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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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Iranian Foreign Minister Javad Zarif (R) and Deputy Foreign Minister and chief nuclear negotiator Abbas Araghchi react as they listen to President Hassan Rouhani (unseen) speaking during a press conference in Tehran on 3 April 2015 ATTA KENARE / AFP
Politics

Zarif’s peace gambit meets Tehran’s limits

15 April 2026

Tehran can likely contemplate a deal, but it is far less clear that it can yet imagine lasting peace

Alex Vatanka
Julian D. Paulsen
Business & Economy

Tight squeeze: economic effects of Iran war linger despite truce

13 April 2026

A two-week truce has sparked a cautious market rebound, but deep anxiety persists over renewed escalation and its impact on global growth and inflation

Abdulfattah Khattab
Jared Kushner and Pakistan's Prime Minister Shehbaz Sharif interact in Islamabad, Pakistan, on 11 April 2026. Jacquelyn Martin/ REUTERS
Politics

‘Kushner and Witkoff spoiled the US-Iran talks’

13 April 2026

Sources tell Al Majalla that Iran was able to build a rapport with US Vice President JD Vance in Islamabad, but sensed his hands were tied in the presence of Trump's son-in-law and close friend

Kamal Alam
Al Majalla
Business & Economy

The Iran war exposed the fragility of Europe’s economy

15 April 2026

Disruption in the Strait of Hormuz and rising energy prices are exposing the structural vulnerabilities of Europe's economy

Mohamed Sharki
Opinion

Lebanon’s Shiites are fighting a two-front war

15 April 2026

The first is on the border against Israel, which seeks to seize their land and drive them northwards; the second is within Lebanon itself, against a state that seeks to marginalise them

Houssam Itani

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OPINIONS

Unravelling the Hormuz bottleneck

Al Majalla - London
Al Majalla - London

Saudi networks can redraw oil, gas, and trade routes

Al Majalla - London
Al Majalla - London

Yanbu: from Saudi safety valve to Gulf export hub?

Al Majalla - London
Al Majalla - London

Glimpses of Bush's Iraq debacle appear in Trump's foray into Iran

Robert Ford
Robert Ford
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