EBRD gives Egypt $1.3 billion to finance clean energy
On Monday, the European Bank for Reconstruction and Development (EBRD) announced $1 billion in financing to Egypt to cover a tenth of its needs to produce 10 gigawatts of wind energy by 2028 and $300 million to help it stop…
Human Rights Watch says the Egyptian government oppresses local environmental groups
On Monday, Human Rights Watch (HRW) said that the Egyptian government has severely restricted the ability of local environmental groups to operate independently, explaining that such restrictions threaten Egypt’s ability to meet its environmental and climate action obligations while hosting…
Civil society demands Public Prosecutor quit Mada Masr probe
On Wednesday, Egyptian human rights groups demanded that the Public Prosecutor close the case against four journalists from the Mada Masr news website. Last week, Ragia Omran, a Mada Masr’s defence team member, said that the complaints submitted to the…
Egypt: Sanctioning farmers collect no more than 4.2 million tons of wheat
The Egyptian government failed to manage its wheat target despite obligating farmers to deliver it. According to official statements, the quantities supplied to government silos and barns until the end of the wheat season on August 31 reached only 4.2…
Forced displacement in Arish: The government continues its dangerous policies
The Egyptian government began demolishing buildings in the Al-Raisa area on Al-Arish, North Sinai coast. The decision issued by Abdel Fattah al-Sisi allocated the 541 acres of space around Arish Seaport to the armed forces for developing the port. While…
Liquidation of Nasr Coke: Egyptian industry future on the edge
The extraordinary general assembly of Nasr Coke Industry decided last Monday to liquidate the company’s business, nearly 62 years after its establishment, to become the fourth state-owned industrial enterprise to be liquidated since 2018, despite the profits it made over…
Libyan Game of Thrones: Egypt between Bashagha and Dbaiba
Two weeks ago, violent clashes erupted in Tripoli between the forces of the Government of National Unity headed by Abdel Hamid Dbaiba and the armed forces siding with the ex-interior minister, Fathi Bashagha, who was assigned by the Libyan parliament…
With COP27: Local rights groups coalition demands freedom of civil society
On Friday, local rights groups issued a joint statement announcing the formation of a coalition demanding the freedom of civil society, in conjunction with the 2022 United Nations Climate Change Conference, COP27, scheduled to be held in Sharm el-Sheikh in…
The highest in 4 years: Egypt’s annual inflation hits 14.6%
On Thursday, the Central Agency for Public Mobilization and Statistics issued a statement announcing that the annual urban consumer price inflation rate rose in August to 14.6%, the most effective rate since November 2018, when it recorded 15.7%. Also, every…
CBE declares new decline in foreign exchange reserves
On Wednesday, the Central Bank announced a decrease in foreign exchange reserves to $33.141 billion, down from about $40.93 billion at the beginning of the year. According to the Central Bank, gulf deposits represented more than 75% of the reserves…
Recent Comments