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The threat of the growing Egyptian military power, an Israeli study

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https://www.facebook.com/sharer/sha...new-gas-pipe-that-could-boost-europe-supplies
In this article

Generic 1st 'NG' Future
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ISRAEL NATURAL GAS LINES CO
Private Company



Israel and Egypt are in talks to build a new overland pipeline to boost Israeli gas exports to its neighbor, the Israeli Ministry of Energy said in a statement on Thursday.
The pipeline will run from Israel to the Egyptian border on the Sinai peninsula, and will be operated by Israel Natural Gas Lines, a government-owned corporation. The company declined to comment on the talks. The news was first reported by Reuters.

Israel has discovered large quantities of natural gas in the Mediterranean Sea, with major finds beginning in 2009, and has been exporting supplies to Egypt since last year through an underwater pipeline. Some of that gas is then refined and sent to Europe, where gas prices have soared due to a supply crunch and a surge in demand as the world exits pandemic lockdowns. The new pipeline could increase the amount delivered to European customers in years to come.

“Israel and Egypt are holding talks on possible cooperation in the supply of natural gas. One of the options being studied, following a request by Egypt for further natural gas supplies, is an onshore gas pipeline,” according to the Israeli statement.
Egyptian Energy Ministry officials couldn’t be reached for comment on Thursday, a public holiday.

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Reuters reported that the new pipeline would increase the supply of Israeli gas to Egypt by three to five billion cubic meters each year once up and running. The new link is expected cost around $200 million to build, and would be operational within two years, it said.
— With assistance by Salma El Wardany


https://www.bloomberg.com/news/arti...new-gas-pipe-that-could-boost-europe-supplies
 
WZ-7e.jpg


An illustrative example of what we mentioned earlier about converting aging MIG-21/F-7/F-6 And also the exploitation of its engines available in abundance in many countries that used hundreds of these planes in the past


WZ-7 HALE UAV

The engine of the WZ-7 is the engine of the Chinese F-7, the WP-13 TURBOJET engine is a copy of the Tumansky R-13-300 engine used on the MiG-21.
This aircraft can be converted from a reconnaissance aircraft to a UCAV aircraft with a better payload, but with a lower range
The same is true for the engine of the MIG-21 aircraft
R-25-300 turbojet
Which can provide better performance and at the same time rotate a number of engines on the F-7/MIG-21 by taking advantage of them.

WZ-7_01.jpg


The WZ-7, in its reconnaissance version, has a range of 4,500 km and a cruising range of more than 10 hours With a payload of 650 kg of reconnaissance equipment,

FC2CsmJVIAshWTE111.jpg

The ASN-209, which has been in production since 2012, is one of its models, the ASN-209H model. It is equipped with Chinese TL-2 missiles, several different types of sensors systems.

Redesigning better or even using newer engines instead of the previous engine to drive performance things should be taken into account with more attention the Chinese have already replaced

In general, bureaucratic government employees always do not find much benefit from them as a result of poor performance and motivation, which has always made development limited and is reflected in the level of equipment development. The private sector is always the leader of the march

China's ASN-209 has been replaced by the FX500 Sky Saker

FX500f.jpg
 
“Israel and Egypt are holding talks on possible cooperation in the supply of natural gas. One of the options being studied, following a request by Egypt for further natural gas supplies, is an onshore gas pipeline,” according to the Israeli statement.

Ahahahaa! After your incredibly idiotic response to me about comparing Mubarak's abnormal incompetence to Sisi's magical and tireless work, to reading this pile of steaming dung (or crap) like that paragraph above and never seeing you participate in any of the actually military threads of Egypt, I've finally figured out your motives and the plain old SUCK! "Following a request by Egypt" and this is all coming from an Israeli source LMFAO!

Egypt has the only two working LNG plants in the ENTIRE MEDITERRANEAN SEA and have become completely self-sufficient on gas needs for its entire local populations for decades to come and you honestly think that this request was at the behest of Egypt?!?!?! Quit the false promotions and peddling the filthy Israeli lying bullcrap you've been doing since the start of this stupid and falsely promoting thread.

