court on Tuesday handed down a 10-year prison sentence with labor to former finance minister Youssef Boutros-Ghali, in absentia, and five years with labor…
Supreme Judicial Council rules corruption trials to be aired live
By Tamim Elyan CAIRO: The Egyptian Supreme Judiciary Council decided Tuesday to move the trials of former regime figures and officers accused of killing of protesters to larger courts to allow…
Egypt PM accepts deputy resignation: Cabinet
By Dina Zayed/Reuters CAIRO: Egypt's Prime Minister Essam Sharaf accepted the resignation of his deputy premier, whose removal had been called for by protesters, the Cabinet's Facebook page said on Tuesday.…
US official says committed to bolster private sector investment
CAIRO: As Tahrir Square continues to play host to Egyptians seeking a forum to voice their concerns regarding the impending trajectory of their country, the economy is looking to emerge…
Aberdeen sees some stability in Egypt, awaits vote
CAIRO: Aberdeen Asset Management sees potential opportunities in Egypt after the popular uprising there but is waiting for the outcome of elections before returning to the local treasury bill market.…
Citadel appoints Citigroup as adviser
CAIRO: Egyptian private equity firm Citadel Capital has appointed Citigroup Incas a financial adviser, Citadel said in a letter to the stock exchange on Tuesday. "Citadel Capital appointed (on Monday)…
GB Auto Q2 sales decline 16 percent
CAIRO: GB Auto, Egypt's biggest listed automobile assembler, said on Monday political turmoil dampened its second-quarter passenger car sales by 16 percent from a year earlier, a smaller decline than…
Telecom Egypt eyes MVNO license towards year-end
CAIRO: Egypt's revolution has not dimmed Telecom Egypt's ambition to push further into mobile phone services and the company aims to secure a mobile virtual network license towards the end…