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Opening up to Islamists

The Arab Spring is undisputedly turning into an Islamist one. This has divided the world over how to deal with it. The realism school of Henry Kissinger supports opening up to Islamists, the same way Kissinger reached out to Communist China in the 1970s. The Chinese turned out to be more pragmatic than Communist, and …

Daily News Egypt

When the bankrupt are pushed to pay

By Mohammed Ali Ibrahim Once upon a time I wrote in Algoumhoria newspaper that we don’t need another Mahathir Mohammad here to score an economic miracle like that of Malaysia. Rather we need the Malaysian people who achieved that leap into the future. The occasion of the aforementioned article was the visit of the Malaysian prime minister …

Daily News Egypt

CAPMAS: Trade deficit has risen 48 per cent

By Hend El-Behary Egypt’s trade deficit nearly doubled, reaching EGP 17.6 billion in June, compared to EGP 11.9 billion in the same month last year, a 47.9 per cent jump according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). Exports have plunged by 18 percent, falling to EGP 14.6 billion, a decrease of …

Daily News Egypt