EGYPT

Mobile payment startup builds buzz through causes

Xipwire co-founders
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.
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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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Google executive released in Egypt

Google Inc executive Wael Ghonim, who was released in Cairo on Monday, said he was kept blindfolded for two weeks while being detained by Egyptian state security.
Anti-government protesters embrace Egyptian actor Ahmed Helmy as he visits demonstrations inside Tahrir Square in Cairo

Egypt government hikes state workers pay by 15%

The government of Egypt – which remains the target of continued violence from protesters seeking to remove the regime’s head, President Hosni Mubarak, has approved a 15 percent pay hike for government employees – no doubt to appease the concerns of its base of support.
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Google executive Ghonim released in Egypt: report

A Google Inc executive who had gone missing in Egypt was released on Monday and was on his way to Tahrir Square, the center of two weeks of anti-government demonstrations, Al Arabiya television reported.

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