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Egypt Nets Billions in Investment
www.amcham.org.eg/bmonthly NOT FOR SALE APRIL 2015 ALSO INSIDE L L AFFORDABLE HOUSING HEATS UP L L WHAT THE VAT MEANS FOR YOU L L WEARABLE ART Landslide Egypt nets billions in investment APRIL 2015 VOLUME 32 | ISSUE 4 36 Cleaning up The March economic summit in Sharm el-Sheikh netted Egypt around $38.2 billion in deals as well as another $12.5 billion in aid from the Gulf. Officials successfully marketed the country to the international media as a business-friendly destination on the rise, despite ongoing economic challenges. Cover Design: Nessim N. Hanna Inside 28 20 Editor’s Note 22 Viewpoint The Newsroom 24 In Brief The news in a nutshell 28 Region Notes News from around the region © Copyright Business Monthly 2015. All rights reserved. No part of this magazine may be reproduced without the prior written consent of the editor. The opinions expressed in Business Monthly do not necessarily reflect the views of the American Chamber of Commerce in Egypt. Business Monthly – 16 I April 2015 APRIL 2015 VOLUME 32 | ISSUE 4 33 52 56 Market Watch Executive Life 44 52 Stock Analysis Dining Out Market pulls back in run-up to Genghis Khan serves up authentic economic summit Chinese food 45 Capital Markets 54 A glance at stocks & bonds Fashion Art & Sole 47 Money & Banking Forex and deposits 48 Key Indicators The economy at a glance The Chamber In Depth 49 Egypt-U.S. Trade Imports and exports 30 58 Affordable housing megaprojects Corporate Clinic Events may not be affordable for most Developers eye “middle-income” 50 62 Six degrees Member News market Cairo tech map shows that success 66 33 depends on connections Announcements Mulling the pros and cons of the VAT 67 How the tax switch could affect SMEs Classifieds 68 Media Lite An irreverent glance at the press Business Monthly – 18 I April 2015 Editor’s Note Director of Publications & Research Khaled F. -
U.S.-Egyptian Relations Since the 2011 Revolution: the Limits of Leverage
U.S.-Egyptian Relations Since the 2011 Revolution: The Limits of Leverage An Honors Thesis Submitted to the Department of Politics in partial fulfillment of the Honors Program by Benjamin Wolkov April 29, 2015 Table of Contents Introduction 1 Chapter 1. A History of U.S.-Egyptian Relations 7 Chapter 2. Foreign Policy Framework 33 Chapter 3. The Fall of Mubarak, the Rise of the SCAF 53 Chapter 4. Morsi’s Presidency 82 Chapter 5. Relations Under Sisi 115 Conclusion 145 Bibliography 160 1 Introduction Over the past several decades, the United States and Egypt have had a special relationship built around military cooperation and the pursuit of mutual interests in the Middle East. At one point, Egypt was the primary nemesis of American interests in the region as it sought to spread its own form of Arab socialism in cooperation with the Soviet Union. However, since President Anwar Sadat’s decision to sign the Egyptian-Israeli peace treaty in 1979, Egypt has proven a bulwark of the United States interests it once opposed. Specifically, those interests are peace with Israel, the continued flow of oil, American control of the region, and stability within the Middle East. In addition to ensuring these interests, the special friendship has given the United States privileges with Egypt, including the use of Egyptian airspace, expedited transit through the Suez Canal for American warships, and the basing of an extraordinary rendition program on Egyptian territory. Noticeably, the United States has developed its relationship with Egypt on military grounds, concentrating on national security rather than issues such as the economy or human rights. -
To Whom Do Minbars Belong Today?
