Egyptian assets have been among the Middle East’s worst hit by the Iran war, a major stress test for grueling International Monetary Fund-backed reforms meant to protect against future crises.
As military developments accelerate in Iran and across the region, Egyptians are watching with growing concern—fearing that the repercussions could reach their pockets before anything else. Every ...
By Mohamed Ezz and Patrick Werr CAIRO, March 10 (Reuters) - The U.S.-Israeli assault on Iran is piling pressure on Egypt’s precarious finances by hiking energy costs, hindering exports and pushing ...
Egypt has set maximum prices for ​unsubsidised bread sold in private bakeries, reviving price controls on staple food as the government ‌seeks to limit the impact on consumers of an expected rise in ...
Iraqi FM Fuad Hussein and Egyptian FM Badr Abdelatty discussed the regional war, U.S. military strategy, and Iran’s recent ...
Egyptian inflation quickened in February, a situation that may be poised to worsen as the knock-on effects from the Iran war pile pressure on the import-reliant economy.
Egypt has approved a set of measures to reduce government spending and energy consumption, Prime Minister Mostafa Madbouly said on Monday, as it assesses the economic impact of the escalating regional ...
Wars in the Middle East rarely stay on the battlefield but ripple outwards through energy markets, financial systems, and maritime trade routes, with important consequences for the region.
The State Department said it was facilitating charter flights from Saudi Arabia, Jordan and the UAE for Americans.
Israel’s closure of the Rafah border crossing between Gaza and Egypt has thrown surgeries and school plans into limbo.
Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: A Bayraktar Akinci unmanned combat aerial vehicle is exhibited at Teknofest aerospace and technology festival in Baku, ...
Henry McSilva and Regis Bezerra watched missiles being intercepted from their Jerusalem hotel before driving 15 hours to ...