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Monday, 18 February 2019

Egypt in the News on 18 February 2019

You know it’s a slow news morning for Egypt when this is the biggest story we can come up with: Renaissance Capital chief economist Charlie Robertson’s note on Egypt, “allegedly sent from the back of a taxi stuck in nose-to-tail traffic in Cairo,” gets a nod from the WSJ’s this week on the frontiers column. Why does Robertson like Egypt despite the noise presented by the constitutional change process? “Robust economic growth—supported by investment—the potential for rapid industrialization, a relatively stable currency, responsible monetary policies and a determination to maintain fiscal discipline. ‘It’s still a very good story,’ he added.”

Other headlines worth noting in brief include:

  • The Telegraph likens Egypt’s new administrative capital to Baghdad’s Green Zone.
  • Egypt’s emergence as the region’s energy hub gets ink from analyst Cyril Widdershoven writing for Oil Price.
  • New York’s Met museum has agreed to return an Egyptian artifact from the 1st Century BC, after prosecutors showed evidence that it had been looted in 2011, the New York Times reports.
  • BBC spent a day with Tayeb, a 17-year-old in Luxor as part of their series “Being 17.”
  • An Egyptian blogger’s infatuation with physics turns him into a TV sensation, Ahmed El Ghandour, the personality behind El Daheeh, tells the BBC

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