Tahrir resounds with calls for civilian rule on ‘Last Chance Friday’
CAIRO: In a jam packed Tahrir Square, protesters called on the military council to hand over power to a civilian rule on what was dubbed “Last Chance Friday.” "We want…
El-Ganzoury says no Cabinet before elections
CAIRO: Kamal El-Ganzoury, appointed prime minister on Friday amid heavy criticism, said in a press conference that the new government will not be formed before parliamentary elections slated for Monday.…
Egyptians adamant on voting amid volatile security conditions
CAIRO: Despite the volatile security conditions, Egyptian voters are adamant on heading to the polling stations Monday, saying it is the only way to restore stability to the country. Voting…
US, EU urge quick transition to civilian government in Egypt
WASHINGTON: The Obama administration voiced fresh support Friday for restive Egyptians demanding a smoother, speedier transition to democracy following president Hosni Mubarak's fall from power earlier this year. "The United…
Supporters of Al-Aqsa freedom gather at Azhar
CAIRO: Hundreds gathered after Friday prayers at Al-Azhar Mosque to support the Palestinian cause and condemn the judaization of Palestine. The event, dubbed “Friday of Al-Aqsa Support,” was attended by…
Egypt voting extended to two days instead of one
CAIRO: Voting in each phase of Egypt's three-stage parliamentary election will be held over two days instead of one, Egypt's ruling military council decided on Friday. The decision aims to…
Political unrest to dominate Egypt’s market
CAIRO/DUBAI: Political unrest is set to dominate Egypt’s stock market over the coming week, adding to the risks posed by unstable global financial markets. Egypt's benchmark index plunged to its…
RWE to sell Egyptian assets to shore up finances: FT
LONDON: German utility RWE has earmarked oil and gas assets in Egypt for sale in a bid to shore up its finances as Germany moves to exit nuclear energy, the…
Egypt central bank hikes rates as currency slips
CAIRO: Egypt's central bank unexpectedly raised interest rates on Thursday for the first time in more than two years, acting after depleting its foreign reserves trying to defend a local…
Back in Tahrir, business booms
By Reem Abdellatif CAIRO: Tahrir Square has turned into a self-sustaining city again with food stands, clinics, hospitals, security checkpoints and tents around every corner — this time however, much of…