Latest news with #LE40
Egypt Today
10-03-2025
- Business
- Egypt Today
Budget to be allocated to monetary subsidies in FY2025/26 may record LE53B
CAIRO – 10 March 2025: Minister of Social Solidarity Maya Morsi participated Sunday in a meeting of the House of Representatives' Plan and Budget Committee to discuss the ministry's expenditure in FY2023/2024. The minister highlighted that when the monetary subsidies programme "Takaful w Karama" was first launched in 2014, the number of enrolled families amounted to 1.7 million, who received annual amounts and services worth LE3.5 billion. The value of the programme's budget in FY2023/2024 and FY2024/2025 hit LE35 billion and over LE40 billion, respectively, and is expected to be LE53 billion in FY2025/2026, as the number of enrolled families more than doubled to record 4.7 million families.
Egypt Independent
04-03-2025
- Business
- Egypt Independent
Mortada Mansour sentenced to 6 months in prison for slandering Khatib
The Economic Court in Cairo on Monday ruled to imprison the former president of Zamalek Club, Mortada Mansour, for six months, after he was convicted of slandering the president of Al-Ahly Club, Mahmoud al-Khatib, and the club's legal advisor, Mohamed Othman. The court also ruled to fine Mansour LE40,000 and oblige him to pay LE 20,000 as temporary compensation to those he slandered. Background of the dispute The dispute between Mansour and Khatib has resulted in numerous legal cases, the most prominent of which was the ruling issued in February 2023, when the Court of Cassation rejected Mansour's appeal against a previous ruling to imprison him for a month over insulting and defaming Khatib. The ruling was then implemented and Mansour was deported to the Wadi al-Natrun prison, which led to his dismissal from the presidency of Zamalek Club by virtue of a court ruling. In November 2024, the Economic Court then issued two separate rulings obligating Mansour to pay financial compensation to Khatib, one in the amount of LE 500,000, and the other in the amount of one million Egyptian pounds, due to the cases of slander and defamation filed against him by the president of Ahly Club. Other pending cases Courts are still considering other cases between the two parties. Earlier this March, the Economic Court considered six new lawsuits filed by Khatib and others against Mansour, accusing him of defamation and slander. Ten other cases filed by Al-Ahly Club's legal advisor, Othman, regarding offensive statements attributed to Mansour were also adjourned. Edited translation from Al-Masry Al-Youm
