EGYPT

 

New Egyptian Government Faces Daunting Energy Challenge

 

Muhammad Mursi, due to be sworn in as Egypt’s first democratically elected president in over 60 years, has the massive task of steadying a faltering economy amid extremely uncertain political circumstances. The energy sector is on the frontline of Egypt’s revolution, requiring urgent attention to both wean the economy off subsidies and address faltering investment, sources tell MEES editors.

 

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