Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

Egypt's military tries to hang on to its economic empire. Amidst a proposed privitization plan from the Egyptian government, the generals are reluctant to give up shares in the companies they control.

Egypt plans to launch a revamped national commodity exchange to oversee imports and exports of essential agricultural goods, ...

International lenders have pumped tens of billions of dollars into Egypt’s faltering economy amid the war in the Gaza Strip, but experts say the country’s economic crisis is not yet resolved.

The latest expansion of the military’s powers solidifies the preexisting de facto martial law in Egypt. According to Article 200 of the constitution (amended in 2019), the military is granted broad ...

The military’s overshadowing economic role has often been deplored, with critics arguing that military companies’ exclusive perks, such as tax exemptions, leave no chance for the private sector to ...

The admission comes amid a deepening economic crisis, which saw Egypt's level of foreign debt soar to $158bn in March, compared with $145.5bn in December 2021, an increase of eight percent in four ...

Egypt’s Military Is Under Pressure to Loosen Its Grip on Economy Egyptian President Sisi is showing few signs of dismantling the military’s business interests, despite pressure from the IMF ...

Egypt has been grappling with an economic crisis since last year, with the Egyptian pound plunging, foreign reserves drying up, and inflation surging. This eventually led to the International ...

Egypt has committed to reducing the military’s role in the economy as part of its $3bn IMF bailout package, as the Arab state grapples with a foreign currency crisis, a weakening pound and ...

The Egyptian authorities in early February 2024 issued new legislation that will entrench and widen the already-broad powers of the military over civilian life in a manner that undermines rights.

Egypt is preparing to relaunch its national commodity exchange to stabilise domestic markets and ensure a steady supply of ...