Doaa Elsayed

Economic Journalist

Latest stories

Explainer| How Egypt avoided a dollar crisis during the Iran conflict

Urban & Economy_

Despite an estimated $8 billion in hot money outflows, exchange rate flexibility and robust dollar reserves shielded the Egyptian economy from another liquidity collapse like 2022.

Mohamed Gad_ 16-4-2026

Explainer| How Egypt avoided a dollar crisis during the Iran conflict

Egypt’s debt trap tightens as war on Iran bites

Urban & Economy_

War-related shocks are exposing the fragility of Egypt’s recent economic gains, with rising import costs and weaker inflows reviving borrowing pressure.

Doaa Elsayed_ 24-3-2026

Egypt’s debt trap tightens as war on Iran bites

Debt swaps and the devil in the details

Urban & Economy_

Egypt is moving past "quick fix" land sales like Ras El-Hekma to historic debt swaps. But is the $8B China deal a developmental win or a Sri Lanka-style risk?

Doaa Elsayed_ 11-1-2026

Debt swaps and the devil in the details

Dollar drain: Egypt’s government crowds out the private sector

Urban & Economy_

Egypt’s public sector doubled its dollar borrowing from local banks, squeezing private firms and prompting fresh warnings from the IMF over rising fiscal risks.

Doaa Elsayed_ 4-8-2025

Dollar drain: Egypt’s government crowds out the private sector