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U.S. Aid to Egypt Should Hinge on Rule of Law

The United States Department of State announced three weeks ago that it would withhold $95.7 million in aid from Egypt and delay a further $195 million because of the country’s lack of respect for human rights. This decision surprised analysts as much as it reportedly startled the Egyptian government. Recent …

The business of war: Egypt, others eye reconstruction bids

The Syrian regime has intensified its call for investors to help rebuild the country, and Egypt is answering. For five months, Syrian officials have met with Egyptian, Chinese, Indian, Russian and Omani investors. Iranian investors and European companies have also expressed interest.

Switzerland halts ‘mutual legal assistance’ with Egypt in Mubarak family funds case

Swiss judicial authorities have decided to halt mutual legal assistance to the Egyptian government in the investigations into the funds of former President Hosni Mubarak, his family and others, as the investigations have not yielded any tangible results, according to a statement issued by the Swiss Embassy in Cairo on …

Shock and confusion in Egypt over US aid cut

When Donald Trump was elected US president in November 2016, Egyptian President Abdel Fattah al-Sisi was the first world leader to congratulate him on his win amid rife speculation that the Trump era would herald warmer ties with Egypt. After all, this was the man who as a presidential candidate had called Sisi …

Sisi: Egyptian economy rises in spite of ‘terrorism war’ costs

President Abd al-Fattah al-Sisi stated, on Monday, that Egypt has been dealing with its economic crisis, in spite of increased costs in the field of anti-terrorism. The country adopted a national strategic plan for 2030, following the same linear plan as the development agenda for 2030 and the Africa agenda …

Egypt arrests government official, five businessmen over corruption charges

Egypt’s Administrative Control Authority (ACA) arrested yesterday the deputy governor of the country’s coastal city of Alexandria, Soad EL-Kholy, along with five businessmen over corruption charges, Anadolu Agency reported.

Egypt’s Sisi ‘must meet six conditions’ to win back US aid from Trump administration

Egyptian President Abdel Fattah al-Sisi must meet six conditions set by the United States to ensure the resumption of financial aid to Cairo, diplomatic sources have said.

Cutting Off Cairo

The Trump administration’s decision earlier this week to withdraw nearly $100 million in assistance to Egypt and suspend almost $200 million more is significant for two reasons. First, most of those funds are for military assistance, which has not been cancelled before, whereas economic assistance has been on a number …