The Russia-Ukraine War has Turned Egypt’s Food Crisis into an Existential Threat to the Economy

Source: Middle East Institute Author(s): Michaël Tanchum Original Link: https://www.mei.edu/publications/russia-ukraine-war-has-turned-egypts-food-crisis-existential-threat-economy With the outbreak of the Russia-Ukraine war on Feb. 24, 2022, Egypt’s food security crisis now poses an existential threat to its economy. The fragile state of Egypt’s food security stems from the...

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Amid ongoing economic issues, Egypt looks to the IMF

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-qatars-sheikh-tamim-becomes-first-gulf-leader-visit-biden-white-house#mabrouk The economic fallout from the pandemic has persisted, a slow, steady battering ram against the Egyptian economy’s defenses. Increasing global shipping costs, inflation rates, and food import prices...

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Egypt’s growing regional energy role

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-flurry-diplomatic-exchanges-eve-gcc-summit#mabrouk Egypt has long stated its goal of becoming a regional energy hub and it is ramping up its efforts to achieve that aim. Read more at original link

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Egypt’s farmers hit hard by the impact of climate change

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-iran-nuclear-talks-resume-two-sides-remain-far-apart-ever#mabrouk As signs go, the recent climate change indicators in Egypt were near biblical. Two weeks ago, the Upper Egyptian city of Aswan saw a plague of scorpions. The mountains there are home to the Arabian fat-tailed...

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Washington hosts US-Egypt strategic talks

Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/monday-briefing-assassination-attempt-targeting-iraqi-pm-crosses-major-red-line#mabrouk It’s been six years since the last U.S.-Egypt strategic dialogue. Egypt’s foreign minister, Sameh Shoukry, arrived in Washington on Friday to meet with his counterpart, Secretary Antony Blinken, for two days...

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The GERD’s digital theater

Source: Middle East Institute Author(s): Joey Shea Original Link: https://www.mei.edu/publications/gerds-digital-theater Despite great diplomatic efforts, progress on reaching a comprehensive agreement between Egypt, Ethiopia, and Sudan over the Grand Ethiopian Renaissance Dam (GERD) has remained elusive. While these states have long resorted to legal and political means to protect their share...

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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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