Latest in Tag: Ahmed Ezz Highlight

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Latest in Tag: Ahmed Ezz

Assets recovery committee Egypt reconciles with Ahmed Ezz for EGP1.7bn

The assets recovery committee, chaired by Prosecutor General Nabil Sadek, decided to reconcile with Egyptian steel tycoon Ahmed Ezz on Wednesday, according to an official statement issued by the General Prosecution office. The committee decided to settle with Ezz in return for a payment of EGP 1.7bn, including EGP 600m already recovered from abroad. Ezz …

Mohamed Samir

Demolition of former National Democratic Party headquarters

The Cairo Governorate has officially issued the license to destroy the former headquarters of the dissolved National Democratic Party (NDP), which ruled under the regime of Hosni Mubarak. According to state media, the building has officially been handed over to the Armed Forces Engineering Authority Saturday to proceed with its demolition. The building was set …

Amira El-Fekki

Parliamentary elections update- 14 February

Al-Wafd condemns state interference Al-Wafd Party’s chairman El-Sayed El-Badawy accused the electoral coalition called “For the love of Egypt” formed by military expert Sameh Seif El-Yazal (formerly Kamal El-Ganzoury’s list) of “choosing their candidates by orders from the state’s sovereign entities”, contradicting previous agreements. However, El-Badawy did not rule out possible alliances between the two …

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

Former top Mubarak regime officials in court

By Bassem Mroue /AP CAIRO: An angry crowd of hundreds taunted three former high-ranking members of ousted President Hosni Mubarak’s regime as they arrived in court for a corruption hearing, screaming “thieves” and “you robbed our money.” Egyptian authorities also imposed a travel ban on two former ministers and the head of state TV and radio …


The youth wanted immediate change, Ezz tells Al-Arabiya

  CAIRO: In an interview with Al-Arabiya Channel, former head of the steering committee of the National Democratic Party (NDP) and steel tycoon Ahmed Ezz said that he holds himself accountable for the party’s political collapse after January 25 revolution. “When I saw the party’s headquarters and other centers burned down, I felt responsible for …


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