On a slow news morning for Egypt in the international press, the crackdown on the LGBTQ community in Egypt continues to be the most prominent story of note. Sudarsan Raghavan writes for The Washington Post writes that the crackdown intensified over the weekend as security forces raided cafes in downtown Cairo and courts delivered harsh prison sentences. “The targeting of the community was never on this scale before,” said Doaa Mostafa, a human rights lawyer. LGBTQ rights activists say the crackdown is part of an effort “to distract from the country’s pressing political and economic woes, including rising costs of living and declining government subsidies, that have fomented anger on the streets.”
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…