Month: June 2022

Abdel Fattah al-Sisi complains that social spending while the social bill is null

Recurrently, the Egyptian government and its supreme head, Abdel Fattah al-Sisi, bear the governmental social spending responsibility for Egypt’s crippled economy. Many claims, however, are poorly established on fallacies. For example, Sisi recurrently claimed the actual price of a litre…

Egypt, Israel and the EU sign gas agreements

Egypt has announced that it had signed a memorandum with Israel and the European Union on cooperation in the trade, transport and export of natural gas to transport gas from Israel to Europe after liquefying it at Egyptian stations. The…

Ethiopia: 88% of the construction work of the Renaissance Dam completed

Ethiopia has announced the completion of 88% of the construction work of the Renaissance Dam, hoping to complete all construction work by the end of 2023. This was stated by the Ethiopian ambassador to Russia, Alemayehu Tegenu, in a press…

EU grants Egypt 100 million euros to tackle the food crisis

On Wednesday, the European Union announced providing an aid package worth 103 million euros to Egypt to face the repercussions of the global food crisis. This was stated by the President of the European Commission, Ursula von der Leyen, during…

Amnesty International calls on Sisi to release Aisha El-Shater and Abu Huraira

On Thursday, Amnesty International called on President Abdel Fattah El-Sisi to release Aisha Khairat El-Shater, daughter of the first deputy guide of the Muslim Brotherhood, Khairat El-Shater, and her husband, Muhammad Abu Huraira, who have been detained by the Egyptian…

Mahmoud Shaaban: A new victim of Egypt’s politicized judiciary

A few days ago, the Cairo Criminal Court sentenced Sheikh Mahmoud Shaaban, an Islamic preacher and professor at Al-Azhar University, to 15 years in prison for accusing him of joining an armed terrorist group based outside the country, the “Free…

Liquidation of state-owned factories deepens the Egyptian industry crisis

Despite achieving significant profits during the last period, the Egyptian government announced its intention to liquidate the Nasr for the Coke Industry, one of the few remaining industrial fortresses from the 1960s, which confirms that the Egyptian national industry under…

UAE’s Chimera offers mandatory purchase to acquire the Egyptian Beltone

The UAE company, Chimera Investment, intends to submit a mandatory purchase offer to acquire 51% to 90% of the Egyptian Beltone Financial Company shares. The Egyptian Financial Supervisory Authority said that the Chimera Investment Company submitted a non-binding mandatory purchase…

CTUWS: Elections of trade unions federation was a fraud

The Center for Trade Union and Workers Services (CTUWS) criticized what the general union elections witnessed, pointing out that it seems complicated to achieve any change, however, limited, in the upper levels of the General Federation of Egyptian Trade Unions….

Egyptian Court refuses to transfer Aisha Al-Shater to hospital

On Tuesday, the Cairo Criminal Court refused to allow Aisha Al-Shater, the daughter of the first deputy guide of the Muslim Brotherhood, Khairat Al-Shater, to leave the Al-Qanater Prison Hospital to receive treatment at her own expense in a private…