Egyptian President Mohamed Mursi increased the influence of his Muslim Brotherhood over government in a reshuffle that replaced two ministers involved in crucial talks with the International Monetary Fund over a $4.8 billion loan.
Egyptian President Mohamed Mursi said on Saturday he planned to reshuffle his cabinet in a move that could help build political consensus around a $4.8 billion loan Cairo is seeking from the International Monetary Fund.
Egyptian President Mohamed Mursi referred a law allowing the state to issue Islamic bonds to a panel of top Muslim scholars on Sunday, state media said, a step that could complicate the government's plans to pass the legislation.
Egypt's main opposition alliance denied on Monday that it was demanding the overthrow of President Mohamed Mursi, backing away from an earlier statement that appeared to do just that.
Police and protesters clashed in the Nile
Egypt's main opposition coalition rejected on Sunday Islamist President Mohamed Mursi's plan for a constitutional referendum this week, saying it risked dragging the country into "violent confrontation".