Back to the complete issue
Wednesday, 31 October 2018

Economist’s release on bail tops int’l coverage of Egypt

Topping coverage of Egypt in the foreign press this morning is economist Abdel-Khalek Farouk’s release on bail, after he was detained and accused of spreading fake news ahead of the publication of his new book. The AP has the story. Farouk’s arrest means Egypt’s crackdown on dissent has expanded to include dissenting economists, Zvi Bar’el writes for Haaretz.

News that the Interior Ministry intervened to stop a potato shortage from turning into a crisis is also making the rounds.

Other headlines worth a look:

  • Egypt’s prosecutor general referred 43 people to military trial on Monday for their involvement in the deadly attack that killed 16 policemen in Wahat last year, Ahram Online reports.
  • Victims of organ trafficking are forced to sign papers claiming they’re donors, France 24 reports.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.