Egypt

Egypt

Population: 82 mn.
GDP: 255 bn.
Debt: 34.8 bn.
Overview:

Clashes between President Mohamed Mursi's Muslim Brothers and political secularists will continue. Delayed legislative elections will be another flashpoint. Mursi's failings on the economy could prove the most dangerous to him since his ministers are supposed to impose cuts on state subsidies and salaries in exchange for vital International Monetary Fund financing.

 

 

Egypt Country Report



news from Egypt

Category: all

Found 65 articles.

Displaying 1-10 out of 65 results.

  • Vol 54 No 9
  •  26th April 2013

Patience snaps over IMF

Two senior Finance Ministry officials resign over the government’s continuing refusal to grasp the nettle of an IMF package

  • Vol 54 No 7
  •  29th March 2013

No cash to count on

The failure of successive governments to get a grip on economic policy has left Egypt’s finances in a perilous state

  • Vol 54 No 1
  •  11th January 2013

Navigating the rapids

Egypt is set for another turbulent year as the political conflicts following the 2011 revolution play out and the economy struggles to recover

  • Vol 53 No 25
  •  14th December 2012

A country polarised

The President’s enforcement of his power over the judiciary paves the way for a new constitution and a dangerously divided country

  • Vol 53 No 25
  •  14th December 2012

Tax threat to IMF deal

The uproar caused by President Mohamed Mursi’s declaration of full powers on 22 November threatens Egypt’s efforts to mobilise funds from the International Monetary Fund and other donors to lay the basis for economic recovery.

  • Vol 53 No 24
  •  30th November 2012

Egyptians return in search of gold

Last August, Egyptian billionaire Naguib Onsi Sawiris, 58, bought La Mancha Resources, owner of 40% of Sudan’s Ariab Mining Company. Naguib is a Coptic Christian and telecommunications captain of his huge Orascom empire with his younger brothers Samih (pr...

  • Vol 53 No 21
  •  19th October 2012

IMF finance for Mursi's new order

The planned US$4.8 billion International Monetary Fund loan for Egypt could be concluded within the next two month. And other foreign financing is on its way, say officials at the International Monetary Fund and World Bank Annual Meetings in Tokyo.

  • Vol 53 No 20
  •  5th October 2012

Courting foreign business

The new government wants to win back the confidence of foreign investors but all it has to offer is warmed-up policies from Mubarak’s era

  • Vol 53 No 17
  •  24th August 2012

President Mursi's soft coup

The Muslim Brothers consolidate power and find some military support, while the media suffers a crackdown

  • Vol 53 No 17
  •  24th August 2012

Let them wear cotton

One of the first challenges for Egypt’s new Prime Minister, Hisham Kandil, was to explain the collapse of large swathes of the electricity grid in early August. In a late-night television address, he rattled off statistics about the unexpected rise in dem...

Displaying 1-10 out of 65 results.