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Egypt’s Economy Stabilizes Amid Ongoing Poverty Issues

5 December 2025
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Egypt’s Economy Stabilizes Amid Ongoing Poverty Issues
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Egypt gained international attention in late 2023 by hosting the Sharm el-Sheikh conference with President Trump advocating for a Gaza ceasefire and the opening of the Grand Egyptian Museum. Domestically, parliamentary elections revealed a dominance of pro-government parties amid criticisms of restricted political participation. Despite a recent economic crisis, capital inflows from the IMF and Gulf nations improved Egypt’s economy, leading to stability and increased exports. Business owners noted enhanced conditions, although salaries remain lower than before the 2024 devaluation.

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Tags: Business and EconomyEconomyEgyptEgyptsElectionsissuesMiddle EastNewsongoingPovertyStabilizes
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