Category: Egypt

Despite dwindling revenues from the Suez Canal, Egypt’s economy is holding its own and is looking better than it has in years. President Sisi may have been forced by the World Bank into implementing some of the financial policies now in place, but the seeds he planted are now beginning to bear fruit.…… Read the…

The whole world is watching the Middle East as Israel launches attacks on Hezbollah in Lebanon and Russian owned assets in Syria while continuing its campaign against Hamas in Gaza and bombing Houthi targets in Yemen. This regional situation has done some damage to Egypt’s economy but, if we are honest, it has also brought…

Overview. Egypt’s role will remain pivotal in what comes next for the entire Middle East. President Sisi has the trust of western and Gulf leaders. He also commands the grudging respect of Israel and that is paramount to his unique position to be the man who steers his neighbours to some kind of middle ground.………

Overview. Egyptians are sitting in the dark – literally – about what comes next. All eyes look to Israel and what it will do next. The worry of an escalation of violence and fighting on the nation’s doorstep is keeping people glued to their chosen news sources. This is good for President Sisi.…… Read the…

Overview. President Sisi’s patience and diplomatic skills are being sorely tested. Israel appears intent on pushing every last one of his buttons to see just how far they can go. It is in Egypt’s interest to bring peace to Gaza. Revenue, growth, and stability depend on it, but Israel is making it difficult for some…

This month it is all about the money. As March opened USD1 was trading at EGP30.89. As it ended USD1 bought you EGP47.25. The much-anticipated floatation of EGP was long overdue – indeed, we predicted it six months ago. The knock on impact on prices has been painful for many but there has still been…

For the first time in we can’t remember how long we are seeing a little light on the economic horizon. And that is long overdue. Despite fighting on all of Egypt’s borders, Cairo has maintained a calm and controlled demeanour and that has paid off well. Sisi and his team still have much to do…

Everything that Egypt has done in recent months to try and shore up its economy is being slowly undermined by the situation in Gaza as it begins to have greater regional consequences. Now, more than ever, President Sisi will need every weapon in his political and diplomatic arsenal both at home and abroad.…… Read the…

As fighting on Egypt’s eastern border intensifies, internationally everyone is looking to Egypt to see what comes next. Cairo remains concerned about an influx of Palestinians into the Sinai but is in a limited position to do anything about it. Meanwhile, Egypt continues to suffer from a foreign currency gap and all eyes at home…