Egypt

Egypt’s strategic importance has long led it to seek close trade and diplomatic ties with its neighbours and well beyond. Geography, history and culture link it to Europe, the Middle East and Africa. Since the 1970s, relations with the US have also been a significant element in policy-making, and ties with the Gulf states have benefitted from trade, investment and...

After two years of turbulence and an uncertain economic environment, new policy initiatives in Egypt have been – unsurprisingly – fairly limited, which makes the recent establishment of the Upper Egypt Development Initiative by the Ministry of Investment (MoI) all the more welcome. Bringing about a tangible rise in both public and private spending in Upper Egypt will not...

Egypt has for millennia been one of the most strategically important places on earth, and often one of its most culturally influential. Despite serious structural issues that have held back its economic development, and the past few years of political changes and instability, it remains a country of great global importance. At the meeting point of Asia, Africa and Europe...

With a history dating back around five millennia, Egypt is one of the world’s oldest civilizations. The Pyramids of Giza and the Valley of the Kings in Luxor, among thousands of other less celebrated monuments, attest to the age of the country’s culture, founded on the fertile banks of the Nile and the river’s delta where it meets the Mediterranean Coast. Egypt’s history...

With some of the largest reserves of natural gas on the continent and a robust long-term upstream outlook, Egypt’s natural gas industry has made a significant turnaround by switching from exporting to importing. In the first decade of this century, Egypt went about exploiting its gas resource with great success, doubling production between 2000 and 2006. However, after a...

Thanks to their lengthy development cycles, Egypt’s oil and gas fields have continued to attract foreign investment steadily over the past three years, in spite of the broader instability in the country. The reserves remain extensive enough to ensure continued interest in them for years to come. Nevertheless, there has been a plateau in production levels and, due to...