
BRICS Promised New Markets, Alternative Currencies, and Easier Financing: What Has Egypt Actually Gained?
Egypt joined BRICS in January 2024 with a long list of promises. Two and a half years later, the data tells a more complicated story.

Egypt joined BRICS in January 2024 with a long list of promises. Two and a half years later, the data tells a more complicated story.

Egypt’s Civil Democratic Movement announced the abolition of its Board of Trustees and the appointment of Akram Ismail as General Coordinator, but the Constitution Party objected that the executive committee composition bypassed the General Secretariat, the Egyptian Social Democratic Party confirmed it will not return, and the Conservatives remain frozen and say they received no outreach about the restructuring

Tora Al-Balad residents protest against the surveying of their properties within a plan to develop 1,640 feddans along the Nile, aimed at converting prisons and factories into towers and hotels and offering 22 land plots to investors, amid two contradictory official accounts, with Cairo Governorate not responding to Zawia3’s questions before publication.

Egypt’s Foreign Minister declares that negotiations with Ethiopia over the GERD have “reached a dead end” and affirms the right to self-defense, as Ethiopia announces three new dams on the Blue Nile with a combined capacity of 5,700 megawatts and $10.5 billion in investments. Experts say Egypt has not yet exhausted its diplomatic, legal, and intelligence options

Egypt has 7 types of fee-charging government schools, with costs ranging from 2,400 Egyptian pounds ($49.69) for experimental schools to 65,000 Egyptian pounds ($1,345.75) for Nile schools, while education spending reaches only 1.5% of GDP and 68.4% of the budget goes to wages

Warraq Island residents’ “house for a house” proposal, demanding 300 feddans inside the island for private homes, received its first official signal of willingness to discuss it, but 94 government towers remain without utilities and no official approval has been issued as the ninth year of the crisis continues.