Egypt’s business community frustrated due to high production costs
Business conditions for the non-oil private sector in Egypt have continued to contract for the thirteenth consecutive month. The Purchasing Managers’ Index came in at 49 in December, not above 50, the line between growth and contraction. The index recorded…
Despite high inflation Egypt’s Senate refuses to raise employee bonuses
The Egyptian Senate, during its discussion of the new labour bill submitted by the government, has rejected a proposal to maintain an annual bonus of seven per cent of the basic wage for employees, and kept the proposed government percentage…
Cairo Governorate preparing to demolish 3,500 inhabited apartments
The Nasr City neighbourhood has begun registering the names of the Sixth District residents who want alternative housing due to being evicted from their homes, which will be removed under the pretext of developing the area. The neighbourhood administration notified…
Maspero workers protest poor working conditions
Workers belonging to the National Media Authority gathered in the main building of the Radio and Television Union, Maspero, to protest working conditions, low wages, and to demand their financial dues, which have been in arrears since 2017. The workers…
ANHRI: 2021 was the year of contradictions regarding human rights in Egypt
The Arab Network for Human Rights Information issued a report in which it said that democracy by the end of 2021 remains far from Egypt. Last year saw nothing but more repression and more closure of the public sphere, the…
Egypt Watch unveils a new chapter of corruption by Sisi
During the inauguration ceremony of an electricity project in Aswan, Abdel Fattah Al-Sisi praised the minister of electricity, Dr. Mohamed Shaker, for not allowing his company to work on any governmental projects. Egypt Watch investigated the statement and proved it…
Egypt heading for new coup d’etat as Sisi destroys the country
According to the Freedom House, Egypt’s rate of freedom has reached its worst status in the last few decades with 18/100 points for freedom and civil rights in 2021. This has been the average estimation since Abdel Fattah Al-Sisi took…
El-Sisi approves EUR 150 million euro loan from France
Egyptian President Abdel-Fattah El-Sisi has approved a 150 million euro loan from the French Development Agency to support the social protection sector. The Egyptian government pledged that the Ministry of Finance, through the Central Bank of Egypt, would fulfil all…
Egypt joins the New Development Bank of BRICS as an alternative source of debts
The Ministry of Finance in Egypt issued a statement announcing Egypt’s joining the New Development Bank (NDB), stressing that this will help Egypt meet its financing needs, and that this comes within the framework of keenness to diversify sources of…
Egypt’s PM ratifies sentences against El-Elaimi and other political activists
The Egyptian Prime Minister, Mostafa Madbouly, ratified the ruling issued by the Emergency State Security Misdemeanor Court, on November 17, against a number of political activists. Former activist and parliamentarian Ziad El-Elaimi was sentenced to five years, journalists Hisham Fouad…
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