Egypt targets narrower budget deficit of 7 pct in 2019/20 – ministry document

CAIRO, Nov 15 (Reuters) – Egypt is targeting a budget deficit of 7 percent of GDP for the 2019-20 fiscal year that begins in July, compared with 8.4 percent in the previous year, according to a preliminary finance ministry budget draft. The budget deficit is expected to reach 427.8 billion Egyptian pounds ($23.84 billion) in 2019-20. The 92-page document that […]

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Egyptian authorities detain daughter of senior Muslim Brotherhood leader

CAIRO (Reuters) – Egyptian security forces have detained the daughter of former presidential candidate and senior Muslim Brotherhood leader Khairat al-Shater, family members and two security sources said on Thursday. Aisha al-Shater was one of six women arrested overnight. They also included Huda Abd al-Moneim, a lawyer and member of the now-banned Muslim Brotherhood. The Interior Ministry could not immediately […]

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How Saudi-Friendly Middle East Dictators Are Handling The Jamal Khashoggi Scandal

WASHINGTON ― Some of the most prominent U.S. foreign policy figures urging a tough response to the killing of Saudi journalist Jamal Khashoggi are earning thousands of dollars each month from the United Arab Emirates, Saudi Arabia’s closest partner and a vocal defender of the Saudi narrative about how he died. It’s a stunning situation that underscores how Middle East […]

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Greece, Egypt back Cyprus gas exploration

In this photo released by Greek Prime Minister’s office, Greek Prime Minister Alexis Tsipras, left, and Egyptian President Abdel-Fattah el-Sissi shake hands in Elounda, on the Greek island of Crete on Wednesday, Oct. 10, 2018. Tsipras, el-Sisi and Cypriot President Nicos Anastasiades attend their trilateral summit in Greece. (Andrea Bonetti/Greek Prime Minister’s Office via AP) The leaders of Greece and […]

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Greece, Cyprus, Egypt eye expanding Med energy deals

The leaders of Greece, Egypt and Cyprus are meeting on the island of Crete to discuss furthering regional cooperation, including oil and gas exploration rights in the east Mediterranean and efforts to combat illegal immigration to Europe. Greek Prime Minister Alexis Tsipras on Wednesday hosted the sixth meeting with Egyptian President Abdel-Fattah el-Sissi and Cypriot President Nicos Anastasiades. Continue Reading […]

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U.N. rights boss Bachelet urges Egypt to overturn mass death sentences

GENEVA (Reuters) – U.N. human rights chief Michelle Bachelet on Sunday urged Egypt’s appeals court to overturn mass death sentences handed down by a lower court after what she said was an “unfair trial” and criticized a law giving immunity to senior security forces. Former Chilean president Michelle Bachelet speaks from her office at the Palais Wilson on her first […]

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Egypt sentences 75 people to death, hundreds to jail over 2013 sit-in

Rights groups say over 800 protesters died in the single most deadly incident during the unrest that followed Egypt’s 2011 popular uprising. A criminal court sentenced to death by hanging several prominent Islamists including senior Brotherhood leaders Essam al-Erian and Mohamed Beltagi and preacher Safwat Higazi. Muslim Brotherhood spiritual leader Mohamed Badie and dozens more were given life sentences, judicial […]

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