For decades, Egypt has long been the military powerhouse in Africa, and its armored divisions are some of the most impressive in the world. With an impressive force of over 3,600 tanks in service ...

The fund forecast that Egypt's external debt would rise from $162.7 billion in 2024/25 to $202 billion by 2029/30. Public debt overall "poses a high risk of sovereign stress", it said, urging ...

Egypt was the first Arab country to sign a peace treaty with Israel and in exchange also receives U.S. military aid which totals $1.3 billion a year.

More than a dozen Senate Democrats are slamming President Biden for releasing $320 million in U.S. military assistance to Egypt despite what they call serious human rights concerns over the governm… ...

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 ...

Egypt is actively preparing its military for the possibility of war with Israel. For instance, in May of this year, Egypt finalized a deal to acquire 30 advanced French Rafale fighter jets.

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the fund said, citing the public sector's continued dominance of the economy ...