Throwing Down the Gauntlet: What the IMF Can Do About Egypt’s Military Companies

Source: Carnegie Author(s): Yezid Sayigh Original Link: https://carnegie-mec.org/2022/04/07/throwing-down-gauntlet-what-imf-can-do-about-egypt-s-military-companies-pub-86821 IMF proposals and Egyptian government initiatives offer an opportunity to bring the country’s powerful military-owned companies under consolidated ownership and regulatory frameworks, mitigating their adverse impacts...

Learn More

Retain, Restructure, or Divest? Policy Options for Egypt’s Military Economy

Source: Carnegie Author(s): Yezid Sayigh Original Link: https://carnegie-mec.org/2022/01/31/retain-restructure-or-divest-policy-options-for-egypt-s-military-economy-pub-86232 Egyptian military agencies and companies provide significant economic benefits, but both their achievements and their shortcomings point to the need to reconsider their business model and role in the civilian economy...

Learn More

Egypt’s Military as the Spearhead of State Capitalism

Source: Carnegie Author(s): Yezid Sayigh Original Link: https://carnegie-mec.org/2020/10/26/egypt-s-military-as-spearhead-of-state-capitalism-pub-83010 President Abdel Fattah el-Sisi has reinvigorated state capitalism in Egypt through military-led real estate development, industrial hubs, extractive activities, private sector encroachment, and using private investment to recapitalize the...

Learn More

Is Cairo Going to War?

Source: Carnegie Author(s): Yezid Sayigh Original Link:  https://carnegie-mec.org/diwan/82130 In light of this, Sayigh was asked by a journalist to comment on the warning by Egyptian President Abdel-Fattah al-Sisi on June 20 that Egyptian forces would intervene in Libya if Turkish-backed forces of the Government of National Accord crossed the Sirte-Jufra frontline. His answers are reproduced...

Learn More

Will Egypt’s Military Companies Float?

Source: Carnegie Author(s): Yezid Sayigh Original Link: https://carnegie-mec.org/2020/04/07/will-egypt-s-military-companies-float-pub-81487 The proposal to list military businesses on the Egyptian Stock Exchange may founder due to issues of transparency, profitability, unfair competition, and legal ambiguity. Read more at original link

Learn More

Egypt’s Military Now Controls Much of Its Economy. Is This Wise?

Source: Carnegie Author(s): Yezid Sayigh Original Link:  https://carnegie-mec.org/2019/11/25/egypt-s-military-now-controls-much-of-its-economy.-is-this-wise-pub-80281 The military is woven into almost every part of Egypt’s economy. It runs businesses, produces goods, and manages huge infrastructure projects. What are the consequences of involving a country’s armed forces so deeply in its...

Learn More

Owners of the Republic: An Anatomy of Egypt’s Military Economy

Source: Carnegie Author(s): Yezid Sayigh Original Link:  https://carnegie-mec.org/2019/11/18/owners-of-republic-anatomy-of-egypt-s-military-economy-pub-80325 The Egyptian military’s takeover in 2013 transformed its role in the national economy, turning it into an autonomous actor that can reshape markets and influence government policy setting and investment strategies. Read more at original...

Learn More

Alone at the Top in Egypt

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...

Learn More
click over here
Skip to toolbar