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Egypt

Egypt

Population: 107.79m
GDP: $347.59bn
Debt: 96.4% of GDP (2024)

news from Egypt

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Found 175 articles.

Displaying 11-20 out of 175 results.

DISPATCHES

Abiy and Sisi agree to restart Nile dam talks

Hopes for a resolution have been raised after the move to finalise agreement on filling and operation of the long-disputed GERD project

Ethiopia and Egypt have agreed to resume talks over the Grand Ethiopian Renaissance Dam (GERD) that Addis Ababa is building on the Blue Nile river with a view to finalising agreeme...

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Cairo's gas export boom hits obstacles

With Europe's sanctions on Russian gas, Cairo has been boosting LNG exports to fill the gap but questions are mounting about sustainability

Increased revenue from exports of liquefied natural gas (LNG) have been a rare bright spot in Egypt's otherwise dismal economic performance over the past two years. The government ...


El Sisi's grip weakens as economic pressures mount

With the economy back in crisis, discontent among civilians and the president's military base is rising

When General Abdel Fattah el Sisi seized power almost ten years ago, he promised to bring security and stability to Egypt, while setting the economy on a sustainable course and rai...


How El Sisi lost the cold war over water

Closer ties between Addis Ababa and Khartoum sideline Cairo's position on the Nile dam

Egypt, a key player in the Nile Basin, is watching with alarm as the recent rapprochement between Sudan and Ethiopia undercuts its leverage over the Grand Ethiopian Renaissance Dam...


Devaluation heads a list of tough changes

A year of weak growth and high inflation lies ahead, following a balance of payments crisis that forced the government to seek IMF assistance

Although the impact of the economic crisis has been softened by financial support from Saudi Arabia, the United Arab Emirates and Qatar in the form of deposits and investment, this...


Showcase fails to quell rights concerns

Behind Egypt's green boosterism lies a fragile economy and a government anxious to keep the lid on dissent

Hosting the UN COP27 summit in the south Sinai resort of Sharm el Sheikh has given President Abdel Fattah el Sisi an opportunity to highlight Egypt's green energy potential, but he...


DISPATCHES

Washington makes symbolic cuts to Cairo's military aid

Despite unease about his authoritarian rule, General El Sisi has got most of his requested military aid and diplomatic access

As the second biggest recipient of United States' military aid after Israel, Egypt remains a strategic priority for Washington despite growing calls from human rights campaigners f...

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Egypt adds to Minusma's misery

Egypt plans to withdraw its combat convoy units from the Mission multidimensionnelle intégrée des Nations unies pour la stabilisation au Mali (Minusma) UN peacekeeping force in Mal...


Back to the IMF…again

Egypt is looking for a bailout for the third time since 2016, as the Ukraine war hits the economy and foreign portfolio investors head for the exit

The unfolding economic damage from Russia's war on Ukraine has again exposed Egypt's vulnerability to rising food and oil prices and the fickle money markets. On 23 March, the Inte...


Displaying 11-20 out of 175 results.