The Jerusalem Post - Israel News
  • CONFERENCES
  • ISRAEL NEWS
  • WORLD NEWS
  • MIDDLE EAST
  • BUSINESS & INNOVATION
  • DEFENSE & TECH
  • OPINION
  • JP STORE
LoginSubscribe
  • JPOST DIGITAL LIBRARY
  • HOME PAGE
  • THE JERUSALEM REPORT
  • DEFENSE & TECH
  • OPINION
  • BUSINESS & INNOVATION
  • JERUSALEM POST EN ESPANOL
  • REAL ESTATE LISTINGS
  • ALIYAH
  • JERUSALEM POST CONFERENCE
  • PREMIUM
  • JP STORE
  • Categories
  • ISRAEL NEWS
  • WORLD NEWS
  • MIDDLE EAST
  • ARAB ISRAELI CONFLICT
  • US POLITICS
  • DIASPORA
  • OPINION
  • PODCAST
  • JUDAISM
  • KABBALAH
  • CHRISTIAN WORLD
  • HEALTH & WELLNESS
  • SCIENCE
  • LAW
  • ARCHAEOLOGY
  • OMG
  • ENVIRONMENT & CLIMATE CHANGE
  • FOOD & RECIPES
  • HISTORY
  • SPONSORED CONTENT
  • ADVERTISE WITH US
  • TERMS OF USE
  • PRIVACY POLICY
  • CONTACT US
  • CANCEL SUBSCRIPTION
  • CUSTOMER SERVICE
  • ABOUT US
Jerusalem Post/Middle East

Egypt: How a once fabulously wealthy nation became mired in financial crisis

Today the once fabulously wealthy African country has become an economic basket case unable to finance its foreign debt of about $165b nor feed its burgeoning population of 114 million people.

 Egyptian President Abdel Fattah el-Sisi visits the memorial and performance grounds after his swearing-in ceremony for his third term in the New Administrative Capital (NAC) in the east of Cairo, Egypt, on April 2.
Egyptian President Abdel Fattah el-Sisi visits the memorial and performance grounds after his swearing-in ceremony for his third term in the New Administrative Capital (NAC) in the east of Cairo, Egypt, on April 2.
(photo credit: THE EGYPTIAN PRESIDENCY/REUTERS)
ByGIL ZOHAR
JUNE 3, 2024 12:31
Read More

See more on

Egypt|
Abdul Fattah al-Sisi|
history|
economy


Related Articles
Lebanese army members stand on a military vehicle during a Lebanese army media tour, near the border with Israel, southern Lebanon, November 28, 2025
EU may boost Lebanese forces to help disarm Hezbollah
Inside Bashar al-Assad's exile in Russia, one year later
New Syrian leaders celebrate fall of Assad one year later
 Smoke rises, after Syrian rebels announced that they have ousted Syria's Bashar al-Assad, in Damascus, Syria, December 8, 2024.

Syrian regime change: One year since HTS overthrew Assad

Fadi a-Dayeb

Hamas kidnaps Palestinian merchant in Gaza Strip

Hamas says it may freeze weapons under ceasefire
Qatari PM says Hamas ties began at US request
The Jerusalem Post - Israel News

Information

  • About Us
  • Contact us
  • Terms Of Service
  • Privacy Policy
  • Subscriber Agreement
  • JPost Jobs
  • Cancel Subscription
  • Sitemap
  • פרסום בג'רוזלם פוסט
  • JP Store
  • Customer Service
  • Advertise with Us

The Jerusalem Post Group

  • World News
  • Iran News
  • MDA Heroes
  • The Jerusalem Report
  • Jerusalem Post Lite
  • Real Estate Listings
  • Precious Metals
  • Astrology
  • Consumerism
  • Ono Conversation Corner

Tools and services

  • JPost Premium
  • JPost Newsletter
  • Ivrit Talk
  • RSS feed
  • JPost.com Archive
  • Digital Library
  • לוח חגים ומועדים 2024
  • Lists of Jewish holidays
  • חדשות מעריב
  • זמני כניסת שבת

Sites Of Interest

  • Poalim Online
  • JNF-USA

Copyright ©2025 Jpost Inc. All rights reserved

•

Terms of Use

•

Privacy Policy