No wonder you don't even put any nationalities in your identification and won't lie about them because the administration will catch you. So you leave them blank. Unfortunately for you, it was way too easy to figure out your motive and can only guess your origin which is CERTAINLTY not pro-Egyptian. You're a fraud and have been busted and do us all a favor, stop suggesting a bunch of Israrel/turkey khara that you might like to swallow but we have no intention of listening to any of that rubbish, let alone entertain any of the falsehoods you're shamelessly trying to promote. "at Egyptian behest" looooooool spoken like a true Israeli conman! Wow have we reached a new low!

Congratz to all my Egyptian brothers who pitched in and left a piece of their minds like @joker87 enta shoft el habal dal? lmfao and the other fellow who doesn't participate ever except that one time on this thread when he read the ultimate BS and just couldn't stay quiet anymore! Bravo aleik ya basha! Much love.
 
Ahahahaa! After your incredibly idiotic response to me about comparing Mubarak's abnormal incompetence to Sisi's magical and tireless work, to reading this pile of steaming dung (or crap) like that paragraph above and never seeing you participate in any of the actually military threads of Egypt, I've finally figured out your motives and the plain old SUCK! "Following a request by Egypt" and this is all coming from an Israeli source LMFAO!

Egypt has the only two working LNG plants in the ENTIRE MEDITERRANEAN SEA and have become completely self-sufficient on gas needs for its entire local populations for decades to come and you honestly think that this request was at the behest of Egypt?!?!?! Quit the false promotions and peddling the filthy Israeli lying bullcrap you've been doing since the start of this stupid and falsely promoting thread.

No wonder you don't even put any nationalities in your identification and won't lie about them because the administration will catch you. So you leave them blank. Unfortunately for you, it was way too easy to figure out your motive and can only guess your origin which is CERTAINLTY not pro-Egyptian. You're a fraud and have been busted and do us all a favor, stop suggesting a bunch of Israrel/turkey khara that you might like to swallow but we have no intention of listening to any of that rubbish, let alone entertain any of the falsehoods you're shamelessly trying to promote. "at Egyptian behest" looooooool spoken like a true Israeli conman! Wow have we reached a new low!

Congratz to all my Egyptian brothers who pitched in and left a piece of their minds like @joker87 enta shoft el habal dal? lmfao and the other fellow who doesn't participate ever except that one time on this thread when he read the ultimate BS and just couldn't stay quiet anymore! Bravo aleik ya basha! Much love.


What is in your limited mind shows that you do not have the lowest standards of understanding or evaluation
As I am any nationality, what is its importance in the first place, and the story of you, any nationality, is an expression of your distinguished ability to deal with an eloquence.

Sisi assigns state projects to the army, and their economic efficiency is limited, and historically the army in its previous wars is not as good as its performance
In the economic field, their companies do not make profits because they do not have the slightest efficiency in management. We are able to crush them in the field of exporting their products by exporting from other countries.

The Egyptian state owes 140 billion dollars, in addition to a local debt of 4,500 billion Egyptian pounds, and its confiscation does not exceed 30 billion in 2020, and currently the first 9 months of their exports are 25 billion dollars, and despite the suppression of imports and restrictions, the result is that the government budget is most of its activities to pay off debts and interest debts. What is the reason for this borrowing to please the West and not Implementation of projects in the BOT style, but rather the insistence on borrowing because of loan commissions and because of assigning contracting work to the army for personal interests. The result is catastrophic. You sell your local debts internationally to become a hostage, and Egypt will be worse than Turkey in the field of debts because you do not own the policy-making used to bring taxes from the people in huge quantities. Disastrous, which is the contraction of the private economy for the tenth month in a row and the refusal of businessmen to work in Egyptian companies in Egypt. Rather, Naguib Sawiris, for example, establishes European companies when he wants the Egyptian government to participate in projects and not with his local companies until he sue them internationally in the event of their failure to pay and this is followed by implicating businessmen in work Then they do not pay the money to the contractors and others The future generations in Egypt are responsible for paying the current debts
216254_163017225_00.51_[2021.08.04_20.14.46].png

And you know, Sisi has failed in many files
He announced that he would bring in foreign investments 5 years ago, 20 billion dollars annually for several years and failed to implement.
He announced that he would increase exports to 100 billion within 3 years, but he failed, and more than a year and a half passed.
Who stopped the labor training program in Egypt, 500,000 workers were trained annually
Whoever withdraws the funds of the Arab Organization for Industrialization that it uses in the projects, it was withdrawn in the SISI time and became indebted to all parties. Rather, it offered to sell its land to one of the creditor banks.

