Egypt economy

MEA RISK’s SHIELD & ALERT notifications: Access requires installing Shield & Alert mobile application. More info on S&A here or click here to signup and install

Egypt Moves to Shore Up Somalia as Regional Alignments Shift in the Horn of Africa$

Cairo has significantly intensified its military involvement in Somalia, driven by mounting anxieties over regional power dynamics in the Horn of Africa. This escalation follows Israel’s late‑December 2025 recognition of Somaliland, a territory that broke away from...

U.S. Immigration Policy and the Changing Landscape of Africa-U.S. Travel$

As the United States prepares to implement a new round of immigration and visa policy changes in 2026, the effects are being felt across Africa and parts of the Middle East. What began as a technical overhaul of screening and enforcement procedures has evolved into a...

Migration: 17 Migrants, Mostly Egyptians, Lost at Sea on the Road to Greece$

Fourteen Egyptians have been confirmed dead after an irregular migrant boat capsized on the way to Greece, the latest in a long line of disasters on one of the world’s deadliest migration routes. Greek and Egyptian officials say dozens of people were on board the...

Egypt’s Red Sea Crisis Intersects with U.S. Trade Strategy in Global Infrastructure Rivalry$

Egypt’s foreign minister warned last week that Houthi attacks on commercial shipping in the Red Sea have cost the country more than $9 billion in lost Suez Canal revenue, an economic blow now tied to broader U.S.-led efforts to reshape global trade routes. Speaking in...

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: Suez Canal traffic resumes after broken down tanker tugged awayF

Egypt deployed three tugboats Sunday to tow away an oil tanker that had broken down and caused brief delays in the Suez Canal, authorities in charge of the vital waterway said. Traffic in both directions returned to normal after a brief disruption when the...

Egypt: Cargo ship briefly grounded in Egypt’s Suez CanalF

A cargo ship ran aground Thursday in Egypt's Suez Canal before it was quickly refloated without interrupting traffic, the authority in charge of the vital waterway said. The Hong Kong-flagged Xin Hai Tong 23 bulk carrier was refloated after "a sudden malfunction of...

Egypt: Generosity brings people together in Egypt amid Ramadan’s soaring food pricesF

By Bahira Amin: In a time of dire economic trouble, Egyptians are holding fast to the Ramadan tradition of charity, with both donors and those in need pinning hopes on holiday generosity. Families have buckled under the weight of inflation, which hit 32.9 percent in...

Egypt to sell citizenship for money to compensate for bankrupt economyF

Egypt announced Wednesday it is offering citizenship to foreign investors willing to spend at least $250,000 in the country, as it struggles to fill its depleted coffers. According to state newspaper Al-Ahram, a decision by Prime Minister Mostafa Madbouli published in...

Egypt: After wishing each other a happy new year, Egyptians see price hikes that will make 2024 not such a happy yearF

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.