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  • Egyptian economy

Al Majalla

Egypt’s economy: 2025 tests and 2026 bets

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?

Marcelle Nasr 10 January 2026
Axel Rangel Garcia

Egyptians cut back on expenses, but not on their coffee

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

Marcelle Nasr 15 September 2025
Egyptian Foreign Minister Badr Abdel Aty (R) receives Iranian Foreign Minister Abbas Araghchi in Cairo, Egypt, on 2 June 2025. Reuters

No matter who wins the Israel-Iran war, Egypt stands to lose

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.

Amr Emam 17 June 2025
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 January 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 November 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 August 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 April 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 February 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 February 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 December 2023
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Politics

Change is coming in Iran

09 January 2026

Khamenei has struck a defiant tone amid growing protests against his regime, but a series of regional setbacks, coupled with an emboldened Trump, could finally bring it down

Arash Azizi
Forces that seized control of the Second Military Region Command on the outskirts of Al Mukalla, the capital of Hadramout, on 3 January 2026. AFP
Politics

Saudi Arabia's red line in Yemen explained

08 January 2026

Overcoming Yemen's fragmentation requires more support for the Riyadh-led path—one that rejects secession, all militias and institutionalises the state

Abdullah F. Alrebh
Al Majalla
Politics

5 unanswered questions about Trump’s Venezuela plan

06 January 2026

Maduro's exit doesn't mean the end of his government

Ravi Agrawal
Buses wait to enter the Sheikh Maqsoud neighbourhood to evacuate US-backed Kurdish-led Syrian Democratic Forces (SDF) force fighters from two districts of the city of Aleppo, northern Syria, on 9 January 2026. Bakr ALkasem / AFP
Politics

Clashes in Aleppo may be the creaking before the earthquake

10 January 2026

If fighting spreads beyond the predominantly Kurdish neighbourhoods of Ashrafieh and Sheikh Maqsoud and beyond Aleppo, there is a real risk that Syria could be dragged into a new civil war

Omer Onhon
Al Majalla
Documents & Memoirs

Putin foreshadowed the Ukraine war in 2008 meeting with Bush

06 January 2026

Recently declassified meeting minutes between the two leaders show how Washington was well aware of Moscow's grievances over NATO expansion, but went ahead anyway

Samer Elias

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OPINIONS

Two remarkable stage productions at Riyadh Season

Asmahan Al-Sha’abouni
Asmahan Al-Sha’abouni

Egypt steps up its balancing act amid Yemen rift

Amr Emam
Amr Emam

What next for Syria after tenuous Aleppo ceasefire?

Haid Haid
Haid Haid

Clashes in Aleppo may be the creaking before the earthquake

Omer Onhon
Omer Onhon
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