In March, Egypt’s Supreme Administrative Court suspended the country’s long-awaited parliamentary elections,[1] originally scheduled to begin March 21.
Egypt is not out of the dark, but there is reason to be hopeful. The nation’s energy market reforms and consistent debt repayments have won the attention and approval of international energy companies and investors in the form of significant investment in the Egyptian energy sector. New upstream (exploration and production) oil and gas contracts, a recent increase in renewable energy ventures, and dozens of additional preliminary agreements in both the hydrocarbon and utility sectors are proof of the improved investment climate.
Saudi Arabia’s late King Abdullah first conceived of the Egypt Economic Development Conference (EEDC) as a means of supporting Egypt and its new government after the toppling of President Mohamed Morsi in June 2013. The plan was to provide a forum through which donors could coordinate their economic assistance, and lengthy preparations finally culminated in a well-organized event on March 13-15.
Egypt’s President Abdel Fattah el-Sisi has not been shy about the need to reform religious discourse and relations.[1] He is concerned about how the image of Islam has been marred by Muslims themselves, and how extremist thought has torn the fabric of Muslim-Christian unity. Visiting the Coptic Orthodox cathedral on Christmas Eve, he told the cheering audience, “We will build Egypt together.
Ivan L. G. Pearson’s In the Name of Oil: Anglo-American Relations in the Middle East, 1950-1958 provides a comprehensive analysis of the extent to which British interests in the Middle East influenced or were furthered by the United States between 1950 and 1958.
Egypt’s Economic Development Conference will be held in Sharm el-Sheikh March 13-15, 2015. The conference aims to lay out the Egyptian government’s economic vision and plans for reform and position Egypt as a desirable destination for international investment. We spoke with Hoda Selim, an economist at Egypt’s Economic Research Forum, about the country’s current economic position and how the conference could help.
On March 13, Egyptian President Abdel Fattah el-Sisi will inaugurate the Egypt Economic Development Conference in the resort city of Sharm el-Sheikh. The main objective of the conference is to put Egypt back on the world investment map. Sisi’s government is aiming to achieve a target of $60 billion of foreign investment in the coming five years. This ambitious amount would close Egypt’s resource gap and would generate sufficient growth to absorb growing unemployment.
As 2014 drew to a close, the Egyptian economy was making international headlines. The Financial Times called Egypt the world’s best destination for stock market investment.[1] Meanwhile, the Egyptian press documented a flurry of visits by delegations of businessmen from various economic superpowers.
“Crises left to fester sometimes find their own way to the front burner.” Written on January 5, 2015, this sentence reflected my fear that starving Libya of high-profile international attention was increasingly risky. The beheading of 21 Egyptian Coptic Christians in Libya by Islamic State (ISIS) extremists this week appears to have placed the situation in Libya front and center.
This article was first published by the Atlantic.
The government of former Egyptian President Hosni Mubarak had a vision for Cairo’s future. In 2007, it put forth a plan dubbed “Cairo 2050,” and among its objectives was to create wide avenues, green spaces, and new or revamped tourist sites, such as near the Pyramids.
On January 28, 2015, jihadis in Sinai launched multiple, simultaneous attacks against Egyptian security forces in the vicinity of El Arish and the nearby towns of Sheikh Zuweid and Rafah. These attacks occurred only hours after President Abdul-Fattah el-Sisi said that he would die defending the region from terror. “We will never leave Sinai,” Sisi said. “Sinai is ours.
At the Bahariya Oasis 235 miles southwest of Cairo, the mountains of the Western Desert are interrupted by vast circular patterns of greenery. On one of these large farms, in striking contrast to the ancient, wind-shaped sandstone in the background, solar panels stand in neat rows. Here at the center of the largest hyper-arid region on earth, KarmSolar, a three-year-old Egyptian solar energy start-up company, has built its headquarters.
During and immediately following the 2011 Egyptian uprising, Coptic activism reached new heights. Copts organized and came together to call for protection for their communities and rights more generally. However, particularly since the fall of the Muslim Brotherhood and the election of President Abdul-Fattah el-Sisi, such activism has declined. Today, the number of active, effective Coptic movements can be counted on one hand. This leaves the church carrying the mantle of Coptic identity, allowing the pope to decide whether or not to engage in politics.
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.