Tuesday, September 30, 2025

Ahmed El-Sayed Al-Naggar

Egypt’s debt crisis: How it happened and how we could end it

Much of Egypt's economic crisis is centred around foreign and domestic debt.  Foreign debt stood at $168 billion in January 2024 before declining to $152.9 billion at the end of June after the Ras al-Hikma land sale deal with an Emirati company which was...