Société Générale says the Egyptian pound would depreciate by about 10%
On Saturday, Société Générale predicted that the value of the Egyptian pound would soon depreciate by about 10%. Egypt suffers from unprecedented inflation, which reached 31.2% last January. The country is likely to devalue its currency again shortly, according to…
Egypt: Flagrant Human Rights Abuses Documented In Badr Prison Complex
The Committee for Justice, an independent association for the defence of human rights based in Geneva, Switzerland, has published a report on the dire conditions in Egyptian prisons, stating: Inmates at the new Badr Prison Complex in Egypt live in…
Strikes immerse Egypt’s factories: Worker’s sufferings threaten Egypt’s stability
During the first two months of 2023, the devaluation of the Egyptian pound (one dollar: 30.62 pounds) continued, and with a minimum wage of 2,700 pounds in the private sector, its value and purchasing power decreased by more than half,…
The State Security Affairs Office refuses to ratify the ruling that acquitted six people
On Saturday, human rights lawyer Khaled Al-Masry said that the State Security Affairs Office refused to ratify a ruling issued by an Emergency State Security Court that acquitted six people of charges of joining a terrorist group and carrying out…
Sisi’s economic ambiguity fuels Gamal Mubarak’s presidential ambition, according to Africa Intelligence
Africa Intelligence reported on Wednesday that Gamal Mubarak, the son of former Egyptian leader Hosni Mubarak, is considering challenging President Abdel Fattah El-Sisi in the 2024 elections. The French intelligence website cited a “secret” meeting between Mubarak and Jonathan Cohen,…
Saudi Arabia’s Public Investment Fund halts plan to acquire the United Bank of Egypt
Reuters and Bloomberg have said that Saudi Arabia’s Public Investment Fund halted a plan to acquire the United Bank of Egypt, almost wholly owned by the Central Bank of Egypt, due to disagreements over its valuation. According to sources, the…
Rights group submits complaint to Public Prosecutor against harassment of female political prisoner
On Wednesday, human rights lawyer Nabih Al-Janadi said that he had submitted a complaint to the Public Prosecutor against the harassment of a female political prisoner at the hands of a warden at Al-Qanater Al-Khairiya Prison for Women. The Egyptian…
Rights group denounces deliberate medical negligence in prisons in Egypt
The Egyptian Network for Human Rights has issued a statement denouncing the deliberate medical negligence in prisons and detention facilities in Egypt. The rights group said that the Egyptian authorities do not observe the constitution, the law, internal prison regulations,…
Confiscation of shared spaces in Egypt creates the urban crisis
For many years, the Mokattam Hill Corniche was a favourite destination for lovers of the city of Cairo, especially its ancient archaeological neighbourhoods, as it allows them to look at its charm and splendour from a height, taking advantage of…
Late President Morsi on terrorists’ lists: State abuse of terrorism charges in Egypt
The Egyptian Public Prosecution has created a new list to include people on terrorist lists, which violates the legal procedures stipulated and in force for years. This list contains the names of deceased people, such as the former President of…
Recent Comments