Mixed news for Egypt’s economy

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/weekly-briefing-lebanons-power-grid-shuts-down#mabrouk Egypt’s Central Agency for Public Mobilization and Statistics, better known by its acronym, CAPMAS, invariably concentrates on the figures, regardless of their political connotations. The latest figures show that overall inflation in both...

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Egypt’s future in the LNG market

Source: Middle East Institute Author(s): Ahmed Fouad Original Link: https://www.mei.edu/publications/egypts-future-lng-market Egypt is currently the fastest-growing Arab exporter of liquefied natural gas (LNG), according to a report released by the Organization of Arab Petroleum Exporting Countries (OAPEC) on Aug. 16. The report showed that Egypt exported around 1.4...

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Egypt’s diplomatic efforts in Libya seem to be bearing fruit

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-afghan-taliban-could-bite-pakistan-hand-had-fed-it#mabrouk What happens in Libya has always been almost as interesting to the Egyptian government as its own domestic affairs. That interest stems from several reasons, chief among them security, regional influence, and the economy...

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The return of the pharaohs: The rise of Egypt’s civilization-state

Source: Middle East Institute Author(s): Mohammed Soliman Original Link: https://www.mei.edu/publications/return-pharaohs-rise-egypts-civilization-state After decades of soul searching to define itself as a state, Egypt is building its own civilization-state and seeks to join an emerging club of nations that center historical and cultural tradition in their policy and governance structures and...

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El-Sisi and Bennett meet amid regional effort to revive the Israeli-Palestinian issue

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-damned-if-you-do-and-damned-if-you-dont-new-government-beirut#mabrouk Sharm el-Sheikh has long been a favored spot for Egyptian-Israeli official meets. It’s now an internationally renowned tourist destination, but it’s also in Sinai, conveniently placed for both parties and easy...

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Egypt needs a more inclusive approach to subsidy reform

Source: Middle East Institute Author(s): Hafsa Halawa Original Link: https://www.mei.edu/publications/egypt-needs-more-inclusive-approach-subsidy-reform Speaking at a public event earlier this month, Egyptian President Abdel-Fattah el-Sisi made the surprise announcement that the next step in the country’s economic reform agenda will include the removal of bread subsidies. He becomes the latest...

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Egypt maintains diplomatic efforts on Gaza

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-new-threats-and-far-more-dangerous-environment-afghanistan#mabrouk On Aug. 18, the head of the Egyptian General Intelligence Service (GIS), Abbas Kamel, became the first Egyptian official to visit Israeli Prime Minister Naftali Bennett since the latter’s new government was sworn...

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Israel and Egypt top growth expectations in MENA: A tale of two divergent strategies

Source: Middle East Institute Author(s): Karen E. Young Original Link: https://www.mei.edu/publications/israel-and-egypt-top-growth-expectations-mena-tale-two-divergent-strategies The two countries in the Middle East with the highest growth expectations for 2022 are Israel and Egypt. Fitch Solutions estimates that MENA-wide GDP will grow by 3.6% in 2021, after a contraction of 4% in 2020...

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Russia and the GERD: An uneasy balancing act

Source: Middle East Institute Author(s): Samuel Ramani Original Link: https://www.mei.edu/publications/russia-and-gerd-uneasy-balancing-act Since late June, Russia has expanded its diplomatic involvement in the Grand Ethiopian Renaissance Dam (GERD) dispute between Egypt, Sudan, and Ethiopia. On June 23, Ethiopian Foreign Minister Demeke Mekonnen and Russian Foreign Minister Sergey Lavrov...

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Egypt scrambles to ramp up vaccination drive

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-despite-strains-abraham-accords-have-proved-resilient-whats-next#mabrouk On Aug. 8, Egypt’s Ministry of Health announced that 261,000 doses of the Johnson & Johnson COVID-19 vaccine had arrived, the first of 25 million. The one-dose vaccine will be allocated to those wishing...

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GERD dispute goes to the UN, but a resolution remains elusive

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-biden-slams-door-afghanistan#mabrouk On July 9, Sudan, supported by Egypt, took the case of the moribund negotiations on the Grand Ethiopian Renaissance Dam, which have spun on for over a decade with no results, to the United Nations Security Council (UNSC). Read more at original...

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Egypt’s Nile strategy

Source: Middle East Institute Author(s): Mohammed Soliman Original Link: https://www.mei.edu/publications/egypts-nile-strategy Egypt, Ethiopia, and Sudan are caught in a dangerous deadlock over the Nile River and despite what the international community seems to think, the risk of military confrontation among the three nations is not at all far-fetched. Addis Ababa began the second phase of...

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