Top Egypt, Turkey diplomats hold first Cairo talks in a decade
Al JazeeraMAY 2023
The Spin
Narrative A
Privatization will be one of the leading methods that Egypt will use to extricate itself from its current economic difficulties. The influx of much-needed capital following the sale of state-owned assets will bolster the economy and demonstrate to the international community that Egypt is more than willing to change how it has operated the economy and ensure domestic stability.
Narrative B
Besides the fact that Egypt is a repressive dictatorship under Abdel Fattah el-Sisi, it's poorly run, and its economic prospects are only going down. Inflation has been raging as food prices skyrocket. Sisi has been making desperate moves to fix the nightmare he has created, such as looking for foreign investment. However, the writing is on the wall: the future of Egypt under Sisi isn't bright, especially given the growing frustration of the Gulf states.