This week on Babel, Jon Alterman speaks with Hafsa Halawa of the Middle East Institute and author of a new paper entitled Gulf Investment in Egypt, A Balance of Mutual Need. They talk about the economic crisis that has plagued Egypt, shedding light on the factors that have contributed to its tumultuous state, the recent International Monetary Fund's (IMF) loan, Egypt's military's economic involvement, and the changing face of Gulf financial support. Later, Jon continues the conversation with Will Todman and Lubna Yousef, as they examine United States - Egypt policy and what an Egypt crisis means for the entire region. 

Hafsa Halawa, "Gulf Investment in Egypt: A Balance of Mutual Need," Carnegie, May 8, 2023.

Babel, "COP 27 Preview: Electrifying the Middle East with Ali al-Saffar," CSIS, November 1, 2022.

Transcript, "Hafsa Halawa: Egypt's Economic Turmoil," CSIS, May 16, 2023.