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Rethinking 24 August

If participating political forces can redefine the day and use it for their interest, it could be of major significance to Egypt’s transition to democracy

Ziad A. Akl

IMF Managing Director to visit Egypt

By Islam Serour Managing Director of the International Monetary Fund (IMF), Christine Lagarde, is scheduled to visit Cairo on 22 August for further discussions with President Mohamed Morsy over a possible IMF loan to Egypt. It has been reported that an IMF mission, led by Masood Ahmed, the IMF director for Middle East and Central …

Daily News Egypt

President Mohamed Morsi (R) meets with retired former Defence Minister and Field Marshall Hussein Tantawi (C), and retired Armed Forces Chief of Staff, Sami Anan (L) at the presidential palace in Cairo on 14 August AFP PHOTO / HO / MENA

Egyptian business community ponder Morsy’s decisions

By Mostafa Salah, Enaam el-Adawy, Nihal Monir and Wafaa Abdelbary The business community is in a state of cautious anticipation following the decision taken by President Mohamed Morsy to retire Supreme Council of Armed Forces (SCAF) and Field Marshall Tantawi and Lieutenant General Anan. Ahmed Alwakel, President of Federation of Chambers of Commerce (FEDCOC), said …

Daily News Egypt

New Defence Minister Abdel Fattah al-Sissi (left) has continued to make new appointments to some of the top ranks in Egypt’s military, pictured here with President Mohamed Morsi at the presidential palace in Cairo on 13 August AFP PHOTO/HO/EGYPTIAN PRESIDENCY

Morsy appoints new military commanders

Staff Major General Abdel-Moniem Bayoumi Al-Terras has been appointed Commander of the Air Defence Forces, Staff Air Vice-Marshal Younes El-Sayed Hamed was made Commander of the Air Force and Staff Rear Admiral Osama Ahmed Ahmed El-Gendy is now Commander of the Navy.

Ahmed Aboulenein

Presidential spokesperson denies dropping farmers’ debts

By Islam Serour The President’s spokesman, Dr Yasser Ali denied rumours about dropping the debts of 62,000 farmers, indicating that the decision is still undergoing study and research. The rumour originated on the ‘Kolena Wael Ghonem’ (“We are all Wael Ghonem”) Facebook page which stated, “Morsy drops EGP 109 million of debts to the agricultural …

Daily News Egypt

Qatari loan to Egypt secured

By Islam Serour President Mohamed Morsy announced Sunday a $2 billion loan from Qatar to the Central Bank of Egypt (CBE), after meeting with the Qatari Emir Sheikh Hamad bin Khalifa Al-Thani in Cairo. In his first visit to Egypt Khalifa Al-Thani agreed to supply the Egyptian economy with the foreign currency deposits to bolster …

Daily News Egypt

Egyptian Prime Minister Hisham Qandil (C)prepares to lead the prayer over the coffins of the 16 soldiers killed during an attack on a border crossing post in Northern Sinai, during their funeral on August 7, 2012 in Cairo, Egypt-AFP PHOTO/GIANLUIGI GUERCIA

Qandil’s faux independents

The fact that a quarter of ministers in Prime Minister Hesham Qandil’s cabinet remain in posts they held in his predecessor Kamal El-Ganzouri’s cabinet is only the tip of the iceberg

Ahmed Aboulenein

Ending the Legacy of Hatred

Egyptians reacted with shock and grief to the news of an armed attack on an Egyptian border post in North Sinai earlier this week. The fact that the attack occurred just as the victims—more than 16 Egyptian border guards—were breaking their Ramadan fast made the deadly incident all the more tragic. Speaking to reporters after …

Shahira Amin