Egypt has been grappling with an economic crisis since last year, with the Egyptian pound plunging, foreign reserves drying up, and inflation surging.
In February 2024, Egypt won its largest-ever foreign investment: an influx of $35 billion from the United Arab Emirates (UAE).
Egypt is confronting the worst period of regional economic turbulence since the Gaza-Red Sea crisis of 2024 as the fallout from the US-Israeli strikes on Iran early on Saturday continues.
The war in Ukraine and Egypt's own economic crisis have made it hard for people in Cairo to afford food.
This transcript is from a CSIS podcast published on October 3, 2023.
Stability in the Middle East is vital to American interests.
Egypt has been grappling with an economic crisis since last year, with the currency plunging, foreign reserves drying up, and inflation surging.
CAIRO - Egypt descended into political turmoil on Wednesday over the constitution drafted by Islamist allies of President Mohammed Morsi, and at least 211 people were wounded as supporters and .
On April 15, clashes between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) broke out in the capital city of Khartoum and in the Darfur region of Sudan.