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

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 Bomb

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 reconciliation

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: One killed, six arrested in gun battle on Egypt-Israel border

A gunfire broke out near Nitzana, Israel, along the border crossing separating Egypt and Israel. The incident, which involved more than a dozen people, resulted in the death of one person. Six people were arrested. The Egyptian authorities insist that the incident was...

Third aid convoy enters Gaza via Egypt border crossing

An aid convoy entered the besieged Gaza Strip on Monday via the Rafah border crossing, AFP correspondents on the Egyptian and Palestinian sides said, the third since war erupted on October 7. More than a dozen lorries crossed Rafah, the correspondents said, adding to...

Israel-Gaza conflicts bleeds into Egypt, policeman kills two Israeli tourists and their guide in Alexandria

An Egyptian policeman shot dead two Israeli tourists and their Egyptian guide Sunday, local media and Israeli authorities said, as war raged for a second day between Israel and Palestinian militants. Israel's National Security Council later said its citizens should...

Egypt: Backers of opposition candidate for the presidential election arrested

Egyptian presidential hopeful Ahmed al-Tantawi on Monday said eight of his supporters had been arrested, bringing the total number of his backers in detention to 96. Egypt announced last month that it would be holding its presidential election on December 10-12, with...

Egypt: US Senator Ben Cardin withholds $235 mil. in US aid to Egypt over human rights issues

The new top US senator on foreign relations on Tuesday blocked some $235 million in military aid to Egypt over human rights concerns, after his predecessor was indicted in a scandal that touched on ties with Cairo. Ben Cardin, chairman of the Senate Foreign Relations...

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