Indonesian transit fee proposal and US threats against Iranian oil ships heighten alarm over Strait of Malacca    CIB launches three-year certificates with competitive fixed, variable returns    Banque du Caire launches three-year certificate at 17.25% monthly yield, 18-month deposit at 22%    Pentagon to withdraw 5,000 troops from Germany over Iran war dispute    Egypt introduces energy-efficiency rules for roadside billboards    Egypt's space agency signs cooperation agreement with Italy's SITAEL    Egypt, TotalEnergies discuss renewed push into Mediterranean gas exploration    Iran warns of 'unprecedented' response as US escalates pressure in Strait of Hormuz    Defence Minister oversees 'Badr 2026' live-fire drill    Egypt drafts sweeping 355-article Family Law to overhaul century-old personal status regulations    Egypt, Japan's Hiroshima University agree dual master's programme, scholarships    Sisi meets Hiroshima University head as Egypt deepens Japan education ties    Health Minister discusses strengthening cooperation with Institute of National Planning    Egypt, Kenya deepen health, pharmaceutical cooperation to strengthen African health security    Al Ismaelia secures EBRD financing to drive ESG-led redevelopment in Downtown Cairo    Egypt discovers statue likely of Ramesses II in Nile Delta    Egypt to switch to daylight saving time from 24 April    Egypt upgrades Grand Egyptian Museum ticketing system to curb fraud    Egypt unveils rare Roman-era tomb in Minya, illuminating ancient burial rituals    Egypt, Uganda deepen economic ties, Nile cooperation    Egypt launches ClimCam space project to track climate change from ISS    Elians finishes 16 under par to secure Sokhna Golf Club title    Egypt proposes regional media code to curb disparaging coverage    Egypt extends shop closing hours to 11 pm amid easing fuel pressures – PM    Egypt hails US two-week military pause    Cairo adopts dynamic Nile water management to meet rising demand    Egypt, Uganda activate $6 million water management MOU    Egypt appoints Ambassador Alaa Youssef as head of State Information Service, reconstitutes board    Egypt uncovers fifth-century monastic guesthouse in Beheira    Egypt completes restoration of colossal Ramses II statue at Minya temple site    Sisi swears in new Cabinet, emphasises reform, human capital development    M squared extends partnership for fifth Saqqara Half Marathon featuring new 21km distance    Egypt Golf Series: Chris Wood clinches dramatic playoff victory at Marassi 1    4th Egyptian Women Summit kicks off with focus on STEM, AI    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Egypt in International Media
Published in Albawaba on 02 - 04 - 2015

The New York Times
Mixed Messages in Egypt's Military Aid
In announcing sweeping changes to Egypt's military aid package on Tuesday, the Obama administration used both punishment and incentives to set a new tone for a frayed relationship with a crucial ally.
The United States took a long-overdue step that amounts to shredding Egypt's credit card. Starting in fiscal year 2018, Egypt will no longer be eligible for cash flow financing, a mechanism that allowed the nation to place multimillion-dollar orders for American-made military equipment years in advance, under the assumption that Congress would continue to set aside $1.3 billion in military aid year after year. Taking away that privilege will make it easier for the American government in the future to suspend, limit or condition aid, if it chooses to.
Also starting in 2018, American officials will be able to exert greater control over the type of weapons Egypt gets, which will allow the United States to focus aid on counterterrorism capabilities and toward investments in maritime and border security. The Egyptian government has historically favored acquiring tanks and warplanes in seeking to build a strong conventional military force.
Read more: http://www.nytimes.com/2015/04/01/opinion/mixed-messages-in-egypts-military-aid.html?_r=0
Bloomberg View
Arming Egypt Is a Necessary Evil
President Barack Obama's decision to lift the partial embargo on military aid to Egypt is a harsh nod to reality. The Obama administration has long claimed it would lift the embargo only if Egypt showed "credible progress" toward restoring democracy. Yet given the various crises in the Middle East and North Africa, the shutoff of arms to Egypt no longer made sense.
Read more: http://www.bloombergview.com/articles/2015-04-01/arming-egypt-is-a-necessary-evil
Haaretz
Egypt's Dubai envy won't save its economy
The plan, unveiled by Egyptian Housing Minister Mostafa Madbouly at the Egypt Economic Development Conference, is to build a new capital in the desert east of Cairo, no less. And not just a capital, but one of superlatives. In 10 or so years, if the plans keep to schedule, the as yet unnamed city will house between five and seven million people on a 700-square kilometer site.
The gigantism and bravado of the plan all sound like Las Vegas. But Egyptian leader Abdul Fattah al-Sisi's real inspiration is quite obviously the Gulf city-state of Dubai, which has transformed itself from a backward fishing village into a place whose strategy could be described in three words: over the top.
If Egypt wants to look around the region for a model, it would do better to turn to Turkey.
Turkey's economic achievements over the last decade have often been overpraised, not the least by its prime minister himself.
Read more: http://www.haaretz.com/blogs/david-s-harp/.premium-1.650021
Reuters
Egypt's grand mufti: No justification for terror in any religion
There is no true religion that does not regard the sanctity of human life as one of its highest values, and Islam is no exception. Indeed, Allah made this unequivocal in the Qur'an. He emphasized the gravity of the universal prohibition against murder, stating that when a person takes even one life, "it is as if he has killed all mankind."
Egyptians are still torn by grief for the 21 countrymen who were horrifically beheaded in Libya. It was an exceptionally sad day for the Egyptian nation to have to watch a video of its citizens massacred by a group of thugs. The scenes of bloodbath are heart-wrenching in their severity.
This grisly crime finds no justification in any reasonable understanding of any religion. Only extremists who have perverted the essence of Islamic teaching could countenance the idea that our religion of mercy and reason might allow the killing of innocent workers earning money so their families can live dignified lives.
Read more: http://blogs.reuters.com/great-debate/2015/03/31/no-justification-for-terror-in-any-religion/


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