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EGP Under Pressure: Egypt’s Economy Amid Middle East Escalation

Egypt is once again dealing with the economic fallout from the unrest in the Middle East as regional conflict intensified in late February 2026. Fears of instability across the Middle East have been rekindled by escalating tensions between the US and Iran, punctuated by recent military strikes involving both Washington and Tel Aviv.

Updated 3/5/2026 10:49:00 AM
US urges Americans to leave Egypt, other Middle East countries amid Iran strikes

The US Department of ‌State has called on American citizens to leave more than a dozen countries in the Middle East, including Egypt, amid US-Israeli strikes against Iran.

Updated 3/3/2026 9:23:00 AM
Silver prices fluctuate due to regional conflict

Silver prices showed fluctuations on Monday as the regional war continues to escalate, according to Dahab Masr’s data by 1:08 pm.

Updated 3/2/2026 1:16:00 PM
USD trades above EGP 49-mark at Egyptian banks

The US dollar hit a new record on Monday, trading at EGP 49.45 for purchase and EGP 49.55 for sale at the Commercial International Bank Egypt (CIB).

Updated 3/2/2026 11:47:00 AM
Oil prices spike after ship attacks near Strait of Hormuz escalate Iran crisis

Oil prices jumped on Monday, as the Iranian crisis worsened after at least three ships were attacked near the Strait of Hormuz.

Updated 3/2/2026 9:26:00 AM
Arab Bridge Maritime expands Red Sea sailings amid regional flight disruptions

Arab Bridge Maritime Company, jointly owned by the governments of Egypt, Jordan, and Iraq, is operating normally and safely, with daily sailings continuing on the Aqaba–Nuweiba international route and the Aqaba–Taba tourist line.

Updated 3/2/2026 7:51:00 AM
UAE stock markets halt trading for 2 days after Iran strikes

Both Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will be closed on March 2nd and March 3rd due to the current situation in the Middle East, the UAE Capital Market Authority announced.

Updated 3/2/2026 7:20:00 AM
Silver prices skyrocket on rising geopolitical tension

Silver prices jumped following joint strikes from the US and Israel on Iran, according to Dahab Masr’s data by 1:13 pm.

Updated 3/1/2026 1:27:00 PM
Egypt mobilizes 3 ministries to safeguard trade flows as Middle East tensions rise

The Egyptian government has adopted a strategy to meet the needs of three ministries amid rising regional tensions following US strikes in the Gulf region.

Updated 3/1/2026 12:36:00 PM
Maersk to temporarily reroute ships from Suez Canal amid Red Sea security concerns

Maersk will temporarily reroute some of its vessels away from the Suez Canal, citing “unforeseen constraints” in the Red Sea region.

Updated 3/1/2026 10:53:00 AM
Gold rallies on escalating US-Israel strikes on Iran

Gold prices hiked significantly on Sunday as investors moved into safe-haven assets following the US-Israel strikes on Iranian targets.

Updated 3/1/2026 10:26:00 AM
Israel halts LNG imports to Egypt following strikes on Iran

Israel has halted liquefied natural gas (LNG) exports to Egypt after a joint US-Israel strike on Iran.

Updated 3/1/2026 8:52:00 AM
EgyptAir halts 13 Middle East routes as Iran-Israel escalation closes airspace

EgyptAir has suspended its flights from Cairo to 13 Middle Eastern cities until further notice due to escalating regional tensions.

Updated 3/1/2026 7:44:00 AM
Madbouly forms crisis committee to monitor Iran-Israel military escalation

Prime Minister Mostafa Madbouly has issued a decree establishing a high-level “Crisis Committee” under his leadership to monitor the repercussions of ongoing military operations between Iran and Israel.

Updated 6/16/2025 4:11:00 PM
US dollar strengthens globally due to Israel-Iran conflict

The US dollar went up on Monday against major currencies amid rising tension in the Middle East, Reuters reported.

Updated 6/16/2025 8:49:00 AM
Global gold prices hit 2-month high on Middle East tensions

Gold prices soared for the fourth consecutive session to a near two-month high on Monday, as Iran-Israel clashes pushed investors towards safe-haven assets

Updated 6/16/2025 8:33:00 AM
USD/EGP exchange rates stable at Egyptian banks on Monday

The exchange rate of the US dollar to Egyptian pound hit EGP 50.21 for buying and EGP 50.31 for selling at the National Bank of Egypt (NBE) as well as Banque Misr on Monday.

Updated 6/16/2025 3:26:00 AM