Maghreb Edition
Cairo, July 17, 2019 – On Wednesday, 17 July, Islamic State militants beheaded four civilians in Sheikh Zuweid, in town in Egypt’s North Sinai after they allegedly collaborated with the Egyptian military. In online statements, the Islamic State group claimed responsibility for the attack and the beheadings.
A conversation with Dr. Kate Schecter, President and CEO of World Neighbors, on how community-led development works in practice across the Global South.
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Egypt joined China’s expanded zero-tariff scheme on 1 May 2026, gaining duty-free access to the Chinese market alongside 52 other African countries with diplomatic ties to Beijing. The move eliminates tariffs that previously ran from 8 to 30 percent on key Egyptian exports, though the arrangement is a two-year preferential window through April 2028 rather than a permanent deal, and non-tariff barriers like rules of origin and phytosanitary standards still apply.
Egypt has fully paid the $6.1 billion in arrears it owed foreign oil and gas partners, ending a multi-year backlog tied to its foreign-currency crunch. With the debt paid down to zero by mid-2026, officials are pairing the settlement with new investment incentives and a push to revive onshore drilling, aiming to reverse years of declining crude output.
North African countries currently rank among the cheapest places in the world to buy gasoline, according to international price data published in late April 2026. The global average pump price for gasoline stood at around $1.49 per liter, while several North African producers were charging less than half that level. Libya, Algeria and Egypt all sit among the most affordable markets globally — though two non-African countries, Venezuela and Iran, rank between Libya and the rest of the African group in the worldwide table.
