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Category: Economy

By Rian LordIn Economy, NewsPosted July 27, 2026

Israel’s Forced Labor Import Ban Doubles as a Tariff Bid

Israel's new ban on forced labor imports carries a second goal, qualifying for the lower 10% tariff bracket in Trump's forced-labor-linked trade order.

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By Rian LordIn Economy, NewsPosted July 27, 2026

Egyptian Pound Firms as Expat Remittances Do the Heavy Lifting

Egypt's pound firmed against the dollar and euro as record remittances outpaced reserve growth, with the IIF and IMF split on next year's outlook.

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By Rian LordIn Economy, NewsPosted July 27, 2026

Egypt’s Refining Boom Can’t Outpace Its Gas Import Bill

Egypt's crude output and refinery exports hit two-year highs in 2026, even as a natural gas shortfall pushes its energy import bill up faster than...

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By Rian LordIn Economy, NewsPosted July 22, 2026

Egypt’s Hunt for a Multi-Year LNG Deal Repeats a Decade-Old Pattern

Egypt is negotiating its biggest LNG import deal yet as gas output keeps falling, echoing a boom-and-bust cycle it first faced in 2013.

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By Rian LordIn Economy, NewsPosted July 20, 2026

Egypt’s Pound Slides Past EGP 51 Even as Reserves Hit a Record High

Egypt's pound broke past EGP 51 as a global gold rout, not policy, shrank its reserve mix, even as remittances hit a record $43.1 billion...

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By Rian LordIn Economy, NewsPosted July 20, 2026

Egypt’s Plastic Recyclers Cash In While the Same War Drains Cairo

Cairo's plastic recyclers are cashing in on the Hormuz war, but Egypt's $10 billion Suez Canal losses and 17% fuel hikes show the bigger bill.

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By Rian LordIn Economy, NewsPosted July 20, 2026

Italy Becomes Egypt’s Largest EU Buyer as Cairo’s Gas Crisis Bites

Egypt's shipments to Italy hit $477.1 million in April on record refined fuel sales, even as Cairo pays nearly triple for the gas it must...

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By Rian LordIn Economy, NewsPosted July 18, 2026

Cairo’s Trash Pickers Cash In as Iran War Squeezes Plastic Supply

Egypt's Zabaleen recyclers are cashing in on Gulf shipping chaos, but the same peace talks that could end the war already cut their boom off...

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By Rian LordIn Economy, NewsPosted July 18, 2026

Egypt’s Gold Trade Nears $20 Billion as Households Flee the Pound

Egypt's gold trade is nearing $20 billion since 2022, but new data show raw bullion imports, not jewelry exports, are driving the boom as the...

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By Rian LordIn Economy, NewsPosted July 18, 2026

Egypt Leans on L’Oréal’s Cairo Exports to Ease a Dollar Squeeze

Egypt’s cosmetics market passed $900 million in 2025 as L’Oréal’s Cairo export hub, shipping 85% of output abroad, backs a bigger currency strategy.

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By Rian LordIn Economy, NewsPosted July 17, 2026

Iraq and Jordan Revive the Basra-Aqaba Pipeline Amid Hormuz Crisis

Iraq and Jordan agreed in Washington to fast-track the Basra-Aqaba pipeline as the Hormuz crisis pushes Brent crude toward $84 a barrel.

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By Rian LordIn Economy, NewsPosted July 13, 2026

Egypt’s Kaolin Output Surged 218% to Land 14th Globally

Egypt now ranks 14th in global kaolin output and 24th in talc, with kaolin production up 218% between 2020 and 2024, per the World Mining...

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By Rian LordIn Economy, NewsPosted July 13, 2026

Egypt’s BoP Deficit Narrows to $1.8 Billion on Record Gulf Remittances

Egypt narrowed its BoP deficit to $1.8 billion in the first nine months of FY2025/26 as worker remittances hit a record $43.1 billion, with the...

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By Rian LordIn Economy, NewsPosted July 13, 2026

Egypt Set to Stay Africa’s Largest Sugar Producer Through 2035

Egypt's sugar beet output is set to climb 4.8 million tonnes above baseline by 2035, keeping Egypt at the top of African production, the OECD-FAO...

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By Rian LordIn Economy, NewsPosted July 8, 2026

New WTO Study Maps Arab Countries’ Accession Path Forward

A new WTO, IsDB, AMF and ICDT joint study maps Arab WTO accession lessons, finding 14 of 22 Arab League states already in and seven...

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By Rian LordIn Economy, NewsPosted July 8, 2026

Saudi Aramco’s Record Asia Crude Cut Still Loses to Gulf Rivals

Saudi Aramco's August Asia OSP cut by $11 a barrel is the steepest in over 20 years, yet ADNOC, Iraq and Kuwait are still cheaper...

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