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Degwy family dispute seeing positive developments: Lawyer
Degwy family dispute seeing positive developments: Lawyer

Egypt Independent

time03-06-2025

  • Politics
  • Egypt Independent

Degwy family dispute seeing positive developments: Lawyer

The legal representative of Nawal al-Degwy, Mohamed Shehata, on Sunday announced positive new developments in the family crisis between Degwy's grandchildren. During a telephone interview with TV host Lamis al-Hadidi on the'Last Word' (Kalema Akhera) TV show, Shehata explained that 'An important family meeting was held last night, attended by Amr al-Degwy and Mahy and Angie Mansour (daughters of Mona al-Degwy). The meeting lasted approximately four hours at the home of a close friend for the family, a person trusted and respected by all parties.' 'I participated in this meeting via phone for part of its four-hour duration, and the entire meeting focused on ending all existing disputes.' He revealed that 'Everyone agreed on one conviction: that external forces played a role in creating discord and conflict within this family.' 'This family was ideal, connected, and loving, but certain people close to some parties interfered and tampered with the family's bonds, which led to the situation we find ourselves in today.' He explained that at the end of the meeting, there was a clear directive issued to the lawyers representing both parties: 'It was agreed to hold intensive sessions between the lawyers with the aim of settling all cases and disputes as quickly as possible, which have so far reached approximately fifty cases.' Shehata added, 'Indeed, and in accordance with these directives, since 9:00 am this morning, I sat with Amr el-Degwy's new legal advisor, a respected lawyer specializing in dispute resolution. The meeting was fruitful, and we witnessed a genuine seriousness in reaching solutions and ending the crisis.' He explained that Saturday's meeting was the first in two years, specifically with Amr al-Degwy, adding that the late Ahmed al-Degwy had also engaged in serious negotiations for a settlement in February and that he had met with him once or twice. Shehata said, 'I met with him once or twice, and frankly, there was an intention to resolve the disputes last February. The sessions were supervised by Nawal al-Degwy, who limited them to family reunification.' Edited translation from Al-Masry Al-Youm

Degwy family lawyer reveals details of the fortune distribution
Degwy family lawyer reveals details of the fortune distribution

Egypt Independent

time02-06-2025

  • Politics
  • Egypt Independent

Degwy family lawyer reveals details of the fortune distribution

The legal representative for Nawal al-Degwy and her two granddaughters, Mohamed Shehata, revealed the fate of the shares between the heirs of Sherif al-Degwy's sons and Mona al-Degwy's daughters such the ownership structure of the companies and institutions under dispute. During a telephone interview with TV host Lamis al-Hadidi on the 'Last Word' (Kalema Akhera) TV show, Shehata said, 'This issue has more than one aspect.' 'Discussing the estate of a living person is a sensitive matter, but the settlement currently underway, sponsored by Nawal el-Degwy, to reunite the family, is still being discussed between institutions and companies and is the subject of negotiations,' Shehata said, adding 'I am optimistic that we will reach a quick solution to this issue.' In response to Al-Hadidi's question: 'Has the late Mona al-Degwy's will actually been opened in the past few days?' Shehata replied: 'Indeed, that happened. A year before her passing, the late Mona al-Degwy had deposited a sealed will at the Real Estate Registry. It was opened and reviewed a few days ago.' He continued: 'In it, she bequeathed a third of her entire estate to her two daughters, Engy and Mahy. I was appointed by the deceased to be the executor of that will.' In response to al-Hadidi's question: 'Is the third she bequeathed outside the (Islamic) legal inheritance?' Shehata said: 'Yes, the third does not include the (Islamic) legal inheritance. Egyptian law allows for a bequest to an heir, as Nawal al-Degwy will inherit one-sixth (from her daughter Mona's estate), and her two daughters will have a share outside the will. The remaining percentage will be distributed among the males of the family, who are Ahmed al-Degwy's heirs: Amr al-Degwy and Mohamed.' Shehata continued: 'Egyptian law also stipulates that the implementation of wills and inheritance begins with the payment of all debts owed by the deceased. Then the will is given, which may not, under any circumstances, exceed one-third, as Mona al-Degwy did. Then, the remainder of the estate after the one-third allocated by the will is distributed according to the legal shares among the grandmother, the two granddaughters, and the grandsons.' Hadidi interrupted him, asking, 'Have you taken stock of this inheritance or what she has left behind?' Shehata replied, 'The inventory process is underway, and it will be part of the comprehensive settlement of all disputes, because we are eager to ensure that no blemish remains in this family.'

