Egyptian economy

In a bid to contain rising energy prices and mounting pressure on the pound, Cairo is implementing swift austerity measures

Debt is colossal but there are promising indicators, not least in inflation, legal reforms, the sale of government assets, and monetary stability. Will these green shoots be allowed to grow and bloom?

Despite a fumbling economy, the quaint Egyptian café has never been busier. Their success is part of a much wider story.

If Israel wins, it will likely move ahead with implementing its plan to push Palestinians out of Gaza, which could lead to a war with Egypt. If Iran wins, its proxies could further divide the region.

After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first

There are positives within the latest review of Cairo's progress toward a further $1.3bn financial lifeline, but they come amid deepening economic problems at home, where the cost of living is rising

Cairo wants to regenerate its shipbuilding capabilities to boost its maritime fleet, but experts say this is a long-term plan requiring lots of investment. Can Egypt hope to compete?

Many regional and international stakeholders believe that the cost of rescuing Egypt's economy pales in comparison to the steep price everyone might pay if it were to descend into chaos

A bigger IMF loan agreement and more support from the EU is expected as Cairo gets help from its allies to offset the impact of the Gaza war, amid hope among experts for fewer conditions

After a major governmental push to develop the country's pharmaceutical industry, the sector is now a major contributor to the national economy