Besieging Freedom of Thought: Defamation of religion cases in two years of the revolution The turbaned State An Analysis of the Official Policies on the Administration of Mosques and Islamic Religious Activities in Egypt The report is issued by: Civil Liberties Unite August 2014 Designed by: Mohamed Gaber Egyptian Initiative for Personal Rights 14 Al Saraya Al Kobra St. First floor, flat number 4, Garden City, Cairo, Telephone & fax: +(202) 27960197 - 27960158 www.eipr.org - [email protected] All printing and publication rights reserved. This report may be redistributed with attribution for non-profit pur- poses under Creative Commons license. www.creativecommons.org/licenses/by-nc/3.0 Amr Ezzat: Researcher & Officer - Freedom of Religion and Belief Program Islam Barakat and Ibrahim al-Sharqawi helped to compile the material for this study. The Turbaned State: An Analysis of the Official Policies on the Administration of Mosques and Islamic Religious Activities in Egypt Summary: Policies Regulating Mosques: Between the Assumption of Unity and the Reality of Diversity Along with the rapid political and social transformations which have taken place since January 2011, religion in Egypt has been a subject of much contention. This controversy has included questions of who should be allowed to administer mosques, speak in them, and use their space. This study observes the roots of the struggle over the right to administer mosques in Islamic jurisprudence and historical practice as well as their modern implications. The study then moves on to focus on the developments that have taken place in the last three years. The study describes the analytical framework of the policies of the Egyptian state regarding the administration of mosques, based on three assumptions which serve as the basis for these policies. -
Egypt Weekly Newsletter November 2014, 2Nd Quarter
EGYPT WEEKLY NEWSLETTER November, 2014 (2nd QUARTER) CONTENT 1. Political Overview………..........01 2. Economic Overview……..….…..02 3. Finance..…………………………..….05 4. IT & Telecom………………………..05 5. Energy……………………………….… 06+ 6. Agriculture.…..……..………………07 7. Building Materials……..…………08 8. Real Estate.…………..……..……...08 9. Laws & Regulations…..…………. 08 10. Hot Issue……………………….……09 Compiled by Thai Trade Center, Cairo POLITICAL OVERVIEW Parliamentary polls to be held before end of March, says El-Sisi Source: Egypt Impendent, November 13, 2014 Egypt's president Abdel-Fattah El-Sisi said in a meeting with a delegation of American businesspeople on Monday that Egyptian parliamentary elections will take place before the end of March 2015. The statement is the closest estimate given by an official regarding the date of the polls, which has been shrouded in mystery for quite some time. A statement by presidential spokesman Alaa Youssef said El-Sisi mentioned that the third objective of Egypt's transitional roadmap, following a new constitution and presidential elections, "will be achieved before the International Economic Summit which Egypt will host in the first quarter of 2015." The delay of a date for elections was criticised by politicians and observers who have argued the delay is unconstitutional; Egypt's January 2014 constitution says electoral procedures for parliamentary elections must commence after 6 months following the constitution’s ratification. The meeting included representatives from the Egypt-US Business Council and the American Chamber of Commerce in Egypt. Egypt Prime Minister Ibrahim Mahlab attended the meeting along with many members of cabinet including the industry and trade, planning, investment, electricity and renewable energy and petroleum ministries. -
“Jesters Do Oft Prove Prophets” William Shakespeare King Lear (Act 5, Scene 3)
CHAPTER ONE INTRODUCTION “Jesters do oft prove prophets” William Shakespeare King Lear (Act 5, Scene 3) During Medieval times, kings kept jesters for amusement and telling jokes. Jesters played the role of both entertainers and advisers, sarcastically mocking reality to entertain and amuse. The jester’s unique position in the court allowed him to tell the king the truth upfront that no one else dared to speak, under the cover of telling it as a jest (Glenn, 2011). In this sense, contemporary political satire has given birth to many modern-day jesters, one of the most famous worldwide being Jon Stewart, and on a more local scale but also gaining widespread popularity, Bassem Youssef. Political satire is a global genre. It dates back to the 1960s, originating in Britain, and has now become transnational, with cross-cultural flows of the format popular and flourishing across various countries (Baym & Jones, 2012). The Daily Show with Jon Stewart and The Colbert Report are examples of popular political satire shows in the United States. Both shows have won Emmy awards and Jon Stewart was named one of Time magazine’s 100 most influential people in the world. Research on political satire shows that it does not have unified effects on its audiences. Different types of satire lead to distinct influences on viewers (Baumgartner & Morris, 2006; Baumgartner & Morris, 2008; Holbert et al, 2013; Lee, 2013). Moreover, viewers of different comedy shows are not homogeneous in nature. The Daily Show's audience was found to be more politically interested and knowledgeable than Leno and Letterman viewers (Young & Tisinger, 2006). -
Egypt and Ethiopia.Pdf
