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Safwat El Sherif sentenced to 3 years in prison, fined 99, 490, 974 EGP for corruption
An Egyptian criminal court sentenced Mubarak-era politician Safwat El Sherif to three years in prison and fined him EGP 99.5…
Politics
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Egypt wealth fund to initially focus on petrochem, tourism, pharma
Egypt sovereign wealth fund will focus its initial investments in the petrochemicals, pharma and tourism sectors for their high return…
Gov’t looking to conduct ambitious survey of the informal economy
State census agency CAPMAS is planning to undertake an extensive survey of Egypt’s informal economy in a bid to gauge…
New rules for cash subsidy programs to roll out by year’s end
The Social Solidarity Ministry is working on bringing some new rules for beneficiaries of its cash subsidy programs Takaful and…
House Rep. drafts law to punish anyone insulting Egypt’s historical figures
A draft law proposal seeking to impose heavy fines and prison sentences for anyone insulting Egypt’s historical figures has been…
Mob attacks Christian homes in Upper Egypt, leaving 3 injured
A mob attacked a number of Christian homes in an Upper Egypt village over the proposed construction of a church…
CAPMAS to begin nationwide census of gov’t employees in October
The Central Agency for Public Mobilization and Statistics (CAPMAS) is planning to begin a nationwide census to determine the number…
Criminal court sentences six to death for attacking security checkpoint
An Egyptian court sentenced six militants to death for a 2016 attack on a security checkpoint that killed a policeman,…
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