CBE: Net foreign assets deficit hits negative USD 19.7 billion
On Monday, the Central Bank of Egypt reported the net foreign assets deficit increased by about 5% every month to reach negative $19.7 billion. According to Asharq Business, net foreign assets started declining in October 2021 and then turned negative…
Hundreds of employees protest arbitrary dismissal from Agricultural Bank
The Agricultural Bank has fired hundreds of its employees over the past two years after the management issued a new human resources regulation that relaxed the dismissal terms. An employee said she was dismissed in February 2021 based on a…
Egypt’s government raises the prices of subsidized food commodities
The Ministry of Supply has announced raising the prices of eight subsidized food commodities starting from October. The commodities are cheese, oil, lentils, vinegar, ghee, sauce, washing powder, and soap. The ministry disbursed temporary additional support for food commodities last…
King Charles III will not attend COP27
Sunday, Buckingham Palace released a statement saying that King Charles III will not attend the 2022 United Nations Climate Change Conference (COP27) scheduled to be held in Egypt next month. The Sunday Times had alleged that Prime Minister Liz Truss…
Egypt’s parliament approves Sisi’s decision to extend emergency status in Sinai
Saturday, the house of representatives approved President Abdel Fattah al-Sisi’s decision to extend exceptional security measures in Sinai for another six months to confront “the dangers of terrorist crimes.” This is the third time that exceptional security measures have been…
Hadhoud’s death: UN experts concerned over probing Ayman Hadhoud’s death
Thursday, United Nations human rights experts expressed concern about the allegations of enforced disappearance, arbitrary detention and torture that led to the death of economic researcher Ayman Hadhoud. They said that no proper investigation had opened an adequate investigation into…
SSSP renews imprisonment of painter Amir Abdel-Ghani
The Supreme State Security Prosecution has renewed the imprisonment of painter Amir Abdel-Ghani for 15 days on charges of joining a terrorist group and spreading false news against the background of a 2015 painting on high gasoline prices. Lawyer Mamdouh…
Families of prisoners complain about Badr Prison to the National Council for Human Rights
Families of political prisoners at the Reform and Rehabilitation Center in Badr city have complained that the prison authorities have deprived their relatives of their legal rights, including receiving visits, exercising, and obtaining medicines, books and clothes. The Ministry of…
Egyptian secular opposition is undecided on taking part in the National Dialogue
Members of the Egyptian Civil Democratic Movement said they have not decided to participate in the “national dialogue” sessions scheduled to start during the first week of October. “The movement announced a set of necessary guarantees for the success of…
Egypt prepares to receive a new, controversial presidential plane
Simple Flying has said that Egypt is preparing to receive a new presidential plane, the purchase of which sparked widespread controversy last month. The website specialized in aviation news and published pictures of the new aircraft, a Boeing 747-800, after…
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