Egypt’s economic crisis: Sisi between creditors’ pressure and the danger of the Army’s wrath
This April, the Africa Intelligence website, which is close to French intelligence, published a report revealing the Egyptian army’s empire in the tourism sector, where the armed forces, with their various bodies and leaders, own a group of the most…
Son of late President Mohamed Morsi complains of torture in Badr Prison
On Friday, Egyptian human rights groups said they had obtained another letter from Badr Prison inmates stating that five of them had attempted suicide, including the son of the late President Mohamed Morsi, Osama Morsi. According to local human rights…
Egypt sees no hope in continuing negotiations with Ethiopia
In talks he held with the chairperson of the African Union Commission, Moussa Faki, Arega added, “We have a firm position on the necessity of continuing negotiations between Ethiopia, Egypt and Sudan under the auspices of the African Union.” On…
IMF stresses the complete liberation of the Egyptian pound
On Thursday, the Managing Director of the International Monetary Fund, Kristalina Georgieva, said that the financing program agreed upon by the significant financial agency with Egypt is based on three main determinants, which are the liberation of the local currency…
Egypt in critical status: Between Emirati pressure and the alliance with Sudanese military
After months of tensions, armed conflict erupted between the Sudanese Armed Forces and the Rapid Support Forces, an official militia formed in 2013. Disputes started last December after the Framework Agreement between the Sudanese military and the Freedom and Change…
The Egyptian opposition sets 15 conditions to ensure free and fair presidential elections
On Wednesday, the opposition Civil Democratic Movement in Egypt issued a statement putting forward conditions that must be met for free and fair presidential elections, the results of which reflect the valid will of the voters, as it described it….
Debt Addiction: Egypt seeks higher credit ceiling from the ITFC
On Thursday, Egyptian President Abdel Fattah El-Sisi agreed to amend the agreement concluded in 2018 between the Egyptian government and the International Islamic Trade Finance Corporation so that the potential credit ceiling for Egypt would be $6 billion instead of…
Militarizing the state is another face of the corruption coin
The Central Auditing Organization, one of the essential oversight bodies in Egypt, revealed legal and financial irregularities in the Prime Minister’s decision to appoint Major General Engineer Ehab Khedr as head of the National Authority for National Organization for Potable…
CIA leaks about Egyptian arms supply to Russia reduce Sisi’s credit in Washington
According to the Washington Post, a leaked U.S. intelligence document claimed that Egyptian President Abdel Fattah El-Sisi ordered the production of up to 40,000 missiles to be secretly shipped to Russia, which is engaged in a fierce war against Ukraine….
IMF lowers forecast for Egyptian economy growth in 2023 to 3.7%
On Tuesday, the International Monetary Fund issued a report in which it again lowered its forecast for the growth of the Egyptian economy in the current fiscal year to 3.7%. Last year, the IMF expected the Egyptian economy to grow…
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