Yasmine's Feed
Mar 12, 2014

Telecom Egypt expects mobile licence in March or April

CAIRO, March 12 (Reuters) – Egypt’s landline monopoly
Telecom Egypt expects a newly-formed government to
grant it a licence to provide mobile services this month or
next, the state-controlled company’s chief executive said on
Wednesday.

Telecom Egypt has been relying on its data business to boost
revenue and has been waiting to launch a new mobile operation
that would complement its existing joint venture with Vodafone
and rival the sector’s two other players.

Mar 4, 2014

Court bans activities of Islamist Hamas in Egypt

CAIRO (Reuters) – An Egyptian court on Tuesday banned all activities of Hamas in Egypt in a further sign that Cairo’s military-backed government aims to squeeze the Palestinian Islamist group that rules neighboring Gaza, regarding it as a security threat.

Hamas is an offshoot of Egypt’s Muslim Brotherhood, which has been declared a terrorist group by the authorities and subjected to systematic repression since the army ousted one of its leaders, Mohamed Mursi, from the presidency last July.

Feb 26, 2014

Egypt’s Sisi to stay on as defense minister: official

CAIRO (Reuters) – Egyptian army chief Field Marshal Abdel Fattah al-Sisi will keep his post as defense minister in a new government, an official source said on Wednesday, quashing speculation he was about to announce a widely expected bid for the presidency.

Sisi is tipped to win the upcoming presidential election but has yet to announce his candidacy. He must vacate the post of defense minister in order to run. The source said he would likely keep that job until an election law is finalized.

Feb 24, 2014

Egypt government resigns, paving way for Sisi to seek presidency

CAIRO (Reuters) – Egypt’s government has resigned, the prime minister said on Monday, paving the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president of a strategic U.S. ally gripped by political strife.

“(The government) made every effort to get Egypt out of the narrow tunnel in terms of security, economic pressures and political confusion,” Prime Minister Hazem el-Beblawi said in a live nationwide speech.

Feb 23, 2014

Egypt food supply shake-up sees official referred to prosecutors

CAIRO (Reuters) – A shake-up of Egypt’s food import and storage authorities has seen an official from its main food buying agency referred to prosecutors over suspected corruption on local rice deals, while the head of its silos and storage holding company was fired.

Egypt is the world’s biggest wheat importer, normally buying some 10 million tons a year and while the suspected corruption is focused on rice, the moves come just days after two senior officials from the General Authority for Supply Commodities (GASC) were transferred from their posts.

Feb 20, 2014

Activists who backed Mursi’s fall turn against military

CAIRO (Reuters) – Their campaign against Islamist President Mohamed Mursi helped the army topple Egypt’s first freely elected leader, but some leaders of the Tamarud movement have broken away, saying the military threatens democracy.

The split in Tamarud (Rebellion) is a sign of growing public anger against the army-backed government installed after Field Marshal Abdel Fattah al-Sisi deposed Mursi in July, following a Tamarud-organized petition and mass protests against him.

Feb 17, 2014

Suspected Egyptian militants raise stakes in insurgency

CAIRO (Reuters) – The bombing of a tourist bus in Egypt by suspected Muslim militants marks a strategic shift to soft targets that could devastate an economy already reeling from political turmoil.

The assailants, who killed two South Koreans and an Egyptian on Sunday, chose their area of operation shrewdly – a poorly guarded buffer zone in the south Sinai between Egypt and Israel.

Feb 16, 2014

Two Koreans, Egyptian driver killed in Sinai tourist bus blast

CAIRO (Reuters) – A bomb on a tourist bus in Egypt’s Sinai peninsula killed at least two Koreans and the Egyptian driver on Sunday, army and security sources said, an apparent turning point in an Islamist insurgency that has gained pace since an army takeover in July.

The Interior Ministry said the bus was travelling from St. Catherine’s Monastery, a popular tourist destination in the south Sinai, to nearby Israel when it was attacked.

Feb 11, 2014

Former presidential hopeful predicts new Egypt revolt

CAIRO (Reuters) – Egyptians will rise up against military rule because of widespread human rights abuses and economic hardships, former presidential candidate Abdel Moneim Abol Fotouh said on Tuesday.

Egypt’s political transition and its economy have stumbled since the 2011 uprising that ousted autocrat Hosni Mubarak.

Feb 9, 2014

Former presidential hopeful says Egypt is now ‘republic of fear’

CAIRO (Reuters) – A moderate Islamist who came fourth in Egypt’s 2012 presidential election won by the Muslim Brotherhood’s Mohamed Mursi, accused the army-backed authorities on Sunday of creating a “republic of fear”.

Abdel Moneim Abol Fotouh, 62, one of the few Islamists left in public life after a crackdown on the Brotherhood and its Islamist allies after Mursi was ousted by the army, said Egypt was not on a path to democracy as the government says.