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Egypt

Egypt

Population: 97.55 mn.
GDP: $235.37 bn.
Debt: $82.89 bn.

news from Egypt

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Found 156 articles.

Displaying 1-10 out of 156 results.

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...


Sisi seeks security

Facing little opposition at home, the President is keen to boost his standing as a regional player

With no elections on the horizon, a dominant President Abdel Fattah el Sisi has no pressing reasons to make major changes to his government line-up. He will need to resolve the hea...


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Dam solidarity in North Africa

The UN Security Council is likely to reject an effort by Tunisia to persuade it to intervene in the increasingly bitter regional dispute over Ethiopia's mega-dam 

In a rare outbreak of north African solidarity, Tunisia has called on the United Nations Security Council to finalise a binding agreement between Ethiopia, Sudan and Egypt on the o...

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Frosty formality

The US administration is pressuring Egypt over human rights, but maintains its arms sales

President Joe Biden has been in no rush to engage with the Egyptian authorities nor with other Middle Eastern leaders who had gained Donald Trump's favour. This is partly because t...


Building the house of Sisi

Cairo is pressing ahead with an extravagant new capital city as it adjusts to the region’s changing geopolitics

Egypt's government will talk up its economy in 2021, trumpeting the opening of a vast museum in Giza housing Tutankhamun's skeleton and death mask, and the transfer of government t...


The pride of lions

The obstacles to agreement over managing the Blue Nile dam are more about internal politics than technical issues

The positions of Egypt and Ethiopia over the Grand Ethiopian Renaissance Dam seemed as far apart as their respective capital cities as officials began another round of video-confer...

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The big borrow

Cairo has lined up external credit worth $15bn to help it deal with Covid-19, but the debt will be sustainable only if there is a rapid recovery

The first hard indication of the extent of the damage inflicted by the coronavirus pandemic on Egypt’s finances came in early April, when the central bank released data showi...


Army steps up role

Egypt has been one of countries most severely affected in Africa, with cases approaching 1,000 and deaths nearing 50 as March came to an end. The first cases were linked with a Nil...


Cairo and Addis split over dam

Ethiopia has pulled out of US-hosted talks on the Blue Nile project as bitterness and mistrust grow

Ethiopia is courting regional states and the African Union to bolster its diplomatic position after pulling out of United States-mediated talks on the filling and operations of the...


That dam problem

The tortuous negotiations between Addis Ababa and Cairo over the building and filling of the Grand Ethiopian Renaissance Dam have lurched into an acrimonious finale. Ethiopia's For...


Displaying 1-10 out of 156 results.