Who can afford a beach house on the ‘wicked coast’?
Urban & Economy_
Skyrocketing property prices on Egypt’s “wicked coast” raise fears of a looming bubble, as Gulf buyers, expats, and elites drive demand beyond most locals’ reach.
2.3 million in debt: Chasing relief in Egypt’s consumer credit boom
Urban & Economy_
With inflation high and incomes strained, millions of Egyptians are turning to consumer credit to meet basic needs—fueling a lending boom that’s as risky as it is necessary.