The first year of his rule, in which Sisi canceled the export subsidy, and it collapsed to less than 19 billion, then he was forced to pay the export subsidy until it rose slightly.

Who made energy prices high and even increased them, so he removed the Egyptian factories from the export framework in the first place, and things were even more catastrophic. Huge fees were imposed on the quarries of raw materials in Egypt.
Why failed to export as a result of the huge burdens and consequently the failure of the export system

Who suspended the industrial modernization program?
The result is disastrous
11111111111.jpg



لقاهرة - رويترز

نشر في: 03 نوفمبر ,2021: 11:05 ص GST آخر تحديث: 03 نوفمبر ,2021: 11:23 ص GST​


أظهر مسح نُشرت نتائجه اليوم الأربعاء، أن نشاط القطاع الخاص غير النفطي في مصر انكمش للشهر الحادي عشر على التوالي في أكتوبر، بفعل تباطؤ الإنتاج جراء مشاكل سلاسل التوريد العالمية التي أثرت كذلك على توقعات الإنتاج المستقبلية.
تراجع مؤشر آي.إتش.إس ماركت لمديري المشتريات إلى 48.7 من 48.9 في سبتمبر، أي دون مستوى الخمسين نقطة الفاصل بين النمو والانكماش.
وقالت مؤسسة آي.إتش.إس ماركت "كانت هناك مخاوف متنامية بين الشركات من اشتداد اضطراب الإمدادات في الشهور المقبلة مما قد يحد من التعافي الاقتصادي، الأمر الذي أدى إلى تراجع كبير في توقعات الإنتاج عن مستواها القياسي المرتفع في سبتمبر".

أزمة سلاسل التوريد.. متى تنتهي معضلة العام 2021؟ قصص اقتصادية اقتصاد أزمة سلاسل التوريد.. متى تنتهي معضلة العام 2021؟

وأضافت: "صعوبة الحصول على مجموعة كبيرة من المواد الخام والمكونات أجبرت الشركات غير النفطية في مصر على خفض مستويات إنتاجها".
ومضت المؤسسة تقول إن مخزون المدخلات هبط بأسرع وتيرة منذ يونيو 2020، مع سحب الشركات من المخزونات لدعم نشاط الأعمال.
انخفض المؤشر الفرعي لتوقعات الإنتاج المستقبلية بشدة إلى 65 من 85.7 في سبتمبر، في ظل مشاكل سلاسل التوريد التي لها تأثير كبير على الشركات.
وقال ديفيد أوين الخبير الاقتصادي في آي.إتش.إس ماركت: "كان أكثر ما يثير قلق الشركات أن يؤدي التضخم المرتفع إلى تراجع الطلب وتحويل مسار الانتعاش الاقتصادي".
وانخفض المؤشر الفرعي للطلبات الجديدة إلى 48.7 من 49.1 في سبتمبر، بينما انخفض المؤشر الفرعي للإنتاج إلى 47.5 من 48.9.


https://www.alarabiya.net/aswaq/economy/2021/11/03/القطاع-الخاص-غير-النفطي-في-مصر-ينكمش-للشهر-الـ11-بسبب-سلاسل-التوريد

The state delivers a debt of 1600 billion local pounds, which is raised to more than 4500 billion currently, and it is increasing daily
The foreign debt has increased from 49 billion to 140 billion and every month the foreign debt increases by one billion dollars to pay the interests of previous loans, that is, he borrows in order to repay the interest on the loans. Is this a success and magic?

Who told you that any project implemented in Egypt is implemented with transparency, rather all of them are implemented with lack of transparency, direct attribution and huge corruption, but the corrupt cannot be prosecuted because it does not allow that
The result is the inability of the economy to achieve real growth. Countries are built by productive activity and not by contracting works whose main purpose is commissions and bribes.


You are simply your opinion, I do not care, and I am an opinion that some may not take into account, but on the ground we are the ones who implement our will through our choice in economic dealings and investment in other countries is 1000 times better than Egypt.
Your disrespectful words simply have no value to me because we are talking about facts and figures, the inability of some to respond, and the preference for silence is not a rejection but an inability to respond.

Even in the military council, serious matters, disasters and accusations are directed against some, which we do not announce so as not to wage war against us to expose them.


