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Latest in Politics


Abbas to meet Israel's Livni at WEF

JERUSALEM: Palestinian President Mahmoud Abbas will meet Israeli Foreign Minister Tzipi Livni at a Middle East economic conference in Egypt on Sunday, a Palestinian official said on Thursday. An Israeli Foreign Ministry spokesman said Abbas and Livni would be on a joint panel discussion but did not confirm the two would hold separate talks. Talks …

Daily Star Egypt Staff

Ayman Nour denied appeal

CAIRO: Jailed opposition leader Ayman Nour’s appeal case was rejected Thursday, with the Cairo Court of Cassation upholding the five-year sentence originally assigned. Most reporters and journalists were kept away from the courtroom, as hundreds of activists and Nour supporters gradually flocked to Cairo’s Supreme Court. The press was denied entrance to the court, while …

Pakinam Amer

Three more Sinai bombings suspects detained

CAIRO: Police on Thursday detained three more Egyptians suspected of involvement in the triple suicide attacks that killed 20 people in the Sinai Peninsula last month, security sources said. They were on a list of 25 people wanted in connection with the bombings that struck the popular diving resort of Dahab on April 24, a …

Daily Star Egypt Staff

Egypt rebuffs EU calls to end state of emergency

CAIRO: Egypt on Wednesday rejected as misinformed calls from the European Union presidency urging Cairo to end its state of emergency and denouncing its use against pro-reform demonstrators. The foreign ministry has received with surprise and dismay the declaration issued by the EU presidency, said a statement received by AFP. The statement issued on Monday …

Daily Star Egypt Staff

Congress mulls benefits of aid to Egypt versus cost

WASHINGTON: The Bush administration urged Congress on Wednesday not to cut U.S. aid to Egypt, arguing such punishment for Cairo s democracy crackdown would damage U.S. national interests. Since 1979, the United States has pumped more than $60 billion of aid into Egypt, but many in Congress are growing impatient with Cairo over the slow …

Daily Star Egypt Staff

Interbank rate falls to 8.10 percent

CAIRO: The median overnight interbank rate on the pound fell to 8.10 percent on Wednesday from Tuesday s 8.154 percent, with the market experiencing short-term liquidity, bankers said. Four of nine banks contacted by Reuters had dealt overnight, between 8 and 8.15 percent. Rates at banks contacted on Tuesday were at 8.25 percent. We ve …

Daily Star Egypt Staff

Sawiris sees Weather listing raising 2 billion euros

MILAN: Egyptian businessman Naguib Sawiris said on Wednesday he aimed to raise about 2 billion euros from the listing of Weather Investments, which controls Italy s second biggest mobile phone operator, Wind. Sawiris, who heads Weather Investments, also said it would likely go to market in Milan by the end of this year at the …

Daily Star Egypt Staff

EAB Q1 net profit down 27.5 percent

CAIRO: Egyptian American Bank (EAB) on Wednesday posted a 27.5 percent fall in its first quarter net profit to LE 64.36 million ($11.15 million). EAB had a first quarter net profit of LE 88.84 million in the same period last year. The largest shareholders in the bank are France s Credit Agricole SA, with 56.15 …

Daily Star Egypt Staff

Watching houses of worship crumble

CAIRO: As sectarian tension has grown in Egypt over the past few years, Copts have become more vocal about their concerns with the decades-long difficulties facing the building and restoration of churches topping their list of complaints. The government has allegedly tried to ease the process that Copts have to go through in order to …

Pakinam Amer

Saving 1,500-year-old manuscripts

CAIRO: In Wadi Al Natroun lies the Coptic monastery Deir El Surian, whose library houses an estimated 2,000 of the earliest Christian manuscripts and fragments dating back as far as the fifth century. Texts in Syriac, Coptic, Arabic and Ethiopic have accumulated over hundreds of years since the monastery was established in the sixth century. …

Sarah El Sirgany

Opposition call for an all-night protest in support of judges

CAIRO: Activists are expected to take to the streets in protest today, despite an official statement by the government warning of the consequences. In an effort to avoid more violent clashes between police and protestors, organizers have called for an all-night sit-in nearby to where two judges are set to face disciplinary hearings. Hisham El-Bastawisy …

Daily News Egypt

Activists protest violence against Egyptian journalists

CAIRO: More than 200 activists staged a loud demonstration in front of the press syndicate Tuesday evening, vehemently criticizing the use of force against journalists covering last week’s protests. “Down . Down with the Emergency Law, shouted some protestors. “Down . Down with the security police. The activists belonged to several groups: the Kefaya (Enough) …

Pakinam Amer

Analysts view Gamal Mubarak as on a mission to reduce tension

CAIRO: A visit to the White House by the politician son of President Hosni Mubarak indicates that the Egyptian government and the Bush administration both want to reduce tension over recent repression in Egypt. The choice of Gamal Mubarak, 42, as a high-level messenger also adds weight to the theory that Gamal is the most …

