Suez Canal expects return to normal traffic by mid-2026 as Maersk, CMA CGM return    Gaza death toll rises as health crisis deepens, Israel's ceasefire violations continue    Turkey's Erdogan to visit Egypt in early 2026 as Cairo pushes for Palestinian technocratic committee    Egypt's "Decent Life" initiative targets EGP 4.7bn investment for sewage, health in Al-Saff and Atfih    Egypt, Spain discuss cooperation on migration health, rare diseases    Egypt, Oman eye deeper industrial integration through Sohar Port    Egypt, Armenia sign cooperation protocol to expand trade and investment    Three Chinese firms to invest $1.15bn in Egypt's Sokhna industrial zone    Egypt, Viatris sign MoU to expand presidential mental health initiative    Gold, silver rise on Tuesday    Oil prices dip on Tuesday    URGENT: IMF reaches staff-level deal with Egypt on fifth, sixth reviews    Egypt signs EGP 500m deal with Titan to build three waste treatment facilities in Sharqeya    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    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    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Around EGP 20bn spent on campaigning during parliamentary elections
Figures are approximate because candidates usually manipulate the actual figures spent on campaigns, the report states
Nourhan Fahmy Published in Daily News Egypt on 22 - 11 - 2015

Approximately EGP 20bn was spent on electoral campaigns ahead of the 2015 parliamentary elections, reported the Arab Union for Combating Economic Crimes and Money Laundering.
The figure was obtained with the assistance of regulatory bodies and economic experts.
The report, issued by the Arab Union on Sunday, details the maximum amounts that should be spent on electoral campaigns, depending on whether it is intended for an individual seat or a party list.
According to law 45/2014, the maximum amount set for campaign funding for individual seats is EGP 500,000, whereas an amount of EGP 2.5m is set for party lists composed of 15 seats, and triple that amount for lists with 45 seats.
Therefore, given that the total number of candidates is 5,420 running for individual seats, the total amount that should be spent for individual seats in both the first and second rounds is EGP 2.7bn, according to the report.
The report mentioned that the figures are approximate because candidates usually manipulate the actual figures spent on campaigns.
Spending is commonly distributed between ATL (Above the Line) advertising including TV and radio ads and billboards, and BTL (Below the Line) advertising including the use of social media, newspapers and magazines.
Other forms of campaigning include holding conferences, gifting voters, providing medical and other services, and outright vote-buying.
The increased spending was apparent in a few uncommon incidents that included a candidate renting a helicopter that circulated the airspace above the electoral district, as it dropped gifts to the residents. Meanwhile, another candidate brought a caged lion that accompanied him during his tour, amid tight security presence.
Headed by Belal Al-Nems, and former assistant to the Interior Minster Major General Ismail Ezz El-Din, the Arab Union for Combating Economic Crimes and Money Laundering was established in October 2014, comprising members from different Arab states.

Clic here to read the story from its source.