On Saturday, former Egyptian armed forces spokesperson and
current vice CEO of Pro-regime
“Al-Assema” TV channel Mohamed Samir wrote in his daily short column in
Pro-regime “Youm7 “ News website about how much he admired a very “talented “Young man” in Upper Egypt who made an “incredible achievement”.
The former Brigadier General believes that 18-years Mohamed Meghad had done amazing achievement that he should be honored in the upcoming State conference. He also believes that story of that young man and his achievement should be translated into different languages by the State Information Service.
Mohamed Meghad managed to break the
Guinness World records in doing the “Spider Walk” faster than anyone in the world. He walked on his hands instead of his legs.
Yup, this is the great achievement which should inspire youth in Egypt as Samir says.
On Thursday, an Egyptian government committee assigned to confiscate and freeze the Muslim Brotherhood “MB” members and their affiliated assets in the country announced that it had confiscated the assets of 16 alleged MB members.
This time the list included the children of famous 90-years old Brotherhood spiritual figure
Sheikh Youssef El-Qaradawi who is currently staying in Qatar.
It was no surprise for me because, in July, the security forces arrested al-Qaradawi's eldest daughter Ola “a grandmother” and her husband Hossam Khalaf, the leading figure in
Al-Wasat Party on terrorism-related charges.
Yet in that statement, there was a shock for many people including friends who work in business as well friends who cover business news Egypt.
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Alef Bookstore in Maadi |
The assets of Egyptian businessman and economist
Omar El-Shenety were frozen and confiscated by that governmental committee including his shares in the famous “
Alef Bookstore”.
I did not know who El-Shenety was before that news but I know very well “Alef Bookstore”.
Since 2009, Alef Bookstore became another important cultural venue for Egyptian youth in Cairo.
Soon it began to spread across the country with 36 branches in the 10 governorates past 4 years thanks to a successful franchise model.
Currently, 75% of the bookstore branches are owned by franchisees.
There are 250 employees working in the bookstore chain now and since 2009 more than 1000 employee worked in it.