Egypt has been placed on a ‘state of high alert’ after activists urged Egyptians to take to the streets on 11 November to protest against deteriorating economic and human rights conditions and Sisi’s political policies.
Stop Funding Sisi’s House of Cards: As the Egyptian president spends on projects of questionable value, the people are suffering
Against the backdrop of entirely preventable catastrophes, Egyptians—like many living in middle- and low-income countries around the world—are confronting a food crisis caused by forces beyond their own government’s control. They are also grappling with a financial crisis that is entirely of Sisi’s making
Egypt and the World Bank are discussing activating a $500 million food security agreement to help tide the country over as it struggles to deal with the repercussions of the Russian invasion of Ukraine.
Egypt homes over nine million international migrants and refugees from 133 countries, reveals the International Organization for Migration (IOM).
As the global economy has contracted in recent months, Egypt has been engaged in talks with the International Monetary Fund to shore up its rocky financial situation.
Egypt will receive a $500 million loan from the World Bank to help finance its wheat purchases as prices skyrocket because of the Russian invasion of Ukraine, the bank said Wednesday.
An Egyptian court ordered, on Saturday, to send a notification to Interpol to issue a red notice against 6 members of the banned group of the Muslim Brotherhood, El Watan newspaper reported.
The Egyptian government asked the World Bank in late May to obtain $500 million to finance the Emergency Food Security and Resilience Support Program, which is aimed at managing Egypt’s needs for imported wheat in light of the ongoing repercussions of the Russian war in Ukraine on global markets.
A court in Egypt has asked Interpol to issue Red Notices to four Egyptian journalists working in Turkiye and hand them over to Egyptian authorities.
Less than a month after the Russian invasion of Ukraine, on 21 March 2022, faced with an exceptional rise in food and energy costs, Cairo’s Central Bank raised its base interest rate by 100 points, and devalued the Egyptian pound by some 15% after having spent several days wasting more …