Nile stock exchange: The stumbling dreams of small enterprises

SMEs (small and medium-sized enterprises) have always been the focus of the Egyptian state. Suspiciously, the fact that 98 per cent of these...

A rare official confession to torture in Egypt

The annual report of the National Council for Human Rights (NCHR) in Egypt (governmental) recognized the existence of torture by the Egyptian authorities. The NCHR called for...

New legislation prevents military men competing against al-Sisi

On Sunday, the legislative committee in the Egyptian House of Representatives (parliament) approved a draft law that requires former and current army officers to obtain approval from...

Cairo pays $20 billion of urgent debts using new long-term debt

Egypt has announced that it has repaid over the past four months its short-term debt of $20 billion and replaced it with long-term debt. An official banking...

The displacement of the people of the slums: A better life or exploitation?

The Egyptians witnessed with amazement rare protests in the Maawa al-Sayadeen (the Fishermen's Shelter) area in al-Qabbari in Alexandria Governorate (North), in opposition to the Egyptian authorities’ decisions to evacuate...

Coronavirus disrupts privatisation of Cairo Bank

Egypt has postponed its plans to sell a stake in the state-owned Cairo Bank in an initial public offering that was scheduled for mid-April, due to the...

Shell latest company to sell its assets in Egypt

Shell’s Egypt Board Chairman Khaled Kassem has announced that his company Shell is still open to receiving offers from potential buyers of the company’s onshore upstream assets...

Surgical masks: A new burden on the family budget

The coronavirus crisis and its repercussions have increased the economic burden on citizens in Egypt, by adding new requirements to their daily request bills, including "alcohol ,...