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Latest in Opinion


Agility (part 2)

In the previous article, we looked how important it is for Egypt to have an economy that is resilient to external and internal shocks without unnecessarily constraining the change, innovation, openness, and flexibility necessary to create a sustainable growth. The challenge for policymakers is to find the right balance; and to help them do this, …

Richard Banks

For banks, 2018 is year of data

We are often told that regulation and technology are the key drivers of change in banking. This maxim remains true, but can distract from a more critical insight. In 2018, regulatory reform and technology innovation will continue to reshape banking. But the changes they enable are being propelled by forces so profound and far-reaching as …

Christopher Truce

Growth potential in emerging markets is unaffected by rising dollar

The decline in emerging-market currencies since March is the result of the dollar rally. However, emerging markets are still benefiting from synchronised growth in the global economy. That momentum provides a good opportunity to move back into this asset class. The year 2018 started well for emerging markets, until they peaked on 20 March. Since …

Mathieu Nègre

President Al-Sisi’s difficult dialogue

Within days, a new session of the Youth Conferences will be held. President Abdel Fattah Al-Sisi will attend and participate in the conference. The upcoming conference may be difficult and held at a critical time. The question is why? The conference will be the first appearance of Al-Sisi after the decisions made to increase the …

Hussein Abd Rabo

An insatiable salesman

Unexpectedly, a casual incident brightened my life. It was one of the most interesting meetings I had during a recent trip to my native province, Tucumán, located in the north of Argentina. There I met Roberto Espeche, a local notary with a fascinating life history. I met Roberto when I was in a restaurant with …

Cesar Chelala

Supreme Court candidacy crisis

The decision made by US Supreme Court Associate Justice Anthony McLeod Kennedy to retire at the end of June has raised a crisis to choose an alternative for him in the American Supreme Court, which is the second battle that US President Donald Trump is getting into after his success in choosing Republican judge Neil …

Mohamed Samir

Artificial intelligence, business intelligence both indispensable tools for digital future

In the wake of the fourth industrial revolution that has swept the globe, and most certainly in the Middle East, significant technology advancement has completely upended how businesses operate. Accelerating innovation and growing automation technologies have become widespread, and our region is making a concerted effort to embrace, adopt these technologies, and consolidate its position …

Alaa Youssef

Balkan Egyptian community represent last link of a long chain

A scientific research about historical and anthropological aspects of Balkan Egyptians is important not only for the members of Balkan Egyptian community, but also for other people in the Balkans, Europe, Mediterranean lands, and of course in Egypt. Such research is important and for the development of scientific thought and to resolve many issues related …

Rubin Zemon

Loans: Who is to blame?      

The government borrows money to meet its short- or long-term needs when there is a budget deficit. This is called debt. So, debt is a bill paid by coming generations in cases of obtaining loans for the purpose of narrowing a budget deficit without aiming to finance development projects. Or it may be a bill …

Ahmed Ezz

Serving growing need for higher education

The demand for higher education around the world is growing. By 2030, according to UNESCO, the number of enrolled students is expected to more than double to over 414 million. Serving that population and others requires extraordinary energy and imagination, strategic thinking, and innovation. The need for quality higher education is especially important in the …


Egypt: Turning potential into performance

The revival of Egypt’s economic fortunes over the past few years has been nothing short of dramatic. The Arab world’s most populous country has devalued its currency and carried out a series of bold, but necessary, reforms to stabilise its economy, stimulate growth, and increase employment. A $12bn loan from the International Monetary Fund (IMF) …

Salah Shamma

Chemical attacks will continue unless there are consequences

If the lives of thousands of Syrians have no value to those watching indifferently, the whole world will be in danger when these precedents become familiar acts, made acceptable by silence and failure to punish the criminals. Silence in the face of what the Syrian, Iranian, and Russian regimes are doing in Syria will make …

Abdulrahman Al-Rashed

A small example of peaceful coexistence

Growing up in Tucumán, a town in the north of Argentina, I had the opportunity to see a small example of peaceful coexistence and collaboration between Arabs and Jews. I was reminded of that experience after reading an article by Uri Avnery, one of the leading peace activists in Israel, on the need for a …

Cesar Chelala

5 things global CFOs should do in 2018

Where should CFOs focus their attention in 2018? In my conversations with customers across Europe, the Middle East, and Africa, a few key patterns and themes have become clear. Chief financial officers (CFOs) recognise that the role of corporate finance needs to change to keep pace with the world around them. Rapid changes in consumer …

Arun Khehar

Saving the environment, empowering women

Vickie Frémont, a French woman born in Cameroon, is a modern day heroine. For the past several years she has been conducting workshops around the world, using a hands-on approach for the transformation of rejects or trash into useful everyday objects. Included in her workshops—which take place in schools, community centres, universities, and even in …

Cesar Chelala

New foundations

In the post-second world war era, American-Saudi relations had been a strategic constant in the Arab world. Both the United States and Saudi Arabia had made sure to work in concert and coordinate closely their Arab and regional policies. There had been disagreements, and in some instances, very serious ones, like the ramifications of the …

Hussein Haridi

The biography that Trump could not stop

New York, NY—Rarely was there so much expectation for the appearance of a book as is the case of Fire and Fury: Inside the Trump White House of the North American journalist Michael Wolff. And never before were so many copies sold so quickly. Before its appearance, the book and its e-book version had reached …

Cesar Chelala

A war of succession

On 12 October, the two warring Palestinian organisations, Fatah and Hamas, signed an agreement, under the auspices of the Egyptian Intelligence Service, to carry out a major national reconciliation. According to this agreement, Hamas was supposed to hand over local governance in the Gaza Strip to the Palestinian government headed by Rami Hamdallah. The Cairo …

Hussein Haridi

A risky venture in the Middle East

According to a New York Times article, published on Monday 12 March, the White House is expected to wrap up its much-awaited peace plan for the Middle East. The plan would deal with the major questions of borders, security, refugees, and the status of Jerusalem. According to three senior officials in the United States government, …

Hussein Haridi