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Richard Banks

A vital autumn for Cairo’s policy-makers

  Egypt has recently been the subject of a number of deeply unflattering articles in the international business media.  Many criticisms have been levelled at the actions, and inaction, of Cairo’s economic policy-makers. These criticisms have not made many friends in Egypt—so I do not propose to repeat them. I also think that, like much …

Richard Banks

Sanctions are what truly keep bankers awake at night

The pressing issues for banks today are many. Apart from known concerns like capital and figuring out how to comply with the requirements of Basel III, I see that the enforcement of sanctions and embargoes is the nightmare that is really keeping bankers awake at night. Let’s start with the obvious. Sanctions and embargoes are …

Hany Aboul Fotouh

Saudi Arabia: a victim of hate campaigns

  Do not expect to hear a good word about the Kingdom of Saudi Arabia on any Western media outlet these days. There is growing evidence of an international campaign built on exaggerations to blacken the country’s reputation and undermine its regional leadership standing. This only serves as a gift to the Iranian media and …

Khalaf Al Habtoor

Opinion: Questionable attitude

There is no disgrace in losing to Bayern per se, but the way Bremen capitulated is unacceptable. DW’s Sarah Wiertz questions the attitude of many on the team and argues that they are missing a specific sort of player.

Deutsche Welle

Part 1: TV news branding and the process of change

  The news ticker, or crawler as it is sometimes referred to, was first introduced in the United States on the NBC Today Show in 1952. After just a few months, the channel retired the idea. However, it eventually made a comeback. The news ticker was reintroduced in the 1980s on local TV news channels …

Nebras Hameed

Egypt’s 21st century witch-hunts

Imagine this: you are sitting, sipping a cup of coffee in the morning and sifting through the pages of a literary weekly, Akhbar Al-Adab, and you happen upon this excerpt from a book. You read it and you are shocked. It has indecent sexual content and the characters are also smoking hashish! You can’t handle …

Mohanad Elsangary

The Mercedes story

This week has been full of contradictory talk around rumours that Mercedes-Benz Egypt is looking to exit the local market, what the dealership’s stance is on the matter, and whether it will choose to actually exit the market. Mercedes’ position is as it always has been. There have been assurances that Arab investors have already agreed …

Mohamed Aboul-Fotouh

With mosques under surveillance, IS turns to soccer for recruitment

Abu Otaiba, the nom du guerre of a self-taught imam and Islamic State (IS) recruiter in Jordan, uses soccer to attract recruits. “We take them to farms, or private homes. There we discuss and organise soccer games to bring them closer to us,” Abu Otaiba told The Wall Street Journal in a recent interview. Abu Otaiba …

James Dorsey

Apart from state repression, why has democracy failed in Egypt?

­­­The only authentic attempt to establish democracy in Egypt—the revolt against Mubarak in 2011— was a complete failure. There is no doubt that Mubarak’s entourage played a major role in bringing Egypt back to square one. Nevertheless, Egyptian politicians and revolutionaries should admit that they too bear a large part of the responsibility; a proper …

Mohammed Nosseir

Suicide Squad marks the suicide of superhero movies

  Long gone are the days when Hollywood could produce a decent summer blockbuster that is not a superhero movie or part of a movie franchise. As of 2016, Marvel is the studio that currently dominates this field, with at least two wide releases every year for four years now. Since 2008, when Marvel decided …

Ahmed El Goarany

‘Us’ v ‘them’

It has been just over three years since the dispersal of the Rabaa Al-Adaweya and Nahda sit-ins. It has been over three years since one of the biggest state perpetrated and sanctioned massacres in modern human history, as described by Human Rights Watch, and unless you marked the day of the anniversary­—14 August—you probably haven’t …

Mohanad Elsangary

Mohamed Khan: knight of the defeated

Mohamed Khan has died?! This was the question of denial that followed the tragic news of his death. His death was followed by nothing but the silent sneaking of absence. Khan—king of reality—is no longer in real life. There is something that cannot be said in one sentence—something that still does not mitigate the suddenness …

Nahed Salah

The Rabaa dispersal: a distorted dilemma?

Three years ago, on 14 August, the last thing anyone expected to watch on television in an Edinburgh pub was live coverage of the Rabaa Al-Adaweya sit-in dispersal in Egypt. The act had been brewing for quite some time by then and approved by people like myself. I belong to those who saw the necessity of confronting …

Kareem Megahed

Egypt’s parliament and expectations for legal reform: franchising law

Private sector development is still a huge challenge for Egypt’s economy. The business climate should be one of the prime targets for the government, particularly as Egypt dropped down in the Doing Business ranking for 2015–2016. There could not be a better time to take the necessary legal steps to improve the business climate in …

Radwa Elsaman

The IMF loan: a possible success or failure?

Some people adopt points of view based on a somewhat ideological basis. At the moment, some people either accept or refuse the idea of obtaining a loan from the International Monetary Fund (IMF), despite many countries having made good use of their loans—though some have not. While writing this article I discovered that Al-Youm Al-Sabea …

Moataz Bellah Abdel-Fattah

Erdoğan v Gulen: power struggle comes full circle in Turkish soccer

Politics’ incestuous relationship with soccer came full circle this week with the mass resignation of executives from the Turkish football federation and the firing of scores of officials, including referees, as part of the government’s witch-hunt against followers of controversial Islamic preacher Fethullah Gulen and other government critics. Intended to facilitate the weeding out of …

James Dorsey

Smile, shake hands, and ignore sectarian violence

Perhaps what is even more predictable than the sporadic occurrence of sectarian violence in Egypt throughout the past few decades is the official rhetoric: denying that the incident ever took place, followed by admitting that it did when mounting public pressure threatens to delegitimise their stance, followed by the “isolated incident” proclamation and a reconciliation …

Mohanad Elsangary

The Coptic Church’s Faustian bargain

It didn’t take long for the regime to crack down on Islamist and secular opposition after the military takeover on 3 July 2013. Anyone speaking out against regime injustices was discredited as a Muslim Brotherhood member and loyalist to the deposed president Mohamed Morsi. In a sense, a great opportunity was afforded to Coptic Christians to …

Wael Eskandar

Waiting in prison is a duty

Everything and every action counts. It is not up to you to make decisions; you are restricted. You were placed behind a heavy metal door, which leaves a heavy impact on your soul. You move in a narrow space and have nothing but your bedding, which is used for all your activities, whether sleeping, sitting, …

Zizo Abdo

How Egyptians’ morals justify immoralities

Inspired by their own logic and aided by their talent in justifying their sins, Egyptians tend to transform their disgraceful acts into morally acceptable practices. Living in a country where honour and integrity have been declining steadily over the years, has led many Egyptians, unconsciously, to acknowledge immorality as a cultural norm. Unfortunately, this kind …

Mohammed Nosseir

Cairo’s economic fog

Al-Sisi appears to lack fundamental understanding of the potential economic and political damage that a soaring US dollar can do to a mangled Egyptian economy

Amr Khalifa