Episode 31-Pyramids of Pressure: Egypt's Economic Balance

Majlis & Markets

Egypt's economy is under intense pressure, with a currency crisis, soaring debt, rampant inflation, and a struggling private sector.
But a major UAE investment in February 2024 and a recent IMF bailout offers hope. Plus, Egypt’s entry into BRICS in 2023 hints at a shift eastward.

In our 31st episode, we spoke to Beth Morrissey, managing partner and co-founder of Kleiman International Consultants. As a specialist in emerging markets, Beth offers valuable insights into global economic trends.
In this episode, we covered several topics, including:

• Defining what emerging markets are
• Egypt’s currency crisis, debt, foreign investment and private sector struggles
• The challenges facing Egypt's political economy

Email us: [e-mail]

Kleiman International's substack-https://kleimaninternational.substack.com/
Kleiman International-X (Twitter) handle-https://x.com/KleimanIntCon
Follow us on LinkedIn-https://lnkd.in/eXKNRVcF
Intro theme song-Arab and Muslim by StockMusic via Pixabay

Kapitel

1. Episode 31-Pyramids of Pressure: Egypt's Economic Balance (00:00:00)

2. Monologue intro (00:00:48)

3. Beginning of discussion (00:01:42)

4. Beth's background (00:02:12)

5. What are emerging markets? (00:04:24)

6. Why do countries want to be in an index? (00:07:30)

7. Egypt's economy in 1990s (00:09:00)

8. Debt challenges today (00:12:45)

9. Currency crisis (00:19:48)

10. Tourism sector (00:23:46)

11. Suez Canal/Red Sea challenges (00:24:46)

12. FDI inflows (00:25:55)

13. UAE and Gulf investments into Egypt (00:29:42)

14. Banking & finance industry (00:32:07)

15. Why can't Egypt restructure its economy? (00:35:02)

16. Climate risks (00:38:54)

17. Security and civil unrest risks (00:42:51)

18. What is the future for Egypt's economy? (00:46:22)

19. Beth's current and upcoming projects (00:51:22)

20. Social media accounts (00:56:02)