Mokhtar Awad on Egypt and its status five years later

Global Business

Mokhtar Awad on Egypt and its status five years later2

The Egyptian stock exchange was shut for weeks after the first revolution and lost half its value. It bounced back, but is now more than 15 percent down so far this year in common with most markets.

The economy grew at more than 5 percent before the 2011 revolution. It didn’t expand by even half that in the years following, but should finish 2016 with nearly 4.5 percent growth. And incomes are rising around $3,200 a year.

CCTV America’s Rachelle Akuffo spoke to Mokhtar Awad. He’s a Research Fellow for George Washington University’s Program on Extremism.

Mokhtar Awad on Egypt and its status five years later

Mokhtar Awad on Egypt and its status five years later

The Egyptian stock exchange was shut for weeks after the first revolution and lost half its value. It bounced back, but is now more than 15 percent down so far this year in common with most markets. The economy grew at more than 5 percent before the 2011 revolution. It didn't expand by even half that in the years following, but should finish 2016 with nearly 4.5 percent growth. And incomes are rising around $3,200 a year. CCTV America's Rachelle Akuffo spoke to Mokhtar Awad. He's a Research Fellow for George Washington University's Program on Extremism.