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Iran-Egypt normalization can open new chapter of regional integration: Expert

The process of normalization between Iran and Egypt can open a new chapter of regional integration, spur economic cooperation, and deter foreign powers from interfering in the region’s affairs, says a political and security analyst. Atheer Alshara made these remarks in an…

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….

Sisi‘s presidential campaign begins with Electoral Briberies

“Recently, I suffered attempts of intimidation, so no problems, I go ahead”, Abdel-Fatah El-Sisi said on Friday at the launch of the “Shoulder-To-Shoulder” initiative, which organizations publicly supported giving relief food aid to thousands of poor Egyptian at Packed stadium….

Egypt’s poultry breeding sector faces a massive crisis

On Monday, a member of the General Federation of Poultry Producers in Egypt, Musa Saqr, said that about two million workers out of four million working in the poultry breeding sector had been laid off as a result of the…

Egyptian police arrest nine workers for aborting Kiriazi strike

Egyptian security forces have arrested nine Kiriazi workers on the background of their participation in a protest to demand an amendment to the wage structure within the large company. Sources have said that the Public Prosecution decided to detain the…

The fall of Cairo-Gulf relations: What did Sisi say in Dubai?

Hard times are passing between Cairo and its Gulf allies on top of Egypt’s financial crisis that deepens its need for Gulf support. On the other side, the Gulf is fed up with the unconditioned grants policy it has taken…

High inflation rates hinder clients from obtaining consumer loans, say Egyptian banking sources

Egyptian Banking sources have said that the high inflation rates resulting from the floating of the local currency at the beginning of this year contributed to hindering clients from obtaining consumer loans. They added that the coincidence of these inflationary…

Blinken says the meeting with Sisi touched on human rights

On Monday, US Secretary of State Anthony Blinken said that his meeting with Egyptian President Abdel Fattah El-Sisi touched on human rights issues, the strategic partnership between the US and Egypt, and the latter’s important role in regional stability. Blinken…

“Threatening Egypt’s sovereignty”: Civil Democratic Movement criticize Suez Canal Fund

On Wednesday, the Civil Democratic Movement considered the establishment of a fund for the Suez Canal Authority a threat to Egypt’s sovereignty and national security. The movement attributed its opposition to the fund to its “economic disadvantages” and its “political…

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…