Economy 2024-01-13

Iran-backed Houthis' attacks in the Red Sea have disrupted livelihoods in al-Hodeidah, as most families depend on fishing as a main source of income.

Economy 2024-01-05

Chinese investment in Egypt increased by 317% from 2017 to 2022, raising concerns that Beijing's Belt and Road Initiative is a cover for 'debt-trap diplomacy' and expanded military presence.

Economy 2024-01-01

The high cost and limited availability of food in impoverished and war-torn Yemen are a major consequence of the Houthis' attacks in the Red Sea.

Economy 2023-12-26

Shipping traffic in the Suez Canal, a key source of revenue for Egypt, has been affected by the Houthis' threats and attacks in the Red Sea.

Economy 2023-12-21

If ships do not pass through the Red Sea and Suez Canal, they need to travel around Africa, which adds considerable time and expense to journeys.

Economy 2023-12-08

With wheat imports from Russia and Ukraine stalled and a raft of competing challenges, Egypt has ensured its people have bread.

Economy 2023-11-19

European Union and International Monetary Fund aid will help the kingdom weather financial shocks, including from the Israel-Hamas war.

Economy 2023-11-01

Disruptions of supply routes and soaring prices have continued to plague Egypt, which is particularly vulnerable to market fluctuations with this vital cereal crop.

Economy 2023-10-26

Neighboring countries, especially those that rely on tourism, are feeling the effects of the conflict triggered by Hamas's attack on Israel.

Economy 2023-10-06

Confronted with food shortages, a collapsing currency and unemployment, some women have turned to handicrafts to make a living.