This Week in Egypt: week 35-2022 ( Aug 29-Sept 4)


Top Headlines

  • Egyptian pound approaching all-time low amid global economic crisis
  • Egypt’s struggle to win back investors to local debt is adding urgency for the government to reach a deal with IMF 
  • Finance minister unveils regulations on reduced customs tariffs
  • Iran has officially announced its intentions to purchase Russian fighter jets produced for Egypt 
  • Tug boats refloated an oil tanker that was briefly stranded in Egypt’s Suez Canal
  • Egyptian and American navies carried out joint training
  • Investigators seized 27 looted historical artefacts from the Metropolitan museum, which are to be returned to Italy and Egypt
  • Egypt to open 1st line of high-speed electric railway project in November

Main Headlines

Monday

  • Egypt’s Sisi offers Iraqi leaders Egypt’s full support amid the storming of government Palace
  • Default jitters stalk Egypt, sending traders on wild ride
  • Egypt pledges 6% budget deficit, 1.6% initial surplus to IMF in lead-up to a new loan
  •  Egypt plans to issue yuan-denominated bonds worth $500 million-plus
  • Saudi’s Alfanar signs MoU for $3.5 bln green hydrogen project in Egypt

Tuesday

Wednesday

Thursday 

Friday

Saturday

  • John Kerry to visit Egypt on 7-8 September
  • Investigators seized 27 looted historical artefacts from the Metropolitan museum in NewYork, which are to be returned to Italy  and Egypt
  • Egypt spends over EGP 100  million annually on free family planning methods

Sunday

  • Iran has officially announced its intentions to purchase Russian fighter jets produced for Egypt
  • Egyptian and American navies carried out  joint training
  • Egypt’s struggle to win back investors to local debt is adding urgency for the government to reach a deal with IMF
  • Finance minister unveils regulations on reduced  customs tariffs 
  • Egypt to open 1st line of high-speed electric railway project in November
  • Egypt’s revenge porn case: Man arrested after leaking nudes of woman who  rejected him
  • A 19-year-old Egyptian girl shot dead by man for refusing engagement proposal

Reports 

  • Why Egypt’s plans for solar power are left in the shade? The Economist
  • Oil spill darkens Egyptian  tourist town. Emma van der Zalm
  • Egypt restores massive statue of King Thutmose II. Ahmed Gomaa 
  • A 750,000 population surge in 6 months:  what does it mean  for Egypt? Shereif Barakat
  • Pollution erodes fish stocks and livelihoods in Egyptian lake. Reuters

From Twitter

About nervana111

Doctor, blogger and Commentator on Middle East issues. The only practising doctor who write in Middle Eastern politics in UK.
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