Russian President Vladimir Putin said he supported Egypt’s Field Marshall Abdul Fattah al-Sisi in his bid for presidency. Mr Sisi visited Moscow in order to discuss an arms deal while Mr Putin used the occasion to mention that he was “aware” of Sisi’s presidency bid. Cairo has not delivered an official statement on the issue. […]
Egypt
Egypt/Russia: the Russian arms deal
On a two-day visit to Moscow, Egyptian army chief Field Marshal Abdel Fattah al-Sisi was on Wednesday accompanied by Foreign Minister Nabil Fahmy to seal a lucrative arms deal and discuss areas of cooperation “in multiple fields”. The US$2 billion arms deal will mainly be funded by Saudi Arabia and the UAE. The expected Russian […]
European Bank outlines its priorities in Egypt
The European Bank for Reconstruction and Development (EBRD) has placed a great deal of interest in the Egyptian private sector and with a total budget of €688m dedicated to investments in 30 projects in Egypt and other regional countries such as Morocco, Tunisia and Jordan. With nine projects over the past 18months, the bank has […]
Latest Allegations:General al-Sisi to Run for Egypt’s President
Kuwaiti newspaper has reported citing well-informed sources close to Egypt’s military that the country’s chief of army, General al-Sisi, “has no choice but to meet demands of Egyptian people” and contest for the office of President. Egypt claims that General had been misquoted saying that he would announce such an important decision only to Egyptians […]
Egypt:Running or not Running for Presidency, but Rumors Keep on Going
Reports by Kuwaiti Daily claiming that Egypt’s Field Marshal Abdel-Fattah El-Sisi is going to run for presidency were denied by the military’s spokesman Colonel Ahmed Mohammed Ali. He referred to the report as the Kuwaiti Daily’s own “interpretation”. The original statement of El-Sisi was posted on his official Facebook page. Expected to run for president, […]
Still Short of USD:Egypt’s Booming Foreign Currency Black Market
Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]
Morsi’s Supporters Acquitted: Freedom of Speech at Stake?
An Al Jazeera cameraman who has been in detention in Egypt has been acquitted along with 61 other defendants. The men, most of whom have reportedly ties to the outlawed Muslim Brotherhood, were accused of organizing demonstrations followed by clashes in Cairo as well as of an attempted murder. Morsi’s supporters were protesting against his […]
Egypt’s Army Chief Sisi Endorsed to Run for Presidency
A presidential bid by the Egypts’s army chief Abdel Fattah al-Sisi has been endorsed by the country’s military body earlier this week. The announcement came just hours after Sisi was promoted to field marshal. Sisi who has not yet officially announced his intentions enjoys wide popularity throughout the North African country where he is largely […]
Egypt’s Presidential Election before Parliamentary Vote Poll
Egypt’s interim government has announced that the presidential vote will be held earlier, before parliamentary poll, than as originally foretold by the militia-backed authorities. This decision is allegedly designed to encourage further speculations over whether army chief General Abdel Fattah al-Sisi will stand for presidency. The general is being supported by many groups after he […]
Amnesty International : Unprecedented Violence in Egypt
Since the army toppled Islamist ex-President Mohamed Morsi in July last year, the country has been witnessing violence “on the unprecedented scale”, according to the Amnesty International. The advocacy accused the Egyptian police of regular abuse of competencies and noted that human rights and civil liberties are being antagonized. According to the Amnesty’s report that […]









