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Egypt’s Economy: Neither Collapsing nor Thriving

2019Culture, Education and DevelopmentEconomyEgyptMilitary AffairsPaperThe Tahrir Institute For Middle East PolicyTimothy E. Kaldas
August 20, 2019 16:54 pm
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Source: The Tahrir Institute for Middle East Policy Author(s): Timothy E. Kaldas Original Link: https://timep.org/commentary/analysis/egypts-economy-neither-collapsing-nor-thriving/ Earlier this summer, a pair of articles in Foreign Policy were published offering seemingly diametrically opposed views on Egypt’s economy. Yehia Hamed, investment minister under the late president Muhammad...

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Egypt Takes Another Step Toward China

2019Culture, Education and DevelopmentEconomyEgyptForeign RelationsHaisam HassaneinPaperWashington Institute
August 19, 2019 17:12 pm
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Source: Washington Institute Author(s): Haisam Hassanein   Original Link: https://www.washingtoninstitute.org/policy-analysis/view/egypt-takes-another-step-toward-china On August 5, Egypt signed a memorandum of understanding with the Chinese company Hutchison Ports to establish a Mediterranean container terminal in Abu Qir. President Abdul Fattah al-Sisi himself attended the signing ceremony...

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The protection of competition: A suspended verdict

2019EconomyEgyptHadeer El-MahdawyandMadamasrPaper
August 18, 2019 16:54 pm
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Source: Madamasr Author(s): Hadeer El-Mahdawy Original Link: https://madamasr.com/en/2019/08/18/feature/economy/the-protection-of-competition-a-suspended-verdict/ On May 1, the courier service Glovo unexpectedly announced that it will suspend operations in both Egypt and Chile — one day after the company received 150 million euros from investors and venture capital funds.  The...

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Crisis of Egypt’s Cement Sector

2019Ahmed HafezCulture, Education and DevelopmentEconomyEgyptEgyptian Institute For StudiesPaper
August 06, 2019 19:02 pm
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Source: Egyptian Institute for Studies Author(s): Ahmed Hafez Original Link: https://en.eipss-eg.org/crisis-of-egypts-cement-sector/ Egypt ranks 14 on the list of the cement producing countries with a production volume of about 60 million tons per year. In early 2016, the government put to bid, through the Industrial Development Authority (IDA), 14 cement licenses which were won...

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Sisi’s Vanity Projects

2019CarnegieCulture, Education and DevelopmentDemocracy and PoliticsEconomyEgyptMaged MandourMilitary AffairsPaper
August 06, 2019 18:42 pm
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Source: Carnegie Author(s): Maged Mandour Original Link: https://carnegieendowment.org/sada/79625 Since coming to power, Egypt’s President Abdel Fattah el-Sisi has undertaken various mega infrastructure projects with dubious economic benefits. Despite a worsening debt crisis, these projects remain a government priority. The debt crisis has grown with the percentage of the total debt of the GDP...

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Egypt: Poverty levels rise amid stringent austerity measures

2019Civil SocietyCulture, Education and DevelopmentEconomyEgyptHuman RightsMiddle East InstituteMirette F. Mabrouk Mirette F. Mabrouk Paper
August 06, 2019 18:36 pm
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Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/publications/monday-briefing-us-turkey-dispute-over-syria-comes-head While it has generally been accepted that Egypt’s economic reform program has been very successful on a macro level, if tough on many of its citizens, a new report has just confirmed it. Read more at original link

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Sinai between ‘Deal of the Century’ and MBS plans

2019Culture, Education and DevelopmentEconomyEgyptEgyptian Institute For StudiesForeign RelationsHaitham GhoniemPaper
July 31, 2019 18:08 pm
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Source: Egyptian Institute for Studies Author(s): Haitham Ghoniem Original Link: https://en.eipss-eg.org/sinai-between-deal-of-the-century-and-mbs-plans/ None of the military personnel that participated in repelling the tripartite aggression on Egypt in 1956 or the Six Day War (1967), known as the Naksa (setback) or even the October 1973 War – none of them has ever imagined that in April 2016...

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Sources: Officials delayed survey results showing Egyptians face highest poverty rate since 2000

2019Civil SocietyEconomyEgyptHuman RightsMadamasrPaper
July 30, 2019 17:43 pm
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Source: Madamasr Author(s): Madamasr Original Link:  https://madamasr.com/en/2019/07/30/feature/economy/sources-officials-delayed-survey-results-showing-egyptians-face-highest-poverty-rate-since-2000/ The results of the biannual government survey of household income in Egypt announced yesterday show a 4.7% increase in poverty from the previous study, putting 32.5% of Egyptians below the...

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Alone at the Top in Egypt

2019CarnegieCivil SocietyDemocracy and PoliticsEconomyEgyptJudicial AffairsMilitary AffairsPaperYezid Sayigh
July 29, 2019 16:34 pm
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Source: Carnegie Author(s): Yezid Sayigh Original Link: https://carnegie-mec.org/diwan/79562 Official Egyptian responses to civil conflict and political transitions among countries since early 2019 have shown an instinctive preference to help a military strongman to power in Libya and preserve the overriding say of the armed forces in the governing arrangements of Sudan and Algeria. However, a...

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Egypt expands support for the most vulnerable

2019Civil SocietyCulture, Education and DevelopmentEconomyEgyptMiddle East InstituteMirette F. Mabrouk Mirette F. Mabrouk Paper
July 22, 2019 17:21 pm
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Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/publications/monday-briefing-pakistani-pm-khan-heads-white-house Egypt’s economic reforms and austerity measures have been great for the country’s macroeconomic bottom line, but they have been very hard on its poorer citizens. Slashed subsidies, rising inflation, and a higher cost of living have all...

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Egypt’s FY2019-20 Budget & Govt.’s Alleged Achievements

2019Abdelhafez AlsawyEconomyEgyptEgyptian Institute For StudiesPaper
July 12, 2019 17:25 pm
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Source: Egyptian Institute for Studies Author(s): Abdelhafez Alsawy Original Link: https://en.eipss-eg.org/egypts-fy2019-20-budget-govt-s-alleged-achievements/ On Tuesday 25 June 2019, immediately after the Egyptian parliament ratified the state’s Fiscal Year 2019-20 budget, Egypt’s Minister of Finance Dr. Mohamed Maait said in an interview with Bloomberg TV that Egypt is in talks with the IMF...

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Some people prefer working in the shadows

2019Civil SocietyEconomyEgyptMadamasrOsman El SharnoubiPaper
July 12, 2019 16:59 pm
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Source: Madamasr Author(s): Osman El Sharnoubi Original Link:  https://madamasr.com/en/2019/07/12/feature/economy/some-people-prefer-working-in-the-shadows/ Egypt’s vast informal economy has drawn the focus of government officials in recent years. Authorities have been looking to merge the informal economy with the formal economy as quickly as possible in order to boost official economic...

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