funds

Court cancels freezing of former Al-Ahly striker’s MB-linked assets
Egypt

Court cancels freezing of former Al-Ahly striker’s MB-linked assets

The Administrative Court canceled on Tuesday a former judicial decision to freeze the funds of Mohamed Abu Treika, a former Al-Ahly player…
Assets of 1,345 Brotherhoods confiscated: Justice Ministry
Egypt

Assets of 1,345 Brotherhoods confiscated: Justice Ministry

A panel from the Justice Ministry has, to date, frozen the assets and confiscated property belonging to 1,345 Muslim Brotherhood…
Challenge against Salah Diab’s fund seizure adjourned to Wednesday
Egypt

Challenge against Salah Diab’s fund seizure adjourned to Wednesday

The Cairo Criminal Court, headed by judge Hamed Hasanain, postponed the challenge filed against the seizure of funds from businessman…
Funds of Qaradawi, Ghoneim and Mansour confiscated
Egypt

Funds of Qaradawi, Ghoneim and Mansour confiscated

Chancellor Wadie Hanna, secretary general of the commission assessing the funds of the Muslim Brotherhood members, said that Yusuf al-Qaradawi,…
Two army personnel and 3 policemen injured, policeman killed in Sharqiya
Egypt

Two army personnel and 3 policemen injured, policeman killed in Sharqiya

An army officer and a soldier were injured with bird shots after four unidentified assailants on two motorcycles attacked them…
Mohamed El-Erian resigns from Pimco, to stay on at Allianz
Business

Mohamed El-Erian resigns from Pimco, to stay on at Allianz

Mohamed El-Erian, long seen as the heir apparent at the world's biggest bond fund manager, is stepping down from his…
Local Development Ministry to bolster financing for micro-projects
Business

Local Development Ministry to bolster financing for micro-projects

Egypt's Minister of Local Development Adel Labib said on Wednesday that the ministry will continue to hand out short-term loans…
British official: UK to apply its laws in returning smuggled Egyptian funds
Egypt

British official: UK to apply its laws in returning smuggled Egyptian funds

The UK will apply its own legal procedures to return money smuggled abroad by Mubarak regime figures, Alistair Burt, parliamentary…
Central Bank denies holding $9 billion in secret Mubarak accounts
Business

Central Bank denies holding $9 billion in secret Mubarak accounts

Egypt's Central bank denied on Thursday that ousted Egyptian President Hosni Mubarak has US$9 billion deposited there. Former deputy head…
Govt agency gave LE16.8 million to organizations run by Mubaraks
Egypt

Govt agency gave LE16.8 million to organizations run by Mubaraks

The cabinet's Social Development Fund allocated millions of Egyptian pounds to organizations run by former First Lady Suzanne Mubarak and…
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