“Battle of the Courts” tops coverage of Egypt in international news: Topping coverage of Egypt in the foreign press this morning are pickups of the Administrative Court’s ruling that the Court of Urgent Matters does not have jurisdiction to rule on cases related to the handover of Tiran and Sanafir islands to Saudi Arabia. Most outlets, including Al Jazeera, say the decision will add to the ongoing tussle between branches of government on the handover, with some now saying the ball is in President Abdel Fattah El Sisi’s court as he is yet to sign off on the agreement. That said, we note the president signalled in a speech yesterday that he is likely to approve the handover, citing obligations under international law.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…