Tag Archives: SISI

A major Egyptian army exercise near the border with Libya is being viewed by military and strategic experts as a message of deterrence to Turkish President Recep Tayyip Erdogan over his backing for the Government of National Accord led by Prime Minister Fayez Al-Sarraj and supported by militia groups. The …

The International Monetary Fund on Friday said it had reached a staff-level agreement with Egypt for a one-year, $5.2 billion standby loan to help the North African country grapple with the novel coronavirus pandemic and its economic fallout. The agreement, which must be finalized by the Fund’s executive board, would …

Former Egyptian President Hosni Mubarak – ousted by the military in 2011 – has died in Cairo at the age of 91. Mubarak spent three decades in office before a popular uprising swept Egypt. He was found guilty of complicity in the killing of protesters during the revolution. That conviction …

Human rights activists on Thursday criticized a United Nations decision to hold a conference in Cairo on torture with an Egyptian state organization. “It’s illogical for a country where torture is systematic to host a conference on torture,” said Mohamed Zaree of the non-government Cairo Institute for Human Rights Studies. …

Nineteen people died and 30 were injured in an explosion resulting from a car crash in central Cairo, Egypt’s health ministry said early on Monday. There was no official statement indicating that the explosion was an attack. The blast happened when a car driving against traffic on Cairo’s Nile corniche …

Egypt will form a committee to amend its value-added tax law, Finance Minister Mohamed Maait told reporters on Monday, without specifying what the changes may be. The VAT law is part of a reform program that formed the basis of a $12 billion, three-year loan agreed with the International Monetary …

Armed forces and observers from eight Arab countries are converging on Egypt for exercises starting on Saturday, the Egyptian military said on Wednesday, in a move that could evolve into a regional pact to counter Iran’s influence. President Donald Trump’s administration has been quietly pushing for Gulf Arab countries, together …

An apparent attempt to bomb the American Embassy in Cairo failed on Tuesday when an explosive detonated prematurely in the backpack of a would-be attacker, the Egyptian government said in a statement. No one was injured. It was the latest reminder of the continuing threat to Western interests from the …

Egypt plans to launch its first sovereign fund by the end of the year and will begin a roadshow in the first half of 2019 to drum up private investment, the country’s planning minister said. Modelled after sovereign funds in India and Malaysia, Egypt’s new investment arm will seek to …

Egypt’s central bank kept its benchmark interest rate unchanged on Thursday, as the government prepares for a new round of fuel subsidy cuts against a backdrop of rising global oil prices. The bank’s Monetary Policy Committee, headed by Governor Tarek Amer, held the overnight deposit rate at 16.75 per cent …

Former Egyptian Prime Minister Ahmed Shafik, who last week announced plans to run for the presidency, was deported from the United Arab Emirates on Saturday, his family said, and arrived in Cairo hours later. Shafik, a former air force commander and government minister, was seen as the strongest potential opponent …

A decade on, Rawda al-Zaanoun is at last willing to forgive the gunmen who killed her son during the civil war that split Palestine. It has been painful, but she says it is time. ”He was hit with a bullet in the back. He was a martyr,“ the 54-year-old said …

Egypt’s President Abdel Fattah al-Sisi and Israeli Prime Minister Benjamin Netanyahu have met for the first time in public in what Egypt said was part of an effort to revive the Middle East peace process. Egyptian authorities said in a statement the two had met on Monday ahead of the …

U.S. President Donald Trump called Egyptian President Abdel Fattah al-Sisi on Thursday and said he was keen to overcome any obstacles in the way of cooperation, just days after the U.S. said it would withhold some financial aid to Egypt. “President Abdel Fattah al-Sisi received a phone call tonight from …

By Emad El-Din Aysha, PhD — Nobody’s interested in what happened in Egypt, internationally, the suicide attacks that targeted the churches in Tanta and Alexandria on Palm Sunday last week. A foreign academic explained this to me. It wasn’t high on the priorities of international readers. This is tragic, not …