“Chicken feet are good for you…” The Egyptian pound traded Wednesday at half its value from March after the central bank intervened for a third time as part of an International Monetary Fund loan agreement. The devaluation, representing a drop of around 50 percent...
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Egypt starts the year with a disastrous economic environment and social tension
By Mona Salem and Sarah Benhaida: Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But for many a money-saving tip from a state body has been the last straw. As families have struggled to purchase household...
Egypt: Suez Canal chief seeks to dispel fears over draft Egypt law
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 system
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...
Egypt: Decade after anti-regime protests, General Sisi neutralized opposition, killed democracy
The Muslim Brotherhood's existential fight: can it manage a comeback? The Arab Spring a decade ago gave Egypt's Muslim...
Egypt: Saudi Arabia allows Egypt to restore relations with Qatar
Egypt and Qatar agreed Wednesday to restore diplomatic relations, Egypt's foreign ministry said, after a...
Egypt: first commercial flight from Qatar to Egypt in three and a half years
The first direct flights since 2017 between Qatar and its former rivals Egypt and the UAE took to the skies on Monday,...
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