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
  • BUSINESS & INNOVATION
  • OPINION
  • 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
  • JERUSALEM POST EN ESPANOL
  • 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


Top Stories
US PRESIDENT Donald Trump over a background of Hamas members.
Why did Hamas give up Gaza hostages?
REPORT
Hostages could be released as early as Sunday
INTERVIEW
Ben Shapiro warns of antisemitism and conspiracy in America
Nitzan Alon shakes Qatari PM al-Thani's hand, reportedly after negotiations ended early Thursday morning.

How did Trump, Gulf nations broker Gaza deal?

ANALYSIS
A poster of Iranian Supreme Leader Ayatollah Ali Khamenei is seen at a major Palestine Action rally in central London's Trafalgar Square.

Who are the supporters of Palestine Action in the UK?

FRONTLINES
FRONTLINES
Israelis relieved, not euphoric, at Hamas war's end
Trump to hold summit of world leaders about Gaza in Egypt
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