Efforts to boost industrial output, which were gathering momentum prior to Egypt’s political unrest of 2011, are more than an attempt to simply bolster GDP growth. A persistently high unemployment rate, which grew to 9% in 2010, according to Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS), and reached 12.4% in 2011, has made...
It took no less than 59 years and 16 months for Egyptians to finally exercise the right to freely elect a national leader. In that regard, the popular uprising of 2011 has already delivered more than the Free Officers’ coup of 1952. But with the roles of the military and the presidency still undefined, Egyptians must still wait to see if their...
How can the broader LAS membership reinforce the gains made in the region since the Arab Spring?
The global economic crisis that struck in 2008 propelled Egypt’s main sources of revenue – taxation, remittances, tourism and Suez Canal receipts – into significant declines. The downward trends seen across these important sources of income during 2009 demonstrated that, despites the nation’s relatively robust performance during those difficult...
We will begin a new phase in Egypt’s history and close the page on an abhorrent chapter. We will rewrite a story of glory that echoes back to our wondrous past, a history that belongs to the millennia when Egypt went through eras of prosperity. We will work to avoid reviving the eras of weakness and hardship, for Egypt shall never turn back to...
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