Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Social Pulse
Business Video
The Freeland File
Aerospace & Defense
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Campaign Polling
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Social Pulse
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Anatole Kaletsky
Edward Hadas
Hugo Dixon
Ian Bremmer
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Frederick Kempe
Christopher Papagianis
Mark Leonard
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Lipper Awards 2012
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Olympics
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (0)
Full Focus
Editor's choice
Our best photos from the last 24 hours. See more
Images of June
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Analysis: Scientists go beyond the polls to forecast U.S. election
6:31am EDT
Syria's Assad praises troops, keeps out of public eye
|
11:25am EDT
Wall Street flat as unusual trading roils shares
12:18pm EDT
Rule of law in China the silent victim at Bo Xilai wife's trial
3:16am EDT
Fed set to signal more easing, stop short of big steps
|
10:20am EDT
Discussed
106
Romney backs Israel if needs to strike Iran: aide says
78
Aleppo rebels say they stand firm in ”regime’s grave”
73
U.S. fears Syria preparing for massacre in Aleppo
Sponsored Links
Pictures
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Olympic best
Our top photos from the London 2012 Olympic Games. Slideshow
India in the dark
Half of India's 1.2 billion people are without power in the country's second major blackout in as many days. Slideshow
Egypt PM draws on technocrats, Islamists in new government
Tweet
Share this
Email
Print
Related News
Egypt foreign, finance ministers say to keep jobs
7:47am EDT
Egypt's Mursi frees Islamists jailed by Mubarak
Tue, Jul 31 2012
Egypt court move suspends constitution row
Mon, Jul 30 2012
In shift by Egypt, president meets Hamas leader
Thu, Jul 26 2012
In power, Egypt's Brotherhood seeks balance on Islamic law
Wed, Jul 25 2012
Analysis & Opinion
U.S. says religious freedom “tenuous” in Egypt, worse in China, Iran, Pakistan
India’s power vacuum needs to be filled
Related Topics
World »
Egypt »
Egypt's President Mohamed Mursi (R) meets with Egypt's new Prime Minster Hisham Kandil at the presidential palace in Cairo, July 25, 2012.
Credit: Reuters/Egyptian Presidency/Handout
By Tom Perry and Dina Zayed
CAIRO |
Wed Aug 1, 2012 12:25pm EDT
CAIRO (Reuters) - Egypt's prime minister has drawn on bureaucrats and Islamists for the country's first Muslim Brotherhood-led administration, disappointing those who wanted a more inclusive government able to carry forward the revolution which toppled Hosni Mubarak.
Prime Minister-designate Hisham Kandil's appointment of at least two Brotherhood politicians, including one as education minister, marked a major break with the past. But the cabinet's heavy reliance on civil servants also smacked of the Mubarak era, when government was run by technocrats.
The new cabinet should help President Mohamed Mursi assert more authority in a state where the army still has a powerful say. The choice of defense minister was one of the few portfolios not announced on Wednesday.
"We are a long way from a revolutionary government, a long way from renewing the blood at the top of the Egyptian administration," said Mustapha Kamal Al-Sayyid, a professor of political science at Cairo University.
Incumbents who kept their jobs included Finance Minister Mumtaz al-Saeed and Foreign Minister Mohamed Amr Kamel, both of them career bureaucrats. The government - replacing an interim one which took office last year - is due to be sworn in on Thursday.
The new interior minister was named as Ahmed Gamal el-Din, a career policeman similar to those who held the job under Mubarak. He pledged to confront the lawlessness of which Egyptians have complained since Mubarak was deposed. "Egypt needs security and stability," he said, after meeting Kandil.
Mostafa Mussad, a member of the Brotherhood's Freedom and Justice Party, was appointed education minister. Another Brotherhood member was appointed to run the housing ministry.
Facing a wave of criticism from non-Islamists, Kandil appeared to row back on a decision to appoint a hardline Salafi scholar as minister of religious endowments. Mohamed Ibrahim, the scholar, said this week he had been offered the job.
The new government nonetheless gives the Brotherhood, banned before the revolution which toppled Mubarak on February 11 2011, a powerful influence in Egypt.
Egyptian newspapers have said Kandil himself has close links to the Brotherhood, though he has denied it. Minister of irrigation in the outgoing cabinet, Kandil was a little-known technocrat until Mursi nominated him as prime minister.
"This is a government that serves the interests of the Brotherhood," said Refaat el-Saeed, head of the leftist Tagammu Party.
STOCK MARKET WELCOMES ANNOUNCEMENT
The ministries of investment and oil, major economic portfolios, were handed to top-level state employees.
Osama Saleh, the head of the state-owned General Authority for Investment, said he would be investment minister, and Osama Kamal, the head of the Egyptian Petrochemical Holding Co., said he had been appointed oil minister.
The stock market appeared to tentatively welcome the announcement, the main index ending 1.5 percent higher. While the cabinet did not include high-profile economy specialists hoped for by investors, some were reassured by the fact that its make-up did not mark a radical break with the past.
"The names of the ministers show that Egypt wants to send a message of stability to the business community," said Mohsen Adel, vice chairman and managing director of Pioneer Funds, a financial institution.
The incoming government faces economic problems including a looming balance of payments crisis and high state borrowing costs, factors which analysts say discouraged economists and bankers approached by Mursi from taking the post of prime minister, prolonging the wait for the new cabinet.
Some of the non-Islamists who backed Mursi's election campaign in order to prevent Mubarak's last prime minister from winning the presidency have criticized the Brotherhood for rowing back on promises of an inclusive administration.
Yet other parties had publicly stated they would not take part in the government, meaning the Brotherhood will bear the burden of failings that seem hard to avoid in a country faced with such grave economic challenges.
The government must also address issues including power cuts and lax security. "This is a testing period for a government that is likely to face quick and strong criticism immediately," said Hafez Abou Saeda, a human rights activist and lawyer.
"The new government faces a tough battle with time."
(Additional reporting by Tamim Elyan; Writing by Tom Perry; Editing by Myra MacDonald)
World
Egypt
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
AdChoices
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.