News

The European Union has announced an $8 billion aid package for Egypt to alleviate economic pressures and address concerns about increased migration, officials say.
Jon Alterman speaks with Hafsa Halawa about the economic crisis that has plagued Egypt, shedding light on the factors that have contributed to its tumultuous state, the effect of its IMF loans, and ...
International lenders have pumped tens of billions of dollars into Egypt’s faltering economy amid the war in the Gaza Strip, but experts say the country’s economic crisis is not yet resolved.
Egypt has also tried to expand economic ties with countries including China and India, expressing hope that its recent accession to the BRICS club will draw increased investment flows.
Inflation is spiking in Egypt, and regular Egyptians are paying the price. Even a bowl of koshary, the beloved staple, is too costly for some.
Egypt's economy has faced a series of challenges, including soaring inflation rates and currency devaluation, but through strategic partnerships like its BRICS+ membership, the country is ...
The Egypt Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Egypt.
The International Monetary Fund said on Thursday it had agreed with Egypt on the key policy components of an economic reform programme, in a further sign that a final deal to augment the country's ...
Egypt is making significant strides towards economic growth and development, capturing the attention of global observers.
Last year alone, Gulf states pledged $22 billion to Egypt as it faced an economic crisis caused partly by the fallout from the Ukraine war, Reuters reported. ‘Too important to fail’ ...
The International Monetary Fund’s new USD$3 billion loan agreement with Egypt largely continues an economic approach that leaves the economic rights of millions unprotected.
The economic woes have been exacerbated by a largely struggling private sector. Purchasing Manager Index (PMI) surveys show that Egypt’s non-oil and gas private sector has been in contraction for 63 ...