Month: April 2022

EU supports Egypt with 100 million euros to confront the rise in food prices

The head of the European Union delegation in Egypt, Christian Berger, announced the union’s intention to provide 100 million euros to support Egypt to confront the global rise in food prices. Egypt had requested European support to face the negative…

Rights groups call upon IMF to condition social protection priority and detainees’ release in Egypt

Seven human rights groups called upon the International Monetary Fund (IMF) to ensure that any new loan program for Egypt expands social protection, enhances the independence of the judiciary and tackles corruption. They also noted the importance of economic transparency,…

Egypt: Another increase in medicine prices is expected

Sameh Nabil, a member of the Pharmacists’ Division, said that pharmaceutical companies are pressuring the Medicines Authority to agree to new increases in drug prices. Nabil expected that drug prices would witness new increases in the coming period, pointing out…

Egypt’s foreign exchange reserves lose $3.9 billion

The Central Bank of Egypt has issued a statement announcing a decline in foreign exchange reserves by about four billion dollars in one month. It decreased from 40.994 billion dollars at the end of February to 37.082 billion dollars at…

Abdel Mohsen Fouad and Ahmed Amr: Two Egyptian detainees pass away in prison

Egyptian human rights organizations revealed the death of detainee Abdel Mohsen Fouad, from Alexandria, inside Abu Zaabal Prison Hospital in Cairo, resulting from medical negligence. Only days later did his family learn. Fouad has been in pretrial detention since August…

The Choice III: State-sponsored propaganda to demonize the Muslim Brotherhood

This month, Synergy for Media Production released the third season of The Choice drama series, produced in cooperation with the armed forces morale affairs apparatus. The first season of the drama presented the story of Ahmed Mansy, one of the…

Egyptian farmers refuse to supply their products to the government at current prices

The Egyptian Ministry of Supply issued a decision to reduce its bakeries’ share of flour by 10% during the current month of Ramadan, which reflects the government’s fears that the strategic wheat stock is insufficient to secure the country’s needs…

Al-Sisi woos Qatar in lousy need of her investments

The Egyptian-Qatari relations have witnessed a significant improvement recently, after years in which the concerns of the two countries ranged between estrangement and apathy. Senior Egyptian officials, including President Abdel Fattah El-Sisi, were keen to court Qatar and praised its…

“Pay to get your right”: Significant increase in litigation fees in Egypt breaches the constitution

While the Egyptian constitution stipulates, “Litigation is a safeguarded right guaranteed to all,” successive exaggerated increases in litigation fees made this right “to those who can pay for it.” The heads of Egyptian courts, under the auspices of the Ministry…

Saudi Public Investment Fund acquires Egyptian companies, including a leading digital systems group

The Saudi Public Investment Fund has acquired 89.49% of the shares of the Egyptian Giza Systems Group, a leading digital transformation and technology systems company in the Middle East and North Africa that provides integrated technology solutions in the fields…