Egypt’s President Abdel Fattah Al-Sisi has vowed to reduce the military’s undue influence over the country’s economy as part of a new $3 billion International Monetary Fund (IMF) bailout. The package of measures that will be introduced will address Cairo’s economic woes including a foreign currency crisis, a weakening pound …
A new IMF report offers a glimpse into what is expected of the Arab world’s most populous country as it copes with a foreign currency crunch and spiraling inflation.
Space photography from Nasa and the European Space Agency reveals Egypt in all its glory
The World Bank’s executive board has approved $500 million in development financing for Egypt to expand its social safety net and protection programme in the face of global economic pressures filtering through to the country’s economy, the international cooperation minister said on Friday.
Every year on December 18, International Migrants Day is observed with the goal of spotlighting the social and economic circumstances of migrants around the world.
The International Monetary Fund early Saturday approved a $3 billion loan for Egypt under a 46-month program.
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).