Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    SCZONE showcases investment opportunities to eight Japanese companies    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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
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.