The Egyptian pound has slid to its lowest value in seven years and lost about five per cent of its value over the last two weeks. Foreign currency reserves have also fallen from $36 billion to only $15 billion through the two years up to January (...)
While food subsidies aim to forestall social instability, they do not address the real causes of poverty, writes Nader Noureldeen
Governments use subsidies to decrease the prices of goods to lower than those determined by the free market. While (...)
Nader Noureldeen* explains why food prices have exceeded normal limits during the summer
Foreign and domestic factors have united against the best interest of the Egyptian consumer. Egypt's wheat self-sufficiency is a meagre 35 per cent, while sugar (...)
With wheat production at new lows and prices higher than ever before, Nader Noureldeen* sees another food crisis on the horizon
With the beginning of August, wheat prices recorded a new high -- double that of the month before. The new price ranged (...)
Nader Noureldeen Mohamed assesses water scarcity in the Arab world and suggests several solutions to avoid poverty
The fight against water scarcity, drought and desertification is, in fact, a fight against poverty in Arab countries. The term "water (...)
Nader Noureldeen* argues that Arab countries need to begin producing wheat instead of relying on imports
Wheat, oil and sugar top Egypt's list of food imports. Wheat is a particularly vital commodity since it is the chief ingredient in bread -- the (...)