{"id":584968,"date":"2023-04-09T00:00:00","date_gmt":"2023-04-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/"},"modified":"2023-04-09T00:00:00","modified_gmt":"2023-04-09T00:00:00","slug":"economy-once-again-front-and-center-in-the-foreign-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/","title":{"rendered":"Economy once again front and center in the foreign press"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It\u2019s still all about the economy<\/span><span style=\"font-weight:400;\"> in the foreign press this morning. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What\u2019s it going to take for Egypt to secure vital investment from the Gulf?<\/span><span style=\"\"> The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/saudi-arabia-gulf-countries-want-better-returns-for-bailing-out-egypt-e6e8b047\" style=\"\">Wall Street Journal<\/a><\/span><span> is the latest to report that Gulf countries want to see the government go further with its economic reform program to secure USD bns worth of investment pledges. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.thenationalnews.com\/mena\/egypt\/2023\/04\/06\/egypts-dollar-crunch-leads-to-shortage-of-medical-supplies\/\" style=\"\">The National<\/a><\/span><span style=\"font-weight:700\"> reports that the FX crunch is having a severe impact on Egypt\u2019s <\/span><span style=\"font-weight:700\">hospitals<\/span><span style=\"font-weight:400;\">, some of which it says are facing a shortage of medical supplies. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Russia\u2019s deputy foreign minister is pushing the idea that Egypt could become a hub for <\/span><span style=\"font-weight:700\">the re-export of Russian grain <\/span><span>to the Middle East and Africa. See interview with state-owned <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/40OZHLC\" style=\"\">RT Arabic<\/a><\/span><span>. (<\/span><span>Foreign Minister Sameh Shoukry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/story.php?story_fbid=pfbid0A3zZHKfffRQ2VGcVxSWyH4MfcCA5AKdjwMdYNEELJsrgajNmjg5s3ZQRfCFDNBpil&id=100068995666430&paipv=0&eav=AfZLrJgMfxuvbjFLTRgmmeSHyWRw-h5n1rSCUoX6nup5Y5D9oZQimpWpFmPZqEop87o&_rdr\" style=\"\">said in January<\/a><\/span><span style=\"font-weight:400;\"> that Egypt wants to become a major hub for grain.)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ALSO MAKING HEADLINES- <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Ramses in Paris:<\/span><span style=\"\"> The sarcophagus of Ramses II <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid01HQKsCnXmKuhVd8bXUR4crg7UojupCQfhueW2pqKfM7htvE1k7HYaZ46V4KdFP8Gl\" style=\"\">has gone on display<\/a><\/span><span style=\"\"> in Paris <\/span><span style=\"\">for <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.parisinfo.com\/paris-show-exhibition\/275936\/ramses-the-great-the-gold-of-the-pharaohs\" style=\"\">a<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.parisinfo.com\/paris-show-exhibition\/275936\/ramses-the-great-the-gold-of-the-pharaohs\" style=\"\">five-month exhibition<\/a><\/span><span>. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/english.alarabiya.net\/News\/world\/2023\/04\/06\/Sarcophagus-of-pharaoh-Ramses-II-unveiled-in-Paris-after-rare-journey-outside-Egypt\" style=\"\">AFP<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Video Assistant Referee tech is back in the Egyptian league: <\/span><span style=\"\">VAR was <\/span><span>missing for a round of matches after the country fell behind on payments to the Spanish company supplying the tech. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/lifestyle\/sports\/var-returns-egyptian-league-after-sudden-absence-2023-04-08\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"font-weight:700\">GERD good for all? <\/span><span style=\"\">Egypt and Sudan could benefit from the <\/span><span>Grand Ethiopian Renaissance Dam if Ethiopia were to agree to a joint data-sharing and water management plan, researchers say.<\/span><span> (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dw.com\/en\/ethiopias-gerd-dam-a-potential-boon-for-all-experts-say\/a-65254058\" style=\"\">DW<\/a><\/span><span>) <\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>More on GCC calls for reform in return for aid<\/p>\n","protected":false},"author":1,"featured_media":584969,"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":[504,104,72,103,410,7115,162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-584968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-archaeology","tag-economy","tag-enterpriseam","tag-fdi","tag-gerd","tag-healthcare","tag-sports","wpautop","entry"],"acf":{"mongo_id":"6a1386f8-7a15-4372-b257-ae684ee17c9c","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/331.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s economy in the foreign press on 9 April, 2023. PLUS: Ramses II in Paris","related_issue":[584951],"teaser":"More on GCC calls for reform in return for aid","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.80799c0f-5afa-4067-88e0-2751c564c9a2.mp3"},"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>Economy once again front and center in the foreign press - 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\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy once again front and center in the foreign press\" \/>\n<meta property=\"og:description\" content=\"More on GCC calls for reform in return for aid\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/331.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\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Economy once again front and center in the foreign press\",\"datePublished\":\"2023-04-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/\"},\"wordCount\":234,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/331.jpg?fit=%2C&ssl=1\",\"keywords\":[\"archaeology\",\"economy\",\"EnterpriseAM\",\"FDI\",\"GERD\",\"healthcare\",\"sports\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/09\/economy-once-again-front-and-center-in-the-foreign-press\/\",\"name\":\"Economy once again front and center in the foreign press - 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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":591247,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/egypt-in-the-news-on-1-december-2019\/","url_meta":{"origin":584968,"position":1},"title":"Egypt in the news on 1 December 2019","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"International reaction to last week\u2019s raid on Mada Masr continues to roll in: It\u2019s the Economist\u2019s turn to give its two cents in a piece that calls the raid a \u201cwarning\u201d that reveals the state\u2019s concerns over the continued existence of independent media. Agence France-Presse, meanwhile, reports that two journalists\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":572787,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/08\/egypt-in-the-news-on-8-july-2020\/","url_meta":{"origin":584968,"position":2},"title":"Egypt in the News on 8 July 2020","author":"enterpriseam admin","date":"8 July 2020","format":false,"excerpt":"For the first time in a long time, business and the economy are leading the conversation on Egypt in the foreign press. Bloomberg looks at the uptick in recent unemployment figures and a Capmas survey showing falling household income, saying that while the outlook for the economy is improving as\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":584968,"position":3},"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":[]},{"id":626420,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/el-sisi-urges-patience-as-economic-reforms-begin-to-show-results\/","url_meta":{"origin":584968,"position":4},"title":"El Sisi urges patience as economic reforms begin to show results","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"El Sisi urges patience as economic reforms begin to show results: President Abdel Fattah El Sisi made his administration\u2019s economic reform program the highlight of his televised speech on Saturday, which marked the fifth anniversary of the 30 June protests that ousted his Ikhwan-backed predecessor. He noted that while the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548774,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/22\/egypt-could-opt-for-soft-egp-devaluation-to-stave-off-inflation-moodys\/","url_meta":{"origin":584968,"position":5},"title":"Egypt could opt for soft EGP devaluation to stave off inflation -Moody\u2019s","author":"enterpriseam admin","date":"22 August 2022","format":false,"excerpt":"Moody\u2019s is the latest to speculate on the fate of the EGP: Egyptian policymakers will likely choose to maintain a close watch on the EGP and allow it to ease gradually against the greenback to avoid exacerbating inflationary pressures, Moody\u2019s says in a report picked up by the regional press.The\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/344.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\/584968","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=584968"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/584968\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/584951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/584969"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=584968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=584968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=584968"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=584968"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=584968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}