Egypt's economy stabilises, but poverty challenges persist
Briefly

Egypt's economy stabilises, but poverty challenges persist
"Egypt found itself back on the international front pages in the second half of this year. The country played host to the Sharm el-Sheikh conference in October when US President Donald Trump rallied global and regional powers alike behind his ceasefire plan for the Gaza Strip. Shortly after, in November, Cairo invited world leaders to attend the spectacular opening of the new Grand Egyptian Museum next to the pyramids."
"The elections have been dominated by a coalition of pro-government parties running unopposed for the party list seats, which are half of the parliamentary seats being voted for. Individual candidates can run for the other half of the seats in contention, but those seats are difficult to win for candidates without the necessary financial resources and connections. Critics, therefore, believe that the race is essentially only between loyalists to President Abdel Fattah el-Sisi,"
Investment and high-profile events have helped boost Egypt's economy, while persistent rural poverty shows that recovery benefits are unevenly distributed. Egypt hosted the Sharm el-Sheikh conference in October, where US President Donald Trump pushed a Gaza ceasefire plan, and in November opened the Grand Egyptian Museum near the pyramids for world leaders. Parliamentary elections held a first round in November with runoffs planned for December. A coalition of pro-government parties ran unopposed on party-list seats, while individual candidates face high financial and connection barriers. Human rights groups describe chronic and severe restrictions on meaningful political participation. Voter interest and visible campaign activity remain low.
Read at www.aljazeera.com
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