EGYPT

Who is Omar Suleiman?

The man named as the new vice-president of Egypt and now likely successor to President Hosni Mubarak is a long-time trusted associate of Mubarak

Jobs, inflation and Egypt

Fundamentals and nasty surprises are on investors minds heading into February, with big tests in the coming week about jobs and inflation and increasing worries over Egypt and its region.
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Mubarak flees to Sharm as riots engulf Cairo

Egyptian President Hosni Mubarak may have fled to his home in Sharm el-Sheikh on Saturday as flames and riots engulfed the capital city of Cairo, according to various world media reports.

Egyptian protesters ransack Cairo museum, smash mummies

The mass anti-government protests in Egypt took a toll on Cairo’s Egyptian Museum that houses the world's largest collection of Pharaoh-era antiquities, when protesters shattered heads of two mummies and damaged about ten small artifacts on Saturday.

Death toll in Egypt grows amid violent clashes

The death toll in Egypt rose by as much as over 100 by Saturday, as anti-government protests extended for the fifth day in an attempt to pressure President Hosni Mubarak to step down.
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Is Mubarak hiding in Sharm-el-Sheikh?

Egyptian laborers who toil in the popular resort of Sharm-el-Sheikh believe that their president Hosni Mubarak is hiding there after having escaped angry rioters in the capital Cairo.

White House Huddles on Egypt

President Barack Obama and an 11-person team met in the White House on Saturday to discuss the situation in Egypt as he called again for non-violence, restraint, support for rights and political reform in the country.

Civil unrest spreads to Jordan

Islamists and trade unions have protested in front of the Egyptian embassy in Amman, Jordan, expressing solidarity with anti-government demonstrators in Egypt and demanding the removal of President Hosni Mubarak.
Central Bank of Egypt

Egypt banks will not open on Sunday-central bank

Egypt's banks will be shut on Sunday, the first day of the business week, the deputy central bank governor said, a move analysts said could spook investors looking to trade after unprecedented countrywide protests.

Mubarak appoints VP as protests rage

The embattled president of Egypt Hosni Mubarak has promoted his chief of intelligence, Omar Suleiman, to the vice presidency as anti-government protests continue to defy a curfew and demonstrate on the streets.
New Royal Decree Gives Saudi Women Political Rights

Saudi king expresses support for Mubarak

Saudi Arabia’s state news agency reported that King Abdullah bin Abdulaziz al-Saud criticized the protestors (claiming they are instigated by infiltrators) and strongly backed Mubarak

Egypt protests curb travel to Cairo

With the exception of popular tourist resorts by the Red Sea, Pyramids of Giza and the Great Sphinx, nations issue travel alerts to avoid visiting Cairo and other Egyptian cities.

Column: Mubarak like Don Corleone

Like Don Corleone, Mubarak exudes an air of imperious placidity and cooperation (while commanding a fearsome army of killers and enforcers behind him). Also, like the godfather, he seems committed to having his son Gamal succeed him when he dies.

Mubarak says Egypt in 'defining moment,' will appoint new cabinet

President of Egypt Hosni Mubarak appeared on television late Friday for the first time since riots began in Cairo, saying in a televised address that the country was in a “defining moment” and that he had requested that his cabinet resign so a new one can be designated tomorrow.

Gold rises 2 percent as Egypt sparks safe-haven buying

Gold surged 2 percent on Friday, gaining as much as $40 per ounce in a knee-jerk rally as fears that unrest in Egypt would spread across the Middle East prompted safe-haven buying. It's the largest one-day gain in nearly two months.

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