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Egypt Gets Massive Injections of Cash, but Outlook is Still ShakyF

By Arezki Daoud | LinkedIn | Egypt has many powerful allies, including those in the global financial sector. No one wants to see it collapse, so money is flowing in a-go-go. Despite a dismal economic performance, global rating agencies, which acknowledge that Egypt is...

Egypt’s Demographic Time BombF

This month of June 2024, the Egyptian population reached the record number 106.4 million people. Egyptians added 126,000 babies in just one month. Dividing this by 30 days, fetches 4,200 babies per day. The Egyptian government does not like this trend because this...

War in Gaza forces former Middle East foes to seek reconciliationF

By Mondafrique: The war in Gaza is forcing feuding States in the Middle East and in the Gulf to seek the path of reconciliations. Faced with President Biden’s inability to impose a red line on Israeli Prime Minister Binyamin Netanyahu, the four most influential...

Egypt and Turkey seek better ties, appoint envoys after a decade of tensionF

Egypt and Turkey said Tuesday they had appointed ambassadors to each others' countries for the first time in a decade, in the latest sign of warming ties. Cairo and Ankara both issued statements announcing "the upgrading of diplomatic relations between them to the...

How Egypt’s road infrastructure investments are ruinous and destructiveF

Photo by Mostnir Shady Ahmed: In the decade since President Abdel Fattah al-Sisi seized power, Egypt has built dozens of motorways that zigzag across Cairo -- crushing entire neighbourhoods, precious green spaces and historic gravesites. The administration of Sisi, a...

Egypt: India’s Prime Minister visits EgyptF

Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on Sunday on a rare visit during which both sides pledged to deepen their strategic partnership. They agreed to boost investment by India, the world's most populous nation, in...

Egypt: Another building collapses in AlexandriaF

On Monday, June 26, 2023, a 13-story building in the El-Montazah district, Sidi Bishr area of Alexandria collapsed, causing significant damage. The building, which was condemned by the authorities, may have been used as hotel structure but details remain sketchy. So...

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