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Latest in Tag: reports


Managing editor Rana Allam

The media talks to ghosts

On Thursday 4 July, state owned news agency MENA and several international agencies, reported that the Supreme Guide of the Muslim Brotherhood, Mohamed Badie, was arrested along with his deputy Khairat El-Shater.  We published the news. On Friday 5 July, Badie was giving a speech from the Rabaa Al-Adaweya sit-in where thousands of his supporters …

Rana Allam

Ministry of Finance to issue more FRNs

The Ministry of Finance has reported it will issue an additional EGP one billion in Floating Rate Notes (FRNs) by the beginning of October. FRNs are bonds with a variable interest rate that changes every six months and is tied to a certain money-market index. According to experts, FRNs provide protection to investors against drops …

Islam Serour

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