Swiss to unfreeze $430M as Egypt money laundering probe ends
Switzerland Egypt Money Laundering FILE - Egyptian President Hosni Mubarak attends a meeting with Emirates foreign minister at the Presidential palace in Cairo, Egypt, Tuesday, Feb. 8, 2011. Swiss prosecutors are concluding without any charges a decade-long investigation into alleged money laundering and organized crime linked to late former President Hosni Mubarak’s circles in Egypt, and will release some 400 million Swiss francs ($430 million) frozen in Swiss banks. (AP Photo/Amr Nabil, File) (Amr Nabil)GENEVA — (AP) — Swiss prosecutors are concluding without any charges a decade-long investigation into alleged money laundering and organized crime linked to late former President Hosni Mubarak’s circles in Egypt, and will release some 400 million Swiss francs ($430 million) frozen in Swiss banks. The final part of the Swiss investigation centered on five people, it said, without identifying them. Swiss authorities have touted a recent crackdown against money laundering through Swiss banks, but advocacy groups and watchdogs say the effort has not succeeded in completely ending such activities.
wftv.comSwiss to unfreeze $430M as Egypt money laundering probe ends
Swiss prosecutors are concluding without any charges a decade-long investigation into alleged money laundering and organized crime linked to late former President Hosni Mubarak’s circles in Egypt and will release some 400 million Swiss francs ($430 million) frozen in Swiss banks
washingtonpost.comSwiss to unfreeze $430M as Egypt money laundering probe ends
Swiss prosecutors are concluding without any charges a decade-long investigation into alleged money laundering and organized crime linked to late former President Hosni Mubarak’s circles in Egypt and will release some 400 million Swiss francs ($430 million) frozen in Swiss banks.
Egypt court upholds life sentence for 10 Islamists
Egypt's highest appeals court upheld on Sunday the sentencing of ten leaders of Egypt’s outlawed Muslim Brotherhood, including the group's head, to life imprisonment, the state-owned MENA news agency reported. In 2019, a Cairo criminal court found all ten, including the group's Supreme Guide Mohamed Badie, guilty of charges related to killing policemen and organizing mass jail breaks during Egypt's 2011 uprising.
news.yahoo.comEgypt: Archaeologists unearth ancient beer factory in Abydos
The basins were part of what could be the oldest known beer factory unearthed in Abydos, an ancient burial ground dating back to the region of King Narmer, the last king of the Predynastic Period (6000 - 3150 B.C. (Egyptian Antiquities Ministry via AP)CAIRO – American and Egyptian archaeologists have unearthed what could be the oldest known beer factory at one of the most prominent archaeological sites of ancient Egypt, a top antiquities official said Saturday. Each unit includes some 40 pottery basins in two rows, which had been used to heat up a mixture of grains and water to produce beer, Waziri said. AdAdams said the factory was apparently built in this area to provide royal rituals with beer, given that archaeologists found evidences showing the use of beer in sacrificial rites of ancient Egyptians. With its vast cemeteries and temples from the earliest times of ancient Egypt, Abydos was known for monuments honoring Osiris, ancient Egypt’s god of underworld and the deity responsible for judging souls in the afterlife.
Tahrir Square 10 years later: What happened to Egypt's revolution?
Cairo — Exactly 10 years ago tens of thousands of Egyptians packed into Cairo's Tahrir Square to demand change. Many believed the square in the heart of the capital was not just a symbol, but a tool; Tahrir Square will be always there, they thought. Celebrations are seen off Tahrir Square in downtown Cairo, Egypt, February 11, 2011, following the resignation - under huge popular pressure - of President Hosni Mubarak after 30 years of rule. A majority of Egyptians grew tired of protests, strikes, unrest, chaos and the dire economic situation — tired of the revolution. Egyptians who once stood together in solidarity on Tahrir Square turned on one another, in many instances along sectarian and political lines, and there were violent clashes in the streets.
cbsnews.comFinal goodbye: Recalling influential people who died in 2020
The world also said goodbye to U.S. Rep. John Lewis, a lion of the civil rights movement who died in July. Other former political figures who died this year include Egyptian leader Hosni Mubarak, New York Mayor David Dinkins, Arizona Gov. Here is a roll call of some influential figures who died in 2020 (cause of death cited for younger people, if available):___JANUARY___David Stern, 77. The guitarist who supplied the scratching, seething sound that fueled the highly influential British punk band Gang of Four. He fused African rhythms with funk to become one of the most influential musicians in world dance music.
Egypt unveils ancient coffins, statues found in Saqqara
Journalists gather around an ancient sarcophagus more than 2500 years old, discovered in a vast necropolis and Mostafa Waziri, the secretary-general of the Supreme Council of Antiquities, center, in Saqqara, Giza, Egypt, Saturday, Nov. 14, 2020. Egyptian antiquities officials on Saturday announced the discovery of at least 100 ancient coffins, some with mummies inside, and around 40 gilded statues south of Cairo. (AP Photo/Nariman El-Mofty)CAIRO – Egyptian antiquities officials on Saturday announced the discovery of at least 100 ancient coffins, some with mummies inside, and around 40 gilded statues in a vast Pharaonic necropolis south of Cairo. He said they would announce another discovery at the Saqqara necropolis later this year. The discovery at the famed necropolis is the latest in a series of archaeological finds in Egypt.
Archaeologists unearth 27 coffins at Egypt's Saqqara pyramid
This Sept. 2020 photo provided by the Ministry of Tourism and Antiquities shows one of more than two dozen ancient coffins unearthed near the famed Step Pyramid of Djoser in Saqqara, south of Cairo, Egypt. (Ministry of Tourism and Antiquities via AP)CAIRO – Egyptian archaeologists have unearthed more than two dozen ancient coffins in a vast necropolis south of Cairo, an official said Monday. The Saqqara plateau hosted at least 11 pyramids, including the Step Pyramid, along with hundreds of tombs of ancient officials, ranging from the 1st Dynasty (2920 B.C.-2770 B.C.) In recent years, Egypt has heavily promoted new archaeological finds to international media and diplomats in an effort to revive its key tourism sector by attracting more tourists to the country. In October 2019, archaeologists unearthed 30 ancient wooden coffins with inscriptions and paintings in the southern city of Luxor.
New Egyptian protests hark back to days of mass demonstrations
The smell of tear gas over the weekend brought a tear to the eye of 27-year-old Cairo resident Mohamed Maged. The protests that began Friday were small but took many by surprise because demonstrations have been all but outlawed since Sisis ascension. AdvertisementI was so shocked people actually went out and protested on Friday, said one 30-year-old Egyptian journalist who spoke on condition on anonymity. For the record, no one thought that the protests would spread like this on Friday, wrote well-known blogger Zeinobia. Fattah was arrested in late 2013 for allegedly encouraging protests outside the Egyptian parliament over a new constitution.
latimes.comEgypt's two-day presidential election begins
Egypt's two-day presidential election begins Egypt has seen three years of turmoil since the ouster of Hosni Mubarak. Clarissa Ward reports the country’s favored candidate is Abdul Fatah al-Sisi, the former defense minister who deposed Egypt’s first democratically elected president last summer.
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