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Found 8 listings

Egypt’s Inflation Rate Expected to Rise After Fuel Price Hike

Location:
alexandria, egypt, Egypt, Middle East
Incident Date: July 31, 2024
Instability Rating Max 5.0: 2.00
Summary: Egypt's inflation rate, which was approximately 30 percent in May, is projected to increase by 3 to 4.5 percentage points following a significant fuel price hike implemented on July 25, according to Deputy Finance Minister Ahmed Kojak. The fuel prices were raised by up to 50 percent as part of the conditions of a USD 12 billion International Monetary Fund (IMF) loan agreement. Despite a recent decline in inflation to 27.5 percent in June, [...]

Egypt: Sharp increase in metro fares in Egypt

Location:
cairo, egypt, Egypt, Middle East
Incident Date: July 31, 2024
Instability Rating Max 5.0: 2.00
Summary: The Ministry of Transport has announced a price increase for metro tickets, effective Thursday, August 1. The new prices are as follows: a ticket for up to 9 stations will cost EGP 8, up from EGP 6; a ticket for 10 to 16 stations will now cost EGP 10, previously EGP 8; for 17 to 23 stations, the price will rise to EGP 15, previously EGP 12; and tickets for journeys exceeding 23 stations [...]

Egypt: Boating Incident on Nile River Claims Five Lives, Nine Injured

Location:
nile river, cairo, egypt, Egypt, Middle East
Incident Date: July 30, 2024
Instability Rating Max 5.0: 2.00
Deaths: 5
Fatalities type:
  • Civilian
  • Foreign national
Wounded: 9
Summary: A boating accident on the Nile River has resulted in the deaths of five individuals and injuries to nine others, including both Egyptian and Saudi citizens. The incident occurred on Tuesday, July 30, when a private riverboat, designed to carry only four people, capsized while carrying 14 passengers. Among the deceased are four children aged between eight and 15 years and a 65-year-old man. The nine injured passengers, including a Saudi family of eight, [...]

Egypt: Thousands of Textile Workers Strike for Better Conditions and Wages in Mahalla al-Kubra

Location:
Mahalla Al Kubra, Gharbia, Egypt, Egypt, Middle East
Incident Date: February 27, 2024
Summary: Thousands of workers at the Misr Spinning and Weaving Company (MSWC) in Mahalla al-Kubra, Egypt, have been on strike since Thursday. The strike, led by female workers, erupted in protests for higher wages and better working conditions. The workers demanded an increase in their daily food allowance and the implementation of the recent increase in the minimum wage for the public sector. Around 7,000 workers gathered on Saturday to reinforce their demands. The military [...]

Egypt: At Least 10 Dead in Nile Ferry Sinking near Cairo

Location:
monshaat al qanater, Egypt, Middle East
Incident Date: February 26, 2024
Instability Rating Max 5.0: 2.50
Deaths: 10
Fatalities type:
  • Civilian
Summary:
A ferry carrying day laborers sank in the Nile near Cairo, Egypt, resulting in at least 10 deaths out of 15 people on board. The cause of the sinking is not immediately clear. The laborers were en route to work at a local construction firm. Five survivors were transported to a hospital [...]

Egypt sends military reinforcements along the Gaza border

Location:
El Sheikh Zoweid, Al Shiekh Zuwaid, North Sinai, Egypt, Egypt, Middle East
Incident Date: February 12, 2024
Instability Rating Max 5.0: 3.00
Summary: According to sources familiar with the matter and eyewitnesses, Egypt has bolstered its security presence along the Gaza border. Heightened security measures, including increased patrols and reinforcements, have been observed in the vicinity of the Rafah and Kerem Shalom crossings. These actions come in response to Israel's announcement of a planned military operation in the border city of Rafah. Additionally, maintenance efforts are underway to [...]

Egypt: One killed, six arrested in gun battle on Egypt-Israel border

Location:
Nizzana, Southern District, Israel, Egypt, Middle East
Incident Date: January 17, 2024
Instability Rating Max 5.0: 3.50
Deaths: 1
Fatalities type:
  • Civilian
Arrests: 6
Summary: A gunfire broke out near Nitzana, Israel, along the border crossing separating Egypt and Israel. The incident, which involved more than a dozen people, resulted in the death of one person. Six people were arrested. The Egyptian authorities insist that the incident was related to a drug trafficking gang, however, there has been palpable tension due to the ongoing violent conflict in the region with many [...]