Tuesday , 7 February 2023

Recent News

12 years after the revolution, Egypt is no better than Syria and Iraq

The Mubarak regime was the most stable of the four military regimes that have ruled Egypt in recent times. The regime witnessed no violent demonstrations thanks to the iron grip that Mubarak maintained for 30 years. He surrounded himself with an elite of political, economic and media veterans to keep …

Will Egypt’s economic crisis be the end of Sisi?

Egypt’s President Abdel-Fattah el-Sisi is facing mounting economic and political pressures. Far from signalling that salvation is at hand, the International Monetary Fund’s (IMF) $3 billion loan announced in mid-December highlighted the challenges ahead and the limited assistance Egypt will receive to meet them.

Sisi’s Suez Canal Debacle

On the 19th of December, the Egyptian parliament offered preliminary approval for an amendment to law 30 issued in 1975 which pertains to the regulation of the operations of the Suez Canal Authority. The amendment to the law provides for the creation of a “Suez Canal Fund,” where surplus revenue …