Over greenback shortage: Egypt’s PMI falls to Covid-19 levels
The Purchasing Managers’ Index (PMI) has fallen to its second-lowest level since June 2020, recording 45.4 in November, down from 47.7 in October. The index data showed that non-oil private sector production declined in November at the fastest pace since…
Egyptian Medical Syndicate denounces new bill for medical liability in the Egyptian parliament
On Sunday, the Egyptian Medical Syndicate warned of the new bill proposed by members of the House of Representatives on medical liability that provides imprisonment as a legal penalty for medical errors. Rashwan Shaaban, a member of the Medical Syndicate Council,…
Even if high-class figures demonstrated for local interests: Egyptians were denied the right to protest
Yesterday, Saturday, several public figures, including former ministers, participated in a demonstration in Saray Al-Jazeera Street in the Zamalek neighbourhood in Cairo to protest the project to build a multi-stage garage that is considered a picturesque and quiet area. Participants…
Ismail Iskandarani: Egyptian researcher, after seven years in military prison
Monday, academic researcher and journalist Ismail Al-Iskandarani was released after seven years in military prison. Ismail was arrested on November 29, 2015. In May 2018, a military court sentenced him to ten years in prison after convicting him of several…
Egypt’s net foreign assets keep declining
The Central Bank of Egypt has said that net foreign assets declined by 109.9 billion pounds in October, continuing a fall that began in September 2021. The deficit in foreign assets thus amounts to 551 billion pounds. Net foreign assets…
Family of political activist Ahmed Doma calls on Sisi to pardon him
On Saturday, the family of political activist Ahmed Doma called on President Abdel Fattah El-Sisi to pardon him. “On December 3, Ahmed begins his tenth year in prison, far from us,” his family wrote in a public statement. Doma was…
Egypt’s inflation: Steel prices skyrockets
On Thursday, the head of the Building Materials Division at the Cairo Chamber of Commerce, Ahmed Al-Zaini, said that Ezz Steel, Suez Steel and El-Masryeen Steel raised the price of a ton of steel between 700 and 800 pounds. The…
Months-long fodder crisis has not ended, says poultry producers union
On Monday, the deputy head of the Poultry Producers Union, Tharwat Al-Zeini, revealed that the months-long fodder crisis has not ended, despite the Ministry of Agriculture announced the release of 876,000 tons of fodder from mid-October to last Thursday. Al-Zeini…
Car sales in Egypt will decline by 60% in 2022
Car sales in Egypt decreased by more than 60% compared to last year’s period. This comes from the government’s obstruction of the import of cars, in addition to the market’s suffering from a general state of confusion, according to a…
1,453 abuses against detainees in Egypt in three months
On Wednesday, the Committee for Justice said it documented 1,453 abuses against detainees in Egyptian detention facilities in its third quarterly report, covering the period from July to September. The rights group said that the regime in Egypt is still…
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