Yasmine's Feed
Nov 20, 2012

Egypt agrees deal for $4.8 billion IMF loan

CAIRO (Reuters) – Egypt reached a preliminary agreement on Tuesday with the International Monetary Fund for a $4.8 billion loan, a step seen as vital to shoring up the nation’s finances.

Investors who abandoned Egypt during the political turmoil that followed the overthrow of Hosni Mubarak last year have been looking to the IMF to give its seal of approval to the government’s economic program.

Nov 20, 2012

Egypt reaches preliminary deal for $4.8 bln IMF loan

CAIRO, Nov 20 (Reuters) – Egypt reached a preliminary
agreement on Tuesday with the International Monetary Fund for a
$4.8 billion loan, a step seen as vital to shoring up the
nation’s finances.

Investors who abandoned Egypt during the political turmoil
that followed the overthrow of Hosni Mubarak last year have been
looking to the IMF to give its seal of approval to the
government’s economic programme.

Nov 19, 2012
via FaithWorld

New Coptic Orthodox pope installed to lead church in Islamist-run Egypt

Photo

Pope Tawadros II, the new pope of the Coptic Orthodox church, attends his enthronement ceremony at St. Mark Cathedral in Abbasiya, Cairo November 18, 2012.  REUTERS/Mohamed Abd El Ghany

The Coptic Orthodox church staged a ceremony rich in ritual on Sunday to install its pope, Tawadros II, who Christians hope will guide them through the new, Islamist-led Egypt.

Nov 18, 2012

New pope installed to lead church in Islamist-run Egypt

CAIRO (Reuters) – The Coptic Orthodox church staged a ceremony rich in ritual on Sunday to install its pope, Tawadros II, who Christians hope will guide them through the new, Islamist-led Egypt.

The 60-year-old pope was picked on November 4 and the ceremony on Sunday filled with incense, elaborate robes and chanting marked his formal ascendance as the 118th leader of the church.

Nov 17, 2012

Advisers resign from body drafting Egypt constitution: agency

CAIRO (Reuters) – A group of technical advisers helping to write Egypt’s new constitution resigned on Saturday, saying they would draw up a draft of their own because their voices were not being heard, state news agency MENA said.

The resignations further complicate a drafting process delayed by bickering among Islamists and liberals, raising doubts whether the document would be ready by a December 12 deadline.

Nov 17, 2012

Arabs expected to back Egypt truce efforts for Gaza

CAIRO, Nov 17 (Reuters) – Arab foreign ministers will
consider on Saturday a draft statement that calls for the Arab
League chief to lead a delegation to Gaza and supports Egypt’s
efforts to negotiate a truce, an Arab diplomatic source said.

But ministers meeting at the Cairo-based headquarters said
Arab states had to take practical steps to support Palestinians
in Gaza. Israel launched a massive air campaign on Wednesday.

Nov 14, 2012

France recognizes new Syria opposition

CAIRO/PARIS (Reuters) – France became the first European power to recognize Syria’s new opposition coalition as the sole representative of its people and said on Tuesday it would look into arming rebels against President Bashar al-Assad once they form a government.

Twenty months into their bloody uprising against Assad, fragmented Syrian opposition groups struck a deal in Qatar on Sunday to form a broad coalition and their leader immediately appealed for European backing.

Nov 13, 2012

Syrian opposition leader requests European recognition

CAIRO, Nov 13 (Reuters) – Europe should recognise a Syrian
opposition coalition as a provisional government, enabling it to
seek weapons for the fight against President Bashar al-Assad,
the new body’s leader said on Tuesday.

Mouaz Alkhatib, a moderate Sunni Muslim cleric who fled to
Cairo in July after repeated detentions by Syrian secret police,
was elected on Sunday to head the coalition forged in Qatar last
week to try to create a more coherent, inclusive opposition.

Nov 13, 2012

New Syrian opposition chief seeks recognition, arms

CAIRO, Nov 13 (Reuters) – The leader of Syria’s new
opposition coalition called on European states to recognise it
as the legitimate government and provide it with funds to buy
the weapons it needs to overthrow President Bashar al-Assad.

But Britain and France appeared to set further conditions,
notably for rallying support inside the country, before they
grant full recognition to the Syrian National Coalition. And,
like the United States, Europeans are still reluctant to arm
rebel forces which include anti-Western Islamist militants.

Nov 13, 2012

Syrian opposition faces uphill battle for recognition

CAIRO, Nov 13 (Reuters) – Syria’s new opposition body sought
Arab and European backing on Tuesday, but Britain and France
seemed to set new conditions for its recognition as an interim
government to take over should President Bashar al-Assad fall.

The Syrian leader has vowed to fight to the death in a
conflict that has already killed an estimated 38,000 people and
risks sucking in other countries in the volatile Middle East.