Egypt: Inflation hits 12.1, exceeding the target of the Central Bank of Egypt
The Central Agency for Public Mobilization and Statistics has announced that the inflation rate rose last March, on an annual basis, by 12.1%, reaching its highest level in nearly three years, which is more than the rate expected by the…
The Full Story of Ayman Hadhoud
“Your brother has died. Come take his body.” These harsh words ended a strenuous search journey that the family of economic researcher Ayman Hadhoud had undertaken since his enforced disappearance by the National Security Agency (the political security apparatus of…
The Egyptian Regeni: The National Security tortured economist Ayman Hadhoud to death
Saturday, the news of Ayman Hadhoud’s death trended on social media. As an economic expert, Hadhoud was well-known for his analytic writings, whether social media or press platforms. He worked as a financial chancellor of the Islah and Tanmia Party…
“No one is safe in Egypt”: Horrific sexual abuses of detainees and their families
Thursday, the Egyptian Front for Human Rights issued a report documenting 655 cases of sexual violence against detainees in Egyptian prisons and their families between 2015 and 2022, confirming that the regime of President Abdel Fattah al-Sisi uses sexual violence…
With over EGP 100 billion in 2021: The Egyptian military dominates governmental contracts
The National Service Projects Organization (NSPO) of the Egyptian Armed Forces revealed that it had implemented 227 state projects worth 100 billion Egyptian pounds ($5.45 billion) this year. During a meeting with President Abdel Fattah El-Sisi, the director of the…
EU supports Egypt with 100 million euros to confront the rise in food prices
The head of the European Union delegation in Egypt, Christian Berger, announced the union’s intention to provide 100 million euros to support Egypt to confront the global rise in food prices. Egypt had requested European support to face the negative…
Rights groups call upon IMF to condition social protection priority and detainees’ release in Egypt
Seven human rights groups called upon the International Monetary Fund (IMF) to ensure that any new loan program for Egypt expands social protection, enhances the independence of the judiciary and tackles corruption. They also noted the importance of economic transparency,…
Egypt: Another increase in medicine prices is expected
Sameh Nabil, a member of the Pharmacists’ Division, said that pharmaceutical companies are pressuring the Medicines Authority to agree to new increases in drug prices. Nabil expected that drug prices would witness new increases in the coming period, pointing out…
Egypt’s foreign exchange reserves lose $3.9 billion
The Central Bank of Egypt has issued a statement announcing a decline in foreign exchange reserves by about four billion dollars in one month. It decreased from 40.994 billion dollars at the end of February to 37.082 billion dollars at…
Abdel Mohsen Fouad and Ahmed Amr: Two Egyptian detainees pass away in prison
Egyptian human rights organizations revealed the death of detainee Abdel Mohsen Fouad, from Alexandria, inside Abu Zaabal Prison Hospital in Cairo, resulting from medical negligence. Only days later did his family learn. Fouad has been in pretrial detention since August…
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