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When the bankrupt are pushed to pay

By Mohammed Ali Ibrahim Once upon a time I wrote in Algoumhoria newspaper that we don’t need another Mahathir Mohammad here to score an economic miracle like that of Malaysia. Rather we need the Malaysian people who achieved that leap into the future. The occasion of the aforementioned article was the visit of the Malaysian prime minister …

Daily News Egypt

CAPMAS: Trade deficit has risen 48 per cent

By Hend El-Behary Egypt’s trade deficit nearly doubled, reaching EGP 17.6 billion in June, compared to EGP 11.9 billion in the same month last year, a 47.9 per cent jump according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). Exports have plunged by 18 percent, falling to EGP 14.6 billion, a decrease of …

Daily News Egypt

Is Morsy pivoting eastwards?

Last week was quite eventful for our illustrious president. From his visit to China to his presence in the Non- Aligned Movement’s (NAM) summit, Morsy’s political clout has been progressively expanding as he strives to reinvigorate the image of Egypt, the leader of the Arab world. Since his ascent to power, Morsy has confidently taken …

Mohamed El-Bahrawi

Review: Columnists analyse Morsy’s meetings in China and Iran

After President Mohamed Morsy’s two last visits to China and Iran, columnists across Egyptian newspapers analyze his speech at the Non-Aligned Movement Summit in Tehran and the new Chinese grant. Some praised Morsy’s early steps towards a new page of Egyptian international relations, others see that his trips, especially that to Iran, will add to …

Daily News Egypt

Review: Mory’s visits to China and Iran overwhelm Egyptian columnists

As Morsy nearly finalises his three-day journey to China and heads towards a supposedly short, yet very unique, trip to Tehran, opinion writers in almost all Egyptian newspapers dissect the main reasons, repercussions and expected outcomes of the President’s two important visits. Some writers have refuted arguments that Egypt has the potential to swiftly follow …

Daily News Egypt

Morsy’s “balanced” foreign policy

By Alya Essam As Mohamed Morsy commences his three-day trip to China, which will be followed by a five-hour visit to Tehran, the president comes to introduce himself to world wide leaders, striving to hint at new approaches with countries that Mubarak had cut back relations with. “International relations between all states are open and …

Daily News Egypt