Shield and Alert: Egypt Bound

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

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...
Read More

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

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....
Read More

JPMorgan de-lists Egypt from its Emerging Market Bond Index (S)F

Read More

Egypt: After wishing each other a happy new year, Egyptians see price hikes that will make 2024 not such a happy yearF

Immediately after “winning” a third term at the end of December 2023, President Abdelfattah Al-Sisi ordered the “progressive” dismantling of the so-called subsidies. Overnight, as the calendar shifted to 2024, the prices of electricity increased by as much as 26%. As you would expect many other products followed immediately, such as the prices for accessing the Internet up 33%, the price of Cairo metro ticket up by 20%. And that’s just the beginning. In the coming weeks and months, check out the prices of food and basic commodities soaring again, as the Egyptian Pound likely to lose more value.

Read More
Egypt’s Demographic Time BombF

Egypt’s Demographic Time BombF

Jun 24, 2024

This month of June 2024, the Egyptian population reached the record number 106.4 million people. Egyptians added...

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.