As inflation soars and the currency plunges, property looks like a sound investment to Egyptians seeking to secure their savings. But this opens the economy up to more danger. Al Majalla explains.
Saad Zaghloul was undoubtedly one of the great leaders of contemporary Egypt. In his own lifetime, he shaped the cornerstone of Egyptian nationalism during the first half of the 20th century.
As Egypt hopes to free itself from the pressure posed by the dollar, it looks to join BRICS, which some see as a potential counter-alliance and future rival of G7.
Debt is often described as a burden and linked with times of crisis. And it can be damaging. But if spent wisely, it can help transform economic fortunes and boost wealth.
Battle-bred and furious with their defeat in the Palestine War of 1948, the Free Officers blamed King Farouk for their ills and came to power, on this day 70 years ago, with vengeance in their eyes
Days before the war with Israel, Abdel Nasser's generals said they were ready. But, in fact, they were far from ready, and the Egyptian Air Force was annihilated.
Downgrade was prompted by declining foreign exchange inflows, continued restrictions to the Egyptian pound's exchange rate, as well as external pressures to the economy
There is a new way for foreigners to become Egyptians, if they have enough money. It also comes with a political price for an indebted government grappling with debt
Military strategists have long warned that war should be waged only if those waging it know what they want to achieve. Herein lies a problem: Washington's war aims in Iran are incoherent.
Tehran isn't likely to easily fold if/when Trump attacks. This means that the longer a military confrontation drags out, the more untenable Washington's position becomes.
The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.
Natural resources like solar, wind, and water are set to provide 36% of global electricity production this year. Even for sceptics like Donald Trump, the trends are unmistakable.
Some point to his possible links to Mossad through his associate Ghislaine Maxwell, whose father was a known Israeli spy, and assert that he blackmailed powerful figures to exert influence
Al Majalla - London
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