Egypt economy – Page 2 – The North Africa Journal

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Egypt Draws a Red Line on Nile Rights in GERD Dispute

Egypt is insisting that Nile water security is an uncompromising national priority, with the country’s leadership rejecting any attempts at political bargaining on its access to the river. The latest remarks, delivered by Egyptian Prime Minister Mostafa Madbouly at...

Egypt’s Fuel Price Hike Deepens Economic Strain Amid IMF Reforms

Egypt has raised domestic fuel prices sharply as part of a multi-faceted effort to stabilize the country's economy amidst persistent fiscal pressure and regional turbulence. Effective October 17, 2025, all grades of gasoline, diesel, and compressed natural gas used in...

Egypt: Challenged Energy Sector Faces Another Brutal Summer

Egypt faces a deepening energy crisis as natural gas production crashes 39%, forcing a return to costly LNG imports and the unpopular decision to use polluting fuel oil. With multinationals like Chevron exiting failed exploration blocks and summer blackouts looming,...

U.S. Trade Policy Is Accelerating China–North Africa Economic and Defense Engagement

U.S. trade tariffs are accelerating China’s push into developing economies, with North Africa emerging as a key frontier. From a $265 million phosphate plant in Egypt to multi-billion-dollar industrial agreements in Algeria and renewed commercial diplomacy in Libya,...

Syria’s New Ruler Faces Jihadist Rebellion and Internal Strife

Ahmed Al-Charaa, once a top jihadist leader, now rules Syria after toppling Bashar al-Assad. But his grip on power is fragile. While rebranding himself as a moderate, he faces opposition from the Islamic State, which sees him as an apostate, and from former allies who...

Could Syria Avoid a Repeat of the Libyan Disaster: Opinion by Arezki Daoud

By Arezki Daoud: What is happening in Syria cannot leave us insensitive to the plight of the Syrian people, who have endured decades of abuse from the Assad family and its cronies. From the father Hafad al-Assad to his son Bachar al-Assad, the Syrian people...

Egypt’s Fuel Price Hike Deepens Economic Strain Amid IMF Reforms

Egypt has raised fuel prices for the second time this year, increasing gasoline, diesel, and CNG rates by up to 13% as part of IMF-backed reforms to reduce subsidies and stabilize public finances. The move, effective October 17, is expected to ripple across transport, food, and manufacturing sectors as inflation remains stubbornly above 11%.