Tag Archives: President of EgyptPresident of Egypt

Switzerland freezes Mubarak assets

Cairo – Switzerland has frozen whatever assets Hosni Mubarak and his associates may have there, and anti-corruption campaigners are demanding the same of other countries. But experts say hunting for the deposed Egyptian leader’s purported hidden wealth – let alone … read more »

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Egypt power transfer to VP in negotiation: official

Egypt’s President Hosni Mubarak is still in negotiation on whether to hand his powers to Vice President Omar Suleiman, an official said, after unprecedented nationwide protests demanded an end to Mubarak’s 30-year-rule. Asked if the president would hand powers to … read more »

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‘Mubarak world’s richest’

Egyptian President Hosni Mubarak is likely the richest man in the world with an estimated fortune worth about 70 billion dollars. According to the Guardian, Mubarak has money stashed in several Swiss and other foreign bank accounts, and has shadowy … read more »

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Opposition insists on Mubarak ouster

Cairo – Egyptian President Hosni Mubarak came under fresh pressure Monday to quit immediately as opponents posing the biggest challenge to his 30-year rule said concessions made in landmark talks were insufficient. As the uprising entered a 14th day, central … read more »

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Top leadership in President Mubarak’s party resigns

The top leadership of Egypt’s ruling party, including President Hosni Mubarak’s son, resigned en masse to be replaced by politicians with liberal reputations. Top leadership in President Mubarak’s party resigns The top leadership of Egypt’s ruling National Democratic Party, including … read more »

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Mubarak’s net worth estimated at USD 40 to 70 billion: report

Egypt’s embattled President Hosni Mubarak’s and his family’s net worth is estimated to be between U.S. dollars 40 and 70 billion, a media report said. The wealth of the Egypt’s first family was built largely from military contracts during his … read more »

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Pride and Expectation in Tahrir Square

Cairo is on the streets, its usual traffic jams replaced by streams of people gravitating towards the central Tahrir Square. The army make sporadic attempts throughout the day to block the roads leading up to it and state radio broadcasts … read more »

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Egypt set for ‘Mubarak Day of Departure’

Protesters in the Egyptian capital Cairo are preparing to stage a “Day of Departure” for President Hosni Mubarak. Organisers are calling for tens of thousands of people to gather in Tahrir Square, where days of unrest have left at least … read more »

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Egypt revolution sympathizers beaten in Syria: HRW

Human Rights Watch said on Thursday that Syrian authorities failed to intervene as 15 people who tried to hold a candle vigil in support of the Egyptian revolution were beaten in Old Damascus. The New York based group quoted activists … read more »

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U.S. in talks over possible Mubarak departure

U.S. officials said on Thursday they were discussing with Egyptians different scenarios for a transition of power, including one in which President Hosni Mubarak leaves office immediately. “That’s one scenario,” said a senior Obama administration official who spoke on condition … read more »

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