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Egypt banks under fire for alleged funds smuggling

By Nasser Youssef and Mahmoud Sheneshan An investigative report conducted by the BBC hinted at the involvement of the Egyptian banking system in transferring funds abroad for figures of toppled Egyptian president Hosni Mubarak’s regime. The report said that part of the funds were smuggled abroad by banks that were not subject to the supervision …

Daily News Egypt

Where the shoe pinches

By Mohammed Ali Ibrahim the former editor in chief of both The Egyptian Gazette and Algoumhoria newspapers In 1928, Muslim Brotherhood founder, Hassan Al-Banna, adopted an approach to critics and skeptics which his followers and loyalists still adhere to today. His method was to shun reasonable argument or debate, opting instead for criticism and shouting …

Daily News Egypt

Review: Columnists touch upon state media and political participation

Egyptian commentaries have explored an assortment of subjects. Many have continued to analyze the rising wave of political Islam, whereas others have addressed the challenges facing Egypt’s state media and the lack of interest in active political participation.   Wael Kandil The legend of the last Minister of Media Al-Shorouk newspaper The status of Egypt’s …

Daily News Egypt

Government to enforce Competition Protection Act

The government plans to re-enforce article 10 of the Competition Protection and Monopoly Prevention Act (CPMPA), according to Minister of Industry and Foreign Trade Hatem Saleh. The Citizens Against Price Rise Association (CAPRA) recommended reviving article 10 of CPMPA, which stipulates that the prime minister has the right to set the price of one commodity …

Islam Serour

Editor’s letter: The fading of moral references

While riding home in a taxi one night last week, a small truck packed with five or more young men in their early twenties was driving in front of us. The exuberant-looking group seemed to be cruising the city while enjoying dinner in the back of their truck. All of a sudden, after they had …

Maher Hamoud

No Military Trials activist Salma Abdelgelil Photo by Rachel Adams

NoMilTrials: Arresting change

Despite the worrying number of men and women still facing military trial in Egypt, one grass-roots movement has succeeded in alerting the public to the need for change. Rana Muhammad Taha speaks to No Military Trials activists Salma Abdelgelil and Mohammad Fouda about the group’s development.

Rana Muhammad Taha

Review: Sinai, Morsy’s independence and liberal powers

Although President Morsy has commenced his first trip to China, which will be followed by a unique trip to Iran, most columnists across Egyptian newspapers have not touched upon the presidential trips. Opinion writers commented on the importance of Morsy’s independence from his Islamist group and some have warned against possible occurrences of violence and …

Daily News Egypt

Internal Memo 21581-2012

The army is one of the country’s largest and richest business empires and it is too integral to our economic interests to have it ran this way

Mahmoud Salem

Opinion pages kept busy with 24 August protests and Morsy’s visit to Iran

As three days passed after the 24 August anti-Morsy protests were organised, columnists have continued to analyse the repercussions of the demonstrations. Some writers condemned the entire notion, while highlighting angles and reasons of failure, others praised the move describing it as one of the first successful trials of democracy and one of the most …

Daily News Egypt

A useful idiot

  Egyptian political theatre never fails to entertain, and its latest clowns and the sheer absurdity of their demands made for quite a show in these last few weeks. Mohamed Abu Hamed’s call for a “revolution” to end the rule of the Muslim Brotherhood and what he dubbed as the “ikhwanisation of the state” is …

Mohamed El-Bahrawi

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