Egypt to pay $627m in export arrears from August
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
The Egyptian Network for Human Rights (ENHR) announced over the weekend that dozens of protesters were arrested on Friday by Egyptian security forces after demonstrating against the effects of inflation and poor living conditions. It comes as frustration is spilling over because record inflation. According to the New Arab the protests began after Friday prayers, with demonstrators carrying banners with anti-government slogans such as “You've starved us, Sisi”.
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