News

Economic Past, Present, and Future Look Grim in Egypt. An overwhelming majority of Egyptians say that current economic conditions in their country are bad (76%), while only 21% say the economy is good ...
Egypt's non-oil private sector experienced a further decline in business conditions in June, with contractions in output and new orders accelerating, according to the latest S&P Global Purchasing ...
Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. The country is suffering a record currency crisis and the worst inflation in five years, making ...
Egypt has always relied on the River Nile for its freshwater but needs new sources to cope with a growing population. Desalinating seawater could be a solution.
These may favor equity over efficiency, even though Egypt needs economic growth to create at least 700,000 jobs a year just to keep its current high unemployment rate stable.
CAIRO -- Four years into a robust economic expansion, this country has shaken off its history of sleepy Arab state socialism and embraced the market. A rush of construction is throwing up office ...
Tough economic times are likely to be Egypt’s reality for a while, despite the announcement that Egypt and the International Monetary Fund have agreed to a much-needed $12 billion loan.
Harnessing U.S. assistance, economic aid, and trade to help Egypt create jobs and put its economy back on track will help further both of these goals—promoting political and social stability ...
AlShaya Group trims Egypt operations due to economic conditions. By Reuters. January 18, 2024 12:10 PM UTC Updated January 18, 2024 CAIRO, Jan 18 (Reuters) - Kuwait's AlShaya Group ...
The Biden administration’s decision to waive all human rights conditions on military assistance to Egypt disregards the country’s long-running human rights crisis and the ongoing repression ...