Egypt

Cautiously optimistic

The signing of a reconciliation accord in Cairo between Fateh and Hamas promises the start of a new era in the inter-Palestinian relations. One, nevertheless, expresses optimism timidly; this is not the first time Fateh, the mainstream faction in the West Bank, and Hamas, the ruling faction in Gaza, have […]

Palestinian factions sign unity deal in Cairo

CAIRO (AFP) – Palestinian factions signed a reconciliation deal in Cairo on Tuesday to end the divide between the West Bank and Gaza and hold elections in a year in an agreement Israel called a blow to peace. Representatives of 13 factions, including Palestinian President Mahmoud Abbas’ Fateh Party and […]

Difference between Egyptian and Syrian revolts

By Michael Jansen There is a world of difference between Egypt’s people’s power uprising and the ongoing Syrian revolt. In Egypt, there were specific local developments that in combination with the overthrow by popular action of Tunisia’s President Zine Al Abidine Ben Ali prompted millions of Egyptians to raise the […]

A new chance in Egypt for Islamic finance

Covered head-to-toe in a black abaya embroidered with red and yellow flowers, Amal Abbas waits for her turn to place a deposit at Cairo’s Al Baraka Egypt Bank, one of Egypt’s two fully-fledged Islamic banks. Although Egypt is considered the birthplace of Islamic finance, which adheres to Islamic principles banning […]

Mubarak, two sons detained in rare move

Cairo (CNN) — Egyptians exulted Wednesday over the detention of their ailing former president and his two sons in a probe exploring the killing of protesters in Cairo’s Tahrir Square, the center of the country’s dramatic uprising earlier this year.  Former President Hosni Mubarak and his sons, Gamal and Alaa, were […]