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Homeeconomic crisis

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Egypt Latest News

Germany Approves €800m Arms Export Deal to Egypt

June 17, 2019 Ahmed Rashed

The German government had approved an €800 million ($899 million) arms export deal with Egypt during the period from 1 January to 5 June 2019, the country’s economic affairs ministry announced yesterday. Responding to a [ More … ]

Turkey Latest News

Turkey – US Tension, White House Condemns Turkey’s New Tariffs

August 16, 2018 Ahmed Rashed

The US has condemned a decision by Turkey to increase tariffs on American cars, alcohol and tobacco imports, calling the move, step in the wrong direction. Turkey took the action in response to what it [ More … ]

Analysis

Turkey, The Dance of the Dollar, What are the Real Reasons?

August 10, 2018 Ahmed Rashed

The rise in the exchange rate of the dollar, which has rallied in recent days, is ongoing. It is known that political reasons remain in the background of this rise. The last apparent reason is [ More … ]

Egypt Latest News

Angry reactions in Egypt toward fuel price hikes for the second time in months

June 30, 2017 MEO Staff

Egypt has raised the prices of fuel by up to 55 percent, the second such increase since the local currency was floated seven months ago. Egypt has raised the prices of fuel by up more [ More … ]

Analysis

Is fear from a likely popular uprising behind Al-Sisi’s massive arms purchases?

January 27, 2017 Ahmed Rashed

Since Abdel Fattah al-Sisi became president after he led a military coup against Egypt’s first democratically elected President Mohamed Morsi, the Egyptian military has embarked on a massive spending spree. Egypt ranked the second among [ More … ]

Egypt Latest News

A recent survey says Al-Sisi’s popularity declined by 50% in his 2nd. year in office

January 5, 2017 Ahmed Rashed

A recent survey by a a non-governmental organization close to the current regime has unveiled that the Al-Sisi’s popularity declined by 50% during his second year in office. The Egyptian Center for Public Opinion Research (Baseera), [ More … ]

Egypt Latest News

Egypt bet. a Crippling Economic Crisis and Constant Police Repression .. Where to?

November 13, 2016 Ahmed Rashed

Several Egyptian cities have witnessed skirmishes between protesters and the Egyptian police forces on Friday, according to Anadolu Agency. Hundreds of protesters took to the streets after Friday Prayers to participate in the “Uprising of [ More … ]

Column

The Egyptian Crisis and the Israeli Ambitions

November 6, 2016 MEO Staff

By: Mohamed Abu Saada*  – The Struggle to Survive and Extend   – Egypt … Where to?  Introduction: Different Israeli media outlets have been dramatically shedding light on the economic, social, security and political situation [ More … ]

Saudi Arabia News

Saudi Arabia meeting investors to issue the country’s first international bond

October 11, 2016 MEO Staff

Saudi Arabia’s officials are meeting investors this week to gauge appetite for the country’s first international bond, a potential multibillion-dollar issue aimed at strengthening the kingdom’s finances strained by low oil prices, reported The Wall [ More … ]

Egypt Latest News

Al-Sisi Will Spend $ 451 Million for Building a Museum While Egyptians Suffer from Govt. Austerity Policies

September 9, 2016 Ahmed Rashed

Despite Egypt’s economic problems and the austerity policies announced by the government ahead of the IMF loan agreement, the regime is ready to spend almost half a million dollars on building a museum. Japan has [ More … ]

Egypt Latest News

A Retired Army General Takes Office As The New Supply Minister

September 7, 2016 Ahmed Rashed

Egypt’s parliament approved the government’s nomination of a retired army general to take office as the new supply minister, a key post tasked with the distribution of subsidized food items on which the majority of [ More … ]

Column

Column: Saudi Arabia is facing a ‘squeeze’

August 25, 2016 MEO Staff

Saudi Arabia has a new problem to worry about: borrowing costs. A bunch of ugly warning signs have been bubbling up in Saudi Arabia lately. The economy grew at just a 1.5% clip in the [ More … ]

No Picture
Egypt Latest News

A Field Study: 74% of the Egyptians Reject Al-Sisi Regime

August 11, 2016 Ahmed Rashed

A recent field study for the Egyptian Center for Media and Public Opinion Takamol Masr found that 74% of the Egyptians refuse the continuation of the al-Sisi regime while 11% only wanted the regime to continue and [ More … ]

Egypt Latest News

Al-Sisi: Hard Days Ahead Tough Measures Seeking The IMF Loan

August 1, 2016 Ahmed Rashed

Ahead to reaching an agreement with the International Monetary Fund (IMF), Abdel Fattah al-Sisi warned Egyptians of hard days. Al-Sisi stated on  Monday that tough measures would be needed to turn the country’s ailing economy [ More … ]

Egypt Latest News

The Egyptian Pound Continues Its Decline In Black Market Trading

July 20, 2016 Ahmed Rashed

The Egyptian pound continues its decline in black market trading, with speculations that policy makers will weaken the official exchange rate to end the country’s shortage of foreign currency, reported Bloomberg. According to the average quote [ More … ]

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January 25, 2021

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Egypt Latest News
January 21, 2021

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Saudi Arabia News
January 20, 2021
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