Another thing. What is the value of your response? Do you add anything of value? Of course not, and without greetings

FDeQOEJUcAEkg36.jpg
 
Last edited:
What is in your limited mind shows that you do not have the lowest standards of understanding or evaluation
As I am any nationality, what is its importance in the first place, and the story of you, any nationality, is an expression of your distinguished ability to deal with an eloquence.

Sisi assigns state projects to the army, and their economic efficiency is limited, and historically the army in its previous wars is not as good as its performance
In the economic field, their companies do not make profits because they do not have the slightest efficiency in management. We are able to crush them in the field of exporting their products by exporting from other countries.

The Egyptian state owes 140 billion dollars, in addition to a local debt of 4,500 billion Egyptian pounds, and its confiscation does not exceed 30 billion in 2020, and currently the first 9 months of their exports are 25 billion dollars, and despite the suppression of imports and restrictions, the result is that the government budget is most of its activities to pay off debts and interest debts. What is the reason for this borrowing to please the West and not Implementation of projects in the BOT style, but rather the insistence on borrowing because of loan commissions and because of assigning contracting work to the army for personal interests. The result is catastrophic. You sell your local debts internationally to become a hostage, and Egypt will be worse than Turkey in the field of debts because you do not own the policy-making used to bring taxes from the people in huge quantities. Disastrous, which is the contraction of the private economy for the tenth month in a row and the refusal of businessmen to work in Egyptian companies in Egypt. Rather, Naguib Sawiris, for example, establishes European companies when he wants the Egyptian government to participate in projects and not with his local companies until he sue them internationally in the event of their failure to pay and this is followed by implicating businessmen in work Then they do not pay the money to the contractors and others The future generations in Egypt are responsible for paying the current debts
View attachment 792956
And you know, Sisi has failed in many files
He announced that he would bring in foreign investments 5 years ago, 20 billion dollars annually for several years and failed to implement.
He announced that he would increase exports to 100 billion within 3 years, but he failed, and more than a year and a half passed.
Who stopped the labor training program in Egypt, 500,000 workers were trained annually
Whoever withdraws the funds of the Arab Organization for Industrialization that it uses in the projects, it was withdrawn in the SISI time and became indebted to all parties. Rather, it offered to sell its land to one of the creditor banks.

The first year of his rule, in which Sisi canceled the export subsidy, and it collapsed to less than 19 billion, then he was forced to pay the export subsidy until it rose slightly.

Who made energy prices high and even increased them, so he removed the Egyptian factories from the export framework in the first place, and things were even more catastrophic. Huge fees were imposed on the quarries of raw materials in Egypt.
Why failed to export as a result of the huge burdens and consequently the failure of the export system

Who suspended the industrial modernization program?
The result is disastrous
View attachment 792957


لقاهرة - رويترز

نشر في: 03 نوفمبر ,2021: 11:05 ص GST آخر تحديث: 03 نوفمبر ,2021: 11:23 ص GST​


أظهر مسح نُشرت نتائجه اليوم الأربعاء، أن نشاط القطاع الخاص غير النفطي في مصر انكمش للشهر الحادي عشر على التوالي في أكتوبر، بفعل تباطؤ الإنتاج جراء مشاكل سلاسل التوريد العالمية التي أثرت كذلك على توقعات الإنتاج المستقبلية.
تراجع مؤشر آي.إتش.إس ماركت لمديري المشتريات إلى 48.7 من 48.9 في سبتمبر، أي دون مستوى الخمسين نقطة الفاصل بين النمو والانكماش.
وقالت مؤسسة آي.إتش.إس ماركت "كانت هناك مخاوف متنامية بين الشركات من اشتداد اضطراب الإمدادات في الشهور المقبلة مما قد يحد من التعافي الاقتصادي، الأمر الذي أدى إلى تراجع كبير في توقعات الإنتاج عن مستواها القياسي المرتفع في سبتمبر".

