Egypt: Govt forces kill 6 Muslim Brotherhood members

Agencies
September 26, 2019

Cairo, Sept 26: Egyptian security forces killed six suspected members of the now-outlawed Muslim Brotherhood in a shootout in Cairo, the Interior Ministry said Tuesday, amid tight security across the capital following rare anti-government protests over the weekend.

The six were killed in a firefight when police raided their hideout in the Cairo suburb of Sixth of October, the ministry said in a brief statement. The ministry oversees police forces.

The statement said the suspects were planning militant attacks. It did not say when the raids took place, whether police forces were wounded in the clashes with the militants, or otherwise elaborate.

Egypt branded the Muslim Brotherhood a terrorist organization in 2013 and arrested thousands of its members after the military's ouster of elected but divisive president, Mohammed Morsi, who hailed from the Muslim Brotherhood, amid mass protests against his brief rule.

Tuesday's development came days after rare anti-government demonstrations in several Egyptian cities over the weekend. The protesters called for President Abdel-Fattah Al Sissi to step down. Hundreds, including political activists, were arrested, according to rights lawyers.

Although it was calm Tuesday, security personnel were visible in Cairo's main streets and squares, especially in the city's downtown and Tahrir Square, the symbol of the 2011 pro-democracy uprising. There were calls for more protests in the coming days on social media.

The protests emerge from an online campaign led by an Egyptian businessman living in self-imposed exile who has presented himself as a whistleblower against corruption.

El-Sissi, who is in New York for the United Nations General Assembly, has dismissed the corruption allegations as "sheer lies." However, he said he would continue building new presidential residences for the good of Egypt. "I am building a new country," he said.

On Monday, US President Donald Trump voiced support to the Egyptian president, saying that Al-Sissi "has done some things that are absolutely amazing in a short period of time."

He said he was not concerned with the demonstrations against Al Sissi.

"When he took over not so long ago, it was in turmoil. And it's not in turmoil now," Trump said in a press conference along with Al-Sissi after their meeting. "Egypt has a great leader. He's highly respected. He's brought order. Before he was here, there was very little order. There was chaos. And so I'm not worried about that at all."

Al-Sissi, who has been waging a harsh crackdown on extremists, blamed "political Islam" for the protests and the turmoil in the Mideast. He stopped short of naming the Muslim Brotherhood directly.

"I want you to rest assured that, especially in Egypt, the public opinion and the people themselves are refusing this kind of political Islam in Egypt," he said. "They have demonstrated their refusal before, and they refuse those to have control on the country for only one year." Egypt is fighting an insurgency led by a local affiliate of the Islamic State group in the Sinai Peninsula as well as smaller militant groups allegedly belonging to the Brotherhood.

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News Network
January 7,2020

Tehran, Jan 7: Iranian state television says 35 people have been killed and 50 others injured in a stampede that erupted at a funeral procession for a general slain in a US airstrike.

The TV says the stampede erupted in Kerman, the hometown of Gen. Qassem Soleimani where the procession was underway on Tuesday.

A procession in Tehran on Monday drew over 1 million people in the Iranian capital, crowding both main thoroughfares and side streets in Tehran.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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News Network
February 18,2020

New Delhi, Feb 18: A Delhi court today sent Sharjeel Imam, who has been named as an "instigator" by the Delhi Police in its chargesheet on violent protests against the amended citizenship act at New Friends Colony near Jamia in Delhi last year, to judicial custody till March 3.

Sharjeel Imam was arrested on sedition charges last month.

The Delhi Police has filed a chargesheet before Chief Metropolitan Magistrate Gurmohina Kaur, naming Sharjeel Imam as an instigator of the violence.

It said it has attached CCTV footage, call detail records and statements of over 100 witnesses as evidence in the chargesheet.

The court had on Monday sent Sharjeel Imam to one-day custody of Delhi Police in the case.

Protestors had torched four public buses and two police vehicles as they clashed with police in New Friends Colony near Jamia Millia Islamia in Delhi during the demonstration against the CAA on December 15, leaving nearly 60 people including students, cops and fire fighters injured.

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