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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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Iran’s Parliament Speaker Mohammad Bagher Ghalibaf, dressed in an IRGC uniform, chairs a session in Tehran on 1 February 2026. AFP
Profiles

Mohammad Bagher Ghalibaf: a possible US partner?

24 March 2026

Reports that the Trump administration is eyeing Iran's parliament speaker as an Iranian 'Delcy Rodriguez' has been dismissed in Tehran as fake news

Alex Vatanka
Pakistan's Prime Minister Shehbaz Sharif Army Chief and Field Marshal Syed Asim Munir pose with US President Donald Trump (C) at the White House in Washington, DC on 26 September 2025. AFP
Politics

Why Pakistan is well-placed to host US-Iran talks

24 March 2026

Islamabad is uniquely positioned to mediate between the warring parties. It also has more than enough reasons to want this war to end.

Kamal Alam
Mark Wallace (L), CEO of the non-profit United Against Nuclear Iran, talks with Rep. Mike Lawler (R) (R-NY) next to a Shahed 136 military drone during a press conference on Capitol Hill on 8 May 2025 in Washington, DC. WIN MCNAMEE / AFP
Business & Economy

Iran and the new arithmetic of war

23 March 2026

Cheap autonomous weapons are overturning the economics of combat—and teaching the United States important lessons.

Fareed Zakaria
Trump holding a Make America Great Again Hat AFP
Politics

Could the US-Iran war deliver Trump his own ‘Suez’ moment?

23 March 2026

The conflict will likely prompt political and economic shifts, even if the extent of those changes may not be known for years.

Christopher Phillips
A displaced woman sits next her tent in an unofficial camp, erected along Beirut’s seafront area on 22 March 2026. DIMITAR DILKOFF / AFP
Culture & Social Affairs

Beirut's daily grind: between refuge, ruin and routine

23 March 2026

Beirut continues to host exhibitions and sustain cultural life, but in a subdued, robotic fashion shaped by war and emotional numbness

Mimoza Al-Arrawi

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OPINIONS

Iran denies it is negotiating with Trump

Fares Garabet
Fares Garabet

War typically unites societies. But not in Lebanon.

Houssam Itani
Houssam Itani

Beirut's daily grind: between refuge, ruin and routine

Mimoza Al-Arrawi
Mimoza Al-Arrawi

Why Pakistan is well-placed to host US-Iran talks

Kamal Alam
Kamal Alam
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