Analysis

Chinese panda bonds present opportunity for cash-strapped Egypt

With this agreement with the African Development Bank, Egypt is the first African country to issue bonds in Chinese currency that are placed in the domestic market of mainland China.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Analysis

Egypt: Sisi's Africa tour highlights GERD, economic, climate change challenges

Sisi visited Angola, Zambia and Mozambique this week, demonstrating the continued importance Egypt places on political, economic and security ties with southern Africa and the continent as a whole.

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Russian citizen killed in Egypt shark attack in Red Sea

A few foreign tourists have been killed over recent years in shark attacks in the Red Sea, where Russian tourism is important to Egypt’s economy.

Egypt

Analysis

Israel-Egypt security cooperation rattled but steady after border attack

While Israel mourns its three soldiers killed by an Egyptian policeman, both countries need for the security cooperation between them to continue.

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

Egyptians are abandoning their pets as cost of living shoots up

Many Egyptians have been forced to abandon their pets due to the rapid increase in the cost of living.

Egypt

Telecom Egypt sale foreshadows Cairo's uncertain privatization path

The sale came as authorities in Cairo move to reduce the state’s footprint on the economy, give more space to the private sector, and secure liquidity to improve the state’s precarious financial position.

Marc Español

Egypt’s tourism sector continues to lure private investors despite economic difficulties

Opportunities in the sector are set to increase following the government’s renewed bid to double the number of annual visitors from pre-pandemic levels and nearly triple annual tourism revenues to $30 billion by 2028, up from $12.2 billion in 2022.

Marc Español

Egypt’s mounting debt raises doubts amid stalled reforms and inflows

High allocations and revenues tied to debt in the draft budget for the next fiscal year are causing concern at home and abroad.

Egypt

Will Telecom Egypt stake sale help country achieve IMF reforms?

An expert said it was "unclear” whether the sale helped solve Egypt’s “key problem” of accessing hard currency.

Egypt

Egypt's ‘Eissa’ debuts at Cannes with spotlight on Africa’s refugee community

Egyptian critics and activists praised "I Promise You Paradise," a short film directed by Egyptian director Morad Mostafa, highlighting untold stories of immigrants living in Egypt, with a focus on African refugees.

Egypt

Egypt’s economy braces for new hit from Sudan conflict

Egypt fears that a prolonged conflict in Sudan, a major market for its exports, will add to its economic hardships.

Egypt

Egypt: Leading textile executive pushes for low-interest loans to save industry

Textile manufacturing is Egypt’s second-largest industry, but it was severely impacted by the pandemic and now the country’s economic downturn.

Egypt