The IMF and the Egyptian Debt Risks

Source: Egyptian Institute for Studies Author(s): Mohamed Ahmed Abbas Original Link: https://en.eipss-eg.org/the-imf-and-the-egyptian-debt-risks/ On 6 April 2019, the International Monetary Fund (IMF) issued its fourth review of the Egyptian economy under the extended arrangement regarding Egypt’s $12 billion loan agreement with the Fund. The IMF stated some expectations for the performance of...

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The UAE’s War on the Muslim Brotherhood

Source: Egyptian Institute for Studies Author(s): Muhammad Abdalsattar Original Link: https://en.eipss-eg.org/the-uaes-war-on-the-muslim-brotherhood/ In November 2014, the United Arab Emirates (UAE) declared the Muslim Brotherhood (MB) – including its local affiliate- as a terrorist group (El-Gamal, 2014). The relationship between the UAE and MB (or its Emirati branch: al-Islah) dates...

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Why Sisi’s Amendments Avoided Health Policy

Source: Egyptian Institute for Studies Author(s): Mostafa Gawish Original Link: https://en.eipss-eg.org/why-sisis-amendments-avoided-health-policy/ Egypt and Iraq ranked amongst the 20 worst performing countries in the field of health according to the new World Classification of 2019. The Indigo Wellness Index – which collects data for this classification – is one of the most comprehensive...

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TIMEP Brief: VAT Law

Source: The Tahrir Institute for Middle East Policy Author(s): TIMEP Original Link: https://timep.org/reports-briefings/timep-brief-vat-law/ The VAT Law replaced the existing 10 percent sales tax with a new VAT. The rate was initially set at 13 percent, and increased to 14 percent in July 2017, the start of the fiscal year following the law’s ratification. Although the VAT Law

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Recession of New Stock Exchange Mechanisms in Egypt

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/recession-of-new-stock-exchange-mechanisms-in-egypt/ After a long period of calls by experts for the issuance of two stock exchange mechanisms: ‘market maker’ and ‘short selling’, and due to a significant decline in performance of the market compared to the previous year, the government...

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Egypt: Army’s Domination of Health Sector

Source: Egyptian Institute for Studies Author(s): Amgad Hamdi Original Link: https://en.eipss-eg.org/egypt-armys-domination-of-health-sector/ The Egyptian Ministry of Military Production has expanded its involvement in the Egyptian economic and social affairs in general although these activities are deemed contradictory with the ministry’s vision and objectives. However, the Ministry of...

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Effect of Middle Class Decline on Cultural and Value Framework

Source: Egyptian Institute for Studies Author(s): Nada ZainAlabidin Original Link: https://en.eipss-eg.org/effect-of-middle-class-decline-on-cultural-and-value-framework/ The investment of the middle class in education, health, and housing, their support for good quality public services, their intolerance of corruption, and their trust in others and in democratic institutions, are the very...

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Are politically connected firms turtles or gazelles? Evidence from the Egyptian uprising

Source: Economic Research Forum Author(s): Hany Abdel-Latif and Hassan Aly Original Link:  http://erf.org.eg/publications/20720/ Using an original firm-level database and utilizing the incidence of the Egyptian uprising of 2011, this paper provides an empirical investigation of the effects of firms political connections on employment growth in Egypt. Our unique dataset covers 4008 firms...

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Ethiopian Renaissance Dam & Its Implications on Egypt

Source: Egyptian Institute for Studies Author(s): Shady Ibrahim Original Link: https://en.eipss-eg.org/ethiopian-renaissance-dam-its-implications-on-egypt/ The Grand Ethiopian Renaissance Dam (GERD) constitutes a real crisis for the Egyptian regime, where Ethiopia several times blamed Egypt for the failure of negotiations conducted between Sudan, Egypt and Ethiopia on the dam. Also, the...

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Challenges to Stability in Egypt

Source: Hoover Institute Author(s): Lisa Blaydes Original Link: https://www.hoover.org/research/challenges-stability-egypt The last ten years have seen forms of political disruption within Egypt that were virtually unimaginable a decade ago—from the 2011 protest uprisings; the 2012 election of Muslim Brotherhood candidate Mohammed Morsi to the Egyptian presidency; the 2013 coup...

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WHY EL-SISI’S DECISION TO RAISE EGYPT’S MINIMUM WAGE IS NOT SUCH A GOOD ONE!

Source: German Development Institute Author(s): Amirah El-Haddad Original Link: https://www.die-gdi.de/en/the-current-column/article/why-el-sisis-decision-to-raise-egypts-minimum-wage-is-not-such-a-good-one/ Egypt’s President El-Sisi recently announced a 67 percent raise in the minimum wage to 2,000 Egyptian pounds (115.74 US-Dollar) per month from 1,200 (69.27 US-Dollar). He also promised...

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TIMEP Brief: Investment Law

Source: The Tahrir Institute for Middle East Policy Author(s): TIMEP Original Link: https://timep.org/reports-briefings/timep-brief-investment-law/ The Investment Law promotes remote and underdeveloped regions by offering tax breaks of up to 50 percent for investments in these areas, though companies are only eligible for the tax breaks if they are established within a three-year period of the...

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