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A man walks past a bread stand at a street corner in central Cairo April 11, 2013. (REUTERS/Asmaa Waguih)

Opinion: The Egyptian Treasury and the Specter of Bankruptcy

by Adel Al Toraifi | May 8, 2013 | Opinion

There were two worrying pieces of news from Egypt this week. One was the reshuffling of Prime Minister Hisham Qandil’s cabinet based on partisan calculations, rather than competencies as was initially hoped. The second piece of news was the report that Egypt’s...

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Middle-east Arab News Opinion | Asharq Al-awsat

Opinion: The Egyptian Treasury and the Specter of Bankruptcy

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