{"id":549749,"date":"2022-09-28T04:08:06","date_gmt":"2022-09-28T04:08:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/"},"modified":"2022-09-28T04:08:06","modified_gmt":"2022-09-28T04:08:06","slug":"foreign-press-zeroes-in-egypts-economic-difficulties","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/","title":{"rendered":"Foreign press zeroes in Egypt\u2019s economic difficulties"},"content":{"rendered":"<p><strong>Our economic challenges again lead the conversation on Egypt in the foreign press this morning:<\/strong> <a href=\"https:\/\/www.reuters.com\/markets\/currencies\/egypts-import-squeeze-hobbles-economy-dollars-run-short-2022-09-27\/\">Reuters<\/a> looks at how FX shortages and import bottlenecks are impacting businesses across the economy while <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-09-26\/selling-pressure-on-egyptian-currency-is-now-most-intense-ever?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a> is covering the continued weakening of the EGP against the greenback, which <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/62552dea-c67b-4684-96a1-152f98fcca00\">fell close to a record low<\/a> on Monday.<\/p>\n<p><strong>Also getting attention: On the 200th anniversary of the Rosetta Stone being decoded<\/strong>, there are renewed calls to return the artifact to Egypt. (<a href=\"https:\/\/www.thenationalnews.com\/mena\/egypt\/2022\/09\/27\/rosetta-stones-significance-still-echoes-after-200-years\/\">The National<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our economic challenges again lead the conversation on Egypt in the foreign press this morning: Reuters looks at how FX shortages and import bottlenecks are impacting businesses across the economy while Bloomberg is covering the continued weakening of the EGP against the greenback, which fell close to a record low on Monday. Also getting attention: [&hellip;]<\/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":[7233],"tags":[687,104,1419,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549749","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-ancient-egypt","tag-economy","tag-egp","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"124a9331-818d-49fe-a06c-1c13c63f8158","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549725],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign press zeroes in Egypt\u2019s economic difficulties - 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\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign press zeroes in Egypt\u2019s economic difficulties\" \/>\n<meta property=\"og:description\" content=\"Our economic challenges again lead the conversation on Egypt in the foreign press this morning: Reuters looks at how FX shortages and import bottlenecks are impacting businesses across the economy while Bloomberg is covering the continued weakening of the EGP against the greenback, which fell close to a record low on Monday. Also getting attention: [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-28T04:08:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign press zeroes in Egypt\u2019s economic difficulties\",\"datePublished\":\"2022-09-28T04:08:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Ancient Egypt\",\"economy\",\"EGP\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/foreign-press-zeroes-in-egypts-economic-difficulties\/\",\"name\":\"Foreign press zeroes in Egypt\u2019s economic difficulties - 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Meanwhile, the National writes that\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/584.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584854,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/06\/more-economy-headlines-on-another-quiet-day-for-egypt-in-the-foreign-press\/","url_meta":{"origin":549749,"position":1},"title":"More economy headlines on another quiet day for Egypt in the foreign press","author":"enterpriseam admin","date":"6 April 2023","format":false,"excerpt":"The EGP devaluation gets more ink","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/119.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581612,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/16\/economy-back-in-the-spotlight\/","url_meta":{"origin":549749,"position":2},"title":"Economy back in the spotlight","author":"enterpriseam admin","date":"16 February 2023","format":false,"excerpt":"Economy talk is once again dominating coverage of Egypt in the international press this morning. Egypt is far from peak inflation, says Shuaa strategist: The impact of the EGP devaluation and the impending reductionof fuel subsidies means that \u201cwe are not anywhere close to peak inflation,\u201d Aarthi Chandrasekaran, director of\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/Shoppers-Cairo-market-Reuters-1.23.23-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585282,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/foreign-press-speculates-about-a-fourth-deval\/","url_meta":{"origin":549749,"position":3},"title":"Foreign press speculates about a fourth deval","author":"enterpriseam admin","date":"13 April 2023","format":false,"excerpt":"Bloomberg says markets are pricing in a fourth EGP devaluation","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/598.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548642,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/16\/this-morning-in-the-foreign-press-imbaba-church-fire-the-direction-of-the-egp\/","url_meta":{"origin":549749,"position":4},"title":"This morning in the foreign press: Imbaba church fire + the direction of the EGP","author":"enterpriseam admin","date":"16 August 2022","format":false,"excerpt":"This morning in the international press: Sunday\u2019s tragic fire at a church in Imbaba continues to generate headlines abroad from the Associated Press, the New York Times and the National. The incident led to the deaths of 41 people, 18 of whom were children. Meanwhile, Bloomberg leads its weekly Middle\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652090,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/another-day-of-praise-for-the-egyptian-economy-in-the-foreign-press\/","url_meta":{"origin":549749,"position":5},"title":"Another day of praise for the Egyptian economy in the foreign press","author":"enterpriseam admin","date":"28 February 2017","format":false,"excerpt":"Another day of praise for the Egyptian economy in the foreign press. FT\u2019s Dan Pogler feels that Egypt\u2019s economy is indeed turning a corner, showing signs for the first time since 2011 that it is moving towards an upward trajectory. These signs include both the fast appreciation of the EGP\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549749"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549749\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549725"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549749"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549749"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}