Egypt Economy

For the past year, discussion surrounding Egypt’s monetary policy has been almost completely dominated by a single criterion: a spiralling inflation rate which is having a deleterious effect on business growth, as well as on the lives of ordinary citizens. After an elevated, but manageable, average inflation rate of just over 10% going back to...

Decades of growth in trade and foreign investment have seen the economies of the world become more interconnected and interdependent than ever before. The production of goods and, increasingly, the provision of services has become fractured across borders as corporations create and integrate into regional and global value chains. These trends...

In comparison to the years before 2011, Egypt’s post-revolutionary period has been defined by political upheaval and dynamism. The country has adopted a new constitution, moved to a unicameral legislature, had two presidents – Mohamed Morsi, who was appointed in the country’s first free presidential election and departed two years later in...

Egypt has long been central to the development of MENA. A focus of cultural output and political thought, the country continues to be a key influencer within the Arab world. While the oil riches of the Gulf have changed the equation somewhat, Egypt still remains one of the most significant actors in the wider MENA region.

ETIQUETTE: It is integral to Egyptian culture to be courteous to foreigners. A conversation, whether business-related or not, is usually accompanied by coffee, tea or juice. Social rules dictate what is appropriate for greeting people in business meetings. Close same-sex friends will sometimes greet...

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