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Vol 67 No 1

Published 9th January 2026


Egypt

Would-be Pharoah builds big at the pyramids

Economic woes threaten to collapse President Abdel Fattah el Sisi’s new castles built on sand

Egypt is mired in geopolitical crises and financial deficits – underwritten by Gulf states that increasingly want to turn a profit for their dollars from an economy that is failing to deliver the revenues President Abdel Fattah el Sisi needs to finance his huge ambitions, or to meet many of the needs of its 100-million-plus population.

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