FinPol Digest

 Displays of popular support for the son of former Egyptian President Hosni Mubarak could be a cause of concern for current President Abdel Fattah Al-Sisi. Gamal Mubarak attended the funeral of a well-known lawyer this week and news of his presence went viral on social media. For the second day running, #GamalMubarak has topped social media, with pictures and video clips showing people rushing to shake his hand. This has prompted observers to suggest that this support is an expression of public discontent about Egypt's political and economic situation. "The images can be read from two angles," explained journalist Massad Al-Barbary. "The first is that the Egyptian people were under Mubarak's rule for three decades and were influenced by it. His son was likely to succeed his father, which is why it is not strange for some to flock to him. The second is that the scenario may have been set up by a group that supports the Mubarak era." Barbary told Arabi 21 tha...

 Egypt has seen an upward trend in its population and the president has now stressed catering to that population by taking the budget to $1trn.  President Abdel Fattah Al-Sisi confirmed that it will need to work with its budget and bring it to the trillion group to suit the growing population of Egypt . Only then it is possible for the country to cater to the required and most official services for them.  On Tuesday, the president was addressing the audience at the “Upper Egypt Week” where he was talking about the new ammonia nitrate, a urea plant in Kima, Aswan, in addition to the development project of Aswan Railway Station.  He also asserted that Egypt has been moving towards establishing a new state and it will do it by focusing on the state's performance with citizens and reflecting it on the people’s success ratio.  The country is also developing many complexes including the Kima complex which is reportedly cost at EGP 11.6bn. He further explained that the...