Monthly Archives: April 2013

Egypt PM to visit donor Qatar amid IMF loan talks

By | 2013-04-09T15:50:23-04:00 April 9th, 2013|News|

Egypt’s prime minister was due in Qatar on Tuesday for talks with his country’s biggest Gulf Arab financial backer as Cairo is negotiating for an IMF loan to help ease a deepening economic crisis.   Hisham Kandil was to fly to Doha after attending the swearing in of Kenya’s new president in Nairobi, his office

France launches major offensive on Mali Islamists

By | 2013-04-08T17:16:55-04:00 April 8th, 2013|News|

A French force of 1,000 soldiers has begun a sweep of a river valley thought to be a logistics base for armed Islamists near the Malian city of Gao, an AFP journalist accompanying the mission said.   Operation Gustav, one of France’s largest actions since its intervention against insurgents in January, will involve dozens of

Death toll in Egypt’s sectarian clashes rises to two

By | 2013-04-08T17:03:53-04:00 April 8th, 2013|News|

The death toll in clashes between Muslims and Christians in Cairo has risen to two, health and security officials said Monday. Another 89 were injured in the clashes outside Cairo’s main Coptic cathedral, which brought Egypt’s growing religious tension to the seat of the church’s pope.   The clashes broke out following the funeral of

Egypt in U-turn over proposed tax on share dividends and takeovers

By | 2013-04-08T16:28:05-04:00 April 8th, 2013|News|

Egypt has cancelled a controversial proposal to tax share dividends and gains made in takeover deals, a senior advisor told Al Arabiya.   The proposals were part of sweeping new tax rules currently being discussed in Egypt, and had rattled markets and corporations in the economically fragile country.   Abdullah Shehata, economic advisor to President

Egypt: One Killed in Clashes Between Muslims and Copts

By | 2013-04-08T12:41:55-04:00 April 8th, 2013|News|

One person was killed on Sunday in clashes at Cairo's Coptic cathedral, after funeral prayers for four Christians during which angry Copts chanted against Islamist President Mohammed Morsi, an official said, according to AFP.   Fighting between Christians and Muslims, meanwhile, erupted anew in a town north of the capital where sectarian violence killed five

Muslims attack Coptic Cathedral in Cairo

By | 2013-04-08T03:35:15-04:00 April 8th, 2013|Press Releases|

On the afternoon of Sunday, April 7, Egyptian police surrounded and protected Saint Mark’s Coptic Cathedral of Cairo, the headquarters of the Coptic Pope, after four hours of attacks on the church by Muslims throwing Molotov cocktails, rocks, and firearms, and where Christians gathered to mourn their dead.    A liturgy was being held for

Egypt’s highest judicial body calls on top prosecutor to step down

By | 2013-04-08T01:37:00-04:00 April 8th, 2013|News|

Egypt's highest judicial body has urged the country's top prosecutor to step down, nearly five months after Islamist President Mohammed Mursi appointed him.   A statement by the Supreme Judiciary Council carried on Sunday by the official MENA news agency urged Talaat Abdullah to return to being a judge for the sake of the unity

Egypt households suffer in economic hard times

By | 2013-04-08T01:21:35-04:00 April 8th, 2013|News|

It is not just Egypt’s politicians and experts who are keeping a close eye on loan talks with the International Monetary Fund: ordinary Egyptians suffering the squeeze of a devastating economic crisis are also watching with concern.   Sami Mohammed, a 49-year-old civil servant, has been struggling with soaring inflation and says he fears the