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Sinai kidnappers free Egypt security personnel

Kidnappers on Wednesday released three Egyptian policemen and four soldiers captured last week in the Sinai peninsula, the army said. "The seven security personnel have been released by their kidnappers in Sinai," military spokesman Ahmed Aly said in a statement carried by the official MENA agency. jaz/dv

New Egypt tax law has cuts for poor, hikes rates for businesses, leaves wealthiest unchanged

CAIRO - Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy. The changes, which are more favourable than the previous tax law for the country's most vulnerable, could boost Islamists in parliamentary elections slated for later this year. The interim parliament, led by Islamist allies of President Mohammed Morsi, approved the measure last week.

U.S. says concerned with charges against Egyptian journalists

WASHINGTON (Reuters) - The United States on Monday expressed concern over defamation charges brought against two Egyptian journalists critical of President Mohamed Mursi and called on the government to condemn actions that stifle freedom of expression. Public Prosecutor Talaat Ibrahim, appointed by Mursi in November, ordered the criminal trial of Magdi El Galad, editor in chief of El-Watan newspaper, and Alaa El-Ghatrify, its managing editor, state newspaper Al-Ahram reported.

AFP 0100 GMT News Advisory

Duty Editor: James Hossack Tel: +852 2829 6211 -- TOP STORIES -- + Pakistani politician shot dead in Karachi + Ferguson ends 26-year reign at Man United + Danish singer takes home Eurovision crown Pakistan-unrest-vote,2ndlead KARACHI Gunmen kill a female Pakistani politician from cricket star Imran Khan's Movement for Justice party in the southern port city of Karachi on the eve of a partial re-run of May 11 polls that were marked by more than 150 killings. 500 words 0400 GMT

Clashes at Cairo demo calling on Morsi to resign

Demonstrators calling for Egypt's Islamist President Mohamed Morsi to resign and demanding early elections clashed with riot police in Cairo late Friday. Hundreds of people had marched on Cairo's Tahrir Square on Friday for the protest, called by a number of opposition groups. The demonstrators, most of them teenagers, threw molotov cocktails at the police who replied with volleys of tear gas cannisters, but there were no reports of casualties.

Remains of Nubian soldier who lived 1,400 years ago found in Egypt

Cairo, May 16 (EFE).- Archaeologists found the 1,400-year-old remains of a Nubian soldier in Aswan, a city in southern Egypt, Minister of State for Antiquities Ahmed Eisa said. The soldier's remains were discovered in a field that dates to the Late Roman Period and Early Middle Age near the border of Egypt and Nubia. The find shows that conflicts broke out periodically along the frontier between Egypt and Nubia, a region that covered parts of southern Egypt and northern Sudan.

Booze and bikinis are welcome in Egypt, says tourism minister

By Amena Bakr DUBAI (Reuters) - Islamist-ruled Egypt is open to visitors who drink alcohol and wear bikinis as it sets out to boost numbers by at least a fifth this year, the tourism minister said on Sunday. Tourism is a pillar of the Egyptian economy but has suffered since a popular uprising toppled President Hosni Mubarak in 2011 and set off two years of periodic rioting and instability.

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Ratings agency Standard and Poor's on Thursday downgraded Egypt's long- and short-term credit rating over the government's failure to meet the country's fiscal needs. Egypt's long-term rating was lowered to 'CCC+' from 'B-', while its short-term rating dropped to 'C' from 'B', the agency said in a statement. "The downgrade reflects our view that the Egyptian authorities have yet to put forward -- either to the Egyptian population or the international donor community -- a sustainable medium-term strategy to manage the country's fiscal and external financing needs," it said.

American stabbed outside Cairo embassy

An American was stabbed in the neck as he came out of the US embassy in central Cairo on Thursday, a security official told AFP. The American was rushed to hospital after the attack in Cairo's Garden City neighbourhood near Tahrir Square, which houses several embassies and has seen a rise in crime and unrest in recent months. Police guarding the embassy managed to arrest the assailant, described only as "an unemployed man" by the security official, who requested anonymity. The motive for the attack and the condition of the victim national remain unclear.
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