jail terms Archives - Middle East Observer

January 30, 2023

Black Market Flourishes Despite the Authorities’ Strict Measures

August 31, 2016 Ahmed Rashed

As the Egyptian economy struggles, small and big businessmen will turn to underground traders to fulfill the hard currency shortage and their foreign exchange needs, as reported by Wall Street Journal. The Wall Street Journal [ More … ]

Black Market Dealers Challenge New Threats of Fines and Jail Terms

August 18, 2016 Ahmed Rashed

Despite the Egyptian strict regulations and fearful of new jails against the black market dealers, Egypt’s currency traders are driving with bags of cash to meet clients in discreet locations around the vast capital Cairo, [ More … ]

jail terms

Black Market Flourishes Despite the Authorities’ Strict Measures

Black Market Dealers Challenge New Threats of Fines and Jail Terms

Israel reportedly carried out drone strikes on an Iranian factory

‘To save Egypt’s economy, get the army out of it’: The Economist

Egypt: Independent organizations submit a new human rights report to the UN

West Bank: Israel kills nine Palestinians in a new ‘massacre’ in Jenin

Egypt: ‘Inflation is so high that eggs are a luxury’, says NYT