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Some private sector Gulf investors have said they would not come back to Egypt without collateral to secure their funds, in response to judicial cases raised against their projects following the 2011 ouster of former president Hosni Mubarak.
Ibrahim said that the Ministry’s revenues decreased by 35% from EGP 1.273bn during the 2009-2010 fiscal year to EGP 772m during the 2010-2011 fiscal year.
“Human rights activists are a source of nuisance for suppressive regimes”
No investigation into 35 activists for receiving foreign funding, says prosecution
Decision to suspend military and financial aid still undecided
By Sahar Aziz and Hany Thabet The executive’s latest draft governing non-governmental organisations (“NGO Law”) is a harbinger of what is to come – a brand of social reform that suppresses independence and plurality in civil society not much different than that state of affairs under Egypt’s deposed former president. Soon after it was released, …
€40m to build third phase of Cairo Metro
Under the auspices of Prime Minister Hisham Qandil, Cairo-based Beltone Financial Holding launched a three-day conference on the future of investment in Egypt, titled New Dawn. The conference aims to provide a platform for discussion presenting delegates from regional and global sovereign funds, investors, and institutions the opportunity to meet the government’s top officials, political …