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on of the economic conditions faced by the majority of Egyptians. These were the factors that resulted in the revolution that toppled the regime of Hosni Mubarak. The meeting between high-level Egyptian officials and the IMF's managing director have led various political forces to question the economic prog
better exert its political influence over the region. In 1997, China and Egypt concluded an agreement that did not end up coming into effect under Mubarak. According to the agreement, a Chinese- Egyptian common industrial zone would be established in the Suez, which would later have been developed into
ituent Assembly. Cairo realizes that there are still unsettled affairs between Egypt and Iran, most importantly regarding Iran's relations with the Arab Gulf countries and its support of the Syrian regime against dissidents there, notably Syria's Muslim Brotherhood. Concerning Iran's relations with the A
olicymakers. The Gulf monarchies were shocked that the United States "abandoned" Egyptian President Hosni HOUSE_OVERSIGHT_029804 --- PAGE BREAK --- Mubarak in his time of need in early 2011. Their leaders expected the United States to push for Mubarak and the Egyptian military to crack down on public pro
Page: HOUSE_OVERSIGHT_029805 →n the region at the same time as they supported it in backroom dealings, quietly authorizing facilities support and air, land, and sea access. But if Arab Gulf states were quietly supportive in the past, their opposition to American military force is likely to grow in the future. They read the aftermath of t
Page: HOUSE_OVERSIGHT_029805 →will prove much more challenging. Post-revolution fiscal troubles started with the present FY 2011- 2012 budget — the first one put together after Mubarak was EFTA_R1_02203696 EFTA02720384 overthrown. Its estimated funding gap was $23 billion — about 10 percent of Egypt's gross domestic product — a
te debt. Desperate for cash, the government issued "diaspora bonds" last March in an attempt to tap into the savings of the Egyptian expats in the Arab Gulf region. Though no official figures have been released, proceeds from the sales so far seem to fall very short of the $2 billion the government had
Entities connected to both Hosni Mubarak and Arab Gulf

Barack Obama
PERSON
Bashar al-Assad
PERSON
Cairo
LOCATION
George W. Bush
PERSON
Benjamin Netanyahu
PERSON
United States
LOCATION
Lebanon
LOCATION
Tunisia
LOCATION
Tehran
LOCATION
Yemen
LOCATION
Bill Clinton
PERSON
Terje Rod-Larsen
PERSON
Damascus
LOCATION
Saddam Hussein
PERSON
Middle East
LOCATION
Marc Rich
PERSON
Fatah
ORGANIZATION
Bahrain
LOCATIONSinai
LOCATION
Vladimir Putin
PERSON