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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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Grace Russell
Politics

Gulf states should steer clear of attritional war traps

01 April 2026

The US-Israeli war against Iran aims to draw in Gulf states, but history has shown that entering wars is far easier than exiting them. Prudence is needed now more than ever.

Khairuldeen Al Makhzoomi
Palestinian Foreign Minister Varsen Aghabekian Shahin speaks at a press conference in Ljubljana, Slovenia, on 25 August, 2025. Luka Dakskobler / Getty
Politics

'Israel is exploiting Iran war to kill a Palestinian state'

01 April 2026

PA Foreign Minister Varsen Aghabekian Shahin tells Al Majalla that Israel is taking advantage of the fact that the world is distracted by the US-Iran war to create irreversible facts on the ground

Ahmed Maher
Ewan White
Politics

Iraq's internal battle for influence comes to a head

31 March 2026

New fronts have opened up across the region in light of the US-Israeli war on Iran, as non-state actors with links to Tehran fear for their futures

Rustum Mahmud
People gather during a celebration called by Hayat Tahrir al-Sham (HTS) at the Umayyad Square, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, 20 December, 2024. Reuters / Ammar
Business & Economy

US-Iran war gives Syria's global economic pitch more urgency

01 April 2026

Given the effective closure of the Hormuz Strait and Houthi threats to close off the Red Sea, Syria may emerge as a corridor and conduit to bypass these embattled maritime chokepoints

Charles Lister
Farid al-Madhan Reuters/ Al Majalla
Politics

Farid al-Madhan: Assad's fingerprints were on every picture

31 March 2026

A former army forensics employee who later became known as Caesar tells Al Majalla how he risked his life to expose the torture and killing of countless Syrians in regime prisons

Ibrahim Hamidi

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OPINIONS

Drones vs interceptors: cost disparity sparks defence rethink

Al Majalla - London
Al Majalla - London

Will the 'Syria First' promise hold up under pressure?

Alia Mansour
Alia Mansour

New study finds deep sleep better than long sleep

Mohammed Mansour

The US-Iran war has thrown Asia into crisis

The Economist
The Economist
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