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Posts Tagged ‘Hosni Mubarak’



Mubarak Faces Corruption Probe Of Years Of Selling Gas To Israel At Sub-Market Rates

Business Insider- Gus Lubin

March 4, 2011 – 9:19 AM

Hosni Mubarak and his former oil minister are being investigated for exporting artificially cheap gas to Israel and six European countries, according to Al Masr Al Youm.

Egypt’s new authorities say these deals cost the country $170 million over the past five years. Chief prosecutor Magid Mahmud claims deals with Israel cost as much as $500 million, according to DEBKA.

Israel signed a 15-year contract worth 1 trillion cubic feet of natural gas in 2005, following up the big contract signed in 1979 after the Camp David Accords.

Gas exports from Egypt to Israel were supposed to resume this weekend, after being shut down since the pipeline was sabotaged in early February. That probably won’t happen now. This represents a big worry for Israel, which relies on Egypt for nearly all of its gas supply.

SOURCE

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Obama welcomes Egypt transition

By BEN FELLER
AP White House Correspondent

Feb 11, 3:35 PM EST

WASHINGTON (AP) — President Barack Obama on Friday welcomed the peaceful transition of power in Egypt with the resignation of longtime President Hosni Mubarak. “The people of Egypt have spoken. Their voices have been heard. And Egypt will never be the same,” he declared.

In brief remarks in the Grand Foyer of the White House, the president noted that it was “not the end of Egypt’s transition, it’s a beginning.” He said that many important questions remain to be resolved and difficult times lie ahead.

“I’m confident the people of Egypt can find the answers,” Obama said. He spoke hours after Mubarak stepped aside, turning authority over to the military. It was a turnaround from the night before, when the Egyptian leader defiantly refused to give up his title.

Said Obama: “Egyptians have inspired us, and they’ve done so by putting the lie to the idea that justice is best gained by violence.”

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Obama: The people of Egypt have spoken

FP- Posted By Josh Rogin Friday, February 11, 2011 – 4:15 PM

Here is the full text of President Obama‘s Friday remarks on the resignation of Egyptian President Hosni Mubarak:

>>>FULL TEXT HERE<<<

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Mubarak Steps Down, Ceding Power to Military

New York Times- By DAVID D. KIRKPATRICK, ANTHONY SHADID and ALAN COWELL
Published: February 11, 2011

CAIRO — President Hosni Mubarak of Egypt turned over all power to the military, and left the Egyptian capital for his resort home in Sharm el-Sheik, Vice President Omar Suleiman announced on state television on Friday.

The announcement, delivered during evening prayers in Cairo, set off a frenzy of celebration, with protesters shouting “Egypt is free!”

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Egypt unrest: Mubarak’s speech leaves nation, world wondering who’s in charge

CNN-  February 10th, 2011   06:08 PM ET

The latest developments, as confirmed by CNN, on the uprising in Egypt. Throngs of demonstrators have taken to the streets of Egypt’s major cities to demand an end to President Hosni Mubarak’s 30-year rule, prompting the government to deploy the military to deal with civil unrest for the first time in a generation. Check out our full coverage and the latest tweets from CNN correspondents on the ground.

[Update 1:08 a.m. in Cairo, 6:08 p.m. ET] Tweet from opposition leader Mohamed ElBaradei: Egypt will explode. Army must save the country now.

In an interview with CNN’s Wolf Blitzer, ElBaradei said it’s unclear whose side the Army is on. As for Suleiman taking control of the presidency?
“Suleiman, Mubarak ‘are twins’ – neither is acceptable to the people.”

[Update 1:00 a.m. in Cairo, 6:00 p.m. ET] Parliamentary speaker Ahmed Fathi Srour tells Nile TV that President Hosni Mubarak’s move puts the authority for the day-to-day running of the government in Vice President Omar Suleiman’s hands. That would include oversight of the police, the Interior Ministry and other key agencies, control of economic policy and running any negotiations with the opposition. Srour echoed Mubarak’s statement in adding that the constitution specifically prohibits the president from delegating other key powers to the vice president. As a result, power to dismiss parliament or dismiss the government and the power to ask for amendments to the constitution remain in Mubarak’s hands, not Suleiman’s.

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Mubarak To Resign? Egypt’s President Will Reportedly Hand Over Power

AP via HuffPost

First Posted: 02/10/11 10:40 AM Updated: 02/10/11 11:31 AM

CAIRO (AP) – Egypt’s military announced on national television that it has stepped in to “safeguard the country” on Thursday and assured protesters that President Hosni Mubarak will meet their demands in the strongest indication yet that Egypt’s longtime leader has lost power. In Washington, the CIA chief said there was a “strong likelihood” Mubarak will step down Thursday.

The dramatic announcement showed that the military was taking control after 17 days of protests demanding Mubarak’s immediate ouster spiraled out of control.

Gen. Hassan al-Roueini, military commander for the Cairo area, told thousands of protesters in central Tahrir Square, “All your demands will be met today.” Some in the crowd held up their hands in V-for-victory signs, shouting “the people want the end of the regime” and “Allahu akbar,” or “God is great,” a victory cry used by secular and religious people alike.

The military’s supreme council was meeting Thursday, without the commander in chief Mubarak, and announced on state TV its “support of the legitimate demands of the people.” A spokesman read a statement that the council was in permanent session to explore “what measures and arrangements could be made to safeguard the nation, its achievements and the ambitions of its great people.”
The statement was labeled “communique number 1,” a phrasing that suggests a military coup.

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Egypt Ruling Party Leadership Resigns; Obama Backs Gradual Transition

AP/The Huffington Post Posted: 02/ 5/11 11:39 AM

CAIRO – State TV says the top leadership body of Egypt’s ruling party, including the president’s son Gamal Mubarak and the party secretary-general Safwat el-Sharif, resigned Saturday in a new gesture apparently aimed at convincing anti-government protesters that the regime is serious about reform.

Protesters have shrugged off other concessions by the regime in the past 12 days of unprecedented street demonstrations, saying they will settle for nothing less than the immediate ouster of President Hosni Mubarak, Egypt’s ruler for nearly 30 years.

State TV said the ruling party’s six-member Steering Committee of the General Secretariat stepped down and was replaced. The council was the party’s highest decision-making body, and el-Sharif and other outgoing members were some of the most powerful — and to many Egyptians, unpopular — political figures in the regime.

El-Sharif was replaced by Hossam Badrawi, a party figure who had been sidelined within its ranks in recent years because of his sharp criticisms of some policies.

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President Prays for Peace in the Mideast

The Caucus – The Politics and Government blog of The New York Times
By- HELENE C. COOPER
February 3, 2011, 12:06 pm

WASHINGTON — President Obama, in wide-ranging remarks at the National Prayer Breakfast, said Thursday that he was praying for the violence in the Middle East to end, and separately called on the country to move beyond polarizing debate to remember that few people are right all of the time.

Mr. Obama told an audience of lawmakers, religious leaders and heads of state (from Equatorial Guinea and Macedonia) that in the middle of strife, it is important to “go back to the Scriptures to remind ourselves that none of us have the answer.”

Mr. Obama spoke for around 15 minutes about his upbringing, which he said was not religious. His father, he recounted, was a “nonbeliever,” and he said his mom, “whose parents were Baptists and Methodists, grew up with a certain skepticism.”

“She only took me to church at Easter and Christmas … sometimes,” Mr. Obama said.

Still, Mr. Obama said his mother “nagged me consistently about the homespun values of her Kansas upbringing,” and credited her with helping him to “understand the equal worth of all men and all women.”

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