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Live stream: After September 30—will a discount be lost, or will fines begin? Is the real estate declaration merely a tax, or the start of an inventory of real estate assets? Show less.
My appearance three days ago on Egyptian television—specifically the program *Min Maspero*—where I predicted that the US Federal Reserve would raise interest rates by 25 basis points and discussed the impact of this move on gold, "hot money," and the dollar. Indeed, the Federal Reserve did raise rates by 25 basis points, an action that took place yesterday evening.
Outcomes of the BRICS Summit attended by President Sisi – with Dr. Abdel Moneim El-Sayed
View details: Ayten El-Mogi and *Mubasher min Masr* (Live from Egypt): Outcomes of the BRICS summit featuring President Sisi—with Dr. Abdel Moneim El-Sayed.
Egypt at the Heart of the New Global Economy: Dr. Abdel Moneim El-Sayed Reveals the Benefits of Cairo’s Participation in the BRICS Summit
BRICS Summit 2026: Egypt has an opportunity to reshape its position in the global economy. At a time when the global economy is undergoing rapid transformation, marked by energy crises, rising oil prices, geopolitical conflicts, and trade disruptions, the 18th BRICS summit in New Delhi, scheduled for September 12-13, 2026, is expected to be one of the most significant summits in the group's history. The summit is taking place amidst challenging economic conditions, with Brent crude oil exceeding $105 per barrel, coupled with ongoing concerns about energy supplies and navigation in the Strait of Hormuz and the Strait of Malacca. These bottlenecks are impacting global trade, potentially leading to a global oil supply decrease of approximately 5.7 million barrels per day in 2026. This is why BRICS in New Delhi is so significant. It not only discusses the future of cooperation between emerging economies, but also takes place within the broader process of reshaping the global economic system. The increasing importance of energy security, food security, supply chains, finance, and international payments are all key factors. India is hosting the 18th BRICS Summit under the theme of "Building Resilience, Innovation, and Cooperation for Sustainable Development." This theme clearly reflects the priorities of the Indian presidency for 2026, which include building economies that are more resilient to shocks, promoting technology and innovation, expanding cooperation among South Global nations, and supporting sustainable development. This year's summit marks a significant milestone, as it is the 20th BRICS summit since its inception in 2006. BRICS currently consists of 11 countries: Brazil, Russia, India, China, Egypt, South Africa, Ethiopia, Saudi Arabia, the United Arab Emirates, Iran, and Indonesia. These countries represent approximately 49.5% of the world's population, 40% of global GDP, and 26% of global trade, making it a significant demographic, economic, and geopolitical force that cannot be ignored. The group's membership has significantly expanded since January 2024, with the addition of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. Indonesia then joined as the 11th member in January 2025. This expansion has fundamentally altered the nature of BRICS itself. It has evolved from being a group of the four major economies that formed BRICS in its early days, to a broader coalition encompassing economies in Asia, Africa, the Middle East, and Latin America. It now includes major energy importers and exporters, as well as leading industrial and technological powers, and countries with vast natural resources and large consumer markets. Egypt's participation is central to this shift. Egypt is participating in the New Delhi BRICS Summit for the third time, since formally joining BRICS in January 2024. President Abdel Fattah el-Sisi is leading the Egyptian delegation. However, the importance of Egypt's participation should not be measured solely by its continued political presence, but by the economic benefits it can achieve through its membership. For Egypt, BRICS should transition from a political affiliation to a tool for economic growth, investment, and export. Trade between Egypt and the BRICS countries reached $53.5 billion in 2025, compared to $45 billion in 2024. Egyptian exports to the group increased from $9.451 billion to $13.772 billion, representing a growth of approximately 45.7%, while imports rose from $35.549 billion to $39.679 billion. This means that membership in BRICS has already contributed to increased trade with key markets, but it also highlights an underlying structural issue: Egypt's trade deficit with countries within the group remains significant. This implies that the goal is not simply to increase the volume of trade, but to fundamentally reshape it to favor exports, investment, and domestic production. Furthermore, the latest data for the first half of 2026 confirms this trend. Egypt's total trade with BRICS countries increased by 25.5% to $36.7 billion, compared to $29.3 billion in the same period of 2025. However, Egyptian imports rose by 38.1% to $30.1 billion. Therefore, the Egyptian message is clear: we do not want BRI to be a market where we simply import goods from, but rather, we want it to be a base for joint production, investment, and export. This, in particular, is what makes Egypt's geographical location a strategic economic advantage. Egypt possesses the Suez Canal, ports on the Red Sea and the Mediterranean Sea, the Suez Canal Economic Zone, and a large domestic market, as well as trade agreements with Africa, the Arab world, and Europe. This allows it to become a platform for the production and export of goods for Chinese, Indian, and Russian companies, among others. In essence, the model should shift from the current focus on trade between China, India, and Russia, the BRICS members, and Egypt, towards a trend of manufacturing and technology localization with China, India, and Russia, as well as other BRICS countries, with Egypt producing for export to Africa, the Arab world, and Europe. This, undoubtedly, represents the true value of Egypt's membership in BRICS. China is Egypt's largest partner within BRICS, while India has a significant investment and industrial presence in Egypt. There are over 700 Indian companies registered in Egypt, with approximately 70 factories and active companies, representing investments exceeding $5 billion. Russia, in particular, holds exceptional importance at this stage, not only as a trading partner, but also as a partner in energy, food, industry, and strategic projects. It is undeniable that the meeting between President Abdel Fattah el-Sisi and Russian President Vladimir Putin in New Delhi held particular significance. During the meeting, President Sisi affirmed that the volume of trade between Egypt and Russia reaches $10 billion, while Cairo and Moscow continue to align on major projects, most notably the El Alamein nuclear power plant, and the continued supply of grain to Egypt amid the current circumstances and crises, particularly those affecting the Suez Canal.
Dr. Abdel Moneim El-Sayed explains why the Central Bank is requesting an inventory of real estate project loans and the objective behind regulating the real estate market.
BRICS represents a significant economic opportunity for Egypt; Dr. Abdel Moneim El-Sayed explains the bloc's impact on the economy, investments, and trade.
A Real Estate Bubble in Egypt? The Secret Behind Real Estate Sales in West Cairo
View details: A Real Estate Bubble in Egypt? The Secret Behind Real Estate Sales in West Cairo
Cash Support: Protection for the Citizen or a New Risk?
View details: Cash Support: Protection for the Citizen or a New Risk?
The Suez Canal in exchange for debt? Dr. Abdel Moneim El-Sayed clarifies the facts behind Hassan Heikal’s proposal and whether it could resolve the domestic debt crisis.
View details: The Suez Canal in exchange for debt?
Life Today – Dr. Abdel Moneim El-Sayed: The Chinese President came to Egypt, and this is a significant move for him, given that he rarely travels.
View details: Life Today – Dr. Abdel Moneim El-Sayed: The Chinese President came to Egypt, and this is a significant move for him, given that he rarely travels.
Life Today – A special interview with Dr. Abdel Moneim El-Sayed, hosted by Mohamed Mostafa Sherdy.
View details: Life Today – A special interview with Dr. Abdel Moneim El-Sayed, hosted by Mohamed Mostafa Sherdy.Our team of experts is ready to help you analyse economic data and make the right strategic decisions
