{"id":579086,"date":"2023-01-24T03:55:51","date_gmt":"2023-01-24T03:55:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/"},"modified":"2023-01-24T03:55:51","modified_gmt":"2023-01-24T03:55:51","slug":"more-of-the-same-news-on-the-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/","title":{"rendered":"More of the same news on the economy"},"content":{"rendered":"<p><strong>It was a busier day for Egypt in the international press yesterday<\/strong>, with the spotlight still firmly fixed on our economy.<\/p>\n<p><strong>Pondering privatization plans: <\/strong>In an op-ed for the <a href=\"https:\/\/www.ft.com\/content\/1e715e32-c89d-44cb-9cfa-c996cecdb072\">Financial Times<\/a>, Yezid Sayigh, senior fellow at the <a href=\"https:\/\/carnegie-mec.org\/about\/?lang=en\">Malcolm H Kerr Carnegie Middle East Center<\/a> in Beirut, praises plans to reduce military involvement in the economy as per our agreement with the IMF \u2014 but wonders whether we will follow through. The FT\u2019s editorial board was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c529e833-6f78-4d3a-abf7-cce353650d18\">out with a similar piece<\/a> last week, as was the Independent\u2019s international correspondent (and former FT correspondent in Cairo) <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a1d3d93-5cf7-439d-bcdb-6948e7764572\">Borzou Daragahi<\/a>.<\/p>\n<p><strong>MEANWHILE-<\/strong> <a href=\"https:\/\/www.dw.com\/en\/economic-crisis-is-egypt-the-new-lebanon\/a-64469810\">Deutsche Welle<\/a> asks if the economic situation makes Egypt \u201cthe new Lebanon\u201d and the <a href=\"https:\/\/www.nytimes.com\/2023\/01\/23\/world\/middleeast\/egypt-economy.html?searchResultPosition=2\">New York Times<\/a> puts the spotlight on inflationary pressures.<\/p>\n<p><strong>Also making headlines: <\/strong><\/p>\n<ul>\n<li><strong>Madagascar 2.0:<\/strong> The BBC looks into what will happen to the Giza Zoo\u2019s many animals as it <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/90099264-19df-4d9a-aab8-66f756e905fe\">undergoes an EGP 1 bn renovation<\/a> under the new, military-led management. (<a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-64295601\">BBC<\/a>)<\/li>\n<li><strong>There\u2019s a walk down Egyptian-Indian memory lane<\/strong> courtesy of <a href=\"https:\/\/www.thenationalnews.com\/mena\/2023\/01\/23\/el-sisi-to-travel-to-india-on-milestone-visit-that-revives-memories-of-bygone-era\/\">the National<\/a> ahead of President El Sisi\u2019s visit to India for the country\u2019s Republic Day celebrations.<\/li>\n<li><strong>Local artist brings Egyptian culture to the UAE: <\/strong>Egyptian artist Sara Tantawy took over Dubai's Fann A Porter gallery with her Survivors exhibition, which depicts Egyptian women dancing. (<a href=\"https:\/\/www.thenationalnews.com\/arts-culture\/art-design\/2023\/01\/23\/egyptian-artist-sara-tantawy-transforms-the-art-of-dance-in-first-uae-show\/\">The National<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It was a busier day for Egypt in the international press yesterday, with the spotlight still firmly fixed on our economy. Pondering privatization plans: In an op-ed for the Financial Times, Yezid Sayigh, senior fellow at the Malcolm H Kerr Carnegie Middle East Center in Beirut, praises plans to reduce military involvement in the economy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":579087,"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":[8279,104,6551,72,182],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-art","tag-economy","tag-egypt-india-relations","tag-enterpriseam","tag-inflation","wpautop","entry"],"acf":{"mongo_id":"a4913d5f-8cd6-4951-b707-cca316dfa8d0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/415.jpg","photo_position":"above","related_issue":[579068],"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>More of the same news on the economy - 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\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More of the same news on the economy\" \/>\n<meta property=\"og:description\" content=\"It was a busier day for Egypt in the international press yesterday, with the spotlight still firmly fixed on our economy. Pondering privatization plans: In an op-ed for the Financial Times, Yezid Sayigh, senior fellow at the Malcolm H Kerr Carnegie Middle East Center in Beirut, praises plans to reduce military involvement in the economy [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-24T03:55:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/415.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More of the same news on the economy\",\"datePublished\":\"2023-01-24T03:55:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/\"},\"wordCount\":219,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/415.jpg?fit=%2C&ssl=1\",\"keywords\":[\"art\",\"economy\",\"Egypt-India relations\",\"EnterpriseAM\",\"inflation\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/more-of-the-same-news-on-the-economy\/\",\"name\":\"More of the same news on the economy - 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The prizewinning graphic novel Shubeik Lubeik by Egyptian author Deena Mohamed is getting more love from the foreign press: The Guardian and NPR sit down for separate interviews with Mohamed to find out about her story\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\/251.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596138,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/the-inverted-yield-curve-an-explainer\/","url_meta":{"origin":579086,"position":1},"title":"The inverted yield curve: An explainer","author":"enterpriseam admin","date":"19 August 2019","format":false,"excerpt":"There has been a lot of chatter about the inverted yield curve lately: The inverted yield curve is an infamous predictor of US recessions, having occurred before every downturn since 1950 (apart from one). And last week the alarm began to ring again, setting off fevered speculation in the financial\u2026","rel":"","context":"In &quot;Worth watching&quot;","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2572.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573694,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/egypt-plans-to-integrate-garbage-collection-into-the-formal-economy\/","url_meta":{"origin":579086,"position":2},"title":"Egypt plans to integrate garbage collection into the formal economy","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"The environment and manpower ministries are working on a plan to integrate Egypt\u2019s informal garbage collectors into the formal economy, and will decide on a formal job title they can use on official paperwork, according to a statement. Both ministries have set up a joint working group to arrange meetings\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562909,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/","url_meta":{"origin":579086,"position":3},"title":"EBRD plans for more green loans to Egypt","author":"enterpriseam admin","date":"10 June 2021","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend to green and renewable energy projects, pending approval on 14 July, according to the bank\u2019s website. The loan \u2014 USD 7.5 mn of which will be financed by the Green\u2026","rel":"","context":"In &quot;Green economy&quot;","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575563,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/19\/egypt-in-the-news-on-19-october-2020\/","url_meta":{"origin":579086,"position":4},"title":"Egypt in the News on 19 October 2020","author":"enterpriseam admin","date":"19 October 2020","format":false,"excerpt":"Leading the conversation on Egypt in the international press this morning: The release of comedian Shady Abu Zaid after more than two years in pre-trial detention, the Associated Press reports. Abu Zaid was arrested from his home in 2018 and charged with spreading false news and joining a banned organization.\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":584320,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/29\/the-economy-leads-the-conversation-on-egypt-in-the-international-press\/","url_meta":{"origin":579086,"position":5},"title":"The economy leads the conversation on Egypt in the international press","author":"enterpriseam admin","date":"29 March 2023","format":false,"excerpt":"PLUS: Reuters profiles a recycling initiative for kids living in Manshiyat Nasser","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\/3\/616.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579086","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=579086"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579086\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/579068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/579087"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=579086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=579086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=579086"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=579086"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=579086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}