Egypt 2026: A Slow-Motion Shipwreck
May 9, 2026Markets breathe, and the numbers are reassuring. February 2026: the Central Bank cuts rates, inflation eases, and the IMF disburses a new tranche. Yet believing the crisis is over would be a costly illusion. Egypt will not collapse in a single blow. No: it is unravelling slowly, in a deafening silence whose full extent no…
A Lebanon-like scenario for Egypt?
April 5, 2022Egypt’s contemporary economic model is marked by the unprecedented enormity of its expenditure in comparison with its resources and revenues, and this has been the case since the accession to power of President Abdel Fattah al-Sisi. He and his government act, in fact, as if Egypt enjoyed the same kind of petrol or gas income…