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...
From the affairs of the ancient Mediterranean world through Ottoman times to today’s modern Middle East, Egypt has long been a dominant player in the politics and economics of the region. Egypt’s role in the Arab Spring, which began in 2011 and led to the ouster of octogenarian President Hosni Mubarak, proves that the country today is just as...
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