{"id":544878,"date":"2022-03-24T03:46:20","date_gmt":"2022-03-24T03:46:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/24\/el-sisi-hopes-the-current-global-crisis-driving-oil-prices-up-ends-soon\/"},"modified":"2022-03-24T03:46:20","modified_gmt":"2022-03-24T03:46:20","slug":"el-sisi-hopes-the-current-global-crisis-driving-oil-prices-up-ends-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/24\/el-sisi-hopes-the-current-global-crisis-driving-oil-prices-up-ends-soon\/","title":{"rendered":"El Sisi hopes the \u201ccurrent global crisis driving oil prices up\u201d ends soon"},"content":{"rendered":"

El Sisi says he hopes global crisis ends soon: <\/strong>\u201cI hope that the current global crisis driving oil prices up near USD 120 a barrel end soon, so that oil prices do not increase further,\u201d President Abdel Fattah El Sisi said in a televised speech to mark mothers\u2019 day (watch, runtime: 41:30<\/a>). The Russia-Ukraine war has sent commodity and oil prices spiraling over the past month, with oil reaching levels far beyond the USD 65 assumed in this fiscal year\u2019s budget. Prime Minister Moustafa Madbouly directed his government to \u201crestructure\u201d<\/a> the draft FY 2022-2023 budget. Al Hayah Al Youm also aired the speech (watch, runtime 41:25<\/a>) while Masaa DMC (watch, runtime 1:23<\/a>) gave it coverage.<\/p>\n

Cabinet spokesperson Nader Saad made an appearance on our airwaves last <\/strong>night to talk about the potential IMF program<\/strong> (more details in our Economy section above).<\/p>\n

Egypt\u2019s request for IMF support does not mean that we're facing a major crisis, he said<\/strong> in a phone-in with Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime 17:01<\/a>). The situation is a lot better than it was in 2016, he added. The goal is to maintain the economic growth and development rates we have achieved since then, Saad added.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Sisi says he hopes global crisis ends soon: \u201cI hope that the current global crisis driving oil prices up near USD 120 a barrel end soon, so that oil prices do not increase further,\u201d President Abdel Fattah El Sisi said in a televised speech to mark mothers\u2019 day (watch, runtime: 41:30). The Russia-Ukraine war […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[96,317,72,272,106,891],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544878","post","type-post","status-publish","format-standard","hentry","category-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-commodities","tag-enterpriseam","tag-imf","tag-last-nights-talk-shows","tag-madbouly-government","wpautop","entry"],"acf":{"mongo_id":"3189af4d-59d0-4c26-acd9-e5875727ab6a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544862],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi hopes the \u201ccurrent global crisis driving oil prices up\u201d ends soon - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/24\/el-sisi-hopes-the-current-global-crisis-driving-oil-prices-up-ends-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi hopes the \u201ccurrent global crisis driving oil prices up\u201d ends soon\" \/>\n<meta property=\"og:description\" content=\"El Sisi says he hopes global crisis ends soon: \u201cI hope that the current global crisis driving oil prices up near USD 120 a barrel end soon, so that oil prices do not increase further,\u201d President Abdel Fattah El Sisi said in a televised speech to mark mothers\u2019 day (watch, runtime: 41:30). 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Al Hayah Al Youm highlighted the UN General Assembly\u2019s vote to censure Russia (watch, runtime: 3:08), while Ala Mas\u2019ouleety\u2019s Ahmed Moussa gave a rundown of the fighting, casualties and material damage (watch, runtime: 7:52), and took a call with former\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579169,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/29\/imports-backlog-at-ports-is-no-more-says-madbouly\/","url_meta":{"origin":544878,"position":3},"title":"Imports backlog at ports is no more, says Madbouly","author":"enterpriseam admin","date":"29 January 2023","format":false,"excerpt":"Imports and India were the big business stories on last night\u2019s talk shows. Prime Minister Moustafa Madbouly announced that the imports backlog at ports has been cleared, and President Abdel Fattah El Sisi\u2019s tour to India, Azerbaijan, and today Armenia got top billing from the talking heads. S&P Global\u2019s affirmation\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/481.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605010,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/the-airwaves-were-abuzz-with-praise-for-el-sisis-speech-in-vienna-on-digitization\/","url_meta":{"origin":544878,"position":4},"title":"The airwaves were abuzz with praise for El Sisi\u2019s speech in Vienna on digitization","author":"enterpriseam admin","date":"19 December 2018","format":false,"excerpt":"El Sisi in Austria dominates airwaves: President Abdel Fattah El Sisi\u2019s speech at the High-Level Africa Europe-Forum was (expectedly) the main topic of discussion on the airwaves last night. 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