Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is now seeking to boost its coffers by selling state assets to wealthy Gulf nations, according to AFP. Experts say the [ More … ]
Egypt’s Abdel Fattah al-Sisi on Monday offered effusive praise for the UAE, seeking to repair a rift between Cairo and Gulf states, reported the Associated Press. It is noteworthy that the Gulf Arab states have [ More … ]
Stakes in these companies will be offered to individual and strategic investors, Prime Minister Mostafa Madbouly says The Egyptian government plans to sell stakes in 32 state-owned companies, in everything from electricity and banking to [ More … ]
Egypt’s Sisi on Tuesday held a phone call with Turkey’s Erdogan and Syria’s Assad to offer condolences and sympathy to the victims of the destructive earthquake that hit the two countries early Monday. Egyptian presidential [ More … ]
The United States will continue to encourage Egypt to take steps on human rights, including freeing more political prisoners and guaranteeing freedom of expression, U.S. Secretary of State Antony Blinken said during a visit to [ More … ]
The Economist suggests that donors should not keep bailing out Egypt, a state that only enriches men in khaki, the military. “To the list of spectacular ruins across Egypt, you can now add its economy. [ More … ]
The founder and former CEO of Egypt’s Juhayna Food Industries (JUFO.CA) and his son have been released after about two years in detention, reported Reuters. Safwan Thabet and his son, Seifeldin, were released from prison [ More … ]
An Egyptian terrorism court has handed life sentences to Egyptian actor and contractor Mohamed Ali and 37 others in connection with 2019 protests The protests then called for the resignation of Egypt’s Abdel Fattah al-Sisi [ More … ]
Sisi needs to shrink the role of the state and military-owned companies, suggests an opinion by the Financial Times’ editorial board. “For almost a decade, Egypt’s Abdel Fattah al-Sisi has promised his people that he [ More … ]
‘Without early presidential elections, and a major and fundamental reset in the regime’s brutal approach, Egypt will continue hurtling towards catastrophe’, says Egypt’s former investment minister. Yehia Hamed, the former investment minister who served in [ More … ]
The Egyptian national dialogue sessions will begin in the “next few days,” according to Al Ahram newspaper, citing the dialogue’s coordinator, Diaa Rashwan. Egypt’s National Dialogue coordinator Diaa Rashwan announced on Thursday that the dialogue [ More … ]
Egypt’s Abdel Fattah Al-Sisi has vowed to reduce the military’s undue influence over the country’s economy as part of a new $3 billion International Monetary Fund (IMF) bailout, reported the Financial Times, citing a recent [ More … ]
Despite widespread calls for President Biden to use the U.S.-Africa Leaders Summit to pressure Egypt’s Sisi on human rights, the last day of the summit instead featured a warm embrace between the two leaders and [ More … ]
Sisi has asked the US to pressure Ethiopia to reach an agreement with Egypt on the Ethiopian dam on the Blue Nile during a meeting with US Secretary of State Antony Blinken in Washington. Meanwhile, [ More … ]
Under Sisi, Egypt’s Economy and Corruption Resemble Lebanon, states World Politics Review “When pursuing new research, academics occasionally stumble across half-forgotten projects that remind them of how distant the recent past can feel. In the [ More … ]
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