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Posted inEGYPT IN THE NEWS
International press have IMF
The details of Egypt’s USD 12 bn agreement with the IMF were in the international media’s spotlight last night. The Associated Press focuses on reforms, but briefly recounts the difficulties brought on by the severe currency devaluation. In a fairly extensive report, Reuterswrites that Egypt is “on track to receive the IMF Loan’s second tranche,” […]
Posted inEGYPT IN THE NEWS
What “boring news” can teach you about Egypt
Reading boring news can help understate the dynamics of the political discourse in Egypt now, Nathan Brown and Mai El Sadany write in a piece for the Carnegie Endowment’s Diwan portal that comes off a tad schizophrenic. They note that Egyptian leadership currently “still has murky lines of command and decision within its own ranks. […]
Posted inEGYPT IN THE NEWS
Islamists arrested, civilians referred to military tribunal ahead of 25 January
The Associated Press took note of the mass arrest of Islamists and alleged Ikhwan supporters in the weeks leading up to the 25 January anniversary, covering the arrest of nine alleged Ikhwan leaders that planned to “disrupt order and security” on the day of. The men had reportedly scheduled meetings a day before to plan […]
Posted inEGYPT IN THE NEWS
Court hands down four suspended sentences over FGM death
A Cairo court handed down four suspended prison sentences and fines for the death of 17-year-old Mayar Mohamed Moussa after undergoing FGM, The Guardian reported. The sentences were criticized as lenient by legal experts. Mayar’s mother, doctor, and anesthetist were given a one-year suspended prison sentence. The doctor was fined EGP 5,000 and both Mayar’s […]
Posted inEGYPT IN THE NEWS
Egypt is part of a global roller derby resurgence
CNN has taken notice of Egypt’s all-woman roller derby team CaiRollers, saying that they are part of a global resurgence in the unlikeliest of capitals. The CaiRollers have a friendly against Abu Dhabi later this month, and against Marseilles’ league in April at the Cairo International Stadium. The two events mark the first significant derby […]
Posted inOn Deadline
Poor ministerial choices lead to discrepancy between El Sisi’s vision and actions on the ground
When will a cabinet shuffle give us hope in the way forward, Ismail Abdel Gelil wonders in an exclamation-mark-littered column penned for Al Masry Al Youm. Lamenting the endless cycle of cabinet shuffles, Abdel Gelil says there is an evident defect in the ministerial selection process that results in a large discrepancy between President Abdel […]
Posted inWorth watching
Minouche and Minton-Beddoes discuss education
One of the most influential women in the world talks about education: Nemat ‘Minouche’ Shafik, the British-Egyptian deputy governor of the Bank of England and the next director of the London School of Economics discussed education and the rise populism for The Economist’s The Agenda series. Minouche tells editor-in-chief Zanny Minton-Beddoes about her first exposure […]
Posted inEnergy
Oil Ministry establishing four new petrochemicals projects
The Oil Ministry is establishing four new petrochemicals projects worth a combined EGP 1 bn, Oil Minister Tarek El Molla told Al Masry Al Youm. The projects come as Egypt looks to maximize the petrochemicals value chain. Speaking at the general assembly of The Egyptian Petrochemicals Holding Company, El Molla stressed the importance of taking […]
Posted inEnergy
EGAS denies Dana Gas operations affected by outstanding receivables
Dana Gas operations and investments were not affected by unpaid receivables from EGAS, a senior official at EGAS told Al Mal. Dana Gas had earlier said it will have to review its 2017 investment plans for Egypt if the country does not repay dues by the end of the year.