أزمة سلاسل التوريد.. متى تنتهي معضلة العام 2021؟ قصص اقتصادية اقتصاد أزمة سلاسل التوريد.. متى تنتهي معضلة العام 2021؟

وأضافت: "صعوبة الحصول على مجموعة كبيرة من المواد الخام والمكونات أجبرت الشركات غير النفطية في مصر على خفض مستويات إنتاجها".
ومضت المؤسسة تقول إن مخزون المدخلات هبط بأسرع وتيرة منذ يونيو 2020، مع سحب الشركات من المخزونات لدعم نشاط الأعمال.
انخفض المؤشر الفرعي لتوقعات الإنتاج المستقبلية بشدة إلى 65 من 85.7 في سبتمبر، في ظل مشاكل سلاسل التوريد التي لها تأثير كبير على الشركات.
وقال ديفيد أوين الخبير الاقتصادي في آي.إتش.إس ماركت: "كان أكثر ما يثير قلق الشركات أن يؤدي التضخم المرتفع إلى تراجع الطلب وتحويل مسار الانتعاش الاقتصادي".
وانخفض المؤشر الفرعي للطلبات الجديدة إلى 48.7 من 49.1 في سبتمبر، بينما انخفض المؤشر الفرعي للإنتاج إلى 47.5 من 48.9.


https://www.alarabiya.net/aswaq/economy/2021/11/03/القطاع-الخاص-غير-النفطي-في-مصر-ينكمش-للشهر-الـ11-بسبب-سلاسل-التوريد

The state delivers a debt of 1600 billion local pounds, which is raised to more than 4500 billion currently, and it is increasing daily
The foreign debt has increased from 49 billion to 140 billion and every month the foreign debt increases by one billion dollars to pay the interests of previous loans, that is, he borrows in order to repay the interest on the loans. Is this a success and magic?

Who told you that any project implemented in Egypt is implemented with transparency, rather all of them are implemented with lack of transparency, direct attribution and huge corruption, but the corrupt cannot be prosecuted because it does not allow that
The result is the inability of the economy to achieve real growth. Countries are built by productive activity and not by contracting works whose main purpose is commissions and bribes.


You are simply your opinion, I do not care, and I am an opinion that some may not take into account, but on the ground we are the ones who implement our will through our choice in economic dealings and investment in other countries is 1000 times better than Egypt.
Your disrespectful words simply have no value to me because we are talking about facts and figures, the inability of some to respond, and the preference for silence is not a rejection but an inability to respond.

Even in the military council, serious matters, disasters and accusations are directed against some, which we do not announce so as not to wage war against us to expose them.


Another thing. What is the value of your response? Do you add anything of value? Of course not, and without greetings

View attachment 792964
[URL unfurl="true"]https://defence.pk/pdf/threads/egyptian-national-and-strategic-development-projects-news-and-updates.517072/page-51[/URL]
 


We are the pioneers in creating this propaganda for Egypt since 2007, but it is simply less than a country the size of Egypt, and as we said, a country that borrows every month one billion dollars and daily from 1-3 billion pounds per day locally as an additional natural public debt to reach the stage of bankruptcy and the inability to repay the debt. It was official from the head of the state yesterday that they will pay 25% of the value of a project and after its completion they will pay to one of the contractors, and this matter made many flee from carrying out works in the interest of the army and the state, while others borrow until the problem becomes between government banks and the state when they fail to pay and for the state to impose a solution But whoever assigns him the work puts himself in a threatening situation in prison, so escaping from dealing with them is the best solution
 
Egypt, LOl, Why would it even raise a finger against the one who gets them the alms mone a 3bn dollar a year, what a joke
 
Egypt, LOl, Why would it even raise a finger against the one who gets them the alms mone a 3bn dollar a year, what a joke

1-vox-aircraft-rear-view_resize_md.jpg


Ha-ha-ha, I'm happy to converse with young minds
It's not mob screeching like you want

Since 1988, Egypt has been providing financial savings for military purchases on an annual basis and investing them, so simply Egypt has spent 120 billion dollars, of which it has been able to purchase 40 billion dollars in weapons and develop local production programs worth 20 billion dollars
The rise of Egypt

It was able to hurt the Americans greatly
For example, with a joint cooperation program, the Dassault Rafale production line has been operated until 2030, here the strike will be by providing a competitor
Egypt was able to operate the German shipbuilding yards by purchasing 4 frigates, 4 submarines and 10 launchers
Operating the production lines of MBDA Company for the demands of Egyptian weapons of fighters, ships and land equipment, and the same thing was done by the Daehl company, and the availability of a better alternative than the high-priced failed Patriot
In other words, Egypt simply dealt a blow to the American arms companies, as they provided them
sam_1131b.jpg

LMM will be used as a multi- purpose against small targets for all Egyptian corvettes and ships, in addition to the air defense systems and the laser guns that will be installed in them.

