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Latest in Tag: deals


Egypt biggest arms recipient among developing countries in 2015: US congress

Egypt ranked first among developing nations for importing arms in 2015, bringing in weaponry that amounted to $5.3bn, according to a new US congressional report titled “Conventional arms transfers to developing nations, 2008-2015”. In that same list, Egypt is followed by Iraq and Saudi Arabia, with $5bn and $4.5bn, respectively. Egypt occupied second place on …

Taha Sakr

Egypt issues law barring challenges to state deals

Reuters- Egypt’s interim President Adly Mansour on Tuesday approved a law that would restrict the right to challenge state business and real estate deals to only the government, its involved institutes and business partners, a presidency statement said. The law, long-waited by businessmen and investors, is meant, according to the presidential statement, to boost business …

Daily News Egypt

The EU arms ban on Egypt: a regional response for a limited change?

By Justina Poskeviciute On 21 August, EU foreign ministers called for an emergency meeting in Brussels as a response to the turmoil seen on the streets of Cairo. The EU states have suspended arms export licences for any military equipment that could be potentially used for internal repressions by the Egyptian military. The context in …

Daily News Egypt

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