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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

Trump has few good options on Iran

16 February 2026

As the US and Iran head to talks in Geneva, competing forces are pulling Trump in opposite directions. There are only two "good" scenarios in front of him, and neither will be easy to achieve.

Michael Horowitz
Al Majalla
Business & Economy

Gold’s ascent points to strains in the dollar-centric global financial order

16 February 2026

Rising bullion prices, volatile currency markets, and renewed debate over US monetary strategy reflect deepening doubts about Washington's stewardship of the global financial system

Mohamed Sharki
Sara Padovan
Politics

Palestine and the cost of Arab division

09 February 2026

The war in Gaza has exposed Israel's true intention: hegemony over the Middle East, making the cost of Arab fragmentation rise sharply. A unified Arab vision is needed now more than ever.

Ramzy Ezzeldin Ramzy
Aliaa Aboukhaddour
Culture & Social Affairs

The Kuwaiti collector preserving Fairuz's legacy

16 February 2026

Faris Al-Muhanna dreams of one day creating a digital archive to safeguard the history and memory of Lebanon's most iconic artist for future generations

Charbel Khoury
Children watch the Indian Air Force (IAF) Surya Kiran aerobatics team performing during Aero India 2025, a military aviation exhibition at the Yelahanka Air Force Station in Bengaluru on 13 February 2025. Idrees MOHAMMED / AFP
Politics

India’s record defence budget turns heads

15 February 2026

A $86.7bn budget, rapid naval expansion, and longer-range missile development underline New Delhi's drive to modernise its forces and compete more assertively with China and Pakistan

Shakir Husain

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OPINIONS

Medusa as our ambivalent self: Racha Mounaged’s new poetics

Alfred J. Naddaff
Alfred J. Naddaff

Palestine and the cost of Arab division

Ramzy Ezzeldin Ramzy
Ramzy Ezzeldin Ramzy

Trump pushes EU states to reduce US dependence

Fares Garabet
Fares Garabet

SDF presence in Munich raises eyebrows in Ankara

Omer Onhon
Omer Onhon
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