Egypt’s potential perfect storm: Pandemic, recession, returnees, and remittance losses

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/egypts-potential-perfect-storm-pandemic-recession-returnees-and-remittance-losses Last December looked particularly rosy for Egypt’s minister of manpower, Mohamed Saafan. Egypt’s unemployment rate, which had been steadily falling since 2016, was at 7.8 percent, the lowest level in 30 years...

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New austerity measures could hit Egypt’s most vulnerable hard

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link:  https://www.mei.edu/blog/new-austerity-measures-could-hit-egypts-most-vulnerable-hard Amid socially and economically frustrating conditions due to the pandemic, Egyptians may soon have another trial to weather: more austerity measures. For a people who are already struggling with the effects of the last round of...

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Egypt’s Suez Canal: A ray of light amid the economic gloom

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/egypts-suez-canal-ray-light-amid-economic-gloom-0 As the full impact of the COVID-19 pandemic began to seep in, it was clear that Egypt’s economy, like that of much of the world, would take one serious hit after another Read more at original link

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Egypt’s Parliament meets to discuss emergency legislation and economic relief

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link:  https://www.mei.edu/blog/egypts-parliament-meets-discuss-emergency-legislation-and-economic-relief Egypt’s parliamentarians are going to be trying something new; they’re going to have to sit at least six feet apart, something that doesn’t come naturally to them. The government isn’t taking any chances — MPs’ access to...

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As the coronavirus crisis in Egypt worsens, pressure is building

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/coronavirus-crisis-egypt-worsens-pressure-building COVID-19 may be the ultimate unwelcome visitor. Its arrival was bad news but its stay is even worse and the longer that stay the more pressure it places on its hosts. Read more at original link

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MENA coronavirus update: The region faces an unprecedented crisis

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/mena-coronavirus-update-region-faces-unprecedented-crisis#egypt Egyptian governments have always been sensitive to what might be called the “religion factor.” This has generally meant a certain deference to any matter seen as touching on the religious beliefs or practices of a generally devout...

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Trade, Reform, and Revitalization: Toward a US-Egypt Free Trade Agreement

Source: Middle East Institute   Author(s): Mirette F. Mabrouk Original Link:  https://www.mei.edu/publications/us-egypt-fta A question as to the value of a U.S.-Egypt Free Trade Agreement (FTA) misses the point. The question should not be whether an FTA would be in the interest of both parties since there is abundant evidence that it would. The question is what

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The looming water crisis in Egypt and beyond

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link:  https://www.mei.edu/multimedia/podcast/looming-water-crisis-egypt-and-beyond Water scarcity is a global concern that disproportionately affects the Middle East. Mirette Mabrouk, director of MEI’s Egypt program, joins host Alistair Taylor to discuss steps Egypt has taken to manage its own water resources, and what more...

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Egypt: Poverty levels rise amid stringent austerity measures

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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Egypt expands support for the most vulnerable

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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Monday Briefing: Strengthening Egypt’s ties with Africa

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/publications/monday-briefing-strengthening-egypts-ties-africa Egypt’s days of woefully neglecting its relations with Africa are over. After more than three decades of perfunctory engagement with its African neighbors — which cost it dearly in terms of economic and cultural advantages and regional...

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