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Egypt

Egypt

Population: 107.3m
GDP: $380.04bn
Debt: 86.17% of GDP (2024)

news from Egypt

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Found 180 articles.

Displaying 61-70 out of 180 results.

Mote and beemer

Egypt’s Customs Department has unilaterally raised the price of imported BMW vehicles by 18% in a move that appears intended to favour local car factories owned by the...


Attacks bring 'state of war'

A new phase of Islamist violence and brutal retaliation by the regime shakes Egypt to the core

The modest security gains which President Abdel Fatah el Sisi's military regime could claim have all but dissolved in a deluge of violence initiated by Islamists and unmatched...


Taxing tensions

The government’s promises of tax-free investment sit ill with a Finance Ministry desperate to increase revenue

President Abdel Fatah el Sisi has thrown his weight behind a campaign to launch a strong economic recovery by attracting billions of dollars of private investment. This includes...


Crashing car barriers

A new free trade regime threatens car-makers. Some are trying to keep global competition at bay

This month, Mercedes-Benz became the first of several major motor-manufacturers which are expected to halt assembly work in Egypt. Under the country's trade treaty with the European Union,...


Opening the black box of Egypt's slush funds

Investigators chase $9.4 billion siphoned into secret accounts – police accused of stealing records disclosing own corrupt funds, Finance Ministry uses accounting trick to bury the bodies

One sunny day last March, Egyptian government auditors walked past the concrete barricades surrounding the Ministry of Interior (MOI), which oversees the country's non-military security services. There, they...

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Grand union on show

The new tripartite accord over the US$4.8 billion Grand Ethiopian Renaissance Dam may not provide the resolution to arguments over the use of the Nile waters that the...


Sinai militants rebrand

The army is claiming major success against Islamists in the peninsula but the newest affiliate of IS may be doing better than Cairo claims

Sinai's leading jihadist organisation, Ansar Beit el Makdis, publicly declared its affiliation to the 'Islamic State' (IS/Da'ish) and its 'Caliph' Abu Bakr al Baghdadi, last November and now...


El Sisi consolidates

The President will try to firm up his power through the election of a compliant Parliament and a probable economic upturn

The much delayed parliamentary elections are likely to go ahead during February and March, over three rounds, although the timetable could slip further. The single-chamber Parliament will have...


Calling all investors

Multinationals are starting to see Egypt’s potential as a strategic hub but there few signs of a major revival in foreign interest

Egypt is taking halting steps towards dismantling obstacles in the way of attracting foreign investment, However, it looks as though it will continue to be dependent on support...


Displaying 61-70 out of 180 results.