Skip to content

Egypt Considers Raising $2.5 Billion as Economic Pressure Builds

  • A drop in tourists, high oil prices have hit the country hard
  • The Russia conflict has also put pressure on Egypt’s currency
The Egyptian flag in Cairo, Egypt.

The Egyptian flag in Cairo, Egypt.

Photographer: Khaled Desouki/AFP/Getty Images

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Egypt is considering raising a loan of about $2.5 billion, according to people with knowledge of the plans, as economic pressure in the North African nation intensifies.