https://www.the-american-interest.com/2011/12/01/a-leaner-meaner-brotherhood/
The American Interest
Egypt s Muslim Brotherhood is becoming smaller and more dangerous.
Now that former Egyptian President Hosni Mubarak is standing trial and the ruling military junta has promised free and fair presidential elections after an interim phase, the long-repressed Muslim Brotherhood thinks its moment may have arrived. It has been the most popular and best-organized opposition group in Egypt for decades, so it seems to follow that it should win more votes than anyone else even if it doesn’t win an outright majority.
Yet the Brothers didn’t make “the revolution”, as people both inside Egypt and beyond like to call what happened in Cairo this past winter. No one movement did. And now that the Islamists are no longer locked in a dialectical struggle with a one-man regime (Mubarak’s National Democratic Party no longer even exists), they are beginning to crack into factions. The politi
Égypte: Un couple de journalistes libéré après plus d un an de détention lematin.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lematin.ch Daily Mail and Mail on Sunday newspapers.
Egypt has freed prominent dissident journalist and politician Khaled Dawoud after more than 18 months in detention, a fellow journalist and a lawyer said Tuesday.
A former head of the liberal opposition Dostour party and a senior journalist for the English edition of state newspaper Al Ahram, he had been arrested in September 2019 after rare anti-government protests. At around 5:00 pm on Monday, a police official informed us that the prosecutor had decided to release him, said Hisham Younes, a member of Egypt s press club. He got out at around midnight. no charges were brought against him.
Lawyer and rights activist Khaled Ali said on Facebook that the prosecution had decided to free Dawoud.
Paymob completes $18.5 million Series A funding
Image courtesy of Paymob
Egypt-based fintech startup Paymob has raised $18.5 million in its Series A round, led by Global Ventures with participation from A15 and Dutch entrepreneurial development bank FMO.
Founded in 2015 by Islam Shawky, Alain El Hajj and Mostafa El Menessy, Paymob provides online and offline merchants with digital payment solutions.
Its revenues grew 5x in 2020 and the startup currently serves 35,000 merchants across Egypt, Kenya, Pakistan, and Palestine.
The investment will be used to expand to Saudi Arabia and other markets in the Middle East this year.
Press Release
Paymob (“the Company”), Egypt’s market-leading digital payments provider, announces the largest ever Series A fund raise by an Egyptian company and one of the largest fintech equity rounds in North Africa.