Egypt’s non-oil private sector still within the contractionary range since 2020
Purchasing Managers’ Index of Standard and Poor’s Global recorded a slight increase at 47.7 points last October against 46.6 last September but remained within the contractionary range since December 2020. A state of pessimism dominated the non-oil private sector companies,…
Academics, parliamentarians, and activists from 80 countries call for releasing political prisoners in Egypt
On Thursday, more than 321 organizations, 1,079 academics, parliamentarians, and activists from 80 countries signed a petition calling for the release of political prisoners in Egypt, coinciding with the COP27 climate conference. They demanded the immediate and unconditional release of…
Nobel laureates demand releasing political prisoners in Egypt ahead of COP27
On Wednesday, 15 Nobel laureates demanded releasing opinion prisoners in Egypt, including the well-known blogger Alaa Abdel Fattah before COP27, which will start next Sunday in Sharm Al-Sheikh. “We urge all representatives of governments, environmental groups and business to use…
EU gives Egypt €80 million-worth grant for maritime border monitoring equipment
The Refugees Platform in Egypt has criticized the lack of details on the European Union granting the Egyptian government €80 million to purchase maritime border monitoring equipment. The rights group said that there is a lack of details about the…
The IMF deal is not enough to skip Egypt’s financial predicament
Since the beginning of the year, the Egyptian government has sought a new loan from the International Monetary Fund to alleviate the effect of the acute financial plight the country suffers from. Initial reports forecasted a USD 10-15 billion deal…
Joint meetings between Egypt and Turkey conclude in the impasse
On Friday, the Egyptian Foreign Minister, Sameh Shoukry, said that joint sessions between his country and Turkey had stopped after two rounds were held, claiming that there had been no change in the “practices” of Turkey in Libya. During a…
Excessive loaning and unwise investment led to the all-time decline of the Egyptian pound
Along with declaring a new deal with the International Monetary Fund to get USD 3 billion in loans, the Central Bank of Egypt started a recent devaluation of the Egyptian pound, letting it record an all-time decline against the US…
Egyptian publisher arrested in Saudi Arabia
On Tuesday, the Egyptian publisher Ahmed Diouf’s family said it received a call from the Egyptian Foreign Ministry stating that he had been arrested and investigated by the Saudi authorities. Egyptian publishers have talked on social media platforms about the…
Egypt faces major import crisis, says the Wall Street Journal
The Wall Street Journal said that it has become increasingly difficult for Egyptians to obtain imported medicine, cheese, and electrical appliances, as the government has restricted imports to keep its foreign currency reserves in an acceptable condition. It pointed out…
Misuse of counter-terrorism measures in Egypt enables suppression of civil society, says rights groups
The Civil Society Coalition on Human Rights and Counter-Terrorism, consisting of 12 human rights groups, has expressed its support for independent civil society activists in Egypt, calling on the Egyptian government to enable them to carry out their legitimate and…
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