Operating the MiG-29M production line, developing and accelerating the development of the MIG-35
The same thing was the Sukhoi Anta 35 line, which provided the Russians with funding for the development of weapons, in addition to the fact that the Russians developed weapons specifically for Egyptian demands, such as the ANTAY-4000, after it rejected the commercial version of the S-400 that was offered to the countries.

America did not agree to develop the M1A1. Now Egypt has signed a contract to produce 500 T-90MS with modified specifications for Egypt. Egypt is repeating President Sadat's plan in the late seventies, which seeks to produce an eastern tank and a western tank, and negotiated with the South Koreans, and the tank project with Korea is awaiting completion of the development of the Korean engine.
1640524062059.png

The Americans used to say that Egypt is a buyer of 4-5% of the volume of American arms sales. Egypt has already doubled its purchases, while the Americans did not get anything.

Egypt is active in the defense industry. It is enough that Egypt announces its contract for any weapon, so that it becomes an internationally desirable weapon, and countries seek to purchase and contract it.
FHWcKLtUYAE2WHe.jpg

The Americans themselves want Egypt to stay away from Russian purchases, and Egypt has refused this since November 2013 and does not care about the presence of the Americans or their pressure.

As a result, other countries tended to buy weapons from other sources. It is enough for the Indians or Egypt to announce that they are interested in the Akash missile, so that the Saudis will find that they are interested, even though Egypt is interested in the Indian Akasha as ammunition for the Serbian SAM-6 developed.
nE95ej5.png

Egypt refused the American pressure for the ballistic missile program, and the Israelis here admitted that Egypt has 2,000 missiles. This means what do you think?

When you are the biggest buyer of Chinese drones, and you ignore the Americans, and China becomes the biggest producer of drones, and countries don't care about American drones, what are you doing to America?
gettyimages-853610450-2048x2048.jpg


Countries are implemented with actions, not words or screams of young people
 
Countries are implemented with actions, not words or screams of young people
lol, another of one pompous show, Take 3 billion alms money every year for not exactly raising finger against Israel, When is the last time you actually had a showdown with israel ( masters) after taking 3 billion dollar a year,

Sorry to say but this is nothing when your elites have themselves signed a surrender warrant to them, gone are the days when Egyptian had spine and balls to face israels, now its just plain hypocrisy,
does not care about the presence of the Americans or their pressure.
sure it does, LOL big words coming from someone who survives on 3 billion dollar a year aid from Americans as a promise not to bat an eye on Israel
 
lol, another of one pompous show, Take 3 billion alms money every year for not exactly raising finger against Israel, When is the last time you actually had a showdown with israel ( masters) after taking 3 billion dollar a year,

Sorry to say but this is nothing when your elites have themselves signed a surrender warrant to them, gone are the days when Egyptian had spine and balls to face israels, now its just plain hypocrisy,

sure it does, LOL big words coming from someone who survives on 3 billion dollar a year aid from Americans as a promise not to bat an eye on Israel


83882ae8_42-29222464.xxxlarge_2x-1024x683.jpg

As long as you don't respect countries and people, people like you should know their size

Mothers are supposed to not allow children like you to enter forums
Secondly, your insignificant thinking builds lies. Any 3 billion dollars is charity, and Egypt does not receive grants
The Camp David agreement is mainly related to compensation for the losses of the 1967 war, and the Americans benefit from the rights of passage in Egyptian airspace, so there are no grants

I know the truth of your situation, the situation of the miserable place and the misery of your situation
Unfortunately, people like you trample them with shoes, and we do not have a conversation with frivolous minds like you, ignoring an insect like you is better because not talking to you makes you valuable.
 
Lol, Thats what is taught in Egpytian school, no worries, Afterall taking money and then going agaisnt masters is not easy, lol
Will you guys finally stop with this "your masters"? If a country is friendly or allied with the Americans or buys American weapons,some of you go like "Your masters..."

Pakistan's been an ally of the U.S. for decades. Does that mean they are your masters? You're allied to the Chinese,does that mean they are your masters? Enough with this.
 
