Are amendments to the contentious NGOs Act in the offing? President Abdel Fattah El Sisi agreed yesterday to form a committee and hold “national dialogue” (Egypt-speak for “public consultations”) on amendments to the contentious NGOs Act, according to Al Shorouk. Speaking at the World Youth Forum in Sharm El Sheikh, El Sisi said that the law, which the House of Representatives passed back in 2016, is flawed. Among other stipulations, the law forbids NGOs from participating in political activities and requires organizations to receive government approval prior to receiving international funding. The act has come under fire several times for being “draconian” and “repressive,” with several US senators condemning it as a “direct attack on independent civil society in Egypt.”
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Can AI promise Egypt’s lenders more borrowers and fewer bad loans?
Banks are cautious about letting AI judge a borrower. Local…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…