Trump Blinks, and Egypt’s Sisi Wins

By giving in on aid, Washington just lost its leverage in Cairo. Once again, Washington has backed down in a standoff with Cairo over military aid. On July 25, U.S. and Egyptian officials revealed that Secretary of State Mike Pompeo … read more

Egypt to ban raw material exportation

In order to boost the value chain in Egypt, the Ministry of Industry and Trade plans to ban the exportation of raw material that occupies the top position of Egypt’s exports list so that they enter multiple manufacturing processes. Examples … read more

The Secret Lives of Cairo’s Embassies

No matter where you look in Cairo’s Nile-side Dokki district, the Czech embassy looms like a hulking rectangular shadow. Rising a dozen floors from a sprawling compound and arrayed across roughly 1,000 rooms, it dominates the approach to Cairo University. … read more

Egypt remittances expected to rise nearly 50%

Remittances from Egyptians abroad are expected to hit $26 billion for the 2017-18 fiscal year that ended in June, the central bank said, a nearly 50 per cent jump year-on-year but less than an earlier projection. Remittances have surged since … read more