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EgyptSource
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Top News: Egypt Expected to Sign IMF Deal by May 15

Mara Revkin | April 12, 2012
EGX

Egypt's Finance Minister said on April 12 that the Egyptian government expects to sign a $3.2 billion loan deal with the International Monetary Fund by May 15, before the presidential election.

PROTESTS: 

1) The leftist Tagammu’ Party has rejected calls by the Muslim Brotherhood’s Freedom and Justice Party and the Salafi Nour Party for a million-man demonstration in Tahrir Square on April 13 to prevent the revival of former regime remnants. The Tagammu’ statement said that revolutionary forces will not be tricked into joining the demonstration, despite their opposition to presidential candidates associated with the Mubarak regime. Tagammu’ is calling for a second mass demonstration on April 20 to demand the repeal of Article 28 of the constitutional declaration, which bars challenges to election results, and the reformation of the constituent assembly to represent all of Egypt’s social and political forces. [al-Masry al-Youm, Arabic, 4/20/2012] 

ELECTIONS: 

2) Minister for Parliamentary Affairs Mohamed Attiah said that a draft “disenfranchisement” law that would bar former regime members from running for the presidency is “tainted” by political interests and constitutionally suspect.  Attiah added that the government is neutral toward all candidates and that the government trusts the people’s choice for president. [al-Shorouk, Arabic, 4/12/2012] 

3) An administrative court ruling on April 11 did not conclusively confirm the nationality of presidential candidate Hazem Saleh Abu Ismail's mother, but puts the onus for resolving Abu Ismail’s contested eligibility on the Interior Ministry. A final verdict is expected soon. On April 11, the court ordered the Ministry of Interior to present official documentation clarifying the alleged double-nationality of Nawal Nour, Abu-Ismail's mother, who applied for US nationality in 2006. The electoral laws prohibit anyone who holds foreign nationality, or whose parents do, from running for president. Abu Ismail claims his mother was only a green card-holder, not a U.S. citizen. [al-Ahram, English, 4/12/2012] [al-Ahram, English, 4/12/2012] [al-Ahram, English, 4/12/2012] 

4) Omar Suleiman said that he decided to run for president to prevent Islamists from turning Egypt into a "religious state” in which all institutions are controlled by the Muslim Brotherhood. He added that the Brotherhood’s decision to field a presidential candidate “struck horror in the souls of members of the Egyptians society.” [AP, English, 4/12/2012] 

5) Socialist presidential candidate Abul-Ezz al-Hariri announced that he will file an appeal with the Supreme Presidential Elections Commission (SPEC) to bar the Muslim Brotherhood's candidate Khairat El-Shater from running in the upcoming election. Al-Hariri claims that al-Shater’s prior jail sentence – for a conviction on charges of money laundering – disqualifies him from running. [al-Ahram, English, 4/12/2012] 

ECONOMY: 

6) Egypt's Finance Minister said on April 12 that the Egyptian government expects to sign a $3.2 billion loan deal with the International Monetary Fund by May 15, before the presidential election. [Wall Street Journal, English, 4/12/2012] 

7) The number of tourists visiting Egypt declined by 28.6 percent between January 2011 and January 2012, according to official government statistics. [al-Masry al-Youm, Arabic, 4/12/2012] 

Photo Credit: Getty

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About EgyptSource

 

EgyptSource, a project of the Rafik Hariri Center for the Middle East, follows Egypt’s transition and provides a platform for Egyptian perspectives on the major issues – economic, political, legal, religious and human rights – that are at stake in the post-Mubarak era.

If you are interested in submitting an article for publication on EgyptSource, please send an inquiry via email with a short outline of your idea. 

The views expressed in EgyptSource are solely those of the authors and do not necessarily reflect the views of the Atlantic Council, its staff, or its supporters.

 

Follow us on Twitter: @EgyptSource

 

EgyptSource Team

 

Michele Dunne
Director, Rafik Hariri Center 
mdunne@acus.org

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Nancy Messieh
Editor, EgyptSource, MENASource
nmessieh@acus.org 

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Tarek Radwan
Resident Contributor, EgyptSource; Editor, MENASource
tradwan@acus.org

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Faces of Egypt 

 

Journalist and videographer Abanoub Emad explains the drive behind his work: “I want to cover the truth..If it was just a job for me I wouldn't risk my life, but this is what I want to do…and this is what differentiates the quality of work. You can tell who's doing it for the sake of doing it, and who's doing it because it's what they love to do” 

At twenty-two, Amr El Salanekly has won the 2012 Clinton Global Initiative fellowship, co-founded a social incubator and an educational platform for underprivileged kids, turned down a job with Bangladeshi Nobel Laureate Mohammad Yunus’ Grameen Bank, and raised hundreds of thousands of Egyptian pounds for community projects in Egypt.

Check out the rest of the Faces of the New Egypt series here

 

About the Contributors

 

Alaa Al Aswany, the Arab world's bestselling novelist, is the author of The Yacoubian Building, Chicago, and Friendly Fire. His work is published in thirty-one languages worldwide.  Read his EgyptSource posts here

 

Yussef Auf is an Egyptian judge and 2012 Humphrey Fellow at American University’s Washington College of Law. He is currently pursuing a PhD in Constitutional Law and Political Systems at Cairo University. Read his EgyptSource posts here.

 

 

Nadine Abdalla is a PhD Fellow at the German Institute for International and Security Affairs (SWP) in Berlin and a writer for Egyptian newspaper, Al-Masry Al-Youm. Read her EgyptSource posts here. 

Amr Hamzawy joined the Department of Public Policy and Administration at the American University in Cairo in 2011, where he continues to serve today. He is a former member of parliament and a member of the National Salvation Front. Read his EgyptSource posts here

Jayson Casper is a writer with Arab West Report, Christianity Today, and Lapido Media. He blogs on Egyptian politics, religion, and culture at A Sense of BelongingRead his EgyptSource posts here.

Wael Eskandar is a blogger and a writer for Egypt's Ahram Online. He has written for publications like Daily News Egypt and Community Times. Read his EgyptSource posts here.

  

Soraya Morayef is a journalist and writer based in Cairo. She blogs under suzeeinthecity.wordpress.comRead her EgyptSource posts here.

Sultan Sooud Al Qassemi is a UAE based political commentator. He tweets as @SultanAlQassemiRead his EgyptSource posts here.

 

Magdy Samaan is a freelance journalist and a 2011 MENA Democracy Fellow at the World Affairs Institute. Read his EgyptSource posts here.

 

Haitham Tabei is a special correspondent for the Washington Post and Asharq Saudi newspaper in Cairo.

Read his EgyptSource posts here.

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