Daily Star Egypt Staff

Interior Ministry warns against unauthorized street protests

CAIRO: The Interior Ministry warned Monday that any unauthorized street protests would be dealt with as breaking the law, suggesting that police were likely to arrest political activists if they take to the streets again later this week in support of two pro-reform judges facing disciplinary procedures. The warning, which came in a ministry statement, …

Daily Star Egypt Staff

European Union expresses concern over renewal of Emergency Law

VIENNA: The European Union expressed concern Tuesday about the arrests and jailing of demonstrators in Egypt and the country s recent decision to extend the Emergency Law it had promised to lift. In a statement from officials in Austria, which holds the EU s rotating presidency, the 25-nation bloc called the police operation disproportionate and …

Daily Star Egypt Staff

Interbank rate rises to 8.25 percent

CAIRO: The median overnight interbank rate on the pound rose to 8.25 percent on Tuesday from Monday s 8.123 percent with market conditions largely unchanged, bankers said. Four of seven banks contacted by Reuters had dealt overnight, all of them at 8.25 percent. Rates at banks contacted on Monday were between 8 and 8.1875 percent. …

Daily Star Egypt Staff

Calyon Egypt Jan-March net up 481 percent

Head: CAIRO: Calyon Bank Egypt reported a net profit of LE 22.1 million ($3.8 million) in the three months to the end of March, the stock exchange said in a statement on Tuesday. The figure represents a 481 percent increase compared with same period last year. The bank is 75 percent owned by French investment …

Daily Star Egypt Staff

Serb mobile phone firm attracts 10 suitors

BELGRADE: Serbia s privatization agency said 10 firms had expressed interest in the purchase of Mobtel, its first mobile phone company now renamed Mobi 63, at a starting price of 800 million euros ($1 billion). Bids came from Norway s Telenor, Deutsche Telekom, France Telecom, Mobilkom Austria, the mobile unit of Telekom Austria, Sweden s …

Daily Star Egypt Staff

UN expert praises Egypt's bird flu response

WASHINGTON: Egypt s quick response to bird flu shows that even less-developed countries can cope with limited outbreaks if they follow guidelines, the United Nations chief bird flu expert says. Although health experts had worried that Egypt could be hit hard by avian influenza because of its backyard flocks and widespread poverty, the North African …

Daily Star Egypt Staff

Painting a portrait of rebirth

CAIRO: When thinking of Algeria, most people remember the wars, the terror, the French invasion and unsettlement. The country has seen occupations by the Phoenicians, Romans, Moors, Jews, Ottomans and finally the French, which lasted until 1962, and marked the beginning of a brutal civil war that ended only a few years ago. American photojournalist …

Farah El Alfy

EU set to finance 200 new "girl-friendly" schools in Egypt

CAIRO: The European Union has pledged to fund 200 new girl-friendly schools countrywide, in a joint bid with the National Council for Childhood and Motherhood (NCCM) to work towards a greater inclusion of females in education. The schools will target girls in the most marginalized areas, said Dalia Hassan, executive director of the NCCM girls …

Daily Star Egypt Staff

Spain's Cepsa gets exploration permit in Egypt

MADRID: Spanish oil and gas company Cepsa said on Tuesday it has gained a new exploration permit in Egypt s western desert enabling it to boost its exploration activities. After a licensing round organized by the Egyptian General Petroleum Corporation (EGPC), Cepsa won the permit for the South Alamein block measuring 3,228 square km in …

Daily Star Egypt Staff

EFG-Hermes awarded Saudi license

CAIRO: The Capital Market Authority of the Kingdom of Saudi Arabia (KSA) granted EFG-Hermes a license to operate as an Investment Bank in the Saudi Stock Exchange on Monday. The license, which they applied for in January 2006, will allow EFG-Hermes to act as a brokerage house in KSA, to practice asset management activities and …

Najla Moussa

Bahai's still banned after appeals court upholds government's claims

CAIRO: The court of appeals on Monday upheld the government’s ban on recognizing the rights of Bahais to have their religion listed on identification cards and passports. “I am disappointed that they haven’t given us the rights due to us as Egyptian citizens, a Bahai in Cairo tells The Daily Star Egypt. “I had just …

Joseph Mayton

Ayman Nour heading back to court

CAIRO: As citizens of Cairo brace themselves for what is likely to be yet another round of solidarity protests for judges Mahmoud Mekki and Hesham El-Bastawisy tomorrow, another familiar face of the opposition heads back to court. Nearly five months after the Cairo’s Court of Cassation handed down his sentence, El-Ghad party leader and presidential …

Vivian Salama