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النسخة العربية
  • Politics
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  • inflation

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
A customer receives the new $5 ZiG, short for Zimbabwe Gold, coins as change from a cashier in a leading supermarket in Harare on April 30, 2024. Jekesai NJIKIZANA / AFP

Perception and price inflation: two sides of the same coin

Psychology shapes economic behaviour, with effects as wide-ranging as a run on a bank to a long-term investment. Today, the value of money rests as much on public belief as on policy.

Abdel-Rahman Ayas 06 October 2025
Emergency workers check the damage caused to a building from an Iranian missile strike in Beersheba in southern Israel on June 24, 2025. John Wessels / AFP

Counting the cost of the Israel-Iran war

The recent Israel-Iran war is not just a regional flashpoint; it is a mirror reflecting the fragility and interdependence of the modern global economy

Abdel-Rahman Ayas 25 June 2025
Former Tunisian Minister of Finance, Siham Al-Boughdiri Namsia, presents the state’s general budget for 2022, Tunisia, December 28, 2021.
 AFP

Tunisia's 'IMF shadow' disappears with Nemsia's sacking

The unexplained dismissal of the finance minister leaves more questions than answers as the highly indebted country seeks to avoid a 2025 default

Kawthar Zantour 26 February 2025
Parents who can afford it are increasingly forking out money for private lessons for their children to compensate for Egypt's deteriorating education system. Eduardo Ramon

Quality education falls out of reach for many Egyptians

With record increases in tuition fees at all levels, good schooling is becoming something only the rich can afford as the effects of the country's economic liberalisation reverberate

Marcelle Nasr 23 September 2024
Diana Estefanía Rubio

Cooling inflation restores confidence and motivates interest rate cuts

After a period of rapid price rises and surging interest rates, most of the world’s major central banks are now sufficiently confident about the trajectory of inflation to start bringing interest…

Al Majalla - London 10 September 2024
Shutterstock

America’s economy has escaped a hard landing

But there are still pitfalls ahead

The Economist 23 April 2024
Javier Milei has gone from renegade candidate to radical president. He must use his charisma to overcome major challenges and deliver for his coalition of supporters. Axel Rangel Garcia

Javier Milei: Argentina's radical outsider-turned-president

The outspoken outsider has gone from renegade candidate to radical president. He must use his charisma to overcome major challenges and deliver for his coalition of supporters.

Paul Achkar 07 January 2024
Diana Estafana Rubio

2024 outlook on global inflation remains uncertain

With inflation impacting markets and international interest rates for more than a year, the outlook on inflation remains uncertain. However, the International Monetary Fund (IMF) expects most…

Al Majalla - London 03 January 2024
The World Food Programme will have to pull its general assistance for Syria in January, at a time when it is needed in the war-torn country more than ever. Ewan White

Syria crisis compounds as humanitarian aid runs out

The World Food Programme will have to pull its general assistance for the country in January, at a time when it is needed in the war-torn country more than ever

Joseph Daher 20 December 2023
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IRGC soldiers march during the annual military parade marking the anniversary of the outbreak of the devastating 1980-1988 war with Saddam Hussein's Iraq, in the capital Tehran on 22 September, 2018. AFP
Politics

The US-Iran war could empower the IRGC

09 March 2026

When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response

Alex Vatanka
A picture of Iran's new supreme leader, Mojtaba Khamenei, displayed on a screen in Tehran, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, on 9 March 2026. Majid Asgaripour / Reuters
Politics

Iran’s defiant regime picks a new supreme leader

09 March 2026

The appointment suggests the Revolutionary Guards have the upper hand

The Economist
Iran's President Masoud Pezeshkian is greeted by Egypt's President Abdel Fattah el-Sisi during the D-8 summit in Cairo, Egypt, on 19 December 2024. AFP
Politics

Egypt fears an unrestrained Israel if Iran collapses

06 March 2026

Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.

Amr Emam
A boy plays with his sheep next to an unexploded missile that landed in an open field on the outskirts of Qamishli, eastern Syria, on 5 March 2026. DELIL SOULEIMAN / AFP
Business & Economy

Syria may escape war but not its economic fallout

08 March 2026

Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.

Haid Haid
The displaced Palestinian Abu Mustafa family sits together as they break the dawn-to-dusk Ramadan fast during Iftar in the Nuseirat refugee camp in the central Gaza Strip on 26 February 2026. Photo by EYAD BABA / AFP
Culture & Social Affairs

Ramadan in Gaza: food scarcity compounds suffering

03 March 2026

The iftar table, if it still exists, no longer represents joy, but anxiety and scarcity

Hala Al-Naji

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OPINIONS

The US-Iran war could consolidate China’s energy dominance

Jason Bordoff and Erica Downs
Jason Bordoff and Erica Downs

A protracted Iran war multiplies risks for Trump

Brian Katulis
Brian Katulis

Why regime change in Iran is unlikely

Christopher Phillips
Christopher Phillips

The US-Iran war could empower the IRGC

Alex Vatanka
Alex Vatanka
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