Latest news with #Fiqi
Egypt Independent
12-04-2025
- Politics
- Egypt Independent
Egypt bears costs of US$6 billion for hosting Arab refugees: MP
The Head of the Planning and Budget Committee in the House of Representatives, Fakhry al-Fiqi, revealed that the cost of hosting Arab refugees and guests in Egypt during the current fiscal year amounts to approximately six billion US dollars. During an interview with Sada al-Balad channel on Friday, Fiqi emphasized that this figure reflects the heavy burden borne by the Egyptian state in providing humanitarian, health, and educational services without discrimination. He explained: 'We have approximately nine million guests from sisterly Arab countries, constituting eight percent of the total population, and the state's general budget this year amounts to LE 3.9 trillion, meaning that the cost of this eight percent amounts to approximately LE300 billion.' Fiqi added: 'When we convert this figure to dollars, based on an exchange rate of LE 50 to the dollar, we find that the cost amounts to approximately six billion US dollars.' He noted that this figure is expected to increase in the upcoming 2025/2026 budget, reaching approximately seven billion US dollars. Fiqi assured that Egypt seeks to be provide all those who have sought refuge in it with all services as part of its humanitarian and historical responsibility. 'We simply need to know the extent of the burden borne by the state, especially in light of the difficult economic conditions,' he stressed.
Egypt Independent
16-02-2025
- Politics
- Egypt Independent
Egyptian expert slams speculative Israeli report on High Dam attack
The Israeli website 'Nzif', specializing in military analysis, published a speculative report on what an attack on the High Dam in Aswan, southern Egypt would look like in the event of a full-out war. According to the report the scenario, made using Artificial Intelligence input, could be implemented by attacking the High Dam with missiles that penetrate its fortifications, causing the dam to collapse and flood into Egypt. The Nzif scenario added that striking the High Dam would cause the industrial areas in Cairo to completely close, office towers and old buildings would collapse, the Egyptian army would lose control of the downtown areas due to chaos, and about 10.5 million Egyptians would drown. RT reported Egyptian writer and researcher Saad al-Fiqi saying on Saturday that this report is a shameless display of 'recklessness whose consequences Israel does not realize.' Fiqi told RT that such 'cartoonish statements' show that Israel is facing utter dysfunction with its leaders trying to 'save their reputation, which is stained with the blood of innocents in Palestine.' The Egyptian researcher and former Undersecretary of the Ministry of Endowments explained that if the Israeli army resorted to any plan that would undermine Egypt's security, 'the Egyptian army could reach the Israeli nuclear reactor in a matter of seconds, destroy it, and thwart their insidious plans.' According to Fiqi, this report has emerged due to the fact that has consistently rejected any and all plans to displace the people of the Gaza Strip, a fact he says has driven the Israelis 'insane'. The Egyptian researcher stressed that his country has a powerful army and that Israel 'will see disaster' if it ever thinks of threatening the nation's borders. Fiqi added that the Egyptian state's political leadership is also fully backed by its people and the army, stating that 'One hundred million Egyptians stand behind the army and the political leadership to preserve the country's national security.'
