Category: Egypt

Overview. Egypt is at a crossroads. One path will take it down the same road it travelled in 2013 which saw a President ousted. Back then the economy was in turmoil, power cuts were constant, prices were rising, and people were struggling. The other will continue with Sisi’s big visions, big projects, and even bigger…

Overview. Egypt has worked extremely hard to rebuild its economy after the damage done by the Arab Spring in 2011, and the ouster of President Morsi in 2013. President Sisi’s strong vision and strategies made him the posterchild of spending, but that image is now becoming tattered and torn. Ten years after he oversaw the…

Overview. Egypt appears to be aiming to expand its diplomatic position in the Middle East. Re-establishing communications with Türkiye is obviously part of that. Cairo and Ankara have agreed to reinstate diplomatic ties and reopen their Embassies. But while Sisi seeks a higher international profile, at home his economy is in flames.…… Read the rest

Overview. Egypt’s economy is one of the most diversified in the Middle East but that doesn’t mean it hasn’t taken an absolute pounding. We have seen many economic reforms implemented over recent years, but it just hasn’t been enough to bring in the much-needed investment to promote stability and growth.…… Read the rest

Overview. Yet again, Egypt is all about the money. The currency crisis is just not going away and the cost of it is crippling for much of the population. Prices are literally changing daily. Some online retailers are struggling to keep up and have simply removed some products from their platforms as instant re-pricing on…

Overview. Egypt’s currency has lost half its value to the US Dollar since March 2022. Inflation in January rose to 26.5% and it is really beginning to bite. Shops across the country are running low on even the most basic items as the lack of foreign currency puts imported products out of reach for all…