Egypt’s parliament on Tuesday approved a cabinet reshuffle proposed by President Abdel Fattah el-Sisi, targeting mainly key economic portfolios as the country grapples with prolonged financial strain and regional instability.
An economy-focused government © ENN
Egypt’s parliament on Tuesday approved a cabinet reshuffle proposed by President Abdel Fattah el-Sisi, targeting mainly key economic portfolios as the country grapples with prolonged financial strain and regional instability.
Egypt’s economy has been under pressure for years, weighed down by austerity measures introduced under a 2016 International Monetary Fund program, the COVID-19 pandemic and the fallout from the war in Ukraine.
More recently, the war in Gaza and Houthi attacks in the Red Sea have sharply reduced revenues from the Suez Canal, a vital source of foreign currency. Repeated currency devaluations and rising fuel and transport costs have further strained living standards.
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The new Egyptian government
By Nadim Gorba
On April 15, 2026, the war in Sudan entered its fourth year, a grim milestone that passed largely unnoticed, overshadowed by conflicts elsewhere. Yet the United Nations has called it unequivocally the world's worst humanitarian crisis.
Germany pledged a further 20 million euros ($23.6 million) to Sudan this year, the development ministry said on Wednesday, ahead of an international aid conference hosted in Berlin that is aiming to gather more than $1 billion in funding commitments.
Two arms brokers arranged illegal deals to supply ex-Soviet surface-to-air missile systems to South Sudan and fighter jets to Libya during its civil war, British prosecutors told a London court on Tuesday.
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