We are the pioneers in creating this propaganda for Egypt since 2007, but it is simply less than a country the size of Egypt, and as we said, a country that borrows every month one billion dollars and daily from 1-3 billion pounds per day locally as an additional natural public debt to reach the stage of bankruptcy and the inability to repay the debt. It was official from the head of the state yesterday that they will pay 25% of the value of a project and after its completion they will pay to one of the contractors, and this matter made many flee from carrying out works in the interest of the army and the state, while others borrow until the problem becomes between government banks and the state when they fail to pay and for the state to impose a solution But whoever assigns him the work puts himself in a threatening situation in prison, so escaping from dealing with them is the best solution
Quick Facts


  • Population:
    • 100.4 million
  • GDP (PPP):
    • $1.4 trillion
    • 5.6% growth
    • 4.7% 5-year compound annual growth
    • $12,251 per capita
  • Unemployment:
    • 10.8%
  • Inflation (CPI):
    • 13.9%
  • FDI Inflow:
    • $9.0 billion
https://www.heritage.org/index/country/egypt



These are facts on the ground.. there is obviously still a lot to do and achieve..but this is considered pretty good already..
 
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Quick Facts


  • Population:
    • 100.4 million
  • GDP (PPP):
    • $1.4 trillion
    • 5.6% growth
    • 4.7% 5-year compound annual growth
    • $12,251 per capita
  • Unemployment:
    • 10.8%
  • Inflation (CPI):
    • 13.9%
  • FDI Inflow:
    • $9.0 billion
https://www.heritage.org/index/country/egypt



These are facts on the ground.. there is obviously still a lot to do and achieve..but this is considered pretty good already..

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Wikipedia has never been an accurate source

As for any propaganda that polishes the system, it is not considered home-reading or credible at all. Rather, it is required to impress with fake development. Therefore, the video is of no value in the first place. The income level of the Egyptians is known.
The facts are the debt of the year 4600 billion pounds
External debt in December 2021 exceeds 148 billion dollars
You are borrowing to pay off old debts under the pretext of long-term loans

Development is in productive activities and not in contracting projects that are implemented for commissions and bribes

Before 2011 you were executing 1000 large factories annually
And 5000 small factories. You are from 2014 until now. Your biggest dream is 4500 small factories in 7 years, and this in itself is shameful and frustrating.
Transforming state activities to be controlled by the army, and the intelligence services do not establish countries except North Korea

The biggest goals of the Minister of Finance are to sell the internal debt to the outside, i.e. to sell state assets, so that the Egyptians will find their government companies, all of which have become the property of foreigners

There is no debt development next to the people in Egypt who suffer from many taxes and fees as a result of the failure of development that depends on levying and taxes and the imposition of the army’s guardianship over the economy, whether officially or under the table

You, as a country of 105 million people, issue the highest numbers of Egyptians optimistic about this year, which will reach 40 billion dollars, while countries the size of Egypt or smaller, such as Turkey, export 220 billion dollars.

Is the Emirates, which has an indigenous population of 700,000, whose economy is parallel to that of a country of 105 million people, a good thing or a shame?

The income level of the custodian is actually between 2000-4000 dollars
The projects that are announced are implemented at several times the cost as a result of corruption and as a result of extravagance in loans. Begging to work with the private sector, provided that the army participates in the economy is rejected by any honorable patriot for a simple reason because the private sector will be betrayed and assets and money confiscated with any pretext. You are in front of a partner, an opponent and a judge at the same time, so how can you get your rights
There is no country in the world whose economy is controlled by the army and it succeeds unless the ambition of Egypt is North Korea
China expelled the army from the business in order to grow, and the military has no control over the economy, and everyone knows the extent of corruption in the projects and is not tempted to speak

Egyptian government debt fuelled policies could drive Egypt off a cliff

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No economy is growing, and the public debt rises from 1,600 billion pounds to 4,600 in 7 years, and says project development have high costs because of their corruption.
There is no country where the external debt has risen from 49 to 149 now in seven years and says this is development, so what is destruction?

https://webcache.googleusercontent....+&cd=1&hl=ar&ct=clnk&gl=eg&client=firefox-b-d


Markets
Seven Charts Show Egypt’s Debt Dilemma Ahead of Fed Tapering
By
Rene Vollgraaff
September 30, 2021, 4:00 AM EDT
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Egypt’s reliance on foreign inflows has placed it among the emerging markets vulnerable to an investor exodus when the U.S. Federal Reserve begins tapering its pandemic stimulus -- but it’s better equipped than many to weather any volatility.
The Fed’s move is expected to spur interest-rate hikes in advanced economies, making them more competitive against Egypt’s high-yielding but higher-risk debt. That’s a challenge for the North African nation where record investments in T-bills and bonds have helped the economy withstand the pandemic.

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