EU enabling violent repression in Egypt – NGOs call for moratorium on lending
Blog post -
Dec 20, 2012
As the new Egyptian regime run by the Muslim Brotherhood is attempting an aggressive power grab and launching street violence on revolutionaries and opposition groups across the country, a coalition of Egyptian and European organisations are questioning European public banks’ political and financial backing of a constitutional coup and crackdown. In an open letter to...
Contradictory docs for Cairo refinery reveal disdain for transparency by European Bank officials in first major IFI-financed project since revolution started
Blog post -
Nov 9, 2012
A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly...
Shell frack Egypt, threatening scarce water resources; Egyptians demand moratorium
Blog post -
Sep 19, 2012
Shell is bringing fracking to Egypt, threatening the North African country’s already limited water resources. The company is using hydraulic fracturing technology to drill three wells in Egypt’s Western Desert, in the Alam El Shawish West concession. Concerned that scarce water resources will be poisoned, the Egyptian Initiative for Personal Rights (EIPR) has condemned the...
