Culture

Egypt’s Coptic Christians outraged at government's mishandling of adoption case

The case of a little boy who was taken from his adoptive Christian parents by the Egyptian authorities and placed in an orphanage after being registered as a Muslim has triggered a backlash from rights advocates and brought the adoption laws under scrutiny.

Egypt

Egypt plans to sell stakes in 32 state-owned companies within year

The announcement comes as the government is moving to reduce the state’s footprint in the economy, and includes two military-owned enterprises and three banks.

Egypt

Egypt's economy takes another hit with rating downgrade

Moody’s also said Egypt’s ability to generate domestic funding will help its economic outlook.

Egypt

Egypt venture capital funding tops $500M in 2022: Report

Egypt led the Middle East and North Africa in the number of venture capital deals last year, according to a report by MAGNiTT. Egypt’s overall economy continues to struggle.

Egypt

Egypt’s non-oil sector suffering under high inflation: Report

Egypt is experiencing rising inflation and the depreciation of its currency, but the country’s stock exchange is doing well and the IMF recently agreed to a massive aid package.

Egypt

Overhaul plan for Giza Zoo stirs controversy in Egypt 

The historic zoo is in need of renovation, but critics fear that the government's announced plan may make things worse.

Egypt

Egypt keeps interest rates unchanged to start 2023

Inflation in Egypt was on the rise at the end of 2022, with food prices being of particular concern.

Egypt

Egypt's Shoukry holds talks with Lavrov in Russia, a day after meeting Blinken

Egyptian Foreign Minister Sameh Shoukry delivered a message from the United States to his Russian counterpart, Sergey Lavrov, on Russia's war in Ukraine, according to an Egyptian media report.

Egypt

Middle East corruption rankings: Syria most corrupt, UAE least, Turkey slipped

Corruption remains rampant across the Middle East and North Africa, Transparency International reports, with the region’s average score in combating corruption hitting a new low of 38. 

Turkey

Pound devaluation, IMF deal send Egypt’s stock market soaring

PRO: Egypt's stock market has started 2023 as one of the world’s best-performing exchanges. Here's what it will take to maintain that momentum.

Marc Español

Blinken seeks detainee progress, but releases are Egypt’s ‘prerogative’

US Secretary of State Antony Blinken told Al-Monitor he raised the cases of individual political prisoners during his two-day visit to Cairo, which included a meeting with Egyptian President Abdel Fattah al-Sisi.

Egypt

In Egypt, economic heat of Russia's war in Ukraine is only getting worse

Average Egyptians told Al-Monitor that everything from the price of tomatoes to bread is taking a toll on daily life and household decisions as country's economy reels under the heavy toll of the war in Ukraine.

Egypt