Sukuk law in Egypt opens the door for privatisation
Egypt’s parliament approved, on Monday, the bill of the sovereign sukuk proposed by the government. Sukuk are bonds offered by the government for creditors to finance the public services. Such bonds are guaranteed by the state assets. The new law…
Human rights groups demand Sisi abort death sentences against Muslim Brotherhood members
Human rights organisations called on Abdel Fattah Al-Sisi to use his presidential advantage to stop death sentences against 12 Muslim Brotherhood activists. Two weeks ago, Egypt’s Court of Cassation sentenced 12 MB activists, including eminent politician Mohamed Beltagy, to death…
Egypt receives a $4 million loan from the World Bank to finance universal medical insurance
Egypt’s parliament approved a governmental deal with the World Bank to receive a $400 million loan in order to finance the first phase of the new universal medical insurance system in Egypt. The universal medial insurance is a system launched…
2 Egyptian soldiers killed in explosive attack
Two Egyptian soldiers have been killed and several others injured in an explosive attack by ISIS-affiliated Wilayet Sinai. The explosive device blew up a military convoy of Egyptian commandos in Bir al-Abd, where ISIS is active. An ambulance transferred the…
Liquidation of EG-GATE reveals corruption of Tahya Masr Fund
In a small box, not larger than 20 cm2, in one the Egyptian newspapers, the legal liquidator Abany Partners notifies clients that EG-GATE is under liquidation. The liquidator demands all clients of the Egyptian company to communicate with him within…
Ethiopian General: “Ready for military confrontation and Egypt cannot demolish the Renaissance Dam”
Ethiopian General Puta Pachata Debely, director of Ethiopian military engineering administration, declared that Ethiopia does not seek a military solution for the crisis of the Grand Ethiopian Renaissance Dam, but it is ready for such scenario. Debely added in a…
1000 days since his disappearance: Human rights Organizations demands disclosure of Moustafa Al-Naggar’s fate
14 Egyptian and international human rights organizations demanded the Egyptian authorities to reveal the fate of eminent Egyptian politician Moustafa al-Naggar and immediately disclose any information about his current place. The organizations expressed in a joint statement concerns over the…
8 leading human rights organisations: ‘Sisi is presiding over Egypt’s worst human rights crisis’
Eight human rights organisations demanded, on Wednesday, that the US administration investigate the Egyptian regime’s complicity in the murder of Saudi journalist Jamal Khashoggi. “The Biden administration and the US Congress should examine whether Egyptian authorities did play a role…
Land belonging to Egyptian Iron and Steel Co to be sold off to pay EGP 9 bn worth of debts
The New Urban Communities Authority is preparing to plan and zone the land belonging to the Egyptian Iron and Steel Co., the Egyptian state-owned industrial giant that the government decided to liquidate in January. The land is about 1,364 acres….
Ramy Shaath: Two years in prison for ‘disturbing relations with Israel’
Ramy Shaath, the Egyptian-Palestinian activist and coordinator of the BDS movement in Egypt, is close to completing his second year in detention in Egyptian prisons without trial. His official charge is “participating in a terrorist group in achieving its goals…
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