Egypt and Ethiopia The history of Egyptian-Ethiopian relations dates back to the Ancient Egypt eras, which were not only political but religious and cultural relations as well. The Religious relations between the two countries began in the 4th century AD since the Ethiopian Church was associated with the Egyptian Church, while the signs of concord were the affiliation of the Ethiopian Church to one faith and one Bishop, who is Egyptian, where all Ethiopian clerics are attached to him functionally and ideologically. There was mutual respect between the Emperor and the Egyptian Bishop. The current distinguished cooperation between Egypt and Ethiopia in the water issue, which is considered a national security issue, proved to the whole world that Cairo and Addis Ababa are brothers and the positive cooperation in this issue will be based on this historical depth in the relations between the two countries. This comes in the framework of the development and change taking place in Ethiopia, which necessitates the continuation of channels of communication and open dialogue between the two countries to facilitate the common vision of bilateral relations, as well as the issues related to the management of the Renaissance Dam file, the full implementation of the agreements concluded and strengthening the Egyptian-Ethiopian relations in all fields to meet the aspirations of the peoples of the two countries.. We review in the following lines two sections; the first section dealing with the central aspects of the relations between the two countries, while the second one monitors their development in the political, economic, religious and educational aspects. -
The Executive Survey General Information and Guidelines
The Executive Survey General Information and Guidelines Dear Country Expert, In this section, we distinguish between the head of state (HOS) and the head of government (HOG). • The Head of State (HOS) is an individual or collective body that serves as the chief public representative of the country; his or her function could be purely ceremonial. • The Head of Government (HOG) is the chief officer(s) of the executive branch of government; the HOG may also be HOS, in which case the executive survey only pertains to the HOS. • The executive survey applies to the person who effectively holds these positions in practice. • The HOS/HOG pair will always include the effective ruler of the country, even if for a period this is the commander of foreign occupying forces. • The HOS and/or HOG must rule over a significant part of the country’s territory. • The HOS and/or HOG must be a resident of the country — governments in exile are not listed. • By implication, if you are considering a semi-sovereign territory, such as a colony or an annexed territory, the HOS and/or HOG will be a person located in the territory in question, not in the capital of the colonizing/annexing country. • Only HOSs and/or HOGs who stay in power for 100 consecutive days or more will be included in the surveys. • A country may go without a HOG but there will be no period listed with only a HOG and no HOS. • If a HOG also becomes HOS (interim or full), s/he is moved to the HOS list and removed from the HOG list for the duration of their tenure. -
English.Ahram.Org.Eg Wealth
EYE ON SCIENCE Bibliotheca Alexandrina Planetarium Science Center WINTER 2016 | Year 9, Issue 1 THE PEOPLE OF SCIENCE: THE SCIENCE OF THE ARABS IN THIS ISSUE... Planetarium First Arab Mars Probe is Science Center 4 the New “Hope” 5 Essam Heggy: A profile WINTER 2016 Al-Qarawiyyin: Year 9, Issue 1 6 The Oldest University in the Islamic World Cultural Outreach Sector THE SCIENCE OF THE “Brain Drain” Threatens Educational & Promotional 7 the Future of Arab Publications Unit (COPU) Science Human Flight: Maissa Azab 8 Adventures and ARABS: Head of Unit Misadventures Legacies of the Past; Challenges of the Present By: Maissa Azab Editorial Team Arab Science Fiction Shahenda Ayman 10 Esraa Ali “The intellectual and practical activity encompassing the Before Newton, there systematic study of the structure and behavior of the physical Lamia Ghoneim 11 was Alhazen and natural world through observation and experiment”; this is Jailane Salem the dictionary definition of the word Science. Science is indeed an Moataz Abdelmegid Top Ten Influential Arab activity; an activity conducted by humans; an instinctive activity Sherine Ramadan 12 Scientists: Then and Now that aims at understanding, unraveling, imitating, improving, Nourane Khaled becoming better, becoming stronger, and so on. The Science of Egypt: Science is thus part of human nature; a human nature that Design 14 Two Academics’ marvels at nature. Nonetheless, not all humans are the same; Asma Haggag Journeys not all of them are driven or capable of dedicating themselves to observation, contemplation, investigation, experimentation, and Communication Guru thus revelation. Only some do; a very special some. Publishing Department 16 Hatim Zaghloul That is why we dedicate the issues of SCIplanet 2016 to Language Revision the “People of Science”. -
Militär-Kampfgas Gegen De Monstranten?
kultur magazin Nr. 5 ------------------------------------------------------------------------------------------------------------- kultur magazin Nr. 5 ------------------------------------------------------------------------------------------------------------- kultur magazin Nr. 5 ------------------------------------------------------------------------------------------------------------- 2011/2013..........................................15 Die Beiträge im EinzelnenVon den Parlaments- zu den Präsidentschaftswahlen 2012.............15 Die Präsidentschaftswahlen vom Mai/Juni 2012....................................16 Was ist die größere Gefahr? ..............17 Mohammed Mursis Präsidentschaft Der arabische Frühling vor dem Ende (22.8.2013) 4 (21.8.2013)..................................................18 Zwei Elemente Mursi´s Präsidentschaft Das Drama der syrischen Revolution (21.8.2013) ...........................................................7 18 Hier eine Zusammenfassung der Das Blutbad der Putschisten (17.8.2013) Ereignisse: .........................................11 18 Probleme des syrischen Widerstandes (10.6.2012)..................................................20 Tahrir 3.0 (3.7.2013) Egypt: Revolution and Conterrevolution12 Table of Contents (14.12.2012)................................................21 Zwischenkultur magazin Mubarak nr. 3 und ...................................... Mursi (21.8.2013)2 Economic growth rate and wealth13 per capita / Die Beiträge im Einzelnen ...........................2 employed (7.3.2012)...................................22 -
