T
he decision to restructure subsidies has been a decisive and audacious move that has reflected and assured transparency and the proper governance of policies and strategies planned by the political leadership at critical stages in Egypt's economic (...)
The Egyptian economy is recognised as a remarkable story of success in economic and financial risk management, well represented by the launch of the National Structural Reform Programme (NSRP) in April 2021. Egypt has succeeded in laying the (...)
Digital diplomacy can be defined as the use of digital networks by states to determine and establish diplomatic goals and objectives and to efficiently carry out the functions of diplomats. These functions mainly cover representation and the (...)
During the tenure of former UN secretary-general Ban Ki-moon the UN General Assembly declared the period between 2011 and 2020 to be the UN Decade on Biodiversity. By 2020, biodiversity would be valued, conserved, restored and wisely used, (...)
The severity of external shocks can be gauged by the extent to which economies are resilient enough to absorb them. But building a well-founded economy and making it more resilient requires major domestic structural reforms and well-coordinated (...)
It is important to shed light on the development of the textile industry in Egypt, one of the leading industries for the country's economic development in many periods in addition to being one of the major suppliers of cotton and other primary (...)
In a few days, Egypt will take up the presidency of the African Union (AU) for 2019, signalling the trust of the African countries in the credibility and transparency of Egyptian leadership.
The AU Assembly of heads of state and government has (...)
In a few days, Egypt will take up the presidency of the African Union (AU) for 2019, signalling the trust of the African countries in the credibility and transparency of Egyptian leadership. The AU Assembly of heads of state and government has (...)
Egypt and Germany signed a four-year economic cooperation protocol worth 129 million euros divided between economic development initiatives, energy, water-related projects and other youth-targeted schemes last week on the sidelines of president (...)
The first Egyptian-made handgun was produced at the Al-Harbi Factory on 23 October 1954, now set aside each year as Military Production Day. On the occasion of its 64th anniversary, it is worth shedding further light on the significant contributions (...)
The Forum on China-Africa Cooperation (FOCAC) began 18 years ago and is today recognised as a crucial model of successful economic cooperation between China and Africa. The trade volume between China and Africa reached $160 billion in 2017 compared (...)
The fifth visit of President Abdel-Fattah Al-Sisi to Sudan achieved significant progress in promoting bilateral economic relations between Egypt and Sudan. The visit came after Sudanese President Omar Al-Bashir's visit to Egypt in March 2018 to (...)
The government's gradual removal of energy subsidies is a decisive and audacious step that reflects and ensures the transparency of its economic policy at a critical stage in Egypt's economic reform process and in the framework of the 2030 UN (...)
Egypt together with another 44 African countries recently signed the African Continental Free-Trade Area Agreement (AFCFTA), which is a crucial step towards creating an African common market.
African economic integration is expected to contribute to (...)
Egypt together with another 44 African countries recently signed the African Continental Free-Trade Area Agreement (AFCFTA), which is a crucial step towards creating an African common market.
African economic integration is expected to contribute (...)
Egypt will once again become a member of the International Olive Council (IOC) thanks to its ratification of the International Agreement on Olive Oil and Table Olives in January. Presidential Decree 560/2017, signed in Cairo on 8 January, will (...)
President Abdel-Fattah Al-Sisi inaugurated the first stage of the Zohr Gas Field on 31 January after two years of enormous efforts. In spite of various obstacles and challenges in the wider political and economic environment, the government grasped (...)
President Abdel-Fattah Al-Sisi inaugurated the first stage of the Zohr Gas Field on 31 January after two years of enormous efforts.
In spite of various obstacles and challenges in the wider political and economic environment, the government grasped (...)
Egypt is retaining its leading role in the international community. The effectiveness of this role is demonstrated through the country's contribution to forging multi-party relations and its non-permanent membership of the UN Security Council and (...)
Egypt is retaining its leading role in the international community. The effectiveness of this role is demonstrated through the country's contribution to forging multi-party relations and its non-permanent membership of the UN Security Council and (...)
The International Monetary Fund (IMF) has a fruitful history of cooperation with Egypt in terms of supporting the country's economic reforms. Egypt has been a member of the IMF since December 1945, and it has drawing rights for loans in accordance (...)
In 1992, the then UN secretary-general Boutros Boutros-Ghali renewed the concept of “preventive diplomacy” in his “Agenda for Peace,” dividing it into four main axes: fact-finding, confidence-building, early warning and preventive deployment.
More (...)
Dependence on foreign investment and long-term development loans without bolstering domestic financing from competitive industries and investment will make the Egyptian economy more vulnerable to sudden external shocks that could threaten economic (...)
The great powers derive their dominance from their economic power, and Egyptian diplomacy has been looking to greater economic cooperation as a means of deepening the country's relations with Eastern Europe and Asia in order to strengthen (...)
The government has embarked on a critical economic reform programme that has encompassed the floating of the Egyptian pound, the implementation of fiscal consolidation measures and the reform of the investment climate.
In November 2016, the Central (...)