{"id":592846,"date":"2019-11-07T04:11:03","date_gmt":"2019-11-07T04:11:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/"},"modified":"2019-11-07T04:11:03","modified_gmt":"2019-11-07T04:11:03","slug":"comparing-egypt-and-lebanons-reliance-on-their-central-banks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/","title":{"rendered":"Comparing Egypt and Lebanon\u2019s reliance on their central banks"},"content":{"rendered":"<p><b>This morning in the foreign press:<\/b> Egypt\u2019s reliance on the central bank to finance government spending is a rare point of similarity with Lebanon \u2014 an economy that, in most other respects, it differs from wildly, writes Justin Keay in <a href=\"https:\/\/www.gfmag.com\/magazine\/november-2019\/egypt-and-lebanon-tale-two-banking-systems\">Global Finance magazine<\/a>.<\/p>\n<p><b>Growing water crisis:<\/b> <a href=\"https:\/\/af.reuters.com\/article\/topNews\/idAFKBN1XG254-OZATP?feedType=RSS&feedName=topNews\">Reuters<\/a> is out a piece on Egypt\u2019s dwindling water resources to coincide with Egypt\u2019s talks with Ethiopia and Sudan in Washington yesterday over the Grand Ethiopian Renaissance Dam. Annual water volumes are expected to drop 500 cubic meters per person by 2025 from 570 currently, and this is without accounting for the effects of the dam which could further reduce the Nile\u2019s flow.<\/p>\n<p>Also getting attention in the foreign press:<\/p>\n<ul>\n<li><b>Mohamed Ali continues media campaign:<\/b> After the New York Times, BBC and the Guardian, it\u2019s <b><a href=\"https:\/\/www.nytimes.com\/aponline\/2019\/11\/06\/world\/middleeast\/ap-ml-egypt-opposition.html?searchResultPosition=1\">the Associated Press<\/a><\/b>\u2019 turn to sit down with Mohamed Ali.<\/li>\n<li><b>Nour El Sherbini, squash queen:<\/b> Egypt\u2019s World No.1 talks to <b><a href=\"https:\/\/www.reuters.com\/article\/us-egypt-women-squash-trfn\/womens-squash-champion-hopes-winning-more-than-male-peer-marks-new-era-idUSKBN1XG2GI\">Reuters<\/a><\/b> about the recent CIB PSA Women\u2019s World Championship and taking a bigger share of the winnings than men\u2019s champion Karim Abdel Gawad.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>This morning in the foreign press: Egypt\u2019s reliance on the central bank to finance government spending is a rare point of similarity with Lebanon \u2014 an economy that, in most other respects, it differs from wildly, writes Justin Keay in Global Finance magazine. Growing water crisis: Reuters is out a piece on Egypt\u2019s dwindling water [&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":[271,104,2386,72,108],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592846","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-central-bank-of-egypt","tag-economy","tag-egypt-in-the-news","tag-enterpriseam","tag-lebanon","wpautop","entry"],"acf":{"mongo_id":"5bb42a1a-304d-4657-93e4-d631566fad43","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592820],"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>Comparing Egypt and Lebanon\u2019s reliance on their central banks - 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\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comparing Egypt and Lebanon\u2019s reliance on their central banks\" \/>\n<meta property=\"og:description\" content=\"This morning in the foreign press: Egypt\u2019s reliance on the central bank to finance government spending is a rare point of similarity with Lebanon \u2014 an economy that, in most other respects, it differs from wildly, writes Justin Keay in Global Finance magazine. Growing water crisis: Reuters is out a piece on Egypt\u2019s dwindling water [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-07T04:11:03+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\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\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Comparing Egypt and Lebanon\u2019s reliance on their central banks\",\"datePublished\":\"2019-11-07T04:11:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/\"},\"wordCount\":188,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Central Bank of Egypt\",\"economy\",\"Egypt in the News\",\"EnterpriseAM\",\"Lebanon\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/comparing-egypt-and-lebanons-reliance-on-their-central-banks\/\",\"name\":\"Comparing Egypt and Lebanon\u2019s reliance on their central banks - 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Ethiopia began filling the reservoir last\u2026","rel":"","context":"In &quot;AROUND THE WORLD&quot;","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577642,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/ksa-rolls-over-its-usd-5-bn-cbe-deposit\/","url_meta":{"origin":592846,"position":1},"title":"KSA rolls over its USD 5 bn CBE deposit","author":"enterpriseam admin","date":"30 November 2022","format":false,"excerpt":"Saudi Arabia is extending by one year its USD 5 bn deposit at the Central Bank of Egypt (CBE), state-run Saudi Press Agency reports. The kingdom made the deposit in March. The sum forms part of over USD 22 bn pledged in investments and deposits by our GCC neighbors to\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\/11\/498.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628478,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/sudan-ethiopia-reiterate-their-pledge-not-to-harm-egypts-nile-water-share-through-gerd\/","url_meta":{"origin":592846,"position":2},"title":"Sudan, Ethiopia reiterate their pledge not to harm Egypt\u2019s Nile water share through GERD","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"Sudan and Ethiopia reiterated their pledge not to harm Egypt\u2019s Nile water share through the construction of the Grand Ethiopian Renaissance Dam (GERD), New Times reports. Speaking at a press conference on Thursday after meeting with Ethiopian Prime Minister Ahmed Abiy in Khartoum, Sudanese President Omar Al Bashir vowed that\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547172,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/could-gerd-negotiations-be-back-on-the-table\/","url_meta":{"origin":592846,"position":3},"title":"Could GERD negotiations be back on the table?","author":"enterpriseam admin","date":"12 June 2022","format":false,"excerpt":"The will-they-won\u2019t-they of the GERD negotiations is back: Ethiopia is interested in returning to the negotiating table with Egypt and Sudan to seal an agreement over the filling and operation of the Grand Ethiopian Renaissance Dam (GERD), according to statements made by a senior Ethiopian official at the weekend. In\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/233.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630725,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egypt-wants-to-expedite-gerd-talks-says-shoukry\/","url_meta":{"origin":592846,"position":4},"title":"Egypt wants to expedite GERD talks, says Shoukry","author":"enterpriseam admin","date":"30 April 2018","format":false,"excerpt":"Sudan and Ethiopia have yet to respond to Egypt\u2019s request to hold another round of GERD negotiations on 15 May, Foreign Minister Sameh Shoukry told the press yesterday, Reuters reports. Shoukry stressed the need to \u201caccelerate the pace of negotiations\u201d over the Grand Ethiopian Renaissance Dam (GERD), which have remained\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547451,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/","url_meta":{"origin":592846,"position":5},"title":"Egypt, Lebanon + Syria sign gas import agreement","author":"enterpriseam admin","date":"22 June 2022","format":false,"excerpt":"We\u2019re one step closer to shipping natural gas to Lebanon: Egypt, Lebanon and Syria have inked an agreement to import gas from Egypt to Lebanon under an emergency US-backed plan to ease the country\u2019s electricity shortage, the three countries announcedat a press conference yesterday.The pact will see Egypt ship 650\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/271.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\/592846","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=592846"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/592846\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/592820"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=592846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=592846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=592846"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=592846"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=592846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}