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 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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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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Egypt: Poverty and Imbalances of Income and Wealth Distribution

Source: Egyptian Institute for Studies Author(s): Wessam Fauad Original Link: https://en.eipss-eg.org/egypt-poverty-and-imbalances-of-income-and-wealth-distribution/ Among the most prominent indicators cited by international think tanks regarding the state of inequality[1], are the data disseminated by the World Inequality Database (WID). In 2019, according to WID, 1% of the highest-income...

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Egypt Enterprise Sector Problems: The Case of Egypt Aluminum Co (2)

Source: Egyptian Institute for Studies Author(s): Wessam Fauad Original Link: https://en.eipss-eg.org/egypt-enterprise-sector-problems-the-case-of-egypt-aluminum-co-2/ The Egyptian Public Enterprise Sector companies have been facing many problems that led to reducing the profitability of some companies, and turning others from profit-making companies into losing, faltering, and severely...

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Egypt Enterprise Sector Problems The Case of Iron & Steel Co (1)

Source: Egyptian Institute for Studies Author(s): Dalia El-Agami Original Link: https://en.eipss-eg.org/egypt-enterprise-sector-problems-the-case-of-iron-steel-co-1/ The Egyptian Public Enterprise Sector companies have been facing many problems that led to reducing the profitability of some companies, and turning others from profit-making companies into losing, faltering, and severely...

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Egypt, Iraq, and Jordan: A new partnership 30 years in the making?

Source: Brookings Author(s): Bruce Riedel and Katherine Harvey Original Link: https://www.brookings.edu/blog/order-from-chaos/2021/07/02/egypt-iraq-and-jordan-a-new-partnership-30-years-in-the-making/ In April, the news that Iraq was mediating between longtime rivals Saudi Arabia and Iran captivated Middle East watchers. Iraq’s new role as a Saudi-Iran intermediary comes as the Saudis have...

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The Second Filling of the GERD Reservoir

Source: Wilson Center Author(s): Marina Ottaway Original Link: https://www.wilsoncenter.org/article/second-filling-gerd-reservoir The conflict between Egypt and Sudan on one side and Ethiopia on the other has been simmering for ten years, since Ethiopia started construction of the Great Ethiopian Renaissance Dam (GERD) on the Blue Nile in 2011. The Blue Nile (or Abay River to Ethiopians)...

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Egypt has a water problem—and no, it’s not only the GERD

Source: Atlantic Council Author(s): Yaniv Cohen Original Link: https://www.atlanticcouncil.org/blogs/menasource/egypt-has-a-water-problem-and-no-its-not-only-the-gerd/ The much-talked-about Grand Ethiopian Renaissance Dam (GERD), the mega-dam threatening to leave Egypt thirsty, is just the latest straw straining the camel’s back. Egypt’s water stress has been building up long beforehand. The...

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Egypt: all the risks of the al-Sisi regime

Source: Italian Institute for International Political Studies Author(s): Alessia Melcangi Original Link: https://www.ispionline.it/it/pubblicazione/egitto-tutti-i-rischi-del-regime-di-al-sisi-30475 Increasingly afflicted by a heavy economic situation, the Egypt of President ‘Abd al-Fattah al-Sisi is committed to addressing the heavy social consequences of the Covid-19 pandemic while on...

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