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US halts aid to Egypt

A United States Republican congresswoman blocked the planned cash transfer of $450 million to the Egyptian government On Friday. Texas congresswoman Kay Granger, who heads the Appropriations Subcommittee on State and Foreign Operations, released a statement that read, “this proposal comes to Congress at a point when the US-Egypt relationship has never been under more …

Connor Molloy

What if foreign investment flows in?

Statements on investment and economic achievements made by Mubarak-regime ministers were never met with trust by the general public, while specialists could see that they were nothing more than media fireworks systematically set off to improve the picture of utter destruction the country’s state of affairs had reached. A simple review of the number of …

Mustafa Sakr

A pointless piece of cloth debate

Few hours after Fatma Nabil has read the 12 o’clock news bulletin in her full cream-colored veil, the Egyptian media sphere has quivered with endless controversial discussions on the extent to which the entire country is deliberately being ‘Ikhwanised’. Being the first Egyptian female newsreader ever to appear on Egypt’s state television, the move assuredly …

Daily News Egypt

Review: Columnists debate emergency law, Coptic community and Tahrir Square

Across different Egyptian newspapers, columnists have tapped upon various issues that relate to Mohamed Morsy’s rule. Some writers have condemned the debate over female circumcision; others criticise proposals of the new Justice Minister to reinstate the long-lived emergency law. On another note, some commentators discussed how the deteriorating Tahrir Square is calling upon Egyptians to …

Daily News Egypt

Islamic Sukuk forecast to exponentially increase

The demand for Islamic Sukuk is expected to reach to $900 billion by 2017, according to Ernst & Young’s Global Islamic Banking of Excellence (GIBE) estimates. Ernst & Young’s GIBE reports that the forecasted exponential increase in demand for Sukuk stems from the growth of Islamic banking industry, and the increasing demand for financial tools …

Islam Serour