Two Egyptian Views of U.S. Policy | the Washington Institute
MENU Policy Analysis / Articles & Op-Eds Two Egyptian Views of U.S. Policy Aug 30, 2012 Articles & Testimony Fikra Forum contributors offer unique perspectives and analysis from Egypt regarding the changes in U.S. policy toward the new Egyptian government. America’s Reversed Policy toward the Muslim Brotherhood By Amin Makram Ebeid merica used to be acknowledged as a beacon of democracy, a defender of values, a bridge-builder between A people and nations, and an example for the entire world to emulate. In the Middle East, this image of America is unfortunately quickly losing its place in the hearts of democracy lovers and peace makers of this tortured region. In early 2011, political observers noted that the Obama administration had begun to reverse decades of mistrust and hostility towards the Muslim Brotherhood (MB). This reversal was carried out with full knowledge that Brethren policy calls for the imposition of the Islamic Shari’a on Christians and liberal Muslims who reject this policy as tyrannical. Their organizational creed says it all: “Allah is our objective, the Qur’an is our law, the Prophet is our leader, Jihad is our way and death for the sake of Allah is the highest aspiration”. Even the MB emblem appears to encourage military Jihad, consisting of two swords and the Qur’an. This would probably be acceptable in a homogeneous Muslim Society like the Kingdom of Saudi Arabia (KSA), but it is certainly not the case in Egypt, Lebanon, Syria and Jordan. It would be tempting to ask the leaders of the current U.S. -
Doing Business in Egypt: 2015 Country Commercial Guide for U.S. Companies
Doing Business in Egypt: 2015 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. Chapter 1: Doing Business In Egypt Chapter 2: Political and Economic Environment Chapter 3: Selling U.S. Products and Services Chapter 4: Leading Sectors for U.S. Export and Investment Chapter 5: Trade Regulations, Customs and Standards Chapter 6: Investment Climate Chapter 7: Trade and Project Financing Chapter 8: Business Travel Chapter 9: Contacts, Market Research and Trade Events Chapter 10: Guide to Our Services Return to table of contents Chapter 1: Doing Business in Egypt Market Overview Market Challenges Market Opportunities Market Entry Strategy Market Overview Return to top Egypt is an important strategic partner and the United States continues to engage with Egypt on our mutually shared interests including strong commercial ties. With a population of over 88 million and a GDP of USD 272 billion there are solid opportunities for U.S. firms in the medium-to-long term. Egypt’s strategic location offers companies a platform for their commercial activities into the Middle East and Africa. In 2014, U.S. – Egypt bilateral trade increased from USD 6.8 billion in 2013 to USD 7.9 billion. US Exports to Egypt increased 20% from USD 5.18 billion to USD 6.47, while Egyptian exports to the U.S. decreased from USD 1.61 billion to USD 1.41 billion. Egypt is the third largest export market for U.S. products and services in the Middle East and the 39th largest export market in the world. -
The Turtle Bay Pivot: How the United Nations Security Council Is Reshaping Naval Pursuit of Nuclear Proliferators, Rogue States, and Pirates
Emory International Law Review Volume 33 Issue 1 2018 The Turtle Bay Pivot: How the United Nations Security Council Is Reshaping Naval Pursuit of Nuclear Proliferators, Rogue States, and Pirates Brian Wilson Follow this and additional works at: https://scholarlycommons.law.emory.edu/eilr Recommended Citation Brian Wilson, The Turtle Bay Pivot: How the United Nations Security Council Is Reshaping Naval Pursuit of Nuclear Proliferators, Rogue States, and Pirates, 33 Emory Int'l L. Rev. 1 (2018). Available at: https://scholarlycommons.law.emory.edu/eilr/vol33/iss1/1 This Article is brought to you for free and open access by the Journals at Emory Law Scholarly Commons. It has been accepted for inclusion in Emory International Law Review by an authorized editor of Emory Law Scholarly Commons. For more information, please contact [email protected]. WILSON_PROOFS 12/17/2018 12:20 PM THE TURTLE BAY PIVOT: HOW THE UNITED NATIONS SECURITY COUNCIL IS RESHAPING NAVAL PURSUIT OF NUCLEAR PROLIFERATORS, ROGUE STATES, AND PIRATES Brian Wilson* ABSTRACT Multinational action at the United Nations to combat illicit activity represents the most consequential sanctions period involving the maritime environment since the Athenian Empire’s Megarian Decree. From its inception, the Security Council has authorized measures that have led to naval approaches or boardings of more than 50,000 ships, the destruction of 3,500 vessels, and the maritime rescue of 40,000 people in the pursuit of transnational security threats. While the Security Council has addressed maritime challenges over the past seven decades, a diplomatic renaissance began in 2008 with decisions impacting naval engagements unfolding with unparalleled frequency: From 1946 to 2007, resolutions were adopted about once every 1.7 years, and since, are now approved every 2.5 months.