May 8, 2017 | Egypt, Menas Associates
This article was taken from our fortnightly Egypt Politics and Security publication. The Egyptian-American, Aya Hegazy; her husband, Mohamed Hassanein; and some co-workers from the Beladi Foundation — a charity which helped street children — have been released after...
Apr 3, 2017 | Egypt, Menas Associates
Over the last few weeks there has been increasing private sector criticism of the government’s economic performance. Whilst this is not being said publicly, we have been repeatedly hearing from the management of companies that they are increasingly despairing of the...
Mar 3, 2017 | Egypt, Menas Associates
This article has been taken from Menas Associates’ fortnightly publication, Egypt Politics & Security. Minister of Finance, Amr El Garhy, made a speech at the American Chamber of Commerce in Egypt on 26 February. He noted that he expects economic growth to...
Feb 3, 2017 | Egypt, Menas Associates
Menas Associates has compiled a number of examples of the Egyptian military extending its commercial operations in direct conflict with local private sector companies. This is diminishing support for the military and for President Abdelfattah el-Sisi amongst the...
Jan 20, 2017 | Egypt, Menas Associates
One of Menas Associates’ very well-connected industry sector contacts told us last week that he had been informed that there will soon be a cabinet reshuffle. This was then confirmed in discussions which President Abdelfattah el-Sisi had with the editors of a...
Jan 9, 2017 | Egypt, Menas Associates
We expect that the next cut in the fuel subsidy in Egypt will occur before the end of the 2016-2017 Financial Year on 30 June, in order to ensure that the government does everything it can to reduce the budget deficit to below 10% of GDP. There is an added urgency...
