Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years to help fund a new capital, build infrastructure, buy…
Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its coffers by selling state assets to wealthy Gulf nations. Experts say…
An economic crisis spurred by the Ukraine war is casting darkness upon Egypt’s streets, as the government dims lights to free up energy for export and bolster hard currency reserves.…
Egyptian smallholders grow nearly half of the country’s crops, a lifeline role increasingly important after grain imports were stalled by war in Ukraine — but they are struggling to survive.…
When Egyptian real estate developer Hassan tried building an apartment block without paying bribes, officials stalled the project, going so far as to suggest there were ancient relics beneath the…
Ever since the IMF rolled out its current programme in Pakistan, the global lending agency’s programme for Egypt has been under intense discussions. The IMF rolled out, in 2016, a…
Tourists are slowly returning to Egypt, easing pressure on a key sector battered by years of turmoil and the 2015 bombing of a plane carrying Russian holidaymakers."There is an increase…
Egypt’s reputation as an emerging market star lost some of its sparkle last month when street protests revealed a population yet to benefit from years of economic reforms that had…
The International Monetary Fund's Extended Fund Facility (EFF) programme design for Pakistan (July 2019-September 2022) is uncannily similar to that for Egypt (November 2016-2019 with the last mandatory review held…
Egypt's reputation as an emerging market star lost some of its sparkle last month when street protests revealed a population yet to benefit from years of economic reforms that had…
