Biden US administration preparing to pass USD 691 million arms deal with Egypt
The US State Department stated on Thursday, announcing that the administration of President Joe Biden notified Congress that it was preparing to complete a military deal with Egypt worth $691 million. The statement added that the Egyptian government had asked…
Egypt’s Police arrest photojournalist Mohamed Fawzy
Members of the Journalists Syndicate announced that the police arrested the photojournalist Mohamed Fawzy. Fawzi’s house was stormed on Monday evening by a security force, and none of his family knows where he took him. The police have not announced…
The sudden appearance of Gamal Mubarak retrieves the Egyptian discussion about Sisi’s alternative
Suddenly, Gamal Mubarak (58 years old), son of the late President Hosni Mubarak, released a video clip last Tuesday evening, announcing the end of all procedures to prosecute him and his family members outside the country and that no jurisdiction…
Raising the interest by 2%: Facing inflation may lead to recession
The Central Bank of Egypt decided, at its meeting, Thursday evening, to raise the overnight deposit and lending rates and the central bank’s primary operation rate by 200 basis points, to reach 11.25%, 12.25% and 11.75%, respectively. The credit and…
Egypt’s workers fail to have free trade unions under the current police state
The trade union elections in Egypt, which are taking place these days, witnessed flagrant violations, including obstructing dozens of workers from running for elections or threatening by the security services to discourage them from their intention to run for the…
Can the governmental privatization plan solve the greenback shortage crisis?
Sunday, Egyptian Prime Minister Mostafa Madbouly revealed a government plan to sell state-owned assets worth 40 billion dollars within four years, at 10 billion dollars annually, in an effort by the Sisi regime to provide financial resources to get out…
Aisha al-Shater requests to be released from prison to receive treatment
A lawyer for Aisha al-Shater, daughter of prominent Muslim Brotherhood leader Khairat al-Shater, announced that the Emergency State Security Criminal Court had ordered her presentation to a medical committee comprising consultants in oncology, haematology and internal medicine to prepare a…
The General Intelligence tightens the screws on the opposition in the media
A source in the United Media Services has revealed that the company had instructed its staff not to publish any news about the Civil Democratic Movement and its political efforts. The General Intelligence company also instructed its channels and newspapers…
British parliamentarians demand their country intervene to release Alaa Abdel-Fattah from prison
British parliamentarians have demanded their country’s foreign affairs minister intervene firmly to save the life of political activist Alaa Abdel-Fattah and help release him from prison in Egypt and enable him to travel to the United Kingdom, where he holds…
Central Bank raises interest rate by 2%
On Thursday, after its Monetary Policy Committee’s meeting, the Central Bank announced that it would raise the interest rate by 200 basis points, on lending and depositing, to 12.25% instead of 10.25% and 11.25% instead of 9.25%, respectively. The Central…
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