Egypt’s economy: where are we today?

Prior to the Arab Spring uprising in 2011, Egypt had a thriving economy. Investment flourished, tourism boomed at some USD11 billion a year in revenue, foreign reserves stood at some USD38 billion, and economic growth ran at some 5.8 per cent; an all-time high was 7.7 per cent in 2007. All this crashed with the … Continue reading Egypt’s economy: where are we today?