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EIPR: Independent committee would help ease the process of recovering Egyptian funds smuggled abroad
The last two weeks were not a huge surprise. For some, it seems that the last couple of weeks were the result of a strategy by forces opposed to the presidency of Mohamed Morsi—that the violence was planned, arranged, and implemented. There is a corresponding logic to that line of thought—that had the violence not …
Mubarak-era assets in Switzerland are frozen pending new law allowing for expatriation of funds
Despite court rejection, government has vowed it would be reviewing legislation to allow for repatriation
Taskforce says process will be lengthy, recovered funds will not ‘save economy’
The Federal Criminal Court of Switzerland denied representatives from the Egyptian government access to the file on the case against former regime members, saying that the “institutional situation of the country” was a significant factor in the ruling.
Former regime members use current situation in Egypt to convince court to block access to the file by Egypt’s representatives
Funds to be returned after convictions secured for former regime members.
DUBAI: Reichle & De-Massari (R&M), the Swiss structured cabling specialist, announced the introduction of a new partnership program in Egypt which is specifically designed to enhance partners’ technical proficiency in R&M products and to boost their profitability. R&M MEA is implementing this new partner initiative in order to strengthen its channel in the region and …