How interest rate hikes affect Egypt’s economy

The central bank may raise rates further by 100 to 200 basis points in 2022 to be in line with tightening global monetary policies. Yields on T-bills are set to rise.

Egypt

Egyptian army changes strategy in war against terrorism in Sinai

The Egyptian army has recently made public statements about its operations against militants in the Sinai Peninsula, pointing to a shift in its strategy that had been reliant on local tribes, while refraining from publicly speaking about the battles.

Egypt

Egypt to receive wheat shipments from Ukraine by rail from Poland

Cairo agreed with Kyiv on four wheat cargoes, which will reach Egypt by rail to Poland, raising hopes of restoring food security.

Egypt

Despite rise in attacks, Egyptian military recounts success story in Sinai

While militant attacks have escalated against Egyptian security forces in the Sinai Peninsula, military analysts attribute the uptick to desperation amid a successful crackdown.

Egypt

Egyptian Mufti warns Britain on threat from Muslim Brotherhood

Grand Mufti of Egypt Shawki Allam, in a visit to London, made the government's case about the ongoing threat from the Brotherhood..

Egypt

Sudan, Ethiopia blame each other for border violations amid Nile Dam dispute

The border dispute between Sudan and Ethiopia may affect the crisis over Ethiopia’s controversial Nile Dam, amid fears of the situation turning into an armed conflict.

Egypt

Egypt grants new incentives to foreign investors

The Egyptian government announced the granting of a special license to foreign investments in three specific fields, which expedites procedures to implement projects, as part of efforts to revive the ailing economy in the country.

Egypt

Can Egyptian civil society contribute to solving Sudanese crisis?

An Egyptian civil society delegation visited Khartoum where it met with various political parties, as part of efforts to boost relations and dialogue at the popular level.

Egypt

Egypt to sell state-owned firms amid economic crisis

Ten of Egypt's largest state-owned companies will be listed this year on the stock exchange, while others will be sold in the coming years as the government tries to attract foreign investors to relieve economic hardships.

Egypt

Turkey inches closer to Egypt

The Turkish finance minister is planning a visit to Egypt next month in the latest step toward rapprochement between the two countries.

Egypt

Egypt's National Dialogue unlikely to include Muslim Brotherhood

Egypt’s President Abdel Fattah al-Sisi called for a political dialogue with his opponents, but many wonder if the Muslim Brotherhood will be invited to attend.

Egypt

Hunger strikes by prisoners continue in Egypt

A number of political activists in Egyptian prisons have been on a hunger strike for several days to protest their denial of basic rights, at a time the president has called for a national dialogue with opponents.

Egypt