Nobody can argue that the globe has entered a dangerous period of political and economic turmoil. Unfortunately, these disturbances coincide with an extraordinary increase in catastrophic natural disasters, putting enormous pressure on humanity's (...)
Eighty years ago, on January 1st, 1942, Winston Churchill, prime minister of the United Kingdom, Franklin Roosevelt, president of the United States, and Joseph Stalin, prime minister of the Soviet Union, signed the United Nations Declaration, (...)
Reviewing Egypt's economic situation over successive decades reveals a recurring pattern of events, both in terms of causes and outcomes. This brings to mind the renowned literary work by the late Dr. Youssef Idris, titled "The Poverty of Thought (...)
We are concerned about the dire regional situation. Despite Egypt's current political and security stability, academics and public affairs analysts are most concerned about its economic situation.
Unstable economic conditions are the most vulnerable (...)
I would like to commence this article by conveying my sincere appreciation to all those who have contacted me or observed my absence, following a brief hiatus from writing. I assure my esteemed readers that I will resume consistent communication (...)
I pay careful attention to the upbeat remarks made by officials regarding the Egyptian economy. I am fully aware of the numerous reforms that are in progress and the notable advancements that have been made in a number of sectors. However, I also (...)
The Bank of New York Mellon Corp. (BNY) praised on Friday Egypt's new ministerial economic group for their successful collaboration in fostering a supportive environment for the private sector.
BNY emphasised the positive impact of this coordinated (...)
Minister of Finance Ahmed Kouchouk on Friday highlighted Egypt's significant strides in attracting foreign investment over the past five years. He emphasised the importance of sustained economic reforms to further bolster the country's growth and (...)
Egypt's Minister of Investment Hassan El-Khatib on Friday outlined the country's compelling investment proposition. According to Minister El-Khatib, Egypt's competitive edge is underpinned by four key factors:
* Robust Infrastructure: Egypt has (...)
From Piccadilly Street in the British capital of London. Exactly on the opposite side of Green Park, I sat down to take notes on one of Egypt's most significant missions to encourage investment in UK. It was only a 72-hour journey, but I believe it (...)
Dr. Mohamed Farid, chairman of Egypt's Financial Regulatory Authority (FRA), has said that economic reforms being implemented by the government aim at enhancing the efficiency and competitiveness of the non-banking financial sector.
At the British (...)
Rami Aboulnaga, deputy governor of the Central Bank of Egypt, said on Friday that the Egyptian financial system was capable of weathering the initial impact of unification and monetary tightening.
Addressing one of the sessions of the British (...)
A key Egyptian door-knock mission, led by government officials, business leaders, and high-profile investors, has on Wednesday embarked on a three-day visit to London, United Kingdom.
Organised by the British Egyptian Business Association (BEBA), (...)
Egypt's Minister of Finance, Ahmed Kouchouk addressed investors on Thursday during a session focused on de-risking the country's investment environment.
At the British Egyptian Business Association (BEBA) annual door-knock Mission to the UK, (...)
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib outlined on Thursday the government's economic strategy, which prioritises attracting foreign direct investment (FDI), diversifying income sources, bolstering the private sector, and (...)
Egyptian-Emirati commercial connections have been strong and resilient since the 1970s, thanks to the vision of the UAE's founder, Sheikh Zayed bin Sultan Al Nahyan. He saw Egypt as a pillar of political and security stability in the Middle East, as (...)
I can't find the words to express how horrifying the episode was, when Israeli occupiers attacked the "Al-Tabi'in" school at dawn on Saturday, the 309th day of the savage Zionist occupation's onslaught against the Gaza Strip.
A horrific slaughter (...)
Let me begin with a minute of silence for Egyptian sports. I'm talking about sports in general since Egypt's defeats at the Paris 2024 Olympics, which concludes on Sunday, were not restricted to one event but included all individual and team (...)
I resume writing after a three-week break due to personal emergencies. I had hoped to resume my articles with happy or at least positive news. However, it seems the current phase is characterised by turmoil, complexity, and danger, especially after (...)
Today, July 7, 2024, marks the beginning of Dr. Mostafa Madbouly's new term as Prime Minister. Let's set aside any feelings of happiness related to personal interests or disappointment over the departure of an official who may have been a (...)
In 2003, twenty-one years ago, Dr. Farouk El Okda assumed the role of governor of the Central Bank of Egypt. His appointment marked a fresh beginning for an internationally-recognised banking figure. Dr. El Okda played a pivotal role in establishing (...)
Egyptian expatriates are a major source of hard currency inflows. They have always been sending billions of dollars into Egyptian banks to finance their families' expenses or to fund their onshore enterprises.
Annual expat remittances ranged between (...)
After 24 hours of applying the government's decision to hike price of subsidised bread by 300 per cent, we surprisingly see a drop in the income of more than 75 million Egyptians. This decline is the result of raising the price of subsidised bread, (...)
This past week was filled with a wide range of events, situations, and emotions, from uplifting and inspirational to very sorrowful which marked the death of persons who will be missed. The quick sequence of economic and political changes, moreover, (...)
Egypt's economic outlook is brightening. Recent data from both domestic and international sources point to positive trends. A significant boost is coming in the form of foreign currency, with an expected inflow of $60 billion by 2024, which is (...)