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Egypt

November 26, 2024

Cairo 7:39 am

14°C

Ed Giles/Getty Images

17 missing after boat capsizes off Egypt's Red Sea coast

The boat set sail on Sunday despite warnings from the Egyptian Meteorological Authority about large waves on the Red Sea.

Egyptian pound banknotes lie on a table on March 6, 2024, in Cairo, after Egypt's central bank announced it will allow the exchange rate to be set by the market.

Egypt to launch first IPO in three years amid IMF-fueled privatization drive

The move comes amid a privatization drive in Egypt as part of the International Monetary Fund’s conditions to provide Cairo with an $8 billion bailout to help the North African country recover from an economic crisis.

President-elect Donald Trump attends the America First Policy Institute Gala held at Mar-a-Lago on Nov. 14, 2024, in Palm Beach, Florida.

Analysis

From Sudan to Ethiopia, Trump’s 'America First' priorities could shift Horn of Africa policy

As the Horn of Africa region seemed to be overlooked by Washington’s foreign policy, questions about how President-elect Donald Trump will deal with the rising conflicts in the region arise.

Jonathan Fenton-Harvey

By Jonathan Fenton-Harvey

In Exmouth, reporting on North Africa and Gulf politics

FAYEZ NURELDINE/AFP via Getty Images

Egypt, Saudi Arabia prep for joint military drills as ties strengthen

The drills are the latest sign of growing relations between the two countries.

Latest News

Analysis

Trump’s return bodes both continuity and disruption for fragile Middle East

This US Navy photo released Jan. 15, 2015 shows an MH-60S Sea Hawk helicopter from the Red Lions of Helicopter Sea Combat Squadron (HSC) 15 as it prepares to land on the flight deck of the Nimitz-class aircraft carrier USS Carl Vinson (CVN 70) on Jan. 13, 2015 in the Gulf.

Jared Szuba

In Washington, DC, reporting on defense, national security, military

Analysis

Egypt: $1.2B at stake as IMF reviews ‘halfhearted’ economic reforms

People walk past a fruit seller's stall in the Azhar district of Egypt's capital, Cairo, on Jan. 16, 2023.

In Bristol, reporting on regional business, climate change, AI, tech

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Despite deteriorating human rights record, Egypt hopes for US support under Harris or Trump

EVELYN HOCKSTEIN/AFP via Getty Images

CIA chief, Egypt’s Sisi discuss 'urgent need' to end Lebanon, Gaza wars

This combination of pictures created on Aug. 15, 2021 shows CIA Director, William Burns, testifying during a House Intelligence Committee hearing about worldwide threats, on Capitol Hill in Washington, DC, on April 15, 2021 and Egyptian President Abdel Fattah al-Sisi (R) attending a press conference with his Russian counterpart at the presidential palace in the capital Cairo on Dec. 11, 2017.

Beatrice Farhat

Associate Editor (Lebanon)

In Beirut, reporting on regional news, culture, conflict

Jonathan Fenton-Harvey

In Exmouth, reporting on North Africa and Gulf politics

Mohammed Magdy

In Berlin, reporting on Egyptian politics

Ayah Aman

In Cairo, reporting on politics and culture

Salwa Samir

In Giza, reporting on politics

Nada Shaker

In Cairo, reporting on culture

People walk past a currency exchange shop displaying a giant US dollar banknote in downtown Cairo on Nov. 3, 2016.

Here's how the latest US rate hike will impact Egypt's economy

A stronger US dollar will inevitably drive higher import costs, and subsequently prices, in the most populous Arab country, yet could eventually provide a boost to the local currency with an increase in exports.

Russia's Minister of Foreign Affairs Sergey Lavrov addresses the public during a press conference at the Russian Embassy, Addis Ababa, Ethiopia, Aug. 02, 2022.

Lavrov sidesteps Nile dam dispute in meetings in Egypt, Ethiopia

Russia’s Foreign Minister Sergey Lavrov seems to have avoided the GERD issue, instead focusing on his country’s relations with Egypt, Ethiopia and other African countries.

REMKO DE WAAL/ANP/AFP via Getty Images

Egypt creates independent fund for Suez Canal

Egypt has established a new fund for the Suez Canal manage its own revenues independently.

Cutting-edge applications of Artificial Intelligence on display at the Artificial Intelligence Pavilion.

Egypt-China ties strengthen with recent deals

China is also getting closer to Saudi Arabia, Iran and other countries in the region, primarily through economic cooperation.

A boy looks at the coins displayed at the exhibition Coins through the Ages at the Egyptian Museum in Cairo, on Aug. 10, 2010.

Downward spiral causes crash in Egypt’s gold prices

Gold prices sharply dropped in Egypt amid a drop of global prices after the US Federal Reserve hiked interest rates.

KHALED DESOUKI/AFP via Getty Images

Egypt, China expand climate cooperation ahead of COP27

As Egypt prepares to host the COP27 conference, it's getting help from China to transform Sharm el-Sheikh into a green city.

An Egyptian farmer takes part in the wheat harvest in Bamha village near al-Ayyat town, Giza province, Egypt, May 17, 2022.

Egypt pins hopes on Russia-Ukraine grain agreement

Egypt, especially hit hard by the global food crisis resulting form the Russia-Ukraine war, is hoping for relief via the Black Sea Grain Initiative.

Sinai monastery

Egypt renovates one of Sinai's oldest monasteries

Restoring the previously neglected monuments in the Sinai in one way to revitalize tourism, especially religious tourism.

KHALED DESOUKI/AFP via Getty Images

Russian Orthodox Church builds on links with Egyptian Copts

Egypt's Giza governorate now hosts an administrative and spiritual center for the Russian Orthodox Church.

A handout picture released by the Egyptian Presidency on August 14, 2018.

Saudi Arabia’s NEOM project to bring huge investments to Egypt

Saudi Arabia Crown Prince Mohammed bin Salman said his country will invest in Sharm el-Sheikh as part of $500 billion NEOM project.

Pet trader Mahmud Safwat feeds birds outside his shop, Giza, Egypt, July 2022.

Pets suffer amid Egypt's economic crisis

The Russian war on Ukraine has affected Egypt's economy in many ways and is now affecting Egyptians' ability to keep their pets at home.

In this photograph taken on July 31, 2022, smoke rises from a house following a US drone strike in the Sherpur area of Kabul.

Middle East reactions: Al-Qaeda leader Zawahiri killed in US drone strike

Saudi Arabia and Israel praised the operation which killed the Al-Qaeda leader; a Syrian jihadist group appeared to offer condolences.