Battered but Still Standing, Egypt Tries to Weather the Economic Ravages of the Iran War
While Egypt is not in the direct line of fire in the US-Israeli war with Iran, its economy is acutely vulnerable to the conflict. In addition to the rising energy prices and shortages that have affected much of the world, it also struggled with issues that reflected its economy’s own underlying structural vulnerabilities.
Trump’s big week in the Middle East weighed down by troubles on other fronts
US President Donald Trump started off his week by flying to Israel and Egypt to mark the Gaza cease-fire and release of the last remaining Israeli hostages. But as these positive developments unfolded in the Middle East, the Trump administration’s overall agenda remained weighed down on other fronts.
Water and Power: Egypt, Sudan, and Ethiopia at Odds Over Africa’s Largest Dam
In this episode of Middle East Focus, hosts Alistair Taylor and Matthew Czekaj are joined by MEI Senior Fellow Mirette F. Mabrouk to unpack the growing tensions over the recently inaugurated Grand Ethiopian Renaissance Dam (GERD) on the Nile.
The Syrian Opposition Meeting in Cairo: One Small Step
Around 100 Syrian opposition figures recently concluded a conference in Cairo. The meeting was noteworthy for two reasons. It signaled Cairo’s cautious but unmistakable entry into the Syrian minefield, and it marks the still-fragmented opposition’s first careful steps in the direction of a compromise with the Assad regime.
Long-awaited elections for Egypt’s parliament, which has been dissolved since 2012 as the result of a court order, have been scheduled in a two-phase process beginning this March. What will the process involve? Why are these elections important? Ahmed Morsy answers essential questions.
In March 2014, before resigning as Egypt’s minister of defense and pursuing his campaign for the presidency, General Abdul-Fattah el-Sisi announced an agreement with the UAE construction firm Arabtec to build a million affordable homes for “Egyptian youth.” The Egyptian Army facilitated the deal by pledging to donate 160 million square meters of land in 18 locations nationwide. Although Arabtec had never handled a project of this scale or value ($40 billion), one of its largest stakeholders (22 percent) is the Abu Dhabi state fund Aabar.
The New Suez Canal Project and Egypt’s Economic Future
During a televised speech on August 5, 2014, President Abdul-Fattah el-Sisi announced a “surprise” he’d planned for the Egyptian people: the launch of the New Suez Canal mega-project, involving an expansion of the existing canal and the development of its environs into a global trade hub. The project is making waves in Egypt and worldwide, mobilizing equipment, contracts, and finance. But the plan to widen and deepen the existing canal to permit passage to the world’s largest container ships and to dig a parallel waterway to allow for two-way traffic was not new.
Egyptian President Abdul-Fattah el-Sisi is no Zionist, as senior Israeli interlocutors like to point out, but his vision of state sovereignty and Egyptian national security often closely aligns with the interests of Israel. When Sinai’s Ansar Beit al-Maqdis, Egypt’s most lethal jihadi group, recently pledged allegiance to the Islamic State in Syria and Iraq, perhaps the most interesting response was the non-response by the governments of Egypt and Israel. From the view of both, the origins and ideologies of Islamist groups are all the same.
This paper is part of an MEI scholar series, titled “Obama’s Legacy in the Middle East: Passing the Baton in 2017.” Click here to view the full project, or navigate using the table of contents to the right.
Cairo’s Ring Road, a peripheral highway linking the city’s core to surrounding districts, is an eight-lane free-for-all, with cars, buses, and overloaded trucks weaving randomly at high speeds. “I for one consider it to be an off-road, not a highway,” says Mahmoud Mostafa Kamal, editor of the online Arabic-language automotive magazine, el-Tawkeel (The Dealership).
This paper is part of an MEI scholar series, titled “Obama’s Legacy in the Middle East: Passing the Baton in 2017.” Click here to view the full project, or navigate using the table of contents to the right.
Egypt’s War on Terror: ISIS, President Sisi, and the U.S.-led Coalition
As the war against ISIS rages in Syria and Iraq, Egypt is fighting its own war on terror. On October 24, the Sinai Peninsula witnessed the deadliest attack on Egypt’s military in years. Twenty-eight soldiers were killed and another 30 injured when a car bomb exploded at the Karm al-Qawadis security checkpoint in Sheikh Zuweid in North Sinai.
Q&A with Hala Shukrallah, President of Egypt's Al-Dostour Party
Hala Shukrallah, president of Egypt’s Al Dostour (Constitution) Party, spoke with MEI about the party’s preparations for upcoming parliamentary elections, its legislative agenda, and the challenges it will face in Parliament.See more of her comments at this year’s Egypt Conference.
Q: How has the Dostour party been preparing for the upcoming parliamentary elections?
Most of Egypt’s newly created secular political parties have complained bitterly about the Parliament Election Law, which former Interim President Adly Mansour rushed to approve in his last day in office, before handing over power to newly-elected President Abdel Fattah el-Sissi.
Egyptian Economic Challenges and Policy Exigencies
In the last three years, Egypt’s economic position has deteriorated dramatically. Domestic and external deficits have increased, causing public debt to grow sharply, external reserves to fall, investment to shrink, and inflation to increase. In the process, growth decelerated, unemployment rose, income distribution worsened, and the medium term economic outlook became clouded.
Although power cuts are hardly new in Egypt, no Egyptian government has tackled the problem seriously and transparently. After the January 25, 2011 uprising, Egyptians had less patience with the failures of state services and demanded change.
The oldest peer-reviewed publication dedicated to the study of the modern Middle East, MEI’s flagship journal covers politics, society, and culture in the region.
