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Egyptian court confirms death sentence on ex-president, earlier imprisoned for spying with foreign powers like Hamas

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Mohamed_MorsiAn Egyptian court on Tuesday sentenced former president Mohamed Morsi to death on Tuesday over a prison break in 2011, confirming a preliminary death sentence issued in May.

Earlier in the day, Morsi was also sentenced to life imprisonment related to charges of spying with foreign powers – including Hamas, Lebanon’s Hezbollah and Iran’s Revolutionary Guards – to destabilise Egypt, Al Ahram reported.

The court also sentenced 17 defendants to life in prison, and 16 to death, including Muslim Brotherhood leaders Khairat El-Beltagy and Mohamed El-Beltagy, Al Ahram reported.

The general guide of the Muslim Brotherhood, Mohamed Badie, was also sentenced to 25 years in jail in the same case. However, the death sentence can be appealed.

On May 16, the court issued a preliminary death sentence against Morsi and 105 other defendants in the jailbreak case, after which their papers were referred to the grand mufti, a senior Muslim cleric, for a consultative review as required by Egyptian law. The mufti’s advice regarding the death sentence is not legally binding.

In the Wadi Natroun jailbreak case, the prosecution charged Morsi and 130 co-defendants, many tried in absentia, with damaging and setting fire to prison buildings, murder, attempted murder, looting prison weapons depots and releasing prisoners while escaping from the prison during the January 2011 revolution.

According to the prosecution, the prisoners who escaped include members of the Muslim Brotherhood, Hamas, and Hezbollah, as well as jihadis and criminals.

Prosecutors said over 800 fighters from Gaza had infiltrated Egypt and used rocket-propelled grenades and weapons to storm three prisons, abducting four policemen and killing several others.

-(IANS)

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The Main Benefits of Opening a Company in A Foreign Country

One of the countries to offer such benefits is Italy, however, specialized advice from accountants or even lawyers is welcome

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In many cases, choosing a foreign country for starting a business has many advantages. Pixabay

In our days, we can virtually open companies anywhere in the world, which is why setting up a business in a foreign county is easier than even. In many cases, choosing a foreign country for starting a business has many advantages, among which lower taxation is one of the most important aspects kept in mind by investors. One of the countries to offer such benefits is Italy, however, specialized advice from accountants or even lawyers is welcome when it comes to the tax matters which need to be considered.

There are also other advantages linked to starting a business in another country, so let’s take a look at them below.

Most countries offer incentives for foreign investors

Setting up a business in another country leads to obtaining various incentives, as many governments have set in place programs destined to attract foreign investors. From tax deductions to specific industries in which one can invest under advantageous conditions, there are countries which offer opportunities a business person cannot find in his/her home country. 

Company, Foreign, Country
In our days, we can virtually open companies anywhere in the world, which is why setting up a business in a foreign county is easier than even. Pixabay

Those deciding to expand their operations through a Romanian branch office will benefit from numerous such incentives created to support foreign investments.

A foreign country can offer a larger market

Those who come from small countries will definitely find more opportunities in larger countries, which is why a foreign country could represent a better market for a product or service. Then, there are also the countries which need specific products and where, once again, the profits can be higher than in one’s home state.

A cheaper workforce can attract foreign investors

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A significant part of the expenses of a company are related to employment which is why many entrepreneurs seek to spend as little as possible on this aspect of a business. This is also one of the few expenses which can be controlled very efficiently by the business owners and choosing a country which offers a cheap workforce from the beginning is definitely a plus for any investor.

Considering there are European and Asian countries which offer cheap and skilled labor force, starting a company in a foreign country for this reason can be a good idea.

There are many advantages related to choosing a foreign country for opening a business and investors will decide the best state based on several aspects which interest them the most, especially when the number of benefits is higher than in the home country.