January 28, 2023
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economic

Egypt Latest News

Egypt’s economic crisis is deepening, says FT

January 19, 2023 MEO Staff

Sisi needs to shrink the role of the state and military-owned companies, suggests an opinion by the Financial Times’ editorial board. “For almost a decade, Egypt’s Abdel Fattah al-Sisi has promised his people that he [ More … ]

Egypt Latest News

Egypt: Key children’s cancer hospital on the brink of closure amid country’s dire economic situation

December 23, 2022 MEO Staff

Due to a sharp drop in donations, the administration of Egypt’s Children’s Cancer Hospital estimates the facility can only survive for eight months without intervention. Egypt’s economic problems have become more acute in the past [ More … ]

Analysis

Egypt: Has the country actually fallen under foreign mandate amid its most recent IMF deal?

October 28, 2022 MEO Staff

Egyptians wonder whether their country has officially fallen under international and regional mandate after its most recent deal with the International Monetary Fund, which was announced on 27 October 2022. The International Monetary Fund (IMF) [ More … ]

Egypt Latest News

Sisi pushed into the corner by Egypt’s difficult economic situation and his dire human rights record

October 25, 2022 MEO Staff

The Egypt Economic Conference, a three-day, government-organized forum about the future of Egypt’s economy, kicked off in Cairo Sunday with self-congratulatory speeches from Abdel Fattah al-Sisi and other state leaders. After decades of poor economic [ More … ]

Egypt Latest News

Egypt’s economy pushed to brink as one third of nation living in poverty, report

September 27, 2022 MEO Staff

Egypt, a country of more than 103 million people, is running low on foreign currency needed to buy essentials like grain and fuel, a recent report states. According to a recent report published by ABC [ More … ]

Egypt Latest News

Egypt could have been in a better place had the priorities been set right!

September 21, 2022 MEO Staff

While Egypt’s Sisi spends on almost futile mega projects, the Egyptians people are suffering the consequences of his wrong economic policies, notably the escalating external debt catastrophe. Sisi spends loans lavishly on useless mega projects, [ More … ]

Egypt Latest News

‘Governance issues should be addressed in any bailout’ to ease Egypt’s economic crisis, report

August 22, 2022 MEO Staff

While Egypt is seeking ‘exceptional’ treatment by the IMF, the ‘governance issues should be addressed In any coming bailout’ scheme to help government overcome the current economic impasse, states HRW in a report. Egypt is currently [ More … ]

Egypt Latest News

Egypt seeks raising $2.5 bln. amid its worsening economic situation

August 12, 2022 MEO Staff

Egypt is considering raising $2.5 billion soon as the country’s economic pressures are escalating, states a report by Bloomberg. Besides corruption and dire economic policy, a drop in tourists and high oil prices have hit [ More … ]

Egypt Latest News

‘Egypt is going to crash. We must act now to limit the chaos’, says ex-minister

July 12, 2022 MEO Staff

Egypt urgently needs a lifesaving plan which radically breaks away from the destructive strategies of the regime and its international backers, says former Egyptian investment minister. Yehia Hamed, Egypt’s former investment minister who served in [ More … ]

Egypt Latest News

Ethiopia decides to close its embassy in Cairo, says envoy

September 27, 2021 MEO Staff

Ethiopian Embassy in Cairo will close starting in October, says Ethiopian ambassador to Cairo. Does the decision have anything to do with the Renaissance Dam crisis? The Ethiopian Ambassador to Egypt Markos Tekle Rike told [ More … ]

Analysis

In Egypt, the Coronavirus Poses a Political Threat, FP

May 3, 2020 MEO Staff

The Coronavirus pandemic has exposed the shortfalls of a government that has neglected the health sector for too long. said the Foreign Policy in a report BY NAEL M. SHAMA On March 16, Egypt had 126 [ More … ]

Egypt Latest News

Egypt’s ending of monthly customs rate may raise inflation – analysts

September 3, 2019 MEO Staff

Egypt’s decision to scrap a monthly fixed customs exchange rate could lead to higher inflation in the coming months if the Egyptian pound declines significantly against the dollar, analysts said. Egypt last Sunday cancelled the [ More … ]

Egypt Latest News

Egypt’s Sisi calls on citizens ‘to tolerate economic reform implications’

July 23, 2019 MEO Staff

All Egyptians must be more tolerant and patient until Egypt’s economy improves under the national reform program, General Abdel Fattah Al-Sisi, said yesterday. “The government had no choice but to implement a severe economic reform [ More … ]

Analysis

Pillars of Economic Development in Egypt – Analysis

October 30, 2018 MEO Staff

The Egyptian economy has all the economic fundamentals necessary to embark on the path of development; and the efficient management of these resources is the real key to economic advancement, as well as the political [ More … ]

Egypt Latest News

4 years on, Al-Sisi urges patience over his austerity measures

July 1, 2018 MEO Staff

Egypt’s Abdel-Fattah Al-Sisi urged citizens on Saturday to further endure economic reforms and austerity measures, including a recent wave of steep price hikes on fuel, electricity and drinking water His televised address comes on the [ More … ]

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Latest

Egypt: Independent organizations submit a new human rights report to the UN

Egypt Latest News
January 27, 2023

West Bank: Israel kills nine Palestinians in a new ‘massacre’ in Jenin

Israel Latest News
January 26, 2023

Egypt: ‘Inflation is so high that eggs are a luxury’, says NYT

Egypt Latest News
January 25, 2023

Egypt: “Food price shocks and diets among poor households”, report

Egypt Latest News
January 24, 2023

Egypt: EIPR calls on Sisi to abolish unfair verdicts against Aboul Fotouh, Al Qassas and Al-Sharqaw

Egypt Latest News
January 23, 2023
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