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Investment and finance ministers should switch positions

By Naguib Sawiris Many people, including traders, believe that the stock market is a place for venture and quick profit, not knowing that its real goal is to present investments for investment funds and individuals, both locally and globally in companies’ capitalthrough this mechanism that allows investments by buying and selling shares on desiring to …

Daily News Egypt

Egypt court clears tycoon of Islam insult

By Samer Al-Atrush /AFP CAIRO: A Cairo court on Saturday dismissed a complaint against Christian tycoon Naguib Sawiris accused of insulting Islam with a cartoon of Mickey Mouse and Minnie Mouse in conservative Muslim garb, Egypt’s state media reported. Hardline Islamist lawyer and MP Mamdouh Ismail, who filed the complaint against the head of Orascom …


Court throws out case against tycoon Sawiris

By Agencies CAIRO: An Egyptian court on Tuesday threw out a case brought against telecoms tycoon and liberal politician Naguib Sawiris by a group of lawyers who accused him of showing contempt for religion, saying the plaintiffs had no legal standing in the case. The lawyers had brought the case against Sawiris, a prominent figure in …