DISPATCHES
Egypt may need to renegotiate its US$8 billion loan agreement with the International Monetary Fund as it faces the costs of regional instability President Abdel Fattah el Sisi has warned...
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That means Somalia has won the backing of both Cairo and Ankara two of the most powerful states in the region following the rapprochement between Presidents Abdel Fattah el Sisi and Recep Tayyip Erdoğan...
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They may have calculated they have more to lose by alienating Egypt: given the aid they have poured into President Abdel Fattah el Sisi's government in and their multi-billion migration pact deals with Cairo...
Europe's energy conglomerates queued up to sign a series of multi-billion euro deals with the Egyptian government on 29 and 30 June as President Abdel Fattah el Sisi continues to reap rewards from the regional shockwaves caused by the Gaza war and the international community's determination for Egypt to avoid economic crisis...
Little of the $57bn support is contingent on President Abdel Fattah el Sisi's government making progress on cutting levels of grand corruption or patronage payments to the military's special economic interests...
MBZ and MBS supported General Abdel Fattah el Sisi in Egypt and funded his coup against President Mohamed Morsi (a Muslim Brother) in 2013...
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Egypt's President Abdel Fattah el Sisi buffeted by his country's deepening economic travails and the regional shockwaves of Israel's war in Gaza is recalibrating policy on Sudan's war...
4 billion (US$8bn) aid package for President Abdel Fattah el Sisi's government...
The 'comprehensive and strategic partnership' with Egypt which was signed by European Commission President Ursula von der Leyen and Egypt's President Abdel Fattah el Sisi on 17 March is the costliest and most ambitious of the three (AC Vol 65 No 2 The Cairo price)...
The Gaza conflict has placed Egypt's President Abdel Fattah el Sisi in an uncomfortable position...
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Vol 65 No 2 |
- ECONOMY
- AFRICA
President Abdel Fattah el Sisi's government still eyes the greater prize of an increased ECF of up to $10bn much like the multi-billions in 'rapid' and 'stand-by' IMF financing provided to Egypt back in 2020 to alleviate the economic fallout of Covid-19 (AC Vol 65 No 1 Harsh economics and geopolitics loom)...