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IMF Should Demand Transparency for Egypt Military’s Firms: HRW

The International Monetary Fund (IMF) should demand the Egyptian government disclose financial information about military-owned businesses as part of required reporting on state-owned enterprises, before releasing the next tranche of funding under an ongoing loan program, Human Rights Watch, Cairo Institute for Human Rights Studies, and the Freedom Initiative said …

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Dollars to Despots: Sisi’s International Patrons

President Sisi’s regime follows a consistent policy of entrenching itself in the global financial system to align its own stability with the economic interests of international organizations, Western states, and private companies.

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The Implications of Egypt’s Military Economy

The Carnegie report “Owners of the Republic: An Anatomy of Egypt’s Military Economy” details how the involvement of the Egyptian Armed Forces in the economy has undergone a transformation in scope and scale under President Abdel-Fattah el-Sisi, giving rise to a new version of Egyptian state capitalism.

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The Chronic Underperformance of Egypt’s Military Economy

The historical pattern of Egypt’s development model puts the military at the center as economic savior. Egyptian President Abdel Fattah el-Sisi did not invent the military’s fixation on controlling the economy for political ends, but after decades of military involvement in the economy, Egypt continues to slide lower on all …

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Egypt cracks down on Syrian businesses allegedly tied to Brotherhood

The Egyptian government has begun taking measures to monitor the commercial activity of Syrians in Egypt out of fear that some businesses are being used to fund the Muslim Brotherhood. The measures include not approving any commercial activity for Syrian nationals except with permission from the security authorities, as well as monitoring Syrian account …

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