Consolidating public resources is an obvious step to help alleviate Egypt’s growing debt burden, but one that Sisi’s regime avoids at all costs.
Maged Mandour is a political analyst who is a regular contributor to the Arab Digest, Middle East Eye, and Open Democracy. His research interests include political violence, state repression, class formation, and capitalist development in the Arab world, as well as the international relations of the Middle East, with a special focus on Egypt. He has also made a number of media appearances as a commentator on Egyptian affairs. He is the author of an upcoming book entitled Egypt Under Sisi, to be published by I.B. Tauris. The book will examine the social and political developments in Egypt since the coup of 2013.
Consolidating public resources is an obvious step to help alleviate Egypt’s growing debt burden, but one that Sisi’s regime avoids at all costs.
Monetary policy is not enough to solve Egypt’s inflation crisis, and fundamental reform is needed.
A recently approved amendment regarding Suez Canal operations highlights the problems inherent to the Egyptian regime’s model of capitalism.
For years, economic growth rates have obscured the flaws of Egyptian state capitalism, trapping the economy in a cycle of debt, poverty, and massive crises.
A growing alliance between Cairo and Paris is resulting in significant foreign policy coordination and in political and economic repercussions in both Egypt and France.
Sisi’s call for religious renewal falls within the regime’s attempt to centralize power in its hands by creating a top-down version of state sponsored Islam anchored in conservative social values.
Although Egypt’s Sisi regime once perpetuated propaganda against Hamas at home, today its foreign and domestic standing is contingent on a strong relationship with the Gaza-based group.
Years in the making, Sisi’s elite New Administrative Capital will isolate most Egyptians from their centers of government in an effort to fortify the regime against any social pressures.
As the globe races to inoculate against COVID-19, in Egypt President Sisi’s regime plans to profit from the essential shot.
Ill-suited to cope with any social unrest, the Sisi-regime utilizes mass repression to prevent change.