Clashes return to streets of Cairo in another blow for Egypt

July 16, 2013

Cairo_clashesCairo, Jul 16: Egyptian police and protesters clashed in central Cairo early on Tuesday after fights broke out between supporters of ousted Islamist President Mohamed Morsi and locals angered when they tried to block major thoroughfares crossing the River Nile.

The MENA state news agency said at least 22 people were injured in the violence, which began just after 9pm (1900 GMT) on Monday and lasted into the early hours of Tuesday.

The clashes were smaller and more localised than the earlier deadly unrest since Morsi was deposed by the military on July 3, and most of Cairo was unaffected.

Still, after a week of relative calm, scenes of running street battles close to the Egyptian Museum, one of the country's main tourist attractions, may raise further concerns about stability in the Arab world's most populous country.

"I've had enough of this chaos," said Ashraf Mohamed, who watched the clashes from a distance. "Egypt is just rubbish."

Young men, their mouths covered to protect them from tear gas, threw stones at police and shouted pro-Morsi and anti-military slogans, as well as "Allahu Akbar!" (God is greatest).

Military helicopters hovered overhead and police vans were brought in to quell the trouble, but when that didn't work, dozens of riot police moved in. Medics treated men with deep gashes to their eyes and faces nearby.

Mohamed's frustration echoed the view of millions of Egyptians who rallied for Morsi's resignation on June 30. The military said it deposed him to fulfil the wish of the people. Morsi's Muslim Brotherhood movement said it was a coup.

"It's the army against the people, these are our soldiers, we have no weapons," said Alaa el-Din, a 34-year-old computer engineer, clutching a laptop.

"The army is killing our brothers, you are meant to defend me and you are attacking me. The army turned against the Egyptian people."

Egypt has become increasingly polarised by the crisis, but one thing the two sides share is a deep mistrust of the United States and its perceived role in the unrest.

Burns spurned?

US deputy secretary of state William Burns told reporters in Cairo that Washington had no desire to meddle in Egypt, which it supports with $1.5 billion in aid each year, most of which goes to the military.

"Only Egyptians can determine their future," Burns told reporters at the US embassy. "I did not come with American solutions. Nor did I come to lecture anyone. We will not try to impose our model on Egypt."

Washington, never comfortable with the rise of the Islamist Brotherhood, has so far refused to say whether it views Morsi's removal as a coup, which would require it to halt aid.

The Islamist Nour Party and the Tamarud anti-Morsi protest movement both said they turned down invitations to meet Burns.

But a senior State Department official denied Burns had been shunned. "I don't think we're losing influence at all," the US official said, adding that Burns was still in Cairo.

"I don't know what meetings he has, but he has seen a range of people in Cairo in the interim government, in civil society ... so it's hard to say he has been spurned by both sides. I don't accept that is the case."

Marches in Cairo and beyond

Tens of thousands of Brotherhood supporters gathered late on Monday at the Rabaa Adawiya mosque in northeastern Cairo, where they have staged a sit-in vigil for the last three weeks vowing to stay until Morsi is reinstated.

Another large crowd rallied outside Cairo University, and there were protests in the coastal city of Alexandria and the Nile city of Assiut. There also were minor clashes in Giza, home of the pyramids, just outside Cairo.

The army warned demonstrators that it would respond with "the utmost severity and firmness and force" if they approached military bases or "vital state institutes."

At least 92 people were killed in the days after Morsi was toppled, more than half of them shot by troops outside the Republican Guard compound near the Rabaa mosque on July 8. Protests since then had been tense but peaceful until Monday night.

The political turmoil and unrest in major cities has also fuelled violence in Egypt's lawless North Sinai province bordering Israel and the Palestinian Gaza Strip.

Attacks in the area have killed 13 people, mainly police, since July 3. In the latest, suspected Islamist militants fired grenades at a bus carrying workers from a factory in the Sinai city of El Arish on Monday, killing three and wounding 17.

US calls for restraint

Morsi is being held incommunicado at an undisclosed location. He has not been charged with a crime but the authorities say they are investigating him over complaints of inciting violence, spying and wrecking the economy. Scores of Morsi supporters were rounded up after violence last week.

