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النسخة العربية
  • Politics
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  • Egyptian economy
Eduardo Ramon

Moving from crisis to hope: Egypt’s economy in 2025

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

Marcelle Nasr 04, Jan 2025
Egyptian Prime Minister Mostafa Madbouly and Director of the International Monetary Fund, Kristalina Georgieva, during a joint press conference, in the New Administrative Capital, east of Cairo, November 3, 2024. Reuters

New IMF review points to Egypt's progress—with some caveats

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

Marcelle Nasr 29, Nov 2024
Egypt's president wants the country to become a shipbuilding power once again. That will be easier said than done. Eduardo Ramon

Watertight? Doubts over Egypt’s shipbuilding expansion plans

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?

Marcelle Nasr 21, Aug 2024
Egypt has successfully leveraged its role as a key player in resolving the Gaza conflict to get the foreign assistance it needs to rescue its economy. Ewan White

Egypt’s long road to recovery: Who wins and who must wait?

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

Alaa Shahine Salha 12, Apr 2024
Director General of the International Monetary Fund, Kristalina Georgieva, while attending the World Government Summit session in Dubai on February 12, 2024. EPA

International efforts to rescue Egypt's economy intensify

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

Marcelle Nasr 15, Feb 2024
After a major governmental push to develop the country's pharmaceutical industry, the sector is now a major contributor to the national economy. Barbara Gibson

Treating Egypt to a bright future: How a push to localise drug production has paid off

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

Marcelle Nasr 08, Feb 2024
A supporter of Egyptian President Abdel Fattah el-Sisi reacts after the presidential election results in Cairo, Egypt, on December 18, 2023. Reuters

A look at Egypt's pressing priorities as el-Sisi secures third presidential term

El-Sisi faces a number of challenges on the road. These include the current war in Gaza, threats to Egypt's share in the water of the Nile River, rising inflation and high birth rates.

Amr Emam 20, Dec 2023
Kuwait Towers, Kuwait. Shutterstock

Why privatisation is vital for the Arab world

Economic reform is key to the future of a region which needs to diversify away from dependency on oil, or a reliance on international funding. There has been both resistance and progress so far.

Amer Ziab Al-Tamimi 30, Oct 2023
Egypt, the world's second-largest IMF borrower, has dug itself a hole. Meanwhile, Egyptian citizens are the ones trying to scramble out of it. Aliaa Aboukhaddour

‘International Misery Fund’: Egypt struggles not to fall into IMF debt hole

Egypt, the world's second-largest IMF borrower, has managed to reach several agreements, yet failed to achieve reform goals in the process. Now, Egyptians are bearing the brunt.

Marcelle Nasr 10, Oct 2023
There is a new way for foreigners to become Egyptians, if they have enough money. It also comes with a political price for an indebted government grappling with debt. Matthew Holland

Decision to sell citizenship stokes controversy in Egypt

There is a new way for foreigners to become Egyptians, if they have enough money. It also comes with a political price for an indebted government grappling with debt

Marcelle Nasr 17, Apr 2023
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Lina Jaradat
Politics

US-Houthi ceasefire fuels Israeli fears of an Iran deal

09 May 2025

The Yemeni militant group is proving to be a stubborn adversary, and Trump doesn't want anything to detract from his visit to the Gulf next week, where he plans to make a 'big' announcement

Michael Horowitz
Sara Padovan
Business & Economy

A new economic order is emerging, and tariffs play no part in it

07 May 2025

China has been quietly working to rewrite the rules of global trade and finds itself in a strong position in the current trade war launched by Washington. A look around the world shows why.

Shirley Ze Yu
Ewan White
Politics

Why Libya isn't the right model for Iran’s nuclear climbdown

08 May 2025

Israel wants the total dismantlement and scrapping of all Iranian nuclear facilities, just like in Libya two decades ago. That is unrealistic for several reasons.

Ramzy Ezzeldin Ramzy
Rahaf Saad, a Palestinian girl who lost her legs in an Israeli air strike. REUTERS
Culture & Social Affairs

Missing limbs and broken dreams: Gaza's generation of child amputees

03 May 2025

Israel's war on Gaza has created the "largest cohort of child amputees in modern history". On the ground, Al Majalla speaks to affected families.

Houssam Marouf
Opinion

Trump's 'unforced errors' could accelerate America's decline

06 May 2025

If history is any judge, Trump's tariffs and damaging actions towards US allies could speed up the emergence of a multipolar world, much like George W. Bush's invasion of Iraq

Christopher Phillips

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OPINIONS

Leo XIV: Habemus Papam, we have a pope!

Con Coughlin
Con Coughlin

US-Houthi ceasefire fuels Israeli fears of an Iran deal

Michael Horowitz
Michael Horowitz

Neo-Umayyadists need a reality check

Houssam Itani
Houssam Itani

Libya is at its lowest point since 2020

Ben Fishman
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