Saudi Sovereign Fund about to acquire Misr Aluminum Company Share
On Sunday, newspapers reported that Misr Aluminum Company, a subsidiary of the Holding Company for Metallurgical Industries, is considering appointing an independent financial advisor to determine the company’s fair value in preparation for selling a share of it to the…
US dollar exchange rate hits 27 pounds in unofficial markets
On Tuesday, the price of the US dollar rose in black market transactions in Egypt to 27 pounds for sale and 26 pounds for purchase due to the refusal of government and private banks to sell it. The official selling…
Egyptian authorities fail to protect refugee women, victims of sexual violence, says Human Rights Watch
On Thursday, Human Rights Watch published a report saying that the Egyptian authorities had failed to protect refugee women victims of sexual violence and to investigate incidents of rape and sexual assault. The human rights group documented 11 incidents of…
Egypt blocks Beirut-based news website
The editorial board of Daraj said that the news website was blocked in Egypt, adding that an interview they conducted with the Secretary-General of Amnesty International, Agnes Callamard, about the Alaa Abdel-Fattah case and a story they published about journalists…
Hassan Attia: Political detainee passes away in Badr Prison 3
On Monday, human rights groups said that detainee Hassan Diab Hassan Attia, 47, died in Badr Prison 3 due to medical negligence. Attia died in his cell after suffering from a six-hour coma. The prison administration did not respond to…
Anas El-Beltagy to complete ten years in prison without charge, says mother
Sanaa Abdel-Gawad, the wife of Muslim Brotherhood, detained politician Mohamed El-Beltagy, has said that her son, Anas El-Beltagy, is being held in a disciplinary cell in Badr 1 prison. El-Beltagy was transferred months ago from the high-security Scorpion prison to…
Rights groups condemn harsh sentences against torture victims in Al-Salam Police Station
Human rights groups have condemned what they described as the harsh sentences issued by an Egyptian court against victims in a case known as the Al-Salam Police Station case. The court sentenced nine people to life imprisonment and 13 others…
Egyptian Public Prosecution: Justice institution turns out to be a repressive organ of the police system
A few days ago, an Egyptian court for terrorism crimes sentenced nine persons to life imprisonment, 13 others to 15 years, and a 17-year-old child to 5 years, in the case known in the media as the Salam Police Station…
Qatar to acquire KIMA: Gulf acquisitions control Egyptian fertilizers industry
Yesterday, well-informed sources revealed to Almal News a current discussion between the Egyptian government and Qatar Investment Authority (Qatar Sovereign Wealth Fund) about acquiring a share in the Egyptian Chemical Industries (KIMA). The deal is part of a more significant…
Qatar about to acquire 20% of Vodafone Egypt
On Wednesday, Al Sharq said that the negotiations of the Qatar Investment Authority with the Egyptian government to buy 20% of Vodafone Egypt’s shares in return for more than one billion dollars are accelerating. The Qatar Investment Authority, which has…
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