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Research & Commentary Results

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Egypt’s future in the LNG market
Photo by Dana Smillie/Bloomberg via Getty Images
  • التحليل
  • Egypt’s future in the LNG market

    Egypt is currently the fastest-growing Arab exporter of liquefied natural gas (LNG), according to a report released by the Organization of Arab Petroleum Exporting Countries on Aug. 16. The report showed that Egypt exported around 1.4 million tons of LNG in the second quarter of 2021, having not exported any LNG during the same period in 2020.

    September 21, 2021

    The return of the pharaohs: The rise of Egypt’s civilization-state
    Photo by KHALED DESOUKI/AFP via Getty Images
  • التحليل
  • The return of the pharaohs: The rise of Egypt’s civilization-state

    After decades of soul searching to define itself as a state, Egypt is building its own civilization-state and seeks to join an emerging club of nations that center historical and cultural tradition in their policy and governance structures and reject the West’s cultural dominance. The civilization-state is the prism through which Western capitals should view and understand Egypt’s domestic and foreign policy moves. 

    East Med gas needs clean tech and regional integration to support investment case
    Photo by Athanasios Gioumpasis/Getty Images
  • التحليل
  • East Med gas needs clean tech and regional integration to support investment case

    The viability of Eastern Mediterranean natural gas resources has long been a source of debate for reasons including cost considerations, market demand, and regional geopolitical tensions. The past couple of years have further complicated the debate, introducing new questions about the role of these resources in supporting post-pandemic economic recovery or helping more advanced markets achieve net-zero policies by replacing coal and other fuel sources (a particularly relevant topic of debate given Europe and Asia are key export targets for East Med gas).

    September 14, 2021

    Egypt needs a more inclusive approach to subsidy reform
    Photo by Shawn Baldwin/Bloomberg via Getty Images
  • التحليل
  • Egypt needs a more inclusive approach to subsidy reform

    Speaking at a public event earlier this month, Egyptian President Abdel-Fattah el-Sisi made the surprise announcement that the next step in the country’s economic reform agenda will include the removal of bread subsidies. He becomes the latest in a long line of presidents to target the bread subsidies that provide cheap sustenance to a country of (now) over 100 million people at a huge cost to the state, although none of his predecessors ever successfully managed to remove or significantly reduce them.

    August 25, 2021

    إسرائيل ومصر تتصدران توقعات النمو في الشرق الأوسط وشمال إفريقيا: قصة استراتيجيتين متباينتين
  • تعليق
  • إسرائيل ومصر تتصدران توقعات النمو في الشرق الأوسط وشمال إفريقيا: قصة استراتيجيتين متباينتين

    الدولتان في الشرق الأوسط اللتان تتمتعان بأعلى توقعات نمو لعام 2022 هما إسرائيل ومصر. وتقدر مؤسسة فيتش سوليوشنز أن الناتج المحلي الإجمالي على مستوى منطقة الشرق الأوسط وشمال إفريقيا سينمو بنسبة 3.6% في عام 2021، بعد انكماش بنسبة 4% في عام 2020. هنا نجد أن مصر وإسرائيل هما الدولتان الوحيدتان في المنطقة اللتان يُتوقع نمو اقتصادهما بما يتجاوز حجم مستويات ما قبل كوفيد-19.

    Israel and Egypt top growth expectations in MENA: A tale of two divergent strategies
    Photographer: Kobi Wolf/Bloomberg via Getty Images
  • التحليل
  • Israel and Egypt top growth expectations in MENA: A tale of two divergent strategies

    The two countries in the Middle East with the highest growth expectations for 2022 are Israel and Egypt. Fitch Solutions estimates that MENA-wide GDP will grow by 3.6% in 2021, after a contraction of 4% in 2020. Egypt and Israel are the only countries within the region expected to grow their economies beyond the size of their pre-COVID-19 levels for 2021.

    Russia and the GERD: An uneasy balancing act
    Photo by Russian Foreign MinistryTASS via Getty Images
  • التحليل
  • Russia and the GERD: An uneasy balancing act

    Since late June, Russia has expanded its diplomatic involvement in the Grand Ethiopian Renaissance Dam (GERD) dispute between Egypt, Sudan, and Ethiopia. While Russia has offered technical assistance to the GERD’s conflicting parties, it has refrained from inserting itself into the Nile dam dispute as a mediator and instead balanced the views of Egypt, Sudan, and Ethiopia in multilateral fora. Russia’s balancing strategy has been positively received in Sudan and Ethiopia but has created latent frictions with Egypt. Russia has persisted with this non-interference policy, as it has largely prevented a spillover of tensions over the GERD to other areas of cooperation with Egypt and believes that its position will help consolidate its partnership with Ethiopia.

    August 16, 2021