Strategic Assessment

Since he assumed the Egyptian presidency, Abdel Fattah el-Sisi has launched economic moves that are evidence of his determination to pursue a new course in coping with the fundamental challenges of Egypt’s economy. El-Sisi’s wide ranging set of bold economic policies and moves are backed by unprecedented aid from the Gulf states and support from the international business community. The preliminary figures of 2014/2015 are positive. Economic activity shows strong recovery, and unemployment is declining. Advances have also been recorded in some of the megaprojects, especially in the flagship New Suez Canal Project. Nevertheless, the economy is still in an early stage of recovery, and remains vulnerable to a wide set of risks.