Tuesday , 6 December 2022

Blog Archives

Egypt on ‘high alert’ as protests planned for COP27

Egypt has been placed on a ‘state of high alert’ after activists urged Egyptians to take to the streets on 11 November to protest against deteriorating economic and human rights conditions and Sisi’s political policies.

Stop Funding Sisi’s House of Cards: As the Egyptian president spends on projects of questionable value, the people are suffering

Against the backdrop of entirely preventable catastrophes, Egyptians—like many living in middle- and low-income countries around the world—are confronting a food crisis caused by forces beyond their own government’s control. They are also grappling with a financial crisis that is entirely of Sisi’s making

Egypt’s military economy under threat from the IMF

Less than a month after the Russian invasion of Ukraine, on 21 March 2022, faced with an exceptional rise in food and energy costs, Cairo’s Central Bank raised its base interest rate by 100 points, and devalued the Egyptian pound by some 15% after having spent several days wasting more …