Residents of the South Cairo island of Warraq are forming a committee from within their ranks to negotiate with the state on their behalf, after they refused a relocation settlement, Al Masry Al Youm reports. Authorities, who claim the island is illegally occupied, had offered to compensate inhabitants with new properties if they choose to leave the area, where clashes with security forces as they attempted to clear it last month killed one.
More from Enterprise
Our friends at EFG Hermes and Beltone pick up fresh accolades, along with CIB
EFG Hermes retained the top corporate access spot on Extel’s…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…