Climate finance must be fairer for emerging economies: Finance Minister    Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives    Cairo intensifies regional diplomacy to secure support for US Gaza resolution at UN    Egypt unveils National Digital Health Strategy 2025–2029 to drive systemwide transformation    Minapharm, Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    ADCB launches ClimaTech Accelerator 2025    Egypt's FRA approves first digital platform for real estate fund investments    Egypt signs 15-year deal with Deutsche Bahn-El Sewedy consortium to run high-speed rail network    Egypt extends Eni's oil and gas concession in Suez Gulf, Nile Delta to 2040    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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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