Note: this post was written yesterday. I understand the US NGOs have had their property returned after the intervention of the US government.
I'm away from Cairo at the moment, so apart from a few panicked SMSs from friends and the coverage on Twitter I have not really followed yesterday's raids on six NGOs by the Egyptian police. Links for reported stories on what happened are at the bottom of the post. I want here only to give my own interpretation of what's happening.
Such a course of action was a possibility, of course, since last September or so when investigations into NGOs that receive foreign funding were initiated by SCAF, Minister of State for International Cooperation Fayza Aboul Naga and the ministry of justice. The fight over NGOs, and the fact that the Egyptian government seemed to be mostly drawing attention to Western-funded NGOs rather than Gulf-funded Islamic charities, is a manufactured crisis created to use as a card against Western, and more specifically US, pressure on the Egyptian government.