Egypt

Transformations in Egyptian Journalism

Transforming Egyptian Journalism

6th February 2013 – The Frontline Club The key to the development of the media in Egypt is not the transformation of journalists but the transformation of institutions, argues Naomi Sakr in her new book, Transformations in Egyptian Journalism. “I wanted to demonstrate that journalism as such may be the least of the problems in [...]

Referendum victory a hollow one for Morsi

President Morsi must turn his attention from parliamentary politics to building a genuine consensus After a first round of voting in Egypt’s referendum on a new constitution, the ‘yes’ campaign is set for certain victory. Ten out of 27 governorates have voted, and the ‘yes’ vote is in the clear with 57 per cent, according [...]

Cereal price rises threaten civil unrest

The Middle East must ensure food supply amid spiking global prices or risk potential civil unrest The current drought-induced surge in global food prices is causing disquiet in the Middle East and North Africa. Memories do not need to be very long to recall that when protesters took to the streets of cities across the [...]


The political crisis in Egypt is threatening the transition to a new democratic regime

Political crisis threatens transition in Egypt

6 April 2012 Egypt is enduring one of its most politically fragile periods since Hosni Mubarak was forced from office A little more than 12 months after President Hosni Mubarak was removed from office, Egypt is teetering on the brink of a political and economic crisis. Plans to draw up a new constitution are in [...]

Cairo: as the political crisis continues, the investment climate is suffering

Vital foreign investment into Egypt dries up

6 April 2012 Egypt’s struggling investment climate is having a major impact on the economy A lack of clear political leadership, an uncertain business environment and a struggling economy mean that firms are thinking twice before investing in Egypt. The uncertainty of the business environment has been thrown into sharp relief in recent weeks by [...]

Suez Canal delivers in tough year

The Canal has emerged as one of the few bright spots in an otherwise flailing Egyptian economy, with revenues touching a record high in 2010/11 It has been a testing few years for the Suez Canal. First, a rapid rise in pirate attacks in the Gulf of Aden between Yemen and Somalia in 2008 threatened [...]


Gas still a challenge for resurgent Middle East market

The combination of the global economic crisis and political turmoil in the Middle East and North Africa made 2011 a tough year for investment in the region. But the significant increase in oil prices and the return of a degree of stability to several of the affected markets means the outlook for the coming year [...]

Debt fears loom over Dana Gas

One month after the United Arab Emirates’ Dana Gas issued its preliminary 2011 financial results, the crucial question of how the company plans to address serious liquidity problems remains unanswered. A $1 billion sukuk (Islamic bond) taken out by Dana Gas in 2007 is due for repayment in October. But the combination of a poor [...]

Political uncertainty drags on in Egypt

The slow progress of political reform continues to frustrate people that are desperate for change The beginning of the trial of former president Hosni Mubarak on 3 August marked another step towards the consignment of Egypt’s old political order to the history books. But when it comes to the replacement of the old regime with [...]


Unrest hits Europe gas strategy

Civil war in Libya and uncertainty over available gas from Egypt and Algeria means major additions to supply from the three major North African markets is unlikely For several years, one of the key aims of Europe’s energy strategy has been to secure a diverse and reliable gas supply. The continent’s own gas production is [...]

Power integration gains popularity in Egypt

Egypt is embarking on an ambitious plan to link up its electricity grid with Saudi Arabia. But full regional integration is a long way off due to perennial power shortages and pricing issues Egypt’s plans to link its power network with Saudi Arabia are the latest in a growing network of electricity grids in the [...]

Unrest takes toll on Egypt’s economic growth

The political upheaval and lingering uncertainty in Egypt means a long wait for a return to the strong economic growth that the country enjoyed until the end of 2010 The tumultuous events of January and February that resulted in the collapse of President Hosni Mubarak’s regime have already had a dramatic impact on Egypt’s economy. [...]


Search for justice begins in Egypt

Investigations into alleged corruption by Mubarak’s government is having a severe impact on some of Egypt’s largest industrial and construction firms On 13 April, Egypt’s prosecutor general ordered the detention of former president Hosni Mubarak and his sons, Alaa and Gamal. The news came as a victory for the demonstrators that had remained on the [...]