person:mahmoud salem

  • The curious case of Egypt’s economy, par Mahmoud Salem - Daily News Egypt

    Analyse de la situation économique de l’Egypte et des investissements extérieurs par le blogueur Sand Monkey : la continuité rassure les investisseurs.

    For the first time in three years, the whole world knows who is running the show and will continue to run the show in the country, and that’s the Egyptian military. Having an entity in Egypt that operates as the guarantee of the continuing existence of the state- after a year and a half of revolutionaries destabilising it and a year of Muslim Brotherhood rule completely mismanaging it - makes certain businesses and investors comfortable with investing here. Egypt might be a “failed state” at the moment, but there is someone in charge who will continue to be in charge and that’s good enough for some investors .

    Further investments will follow based on the simple formula of “state building”: with every check mark next to a political step (the constitutional referendum, the presidential elections, the parliamentary elections and the formation of the government), more money will pour in. It is unlikely that further protests or clashes will affect the flow of this money this time for a very simple reason: people now expect it from Egypt. The country has such a horrible image world-wide at the moment, that there is literally no place for it to go but up.

    #economie #finances #Fitch #notation #crise #Golfe #Egypte

  • The Civilian Products of Military Factories, by Mahmoud Salem aka @Sandmonkey.

    Des Egyptiens, y compris parmi les révolutionnaires, sont nostalgiques de la période de transition durant laquelle le Conseil suprême des forces armées (CSFA) était au pouvoir (!) Un coup d’Etat de l’armée est-il souhaitable et/ou possible ? Pourquoi ? Qu’est-ce que cela impliquerait ? Eléments de réponses présentés avec ironie par le célèbre blogueur égyptien Sandmonkey. A lire absolument.

    Fifty Shades of Grey doesn’t hold a candle to the masochism fix I get from reading the news every morning.
    The notion of the army executing a coup against President Morsi and taking back power is becoming very popular in many circles in Egyptian society, especially amongst the non-politicised factions. If anything, it showcases the deep disenchantment that the average Egyptian feels with the Muslim Brotherhood government and its mismanagement of the country, alongside the political opposition.
    As the signs of the vanishing of the state and the impending economic apocalypse that is about to hit Egypt keep piling up, many people are starting to romanticise the good old days of SCAF rule.