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CAIRO (Reuters) - Egypt's election committee on Sunday considered complaints about a presidential poll that has left voters with what many see as a painful run-off choice between an Islamist apparatchik and a throwback to Hosni Mubarak's era. Both contenders are seeking to lay claim to the mantle of the "revolution" that toppled Mubarak 15 months ago, and to appeal to the many Egyptians who ...
CAIRO (Reuters) - France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market. Mobinil, founded by Egyptian businessman Naguib Sawiris, vies with Vodafone Egypt for dominance of Egypt's mobile market, which was buffeted by ...
CAIRO (Reuters) - The Muslim Brotherhood may seek to modify, but will not destroy, Egypt's 33-year-old peace treaty with Israel, former U.S. President Jimmy Carter said on Saturday. Carter, 87, was speaking after initial vote tallies put the Brotherhood's candidate ahead in the first round of Egypt's presidential election, which his Carter Center helped monitor. The U.S. ...
CAIRO (Reuters) - A Cairo criminal court on Sunday sentenced ousted President Hosni Mubarak's former chief of staff to seven years in jail and fined him 36.4 million Egyptian pounds on charges of making illegal gains, the state news agency MENA said. Zakaria Azmi has been held since April 2011 on charges of amassing wealth unlawfully. He is among several officials from Mubarak's administration ...
CAIRO (Reuters) - The Central Bank of Egypt (CBE) said on Sunday it was lowering the reserve requirement on local currency deposits to 10 percent from 12 percent to increase banking sector liquidity, its second such move in two months. The new ratio is effective starting on June 26, the bank said on its website. On March 20, it announced it was reducing the ratio to 12 percent from 14 percent. ...
CAIRO (Reuters) - The average yield on 91-day treasury bills climbed to its highest in at least 15 years at an auction on Sunday, while the yield on 273-day bills inched down, the Ministry of Finance said. The lending ability of local banks has been squeezed after the government turned to the domestic market to finance a budget deficit that widened after a popular uprising unseated Egypt's ...
CAIRO (Reuters) - Egypt's election committee on Sunday considered complaints about a presidential poll that has left voters with what many see as a painful run-off choice between an Islamist apparatchik and a throwback to Hosni Mubarak's era. Related Stories Nepal faces fresh turmoil after charter deadline missed Sudan's Bashir ready to pull troops from Abyei - Carter Indonesian media mogul ...
Egypt presidential candidates file appeals to election commission, charging vote fraud
Two distinctive Egyptian presidential candidates, one representing resurgent Islamists and the other a weathered veteran of the country's old guard, have begun maneuvering for wider political support ahead of an expected runoff next month.
CAIRO (AP) — Three top candidates in Egypt's presidential race filed appeals to the election commission ahead of the deadline Sunday, alleging violations in the first round vote that they say could change the outcome.
Presidential contenders pitch themselves as guardians of the revolution that overthrew Hosni Mubarak. One asks for a recount of last week's vote. CAIRO — Egypt's presidential candidates were busy Saturday polishing sound bites and stretching the facts a bit as they re-marketed themselves as guardians of the uprising that overthrew Hosni Mubarak and led to the nation's first free election for a ...
Egypt met its fundraising target at a government-debt auction and the central bank cut the local- currency reserve requirement after the country’s presidential vote last week.
At a little past 1:00 a.m., the Ukrainian girls at Pacha start to mob the dance floor. Pacha is the glitziest, most over-the-top nightclub in Sharm el-Sheikh, on the southern tip of Egypt’s Sinai Peninsula.
Egypt cut the local-currency reserve requirement for banks to 10 percent today, the second reduction this year, to free up funds for lenders as government debt yields climb to near-record levels.
Egypt's presidential election frontrunners were vying for deals with rival candidates Sunday in a bid to appease a polarised nation that will choose between an Islamist and a Mubarak-era minister in a June runoff.
Egypt’s election committee is considering complaints about the country’s presidential poll that has left voters with what many see as a painful run-off choice between an Islamist apparatchik and a throwback to the Hosni Mubarak era.
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