International government bonds issued by Egypt increased on January 15th after Israel and Hamas reached a ceasefire agreement.

Egypt has welcomed 15 million tourists since the Gaza conflict began on October 7th, 2023.

The United Nations (UN) has forecasted that the Egyptian economy could lose about $20 billion during the current and upcoming fiscal years (FYs) 2023/2024 and 2024/2025 if the ongoing conflict in Gaza escalates further.

The direct impact of the war in Gaza on Egypt is mostly reflected in a 55% to 60% decline in the Suez Canal traffic, International Monetary Fund's (IMF) Managing Director Kristalina Georgieva stated.

Egypt has hospitalized more than 20,000 injured Palestinians since the outbreak of this year’s Gaza-Israel conflict, according to a statement by the Egyptian cabinet.