Yara's Feed
Jun 14, 2015

Egypt’s EFG-Hermes says well-capitalised, east Africa of interest

CAIRO, June 14 (Reuters) – The chief executive officer of
Egypt’s EFG-Hermes, one of the Middle East’s largest
investment banks, said on Sunday the firm was well capitalised
for future growth plans, as it launched a wholly-owned
subsidiary in leasing services.

Karim Awad also told Reuters that sub-Saharan Africa,
particularly eastern Africa, was of interest to the firm.

Jun 11, 2015

Tourist sites on alert as militants go for Egypt’s economic lifeline

CAIRO (Reuters) – After a violent campaign directed at security forces, Egyptian militants appear to be zooming in on President Abdel Fattah al-Sisi’s most vulnerable point: the economy.

Attacks on two prime tourist sites in the space of eight days are deeply worrying for a government which has staked much of its credibility on reviving the economy after years of political turmoil.

Jun 10, 2015

Suicide bomber attacks tourist site in Luxor, four Egyptians wounded

CAIRO (Reuters) – A suicide bomber blew himself up near Egypt’s ancient Karnak temple in the southern city of Luxor on Wednesday, security sources said, a possible sign that militants are shifting focus to target the country’s economic recovery.

Although officials said no tourists were wounded, the attack at Karnak is the second in just over a week on a major tourist site in Egypt, where tourism is a vital source of income and foreign currency.

Jun 1, 2015
via FaithWorld

Egypt deploys scholars to teach moderate Islam, but skepticism abounds

Photo

(Students revise for a Koran verbal recital exam in one of the Al-Azhar institutes in Cairo, Egypt, May 20, 2015.  REUTERS/Asmaa Waguih)

In his battle against militant Islam, Egyptian President Abdel Fattah al-Sisi is relying not just on bomber planes and soldiers but on white-turbaned clerics from Al-Azhar, Egypt’s 1,000-year-old center for Islamic learning. He wants clerics to counter radicalism in the classroom.

May 31, 2015

Special Report: Egypt deploys scholars to teach moderate Islam, but skepticism abounds

CAIRO (Reuters) – In his battle against militant Islam, Egyptian President Abdel Fattah al-Sisi is relying not just on bomber planes and soldiers but on white-turbaned clerics from Al-Azhar, Egypt’s 1,000-year-old center for Islamic learning. He wants clerics to counter radicalism in the classroom.

In a televised speech in January at an Al-Azhar conference center in Cairo, Sisi called for “a religious revolution” in Islam. Radicalized thinking, he told the audience of Islamic scholars, had become “a source of anxiety, danger, killing and destruction for the rest of the world.”

May 20, 2015

Egypt’s judges new frontline in battle against militancy

CAIRO (Reuters) – Egyptian security forces have grown accustomed to being targeted by Islamist militants. Now some judges are buying guns for protection after a spate of attacks which suggest that they too are on the hit list.

Militants are estimated to have killed more than 600 soldiers and police since the army toppled President Mohamed Mursi of the Muslim Brotherhood in 2013.

May 11, 2015

Once untouchable, Egypt’s Sisi faces media attacks

CAIRO (Reuters) – Egyptian newspapers are publishing what would have been unthinkable when then-army chief Abdel Fattah al-Sisi removed the Muslim Brotherhood from power in 2013: suggestions that he is fallible.

It is a sign that a man who enjoys cult-like support may be starting to lose some popularity as elected president.

Apr 7, 2015

Insight – In Egypt, ex-military men fire up Islamist insurgency

CAIRO (Reuters) – A small but highly dangerous succession of former Egyptian army officers are joining Islamist militant groups, complicating President Abdel Fattah al-Sisi’s efforts to counter what he calls an existential threat from extremism.

These men are raising the stakes in an insurgency that has killed hundreds of soldiers and police since the army toppled Islamist President Mohamed Mursi in 2013.

Apr 7, 2015

In Egypt, ex-military men fire up Islamist insurgency

CAIRO (Reuters) – A small but highly dangerous succession of former Egyptian army officers are joining Islamist militant groups, complicating President Abdel Fattah al-Sisi’s efforts to counter what he calls an existential threat from extremism.

These men are raising the stakes in an insurgency that has killed hundreds of soldiers and police since the army toppled Islamist President Mohamed Mursi in 2013.

Apr 5, 2015

Yemen’s Houthis ready for talks if air strikes stop: senior member

CAIRO (Reuters) – Yemen’s Houthis are ready to sit down for peace talks as long as a Saudi-led air campaign is halted and the negotiations are overseen by “non-aggressive” parties, a senior Houthi member said.

Saleh al-Sammad, who was an adviser to President Abd-Rabbu Mansour Hadi, also told Reuters in emailed answers that Yemenis reject the return of Hadi, who escaped to Saudi Arabia after Shi’ite Houthi fighters edged closer to his southern base of Aden last month.