The last 18 months have carried Egypt through a radical political transformation. President Hosni Mubarak, who had ruled Egypt for three decades, stepped down amid nationwide protests. Mubarak’s former ruling party, the National Democratic Party, has been dissolved, and for the first time in history, Egyptians participated in fair and free...
One of the most frequent observations made of the Arab Spring throughout the Middle East, particularly in Egypt, has been the performance of religious movements. For many in the West, the triumphs of Al Nahda in Tunisia or that of the Egyptian Muslim Brotherhood and its Freedom and Justice Party (FJP) are symbolic of a broader narrative sweeping...
What should the incoming government’s top priorities be for economic growth and development?
The local labour market has long been viewed with a degree of equivocation by observers, who frequently describe it as both an asset and a potential liability. With 45% of the population between the ages of 15 and 39 and around 200,000 graduates entering the workforce each year, the advantages for domestic and international firms dependent on an...
The possibility of a major devaluation of the Egyptian pound has been a feature of any economic debate regarding Egypt’s currency position for some time. While the president has shown a determination to defend the currency, the toll this has taken on foreign reserves has made devaluation an inevitability in the eyes of many, even amidst renewed...
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