Many of the top Brotherhood figures have been charged with inciting violence, but have not been arrested and are still at large. The public prosecutors' office announced new charges against seven Brotherhood and Islamist leaders on Monday.

Burns had earlier called for restraint on both sides.

"If representatives of some of the largest parties in Egypt are detained or excluded, how are dialogue and participation possible?" he asked. He also urged those opposed to Morsi's ouster to participate in the political process peacefully.

Interim President Adli Mansour and his prime minister Hazem el-Beblawi head a transitional cabinet full of technocrats that is paving the way for parliamentary elections in around six months, in a bid to restore civilian rule.

US-educated economist Ahmed Galal, as finance minister, has the task of rescuing an economy and state finances wrecked by two and a half years of turmoil.

That task became easier, at least in the short term, after Saudi Arabia, the United Arab Emirates and Kuwait - rich Gulf Arab states happy at the downfall of the Brotherhood - promised a total of $12 billion in cash, loans and fuel.

The new planning minister, Ashraf al-Arabi, said the Arab money would be enough to sustain Egypt through its transition period and it did not need to restart talks with the International Monetary Fund.

Egypt had sought $4.8 billion in IMF aid last year, but months of talks ran aground with the government unable to agree on cuts in unaffordable subsidies for food and fuel. Arabi's comments could worry investors who want the IMF to prod reform.

"I think it's inappropriate to be making such a strong statement, given how new he is to the position," said Angus Blair, president of the Signet Institute, an economic think tank.

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Agencies
May 22,2020

Riyadh, May 22: The family of murdered Saudi journalist Jamal Khashoggi on Friday said that they forgave his killers. Washington Post journalist Jamal Khashoggi, who had written columns critical of Saudi Arabia, was brutally killed in October 2018, allegedly at the behest of Crown Prince Mohammad bin Salman.

“In this blessed night of the blessed month [of Ramadan] we remember God’s saying: If a person forgives and makes reconciliation, his reward is due from Allah,” Jamal Khashoggi’s son Salah Khashoggi said in a tweet. “Therefore, we the sons of the Martyr Jamal Khashoggi announce that we pardon those who killed our father, seeking reward [from] God almighty.”

The legal outcome of this announcement is not yet clear. Earlier, Salah Khashoggi said he had “full confidence” in the judicial system, and that the accused were trying to exploit the case.

Jamal Khashoggi’s body was said to have been dismembered inside the Saudi consulate in Istanbul and disposed of elsewhere, but his remains were never found.

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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Agencies
July 19,2020

Occupied Jerusalem, Jul 19: Israeli Prime Minister Benjamin Netanyahu’s corruption trial resumed on Sunday.

Netanyahu is charged with fraud, breach of trust and accepting bribes in a series of scandals in which he is alleged to have received lavish gifts from billionaire friends and exchanged regulatory favors with media moguls for more agreeable coverage of himself and his family.

Netanyahu denies wrongdoing, painting the accusations as a media-orchestrated witchhunt pursued by a biased law enforcement system.

The trial opened in May. Just before appearing in front of the judges, Netanyahu took to a podium inside the courthouse and flanked by his party members bashed the country’s legal institutions in an angry tirade.

Netanyahu was not expected to appear at Sunday’s hearing, which is taking place at an occupied Jerusalem court and is mostly a procedural deliberation.

The trial resumes as Netanyahu faces widespread anger over his government’s handling of the coronavirus crisis.

While the country appeared to have tamped down a first wave of infections, what’s emerged as a hasty and erratic reopening sent infections soaring. Yet even amid the rise in new cases Netanyahu and his emergency government — formed with the goal of dealing with the crisis — appeared to neglect the numbers and moved forward with other policy priorities and its reopening plans.

It has since paused them and even re-impose restrictions, including a weekend only lockdown set to begin later this week.

Netanyahu’s government has been criticized for a baffling, halting response to the new wave, which has seen daily cases rise to nearly 2,000. It has been slammed for its handling of the economic fallout of the crisis.

His trial thus comes at inopportune timing. Netanyahu had hoped to ride on the goodwill he gained from overcoming the first wave of infections going into his corruption trial, but the increasingly souring mood has affected his approval rating and may deny him the public backing he had hoped for. The anger has sparked protests over the past few weeks that have culminated in violent clashes with police.

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