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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 SummerF

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,...

Egypt: Suez Canal chief seeks to dispel fears over draft Egypt lawF

The chairman of Egypt's Suez Canal on Thursday affirmed the waterway is "not for sale", in a bid to allay fears over a draft law under discussion in parliament. On Tuesday the legislature approved in principle a bill proposed by the government seeking to establish a...

Egypt: Lawyers, pharmacists, doctors angry at new electronic invoicing systemF

In a rare public show of protest in Egypt, "thousands of lawyers" staged a demonstration at their union in central Cairo Monday, prominent lawyer Tarek al-Awady said. After a smaller protest was held Thursday, lawyers assembled again in droves Monday to protest a new...

Egyptians expect more hardship as Cairo gets $3 billion loan from IMF. Currency value plunges 17%F

Egypt has clinched a $3 billion loan deal with the International Monetary Fund conditioned on a currency depreciation and state subsidy cuts, the government said Thursday. The Egyptian pound shed 17 percent of its value against the dollar after the staff agreement was...

Egypt: Tanker blocks Suez canalF

An oil tanker briefly became stuck in Egypt's Suez Canal on Wednesday night, officials announced, raising fears that last year's major blockage of the global maritime route could be repeated. The Affinity V "ran aground in the Suez Canal at 19:15" (17:15 GMT)", a...

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