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Where is Egypt heading?

Today Egypt stands mired in a political conflict so dire and complex that the country’s future is hard to forecast. Egypt, once hailed as a beacon of democratic hope for other countries associated with the so-called Arab Spring, is more consumed with calming political infighting following the ouster of its first elected president. In an attempt to understand where Egypt is heading, political analysts offered explanations and lessons from the history of countries such as Algeria. The Daily News Egypt explores these scenarios and their feasibility for Egypt.

Sarah El Masry

Algeria: Middle East’s next revolt if football is a barometer

By James M. Dorsey Algeria is competing to be the next Arab nation to witness a popular revolt. That is assuming football is a barometer of rising discontent in a region experiencing a wave of mass protests that have already toppled the leaders of Egypt, Tunisia, Libya and Yemen and sparked civil war in Syria. …

Daily News Egypt

Algeria gas pipeline attack

The attack comes nearly a fortnight after a deadly Islamist attack on a gas plant in Algeria’s southern Sahara desert, in a hostage-taking siege that ended with the deaths of almost 40, mostly foreign, captives.

Daily News Egypt

Qandil visits Algeria for economic talks

Prime Minister Hesham Qandil arrived yesterday in Algeria for a three-day visit amidst speculative press reports over the visit’s agenda. State-owned Middle East News Agency (MENA) reported the objective of Qandil’s visit to Algeria is to hold talks with the Algerian government over solidifying economic relations and boosting mutual investment. “During his visit to Algeria …

Islam Serour

OCI net income declines in H1, positive indicators of a strong comeback

Orascom for Construction Industries’ (OCI) results showed a net decrease as at 30 June, although they project a positive outlook. This year’s first half results show that the company’s net income dropped by 42.6 percent to EGP 1.3 billion versus EGP 2.2 billion in the first half of 2011. However, this year’s quarter-to-quarter results show …

Islam Serour