Latest in Tag: Mubarak Highlight

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Latest in Tag: Mubarak


Egypt covers 50% of foreign investors’ repatriation backlog

Reuters – Egypt’s central bank has covered 50% of a backlog of dollars owed to foreign investors seeking to repatriate funds from the country, it said in a statement on Thursday. A repatriation scheme opened in March last year and aimed at restoring confidence in Egypt’s economy guarantees foreign investors in Egypt’s stock and government …

Daily News Egypt

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So how is the economy?

Last week we talked about the challenges facing the new Egyptian government. We spoke of the newly appointed prime minister’s objectives. Mr Mehleb has proclaimed that his main aims are to wipe out militant violence and improve the economy. Well, security we all know about and can see its status by watching the news; but how …

Mohamed Fouad

6 2 James Dorsey

Egyptian autocrats struggle with football’s political pros and cons

By James M. Dorsey An Egyptian government initiative to build more than a thousand new football pitches to “keep youth off the streets” against the backdrop of a rising number of clashes between fans and security forces and a likely extension and expansion of the ban on spectators attending matches highlights the opportunities and threats …

Daily News Egypt

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Op-ed review: The future and 11 February 2011

Lifeboats Ezzedine Choukri Fishere Al Masry Al Youm Newspaper “Someone asked me: ‘Should we build a Noah’s arc to take us all to the new state that we want to build?’ I said no. That was a good model in the old age, but now the evil ones will not allow you to build an …

Daily News Egypt

Egypt’s growth to miss forecasts

Reuters – Egypt’s economy will only grow by 2.0% in the fiscal year ending June 2014, well below the government target of 3.5%, according to a Reuters poll of economists who lowered their forecasts once again. Chances for an economic rebound were hurt by violence and political turmoil after Islamist President Mohamed Morsi was ousted …

Daily News Egypt

5 2 2013 07 16 19.59.10

One more anniversary

Another anniversary passes by, as Egypt remains stuck inside the loop of political transformations that began on January 2011. Much has changed since that Tuesday where a few thousands took to the streets defying Mubarak’s corrupt repressive state. Personally, I was one of those who left Tahrir Square that night with a clear decision in …

Ziad A. Akl

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Is there any reason left to be bullish on Egypt?

After the dust cleared and the votes were counted for Egypt’s newest constitutional referendum, the interim regime cheered, announcing that the results represented “a clear endorsement of the roadmap to democracy, as well as economic development and stability”. Others were more critical, though perhaps fewer than might be expected were particularly public about their disapproval. …

Rasheed Hammouda

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Egyptians’ lives: Between reality and fantasy

By Mohammed Nosseir Egyptians live two parallel lives: the life of reality that they struggle through daily and a fantasy existence of which they dream, a fantasy that they feel is quite close to reality, but have never managed to reach. Although the gap between the two is large and constantly growing, most Egyptians don’t …

Daily News Egypt

5 1 James Dorsey

Egyptian football fans threaten to revive stadia as battle fields

By James M Dorsey With multiple potential flashpoints coinciding, militant, street-battle hardened Egyptian football fans threaten to align stadia alongside the country’s universities as battle grounds against the armed forces and the military-backed government. The football support groups known as ultras have warned that they would disrupt Egypt’s newly revived league competition if spectators continue to …

Daily News Egypt

In a series of photos taken on 27 January 2011, demonstrators in the port city of Alexandria dismantle the image Hosni Mubarak (AFP Photo)

Egypt: Three years of unrest

AFP – Key developments in Egypt since the 2011 revolt that led to the overthrow of former president Hosni Mubarak after 30 years in power: — 2011 — – 25 January: Massive protests erupt, after a revolt topples Tunisia’s ruler. About 850 people die in unrest over 18 days.   – 11 February: Mubarak resigns …

Daily News Egypt

5 2 Sara Abou Bakr

Setting the records straight

The year 2013 has not been kind to Egyptians or history books. Twisting facts has become the mantra highlighting this year in Egypt. Between the voices of Hosni Mubarak supporters getting louder and pro-Morsi team chanting “legitimacy”, accusations of 30 June protesters of being “army lovers” while others prodding Al-Sisi to run for presidency, the …

Sara Abou Bakr

Dr. H.A. Hellyer

Egypt has to learn the lesson

It’s almost boring. Earlier this week, Ahmed Maher, Ahmed Douma and Mohammed Adel, three veteran activists, were each sentenced to three years in jail and fined EGP 50,000. Two thoughts occurred to me: one, if the fine was multiplied by 10,000, then that would be the only way such sentences could possibly have any sort …

H.A. Hellyer