EGYPT

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Wall St falls on Cisco, but off earlier lows

U.S. stocks were lower on Thursday and the Dow was on track to snap an eight-day rally, but hopes for a possible resolution in Egypt to the political unrest that has gripped the country for more than two weeks helped equities pare earlier losses.

Sudan security release opposition spokeswoman

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Sudanese security forces briefly held prominent opposition figure Mariam al-Mahdi and other women on Thursday, witnesses said, the latest detentions in a crackdown on anti-government protests.
In a video feed provided by the White House, President Barack Obama delivers remarks on the situation in Egypt on February 1, 2011. Obama called for an orderly and peaceful transition to a new government that must "begin now."

US says Egypt failing to meet protest concerns

Egypt must do more to meet protesters' demands for political change, the United States said on Wednesday in a sharp escalation of rhetoric with one of its most important allies in the Middle East.
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Egypt’s ruling party leaders resigns, army tries to reassert control.

Reports circulating that Mubarak may step down tonight

A senior Egyptian army commander has reportedly told protesters in Cairo's Tahrir Square on that Everything you want will be realized,” according to Al-Jazeera, suggesting that President Hosni Mubarak may soon be steeping down acceding to the protesters’ demands.
Xipwire co-founders

Mobile payment startup builds buzz through causes

When competitors shut down payments to WikiLeaks after the controversial website released a slew of sensitive U.S. diplomatic cables, Sharif Alexandre refused to join the boycott. The Egyptian-born entrepreneur and founder of Xipwire - a Philadelphia-based mobile payments startup - stood opposed to PayPal and Amazon and let customers continue making donations via cellphones.
A young protester chants anti-government slogans during demonstrations inside Tahrir Square in Cairo

Egypt counts cost of turmoil, protesters undaunted

Egyptians counted the economic cost of more than two weeks of turmoil on Wednesday as protesters on Cairo's Tahrir Square looked ahead to their next big push to oust President Hosni Mubarak later in the week.
Mauritius

Mauritius Naiade hotel chain profit up eight-fold

Mauritius luxury hotel group Naiade Resorts said second-quarter profit rose eight fold due to a rise in occupancy, and predicted further gains from tourists avoiding political upheavals in North Africa.
An opposition supporter prays while sitting in a damaged bus near Tahrir Square in Cairo

No work means no food for many Egyptians

Mustafa Fikri could not even be at his wife's hospital bedside when she gave birth to their first son. He was working and the last thing on the Cairo cab driver's mind was protesting against Hosni Mubarak's repressive rule. His preoccupation for the day was for the city's roads to stay open and protests to be peaceful, so people would venture out and need his services.
Egyptian Foreign Minister Ahmed Abul Gheit

Egypt scans diplomatic baggages as precautionary measure

Egyptian security and custom authorities have started screening all incoming and outgoing diplomatic pouches, as a precautionary measure to avoid entry of questionable objects, state news agency Middle East News Agency MENA reported on Monday.
Southern Sudan Referendum Commission

South Sudan votes for independence by a landslide

South Sudan voted overwhelmingly to declare independence in final results of a referendum announced on Monday, opening the door to Africa's newest state and a fresh period of uncertainty for the fractured region.
Egyptian

Egyptians stage big protest and dismiss power plan

Egyptians staged one of their biggest protests yet Tuesday demanding President Hosni Mubarak step down now, their wrath undiminished by the vice president's announcement of a plan to transfer power.
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Kenyan agricultural stocks to weather drought

High international commodities prices and a weakening shilling against the dollar are expected to cushion Kenyan listed agricultural stocks from inflationary pressures and the effects of a biting drought, analysts said.
Central Bank of Egypt

Egypt c.bank intervenes to prop up ailing pound

Egypt's central bank said on Tuesday it intervened in the market to prop up the Egyptian pound, helping the local currency to rise against the dollar for the first time since political unrest gripped the country.
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Gunshots heard in centre of Tunis: witnesses

Gunshots were fired in the centre of the Tunisian capital on Tuesday, people in the area said, in a new blow to faltering efforts to restore security after the overthrow of the autocratic president.
anti-government

Egyptians stage big protest, dismiss power plan

Egyptians staged one of their biggest protests yet on Tuesday demanding President Hosni Mubarak step down now, their wrath undiminished by the vice president's announcement of a plan to transfer power.
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Gold edges up, shrugs off China rates

Gold inched higher on Tuesday as equities fell, the euro picked up and flows of metal out of exchange-traded funds stabilized, although a rise in Chinese benchmark rates limited gains.

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