Search

Egypt Confronts Economic Hardships as Austerity Bites

Allen dreyfus Logo
© Allen Dreyfus
  • President Sisi urges resilience as Egypt faces record low currency values and high inflation.
  • Egypt navigates economic reforms and austerity to maintain stability.

 

 As Egypt’s economic woes deepen, President Abdel Fattah al-Sisi addressed the nation today, highlighting the resilience of Egyptians in the face of spiralling prices and a faltering currency.

Recent Business

Maintenance of electricity transmission lines. Photo by Mario Spencer @ Unsplash
Europe-backed lender makes Africa debut with $35mn Benin power deal
Read More »
Marrakech biggest market in Morocco. Photo by CALIN STAN @ Unsplash
Morocco central bank holds rates at 2.25% as inflation stays low
Read More »
Lagos, Nigeria. © Unsplash
Nigeria approves $4.29bn infrastructure projects in ports and power
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights