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Mar 11, 2015

Egypt pins hope for revival on investment conference

CAIRO (Reuters) – After four years of political turmoil, Egypt is staking its economic revival on an investment summit in Sharm el-Sheikh it hopes will burnish its image and attract billions of dollars.

The gathering, to be attended by global chief executives and officials including the International Monetary Fund’s Christine Lagarde and U.S. Secretary of State John Kerry, is not just about money.

Feb 26, 2015

Egypt army could play role in new Suez industrial hub: chairman

ISMAILIA, Egypt (Reuters) – Egypt’s military could help build an industrial hub around a new Suez Canal, the project’s manager said, the first suggestion that the armed forces may play an important role in the huge investment venture planned alongside the new waterway.

The army began in August digging the new $8 billion canal that President Abdel Fattah al-Sisi, the former military chief, wants completed within a year.

Feb 24, 2015

Egypt’s Sisi issues decree widening scope of security crackdown

CAIRO (Reuters) – Egyptian President Abdel Fattah al-Sisi has signed off on an anti-terrorism law that gives authorities more sweeping powers to ban groups on charges ranging from harming national unity to disrupting public order.

The move, announced in the official Gazette, is likely to increase concern among human rights groups that the government has rolled back on freedoms gained after the 2011 uprising that ended a three-decade autocracy under Hosni Mubarak.

Feb 18, 2015

Islamic State lays claim to North African outpost

ALGIERS/CAIRO (Reuters) – The images match the worst of Islamic State’s atrocities: black-clad fighters and an English-speaking jihadist taunt the West before slaughtering their victims in orange jumpsuits on a Libyan beach.

Their masked leader turns to the Mediterranean and points a bloodied knife towards Europe, declaring, “We will conquer Rome, God willing.”

Feb 18, 2015

Feature: Fierce crackdown on dissent no laughing matter in Egypt

CAIRO (Reuters) – When President Abdel Fattah al-Sisi said people should not moan about Egypt because it was not like war-ravaged Iraq or Syria, his remark gave birth to a joke: New Egyptian passports should read “The Country not like Iraq or Syria.”

Gags like this are in short supply in Egypt.

Humour was one of the only channels for protest under successive Egyptian autocrats accused of mismanagement, repression and corruption. But Sisi’s tightening grip on power is leaving little space for critics, comics or cartoonists.

Feb 18, 2015

Fierce crackdown on dissent no laughing matter in Egypt

CAIRO, Feb 18 (Reuters) – When President Abdel Fattah
al-Sisi said people should not moan about Egypt because it was
not like war-ravaged Iraq or Syria, his remark gave birth to a
joke: New Egyptian passports should read “The Country not like
Iraq or Syria.”

Gags like this are in short supply in Egypt.

Humour was one of the only channels for protest under
successive Egyptian autocrats accused of mismanagement,
repression and corruption. But Sisi’s tightening grip on power
is leaving little space for critics, comics or cartoonists.

Feb 16, 2015

Sisi warns of response after Islamic State kills 21 Egyptians in Libya

CAIRO (Reuters) – Islamic State released a video on Sunday that appeared to show the beheadings of 21 Egyptian Christians in Libya and President Abdel Fattah al-Sisi warned that his country would respond to the deaths as it saw fit.

Speaking on national television hours after the release of the video, Sisi said Cairo would choose the “necessary means and timing to avenge the criminal killings”.

Feb 10, 2015

Vodafone Egypt spending $1.25 billion on network upgrade

CAIRO (Reuters) – Vodafone Egypt (VODE.CA: Quote, Profile, Research) plans to spend around 9.5 billion Egyptian pounds ($1.25 billion) on upgrading its network over the next three years to keep pace with demand for data services, its CEO said.

Vodafone Egypt, majority owned by British mobile operator Vodafone (VOD.L: Quote, Profile, Research), is the leading communications player by customer numbers in the country of 90 million.

Feb 1, 2015

Egypt frees Al Jazeera journalist Greste, two others still held

CAIRO (Reuters) – Al Jazeera journalist Peter Greste was released from a Cairo jail on Sunday and left Egypt after 400 days in prison on charges that included aiding a terrorist group, security officials said.

There was no official word on the fate of his two Al Jazeera colleagues – Canadian-Egyptian Mohamed Fahmy and Egyptian national Baher Mohamed – who were also jailed in the case that provoked an international outcry.

Feb 1, 2015

Jailed Al Jazeera journalist Peter Greste leaves Egypt for Australia

CAIRO (Reuters) – Al Jazeera journalist Peter Greste was released from a Cairo jail on Sunday and left Egypt for his native Australia after 400 days in prison on charges that included aiding a terrorist group, security officials said.

There was no official word on the fate of his two Al Jazeera colleagues – Canadian-Egyptian Mohamed Fahmy and Egyptian national Baher Mohamed – who were also jailed in the case that provoked an international outcry.