The usefulness of remittances to the Egyptian economy is something that has been noted by successive governments since the beginning of the nation’s history as a modern republic. During the 1960s, President Gamal Abdel Nasser famously looked to the Egyptian diaspora for valuable foreign currency, appealing to the national pride of Egyptians working...
Egypt is the largest country in the region, with more than 60% of its population under the age of 30. It was the needs and aspirations of those young men and women that ignited the January 25 and June 30 events. Their need for jobs, freedom of expression, political participation, transparency, social justice and a brighter outlook solidified their resolve to bring about...
While Egypt has a number of long-term assets – including a large and growing population, broad export profile, strong manufacturing base, natural resources and huge potential tourism revenues – the uncertainty over the country’s stability, economic indicators and broader policies has slowed growth and production over 2013 (see Economy chapter)....
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