Egypt

Egypt's Economic Nightmare: How Sisi's $300 Billion Project Spelled Disaster For Egypt 1

Egypt’s Economic Nightmare: How Sisi’s $300 Billion Project Spelled Disaster For Egypt

Egypt’s economic woes worsened under President Abdel Fattah el-Sisi, whose ambitious $300 billion New Administrative Capital project has exacerbated poverty and inequality. Sisi’s regime faces a severe debt crisis, forcing austerity measures that disproportionately burden the poor while enriching military elites and their allies. Despite massive investments in mega-projects, Egypt’s

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Egypt Unveils World’s Largest Water Treatment Plant 1

Egypt Unveils World’s Largest Water Treatment Plant

Egypt has inaugurated the Hamam sewage treatment plant, the largest in the world, as part of the New Republic initiative. It’s located in the western Delta region, a significant step in Egypt’s water management strategy. Egypt’s administration has demonstrated its resilience in the face of global economic difficulties by implementing

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These Are The World's Wettest (And Driest) Countries 1

These Are The World’s Wettest (And Driest) Countries

Based on the most recent World Bank data, the world’s wettest and driest countries are Colombia and Egypt, respectively. The world’s wettest and driest countries are a study in opposites, ranging from countries with tropical rainforests to those with sand deserts in North Africa and the Middle East. Based on

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10 Countries Most In Debt To The IMF 1

10 Countries Most In Debt To The IMF

Using data from the International Monetary Fund on Total IMF Credit Outstanding, the 10 countries most in debt to the IMF are listed here, with Argentina and Egypt topping the list. The International Monetary Fund (IMF), which was founded in 1944, offers financial assistance and policy recommendations to nations to

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