Egyptian Armed Forces

[Ramses Akhenaten Ahmose]

I keep hearing that egypts foreign debt is a problem, anyone willing to elaborate in this further since I'm not too informed about it?

 

[ARCH٤R]

I keep hearing that egypts foreign debt is a problem, anyone willing to elaborate in this further since I'm not too informed about it?

This forum is about defence!

 

[Hydration]

I keep hearing that egypts foreign debt is a problem, anyone willing to elaborate in this further since I'm not too informed about it?

If theres anything about the Economy you want to know this guy can or did cover it he is a very reliable source and mby2alesh kteer w twak3atoh bttl3 sa7

 

[The SC]

 

[The SC]

I keep hearing that egypts foreign debt is a problem, anyone willing to elaborate in this further since I'm not too informed about it?

Egypt will not pay the IMF’s debts in exchange for the reforms that it carry out anyway, and the Fund extends the payment term for Gulf deposits. Egypt can ask for an extension of their term. The matter is simple..

https://twitter.com/x/status/1543980604819128322

The whole world is facing an inflation and monetary crisis.. Egypt is part of the world.. but still faring better than many..

According to the World Investment Report issued by the United Nations... on foreign investment.
Egypt has reduced the volume of foreign direct investment from 8 billion dollars in 2018 to 5 billion in 2021, meaning downed by half in the last 4 years only..

On the other hand, in the same period, foreign direct investment in the UAE increased from 10 to 21 billion dollars (doubled) and increased in Saudi Arabia from 4 to 19 billion dollars (doubled 5 times). The UAE and Saudi Arabia became attractive to foreign investment, contrary to the old idea that they are investors only abroad. .

Of course, foreign investment increased dramatically in the UAE as soon as the Russian-Ukrainian war broke out, as 4,000 Russian millionaires fled to the UAE. (This will appear in the 2022 statistics).

The question now is why do investors go to the UAE and Saudi Arabia and flee from Egypt?

The UAE provided unlimited facilities such as the golden visa, the right of foreigners to own all projects, tax and customs exemptions, and the completion of all procedures electronically.. The UAE united the gates of all government agencies in one UAE API program and they worked "proactive services", meaning three months before the date of renewal of the factory license, they send a message on the investor’s mobile phone, all that is required of him should click on “OK”, pay the fees, and upload the required paper, and the license will be renewed immediately.

In short, they made investment easier and they did it at a very low cost.. Just the cost of making an “application” program on the mobile. because the whole world turned to electronic governments!! The UAE estimated that foreign investment had doubled in just 4 years.

How can Saudi Arabia double foreign investment 5 times in 4 years?!! .. Look, it did exactly the same thing that the UAE, and then KSA provided another very important thing.. They decided that government contracts would be with only foreign companies that had a regional headquarters in Saudi Arabia from January 2024.. So most international companies moved their regional headquarters and investments to Saudi Arabia.

The story is easy and simple... but It needs some management and will..

And what is better is that they are investing in Egypt's economy from those profits..

Anyway we are off topic here,, There is a lot more to this.. but just enlightening some pessimistic souls here..

 

[Ramses Akhenaten Ahmose]

This forum is about defence!

I'm aware of that, doesn't mean I can't ask a quicky

 

[Hydration]

https://twitter.com/x/status/1549005419523211265

So they halted operations in mali and now training other nations
Very great

 

[Ghostkiller]

https://twitter.com/x/status/1549005419523211265

So they halted operations in mali and now training other nations
Very great

I heard that we have casulties lately with the UN missions.

 

[Ghostkiller]

@Philip the Arab you know if the UAE contracted the deal of the ST-100

 

[Ghostkiller]

https://www.tacticalreport.com/news/article/59939-egypt-hanwha-defense-and-new-deals

Egypt, Hanwha Defense, and new deals

Egypt is deepening its cooperation ties with the South Korean defense company Hanwha Defense, after the successful K9 deal.

Additional deals are reported to be in the making.

Those deals are said to concern air defense systems and remote weapon stations (RWS).

 

[Philip the Arab]

@Philip the Arab you know if the UAE contracted the deal of the ST-100

No clue yet tbh.

 

[The SC]

Middle East and North Africa: Implications of 2022 Russia-Ukraine War

https://sgp.fas.org/crs/mideast/R47160.pdf

 

[The SC]

Egypt will get Typhoon fighters from newly produced Italian allocations

 

[The SC]

@Philip the Arab you know if the UAE contracted the deal of the ST-100

Saudi Arabia, UAE Eye Egyptian-Made ST-100 Armored Vehicle​

https://www.defaiya.com/news/Region...-uae-eye-egyptian-made-st-100-armored-vehicle

 

[Ghostkiller]

View attachment 863095

Saudi Arabia, UAE Eye Egyptian-Made ST-100 Armored Vehicle​

https://www.defaiya.com/news/Regional News/Egypt/2019/10/31/saudi-arabia-uae-eye-egyptian-made-st-100-armored-vehicle

Problem is that it is an old news so we don't know if they signed it yes or no. I knew that the UAE and the KSA were or are still interested on it.