Category Archives: Diary of Aak

This Week in Egypt: Week 21-2023 ( May 22-28)

Posted on May 29, 2023 by nervana111

Top Headlines Egyptian parliament approves a new package of tax and fee hikes amid criticism Qatar says investments in Egypt are coming, but no more deposits. Egypt’s mounting debt raises doubts amid stalled reforms and inflows Egypt and Iran to … Continue reading →

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This Week in Egypt: Week 20-2023 ( May 15-21)

Posted on May 22, 2023 by nervana111

Top Headlines Egypt refutes diplomatic breakthrough with Iran Egypt’s Sisi attend Arab League summit; meet with Assad 22 new decisions to boost investment in Egypt Greek firms announce deal for developing renewable energy projects in Egypt Fitch downgrades 4 Egyptian … Continue reading →

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This week in Egypt: Week 19-2023 ( May 8-14)

Posted on May 14, 2023 by nervana111

Top Headlines Israel and Palestinian Islamic Jihad agree Gaza truce mediated by Egypt  After Saudi Détente, Iran is looking towards mending fences with Egypt Egypt’s inflation eases for the first time since June 2022 Egypt’s external debt increases $7.9billion to record … Continue reading →

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Podcast: A discussion with ex-Egyptian MP Mohamed Fouad on Egypt’s economic crisis

Posted on May 7, 2023 by nervana111

Egypt faces a deepening economic crisis. For the average the problem is rising inflation, for foreign observers, the problem is the army outsized rule in economy. Dr Mohamed Fouad, a previous MP in the Egyptian parliament and business management consultant, … Continue reading →

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This Week in Egypt: Week 18-2023 (My 1-7)

Posted on May 7, 2023 by nervana111

Top Headlines Fitch downgrades Egypt to ‘B’ as economy reels S&P revises outlook for three Egyptian banks from stable to negative UAE’s Aldar Properties to hold off further Egypt investments for now Egypt launches first round of national dialogue Arab … Continue reading →

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This Week in Egypt: Week 17-2023 ( 24-30 April)

Posted on April 30, 2023 by nervana111

Top Headlines Egyptian embassy staff member was killed in Khartoum, Egypt relocates its diplomatic mission  Thousands of Sudanese families cross into Egypt to flee fighting Egypt struggles to lure Gulf buyers in state asset sell-off Fitch Solutions raises its forecast … Continue reading →

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This Week in Egypt: Week 16-2023 ( April 17-23)

Posted on April 23, 2023 by nervana111

Top Headlines Three flights of Egyptian troops have returned home from Sudan  Staff member at Egyptian embassy in Khartoum sustained injury after gunshot Over 400 Egyptian civilians evacuated from Sudan Egypt’s Sisi affirms non-interference in Sudan crisis, urges negotiations UAE-mediation … Continue reading →

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This Week in Egypt: Week 15-2023 ( April 11-16)

Posted on April 16, 2023 by nervana111

Top Headlines Egypt Armed Forces urges safeguarding of safety of Egyptian troops in joint training in Sudan Sudan’s RSF says it’s ready to cooperate over Egyptian troops in Sudan  Egypt and South Sudan offer to mediate between Sudanese sides Egypt’s … Continue reading →

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This Week in Egypt: Week 14- 2023 ( April 3-9)

Posted on April 10, 2023 by nervana111

Top Headlines Egyptian stock market extended losses, and non-oil activity shrinks as inflation soars Egyptian pound is among the worst performing currencies in 2023 Egypt’s dollar crunch leads to shortage of medical supplies Egypt, Sudan hold joint military drills as … Continue reading →

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This Week in Egypt: Week 13-2023 ( March 27- April 2)

Posted on April 2, 2023 by nervana111

Top Headlines Egypt’s Sisi heads to Saudi Arabia amid financial pressure, regional realignment Egypt raises interest rates again as inflation continues to creep up Egypt and Syria commit to closer ties as foreign minister visits Cairo Biden to nominate career … Continue reading →

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