Creating new perspectives since 2009
Items by Mostafa Abdelsalam
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As Trump threatens the Suez Canal again, how can Egypt respond?
Once again, US President Donald Trump is threatening the Suez Canal, one of the world’s main arteries for international trade, and openly attempting to steal Egyptian state revenues in what is, in effect, a cheap form of blackmail, albeit on a large scale. This is a direct violation of Egyptian…
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Trump, Algerian law and the future of normalisation with Israel
During his first term (2017-2021), Donald Trump’s pressures resulted in major successes in the normalisation file between Arab countries and Israel. Peace agreements were signed between Israel and the United Arab Emirates (UAE) and Israel and Bahrain, and a normalisation agreement was signed between Morocco and Israel in December 2020…
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On the Egyptian uprising against the electricity cuts
With the Egyptian government announcing the start of implementing a load-reducing plan again, which requires cutting off electricity to homes for two hours a day, a social media campaign was launched strongly attacking the decision and carrying the hashtag #No_to_electricity_cuts. Among the other hashtags used by activists that are related…
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Egypt wants us to believe that the economic crisis is due to the war in Ukraine, but it isn’t
The Egyptian media and senior government officials hold the Russia-Ukraine war responsible for the major economic crisis that Egypt has faced since February last year, and even before. According to them, the war cancelled out the “massive gains” made by the economy during the implementation of the reform programme between…
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Israel’s gas platforms are within range of resistance missiles, threatening supplies
A little-mentioned aspect of the military offensive that Israel is currently waging against the Palestinians in the Gaza Strip is that the occupation state’s energy production sector is now within range of the rockets fired by resistance groups from the besieged territory. The sector generates millions of dollars for the…
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Difficult days await Saudi citizens
Increased unemployment, expanding poverty rates, a growing deficit in the public budget, a significant decline in general revenues, foreign exchange reserves and public reserves, stagnation in the markets, paralysis in vital activities, expatriate workers fleeing, a sharp decline in the profits of banks and major companies and salaries being paid…
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Could Saudi Arabia take steps to punish America?
Could Saudi Arabia take steps to punish America? In the wake of the disappearance, and presumed murder, of journalist Jamal Khashoggi, it’s a pertinent question. Theoretically, the Saudi government could punish the US financially, and inflict some heavy losses. The Kingdom would also respond strongly to US President Donald Trump’s…
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Unemployment in Saudi Arabia is either a crisis of wealth or mismanagement
When a government in any country is asked about why its unemployment statistics are getting worse, especially among young people and graduates, there is usually a stock reply: “We have a financial resources crisis. The liquidity available is low and barely enough to finance the purchase of basic imports, such…