Egypt to reshuffle Muslim Brotherhood's frozen funds
Egypt's Minister of Social Solidarity will form a committee to handle the funds of the Muslim Brotherhood's societies that benefit citizens.
The cabinet has recently decided to form a committee to manage the Muslim Brotherhood's funds pursuant to a court ruling that bans the organisation and freezes its funds. The committee's tasks will involve reviewing the associations' accounts and businesses and writing reports on their activities and financial positions, in addition to authorising expenditure to meet the societies' needs. These societies are not allowed to access their frozen funds unless they get approval from the committee.
- Trouble getting them, trouble keeping them? Middle East firms challenged in attracting, retaining talent
- Does capitalism provide a solution to terrorism?
- No pain, no gain: Tunisian economy needs three years of tough love before rebounding
- How will MENA economies look in 2015?
- Sanctions face-off: Iran to unveil its corporate side in London next week
- Egypt seizes more assets from Muslim Brotherhood
- Future of Muslim Brotherhood’s businesses' marked by uncertainty
- Egypt's Muslim Brotherhood attacking trade unions
- As the second anniversary of Egypt's revolution approaches, the Muslim Brotherhood announces new development schemes
- Brotherhood Airways for Egypt?