Egypt in the News on 26 June 2019: Amr Warda sidelined from Afcon
Amr Warda getting kicked off the national team over harassment tops Egypt coverage: The Egyptian Football Association (EFA) has barred Egyptian national team player Amr Warda from taking part in any further matches during the African Cup of Nations, the EFA said in a statement. Warda came under fire earlier this week after an Instagram model posted several snippets of their conversations, accusing him of [redacted] harassment and aggressive behavior. A complaint was filed against him at the prosecutor general’s office. The Pharaohs will continue the rest of the tournament with 22 players.
No, the Egyptian economy is not in danger of imminent collapse, argues EFG Hermes’ Ahmad Shams El Din in a riposte to Yehia Hamed’s recent FP hit piece on the Egyptian economy. Improving macro indicators and external debt levels that are comparatively favorable to EM averages show that it is actually undergoing a strong recovery, he writes in Foreign Policy, while delivering the following slam-dunk: “[Hamed’s] article will remain nothing more than a polite attempt at political positioning that seeks to muddy the waters of the current government’s financial successes, rather than offer a serious analysis of Egypt’s financial and economic conditions.”