Saturday, 5 February 2011

FT.com - Business calls for unity alliance

A group of prominent Egyptians, including businessmen, writers and legal experts, have presented a series of proposals to the government in an effort to resolve the political crisis.

Naguib Sawiris, the billionaire chairman of Orascom Telecom and a member of the group, told the Financial Times that the proposals, published in news­papers and on Facebook, included more powers being devolved to Omar Suleiman, the new vice-president, the dissolution of parliament and the creation of a government of national unity composed of opposition figures and ­technocrats.

But the group believed Hosni Mubarak, the president, should remain as head of state until elections scheduled for August or September to preserve “his pride and the pride of Egyptians” and reduce the risk of the country suffering further chaos, Mr Sawiris said.

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