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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...

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...
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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...
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Egypt’s economy hit hard by Houthis’ attacks on commercial vessels in the Red Sea

The US and the UK hitting Houthi targets in Yemen is largely the result of a sense of panic taking place in commercial and business circles. The Houthis have clearly identified that there is a choke point that they can squeeze even more to get their positions heard....
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Six more years: Egypt’s al-Sisi gets “reelected” with “nearly 90%” of the vote as the economy faces freefall

Egypt's President Abdel Fattah al-Sisi has won a third term with 89.6 percent of the vote in the Arab world's most populous nation, the national election authority said Monday. The outcome of the December 10-12 poll was widely expected after the former army chief with...
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