About S&P report’s rationale for Egyptian sovereign debt

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/about-sp-reports-rationale-for-egyptian-sovereign-debt/ The Standard & Poor’s report has generally cited the rationale behind the high sovereign debt figures, applicable to all countries assessed. However, this paper attempts to highlight the underlying reasons that largely apply to the...

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Gulf Countries’ Aid to Egypt: It Is Politics, Not the Economy, Stupid!

Source: Arab Center Washington DC Author(s): Khalil Al-Anani Original Link: https://arabcenterdc.org/resource/gulf-countries-aid-to-egypt-it-is-politics-not-the-economy-stupid/ On April 4, 2022, Gulf Arab countries pledged $22 billion to help Egypt avert a currency crisis resulting from the Russian war on Ukraine. The Egyptian pound lost about 14 percent of its value to the dollar...

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Egypt’s Synergy Between Natural Gas and Green Energy Transition: Cairo’s Advances in LNG and Green Hydrogen are Shaping the COP 27 Agenda

Source: Middle East Institute Author(s): Michaël Tanchum Original Link: https://www.mei.edu/publications/egypts-synergy-between-natural-gas-and-green-energy-transition-cairos-advances-lng-and Egypt’s energy policy is helping to change the terms of the global debate on climate change by demonstrating that there is a basic compatibility between developing domestic natural gas resources and...

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Review of Standard & Poor’s expectations of Egyptian economy

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/review-of-standard-poors-expectations-of-egyptian-economy/ The recently issued Standard & Poor’s global rating report has updated some significant about the Egyptian economy, especially in the area of public debt and its annual growth rates and total values, with important...

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Egypt: How Gov. reacts toward the deepening economic crisis

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/egypt-how-gov-reacts-toward-the-deepening-economic-crisis/ The economic projects implemented by the state have not produced significant revenues for anyone but their contractors, as the frantic focus was on infrastructure projects, especially roads and bridges, and establishment of two new...

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A sharp rise in inflation forces Egyptians to cut expenses

Source: Middle East Institute Author(s): Khaled Dawoud Original Link: https://www.mei.edu/publications/sharp-rise-inflation-forces-egyptians-cut-expenses While the holy month of Ramadan is known for increased food consumption in Egypt and other Muslim-majority countries, Elham Mohamed, 40, a government employee, said it was very difficult for her just to make ends meet this year.  “I had...

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The Specter of Food Insecurity in Egypt

Source: Italian Institute for International Political Studies Author(s): Aldo Liga Original Link: https://www.ispionline.it/en/pubblicazione/specter-food-insecurity-egypt-34750 War between Russia and Ukraine has put the Egyptian economy under pressure. Last month, the Egyptian government announced it had requested the International Monetary Fund (IMF)’s support to mitigate the shocks the...

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Is the Egyptian economy vulnerable to bankruptcy?

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/is-the-egyptian-economy-vulnerable-to-bankruptcy/ The persistent bad conditions of the Egyptian economy due to the government’s economic policies, along with the repercussions that hit the nation’s economy resulting from the covid-19 crisis and later the Russian invasion of Ukraine...

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Behind exacerbation of Egyptian economic crisis

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/behind-exacerbation-of-egyptian-economic-crisis/ At the outset, it must be emphasized that the repercussions that hit the Egyptian economy resulting from the covid-19 crisis or the Russian invasion of Ukraine are not the main causes of the Egyptian economy’s problems[1], although they have...

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How Huawei’s Localization in North Africa Delivered Mixed Returns

Source: Carnegie Author(s): Tin Hinane El Kadi Original Link: https://carnegieendowment.org/2022/04/14/how-huawei-s-localization-in-north-africa-delivered-mixed-returns-pub-86889 Algeria and Egypt pressed China’s telecom national champion Huawei for more value-added manufacturing and technology transfers. The company responded, but it ultimately improved its brand image without engaging in...

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Egypt, Israel, and Hamas: Opportunities for Progress in Gaza

Source: The Washington Institute Author(s): Ramy Aziz Original Link: https://www.washingtoninstitute.org/policy-analysis/egypt-israel-and-hamas-opportunities-progress-gaza Cairo is signaling more initiative than ever on rebuilding Gaza, curbing Hamas, and openly engaging Israel, but longer-term progress will require greater international donor resources and U.S. diplomatic support. Read more...

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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...

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