{"id":623472,"date":"2018-10-31T04:18:36","date_gmt":"2018-10-31T04:18:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/how-the-khashoggi-case-could-spell-trouble-for-egypts-economy\/"},"modified":"2018-10-31T04:18:36","modified_gmt":"2018-10-31T04:18:36","slug":"how-the-khashoggi-case-could-spell-trouble-for-egypts-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/how-the-khashoggi-case-could-spell-trouble-for-egypts-economy\/","title":{"rendered":"How the Khashoggi case could spell trouble for Egypt\u2019s economy"},"content":{"rendered":"

Stretching for relevance, any kind of relevance: How the Khashoggi case could spell trouble for Egypt\u2019s economy.<\/strong> The spillover effect from the killing of Saudi journalist Jamal Khashoggi serves as a \u201cpotential economic risk\u201d for Egypt, Rob Cox writes for Reuters\u2019 BreakingViews<\/a>. Egypt is heavily dependent on remittances from its expats working in the kingdom, and Saudi visitors comprised a significant chunk of Egypt\u2019s tourist arrivals. \u201cAny fallout, such as U.S. sanctions, from the killing of the Saudi journalists by agents of the Riyadh government could dent Egypt\u2019s recovery. Following a currency devaluation in 2016 and austerity measures, a steady flow of USD from Saudi is critical to buttressing reserves as the Egyptian central bank struggles to reduce inflation and interest rates.\u201d If investors are scared out of KSA as a result of Khashoggi\u2019s death, the ripple effect would be certain to hit Egypt as well, Cox says.<\/p>\n

Please don\u2019t get us started. <\/strong>It\u2019s Halloween. All we want is chocolate. Lots and lots of chocolate.<\/a><\/p>\n

The Khashoggi case is receding from the headlines<\/strong>, with most notable coverage in recent days including a New York Times op-ed by Obama administration national security advisor Susan Rice calling MbS \u201ca partner we can\u2019t depend on<\/a>\u201d and the Wall Street Journal<\/a> suggesting that MbS\u2019 position as crown prince is \u201cappears secure\u201d as \u201cSaudi Arabia\u2019s royal family is closing ranks to protect the monarchy from a storm of criticism.\u201d Meanwhile, former NYT Cairo reporter Kareem Fahim is part of a Washington Post team with a long, solid take in the form of Crown prince Mohammed bin Salman is \u2018chief of the tribe\u2019 in a cowed House of Saud<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stretching for relevance, any kind of relevance: How the Khashoggi case could spell trouble for Egypt\u2019s economy. The spillover effect from the killing of Saudi journalist Jamal Khashoggi serves as a \u201cpotential economic risk\u201d for Egypt, Rob Cox writes for Reuters\u2019 BreakingViews. Egypt is heavily dependent on remittances from its expats working in the kingdom, […]<\/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":[8572],"tags":[104,72,1659,2396,219,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623472","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-jamal-khashoggi","tag-remittances","tag-saudi-arabia","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cd33acc2-8be8-496a-831d-742a9e9b2a42","order":"0","is_powered_by":true,"section_story_id":"556ce351-fd0f-4580-8119-c1b0a25e8bd2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623456],"teaser":"","voice_url":""},"yoast_head":"\nHow the Khashoggi case could spell trouble for Egypt\u2019s 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\/2018\/10\/31\/how-the-khashoggi-case-could-spell-trouble-for-egypts-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the Khashoggi case could spell trouble for Egypt\u2019s economy\" \/>\n<meta property=\"og:description\" content=\"Stretching for relevance, any kind of relevance: How the Khashoggi case could spell trouble for Egypt\u2019s economy. 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Those include 25 new oil and gas\u2026","rel":"","context":"In "Speed Round"","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":553579,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/08\/another-arrest-in-khashoggi-murder-case\/","url_meta":{"origin":623472,"position":1},"title":"Another arrest in Khashoggi murder case","author":"enterpriseam admin","date":"8 December 2021","format":false,"excerpt":"A couple of international stories worth knowing this morning:French police arrested a Saudi national at the Charles de Gaulle airport yesterday over journalist Jamal Khashoggi\u2019s murder. A French official said that prosecutors are still confirming the suspect\u2019s identity. (Financial Times)The EU has proposed a new anti-coercion law that could see\u2026","rel":"","context":"In "AROUND THE WORLD"","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":621503,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egypt-and-germany-sign-usd-1-14-bn-arms-agreement-saudi-backs-out\/","url_meta":{"origin":623472,"position":2},"title":"Egypt and Germany sign USD 1.14 bn arms agreement, Saudi backs out","author":"enterpriseam admin","date":"11 November 2018","format":false,"excerpt":"Egypt to purchase frigates from Germany in USD 1.14 bn transaction: Egypt has signed a c.USD 1.14 bn order for two Meko 200 frigates with Germany\u2019s ThyssenKrupp Marine Systems , German newspaper Handelsblatt cited sources as saying, according to Reuters. The two sides are still working out equipment details and\u2026","rel":"","context":"In "Speed Round"","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":622157,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/28\/did-mark-mobius-just-tell-investors-to-ditch-saudi-and-go-to-egypt\/","url_meta":{"origin":623472,"position":3},"title":"Did Mark Mobius just tell investors to ditch Saudi and go to Egypt?","author":"enterpriseam admin","date":"28 November 2018","format":false,"excerpt":"Did Mark Mobius just tell investors to ditch Saudi for Egypt? The Khashoggi murder has really put off foreign investors from Saudi Arabia, said Mobius Capital Partners Mark Mobius. \u201cIf the leadership has questionable governance, how about the companies?\u201d Mobius told Bloomberg in an interview. \u201cThere are other things going\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/5\/39.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623190,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/saudis-handling-of-khashoggis-murder-offers-lesson-on-importance-of-transparency\/","url_meta":{"origin":623472,"position":4},"title":"Saudi\u2019s handling of Khashoggi\u2019s murder offers lesson on importance of transparency","author":"enterpriseam admin","date":"24 October 2018","format":false,"excerpt":"There\u2019s a lesson to learn from the case of Jamal Khashoggi\u2019s murder about the importance of transparency, Emad El Din Hussein writes in a piece for Al Shorouk. He argues that the firestorm of criticism that Saudi Arabia is under \u2014 with media outlets, world leaders, and global executives turning\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604765,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/12\/jamal-khashoggi-and-journalists-named-time-person-of-the-year-2018\/","url_meta":{"origin":623472,"position":5},"title":"Jamal Khashoggi and journalists named Time Person of the Year 2018","author":"enterpriseam admin","date":"12 December 2018","format":false,"excerpt":"Time Magazine has named Jamal Khashoggi and other journalists as its Person of the Year for 2018 in a series of four black-and-white covers headlined The Guardians and the War on Truth. Also included: Journalists at the Capital Gazette in Maryland, where five journalists were gunned down last June; Maria\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/4357.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623472","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=623472"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623472\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623456"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623472"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623472"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}