... Abraham Accords between Israel and the conservative Arab monarchies continued, albeit fading from the public eye. The only consistent supporters of Palestine were the stubborn Yemeni Houthis, who have attacked foreign ships in the Red Sea. However, it was Egypt—not Israel—that suffered the most from these attacks, losing nearly half of its revenues from the Suez Canal.
Regional Trends in the Middle East: Political and Economic Dynamics. RIAC Report
Reasons for restraint
Although the trigger of a ...
The current economic dynamics are likely to continue in the foreseeable future since a solution to the fundamental problems of the Egyptian economy has not been found yet
On December 10–12, 2023, presidential elections were held in the Arab Republic of Egypt (ARE). As a result of a referendum held in 2019, certain amendments were added to the constitution, including the partial ...
When al-Sisi became the country’s new president in 2014, Russia and Egypt entered a new stage in their bilateral relations
The anniversary of the inauguration of Egyptian President Mohamed Morsi on June 30, 2013 was celebrated in the wake of an alarming situation. For several days, Morsi’s opponents shook Egypt with ...
The army is one of the main subjects of the Egyptian economy
Traditionally, the Egyptian army plays an important role within the nation’s economy. After the July 23
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Revolution of 1952, when King Farouk of Egypt was overthrown, the Egyptian military seized power. The aim of the new economic ...
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The agreement reached between Recep Erdogan and Faiz Saraj raised concerns among other Eastern Mediterranean states also interested in gaining access to hydrocarbon production in these areas. Egypt, Israel, Greece, and Cyprus have made statements that the memorandum violates international law. The European Union also declared a similar position, which even did not recognise the maritime agreement between the Republic of Turkey and the GNA ...