Hussein Abdullah and Tarek Amer: The General Intelligence manipulates the Central Bank of Egypt
The dismissal of the Central Bank of Egypt governor, Tarek Amer, represented an exceptional event in Egypt. In contrast, the country suffered one of the most striking economic crises over the past few decades. But the appointment of Hassan Abdullah…
HRW: European governments should not help military business in Egypt
Human Rights Watch has said that Egypt is seeking to obtain a new loan from the International Monetary Fund (IMF) to address the repercussions of the sharp increase in prices, explaining that President Abdel Fattah El-Sisi asked Western governments to…
Available water is only half of our needs, says the Egyptian Minister of Irrigation
Egyptian Minister of Water Resources and Irrigation, Hani Swailem, has said that the water currently available to Egypt is half the amount it needs. The reason for this, he said, is climatic changes affecting the Nile Basin countries. Swailem avoided…
Ahmed al-Sisi: Egypt under the rule of nepotism
Abdel Fattah al-Sisi made a law amendment to allow his brother, counsellor Ahmed al-Sisi, to keep the office as the head of the anti-money laundry and terrorism fund unit in the Central Bank of Egypt even after the age of…
Threatened churches: The catastrophe of Abu Sefein Church may be recurrently repeated
Last Sunday, the Egyptians woke up to the tragedy of the death of 41 people, including 18 children, and the injury of 14 others, after a fire broke out in the Church of Martyr Mercurius Abu Sefein in the Imbaba…
Tarek Amer: Resignation does not resolve significant failures
Wednesday, Abdel Fattah Al-Sisi accepted a surprising resignation presented by the governor of the Central Bank of Egypt, Tarek Amer, who is popularly seen as the main responsible for the collapse of the Egyptian pound that doubled the severity of…
Hassan Abdullah: New CBE governor was accused of corruption
On Thursday, President Abdel Fattah el-Sisi issued a decree designating Hassan Abdullah, the head of United Media Services, a company affiliated with the General Intelligence Directorate, as the acting governor of the Central Bank. Abdullah is a former member of…
Egyptian cabinet reshuffle: No fundamental changes in policies
A few days ago, during an extraordinary meeting that lasted only 14 minutes, the Egyptian parliament passed a cabinet reshuffle that included 13 ministers out of the 32 in the government of Dr Mostafa Madbouly, which has been in place…
Expanding the use of mazut in Egypt ignores the climate crisis
While Egypt prepares to host the United Nations Climate Change Conference COP 27 next November, the government has taken many decisions aimed at reducing domestic consumption of natural gas, the cleanest-burning hydrocarbon, to generate electricity in exchange for expanding the…
Fertilizers acquisition deals: Egypt bleeds profitable industry
Recently, two Egyptian fertilizers companies were partially acquired by Gulf investment funds, Saudi and Emirati in particular. Both companies are joint-stock companies with their stocks owned mainly by state economic bodies like Nasser Bank, National Investment Bank, and Egyptian Petroleum…
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