UAE giant to develop gigantic Suez Canal Zone in 50-year deal
UAE giant to develop gigantic Suez Canal Zone in 50-year deal

Egypt Independent

time05-05-2025

  • Business
  • Egypt Independent

UAE giant to develop gigantic Suez Canal Zone in 50-year deal

The Chairman of the SCZone, Waleid Gamal al-Dien, commented on the signing of an agreement by the UAE's AD Ports Group with the General Authority for the Suez Canal Economic Zone to develop and operate the 20-square-kilometre KEZAD East Port Said Zone. During a telephone interview with TV host Lamis al-Hadidi on the 'Last Word' (Kalema Akhera) TV show, Gamal al-Dien said that KEZAD is part of the East Port Said Industrial Zone of SCZone. He noted that it is an area close to East Port Said Port and one of the integrated industrial areas within SCZone. Usufruct Term for AD Ports Gamal al-Dien revealed that the agreement is based on a 50-year usufruct, and that the AD Ports Group, as an industrial developer, must prepare the infrastructure to attract specific investments in specific sectors in the area, taking advantage of the proximity of the area under agreement to East Port Said. He continued, 'Thus, investments will benefit from direct and indirect tax incentives, in addition to international agreements to meet the needs of the local market.' The Chairman of the SCZone added, 'In addition, this area, and the economic zone in general, will be used as a platform for export to global markets.' 'According to the agreement, they will pay for the area's internal infrastructure investments. This will be implemented in phases, then linked to external facilities that connect it to the SCZone. The area will then be divided into various industries, including large and small factories, services, and ready-made factories,' he explained. Value of the usufruct agreement Regarding the value of what will be paid to the Egyptian government for the usufruct right, Gamal al-Dien said that, 'A percentage of 15 percent of the company's internal revenue. Therefore, the government receives a percentage of any amounts remitted to the company by investors.' Regarding the expected volume of investments flowing into the region through AD Ports, he said, 'There is no specific expected figure, but the 20 square kilometers is a large area. Therefore, there is no specific figure, but investments are estimated in the billions.' The AD Ports Group and SCZONE signed on Sunday a 50-year renewable usufruct agreement, to develop and operate a 20km2 industrial and logistics park near the Egyptian coastal city of Port Said on the Mediterranean Sea.

Egyptian Veterinarians Syndicate warns of rising stray dog populations
Egyptian Veterinarians Syndicate warns of rising stray dog populations

Egypt Independent

time30-04-2025

  • Health
  • Egypt Independent

Egyptian Veterinarians Syndicate warns of rising stray dog populations

The Deputy Head of the Egyptian Veterinarians Syndicate, Mahmoud Hamdy, warned of the rising numbers of stray dogs in Egypt, and noted the lack of accurate statistics on the matter. During a telephone interview with TV host Lamis al-Hadidi on the'Last Word' (Kalema Akhera) TV show, on 'ON' channel, Hamdy pointed out that all current estimates range between 20-30 million stray dogs. These numbers mean there is one dog for every five citizens based on a population of 110 million, which is a figure he considered too large. Hamdy warned this issue will only get worse, as stay dogs reproduce rapidly – a single female dog is capable of giving birth to between five and 10 puppies twice a year. He emphasized that veterinary authorities follow the international guidelines of the World Animal Health Organization, which stipulate that aggressive dogs should be captured by specialists, not veterinarians, to protect veterinarians from the risk of being bitten or infected with rabies. Hamdy also denied the use of poisoning methods to address the problem currently. There are approximately 91,000 licensed veterinarians in Egypt in all specialties, he said, although accurate statistics are not available for those who specialize in dogs and cats specifically.

B.Laban pays LE140 mln in dues to the Egyptian Tax Authority
B.Laban pays LE140 mln in dues to the Egyptian Tax Authority

Egypt Independent

time29-04-2025

  • Business
  • Egypt Independent

B.Laban pays LE140 mln in dues to the Egyptian Tax Authority

A member of the board of directors for the Company, Abdel-Rahman Ashmawy, confirmed that his company paid LE140 million to the Egyptian Tax Authority. During a telephone interview with TV host Lamis al-Hadidi on the'Last Word' (Kalema Akhera) TV show, on 'ON' channel, Ashmawy said that 'There are matters that have not yet been finalized and we are working on them, and they are still under discussion. Our company has paid taxes until 2023.' Regarding the fines imposed on the company for health violations, Ashmawy said, 'As for the fines related to violations, the figures are not large.' Government sources said that the Egyptian Tax Authority is continuing to study and examine the Company's tax file, in preparation for determining the final dues within two weeks. The sources, who spoke to Al-Masry Al-Youm on condition of anonymity, confirmed that Company continues to file its tax returns regularly and pay the required tax differences. Ashmawy thanked the Egyptian President Abdel Fattah al-Sisi for listening to their demands and providing the opportunity to rectify the situation. He further praised the Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel al-Wazir and his eagerness to maintain the production process in the factories. Ashmawy revealed that, starting from Monday, 25 branches of chain and various brands such as Karam el-Sham, Wahmy, Am Shaltet, and others resumed operations after reviewing the observations and correcting the situation. He added, 'We began corrective measures about a week ago, in coordination with the head of the Food Safety Authority and the Ministry of Health. Teams visited all factories for inspections, and we were asked to implement requirements to ensure the safety of the product provided to citizens.' Edited translation from Al-Masry Al-Youm

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