Mohamed El-Bahrawi

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Latest by Mohamed El-Bahrawi

TNS: fuel prices and USD exchange rate will impact car purchases

The survey indicated that among high-income Egyptians who would potentially buy a car, 65% believe that the increase in fuel prices would factor into their choice of a car that is more fuel-efficient, while 18% felt that the rise in petrol prices would not affect their choice.

Petroleum giants level criticism at current contractual agreements model

While its true that the Egyptian petroleum industry has endured the past two years of consistent political turmoil better than most industries in Egypt, and has been somewhat successful in sidestepping many of the economic impediments brought about by the lack of stability and security, it is by no means impervious to the structural disarray and the flimsiness of the current government.


Security in times of austerity

If you’ve lived in Egypt long enough, you probably know that the police force is colloquially dubbed “the government.” It is the first arm of the government encountered by citizens in their daily lives. For as long as I’ve lived, there has always been a mutual sense of resentment, animosity and even contempt between the …

Mohamed El-Bahrawi

Democracy and the Egyptian experiment

Us Egyptians are proud and our honour reigns supreme. It doesn’t matter if you’re a wealthy businessman or a destitute employee, an illiterate farmer or an erudite scholar, a petty thief or an upright gentleman, a teenager or a grandparent, Muslim or Coptic, this particular susceptibility prevails among all Egyptians. It is part of our …


QNB in final stages of NSGB acquisition

Qatar National Bank (QNB) Group announced that it is in “definitive agreement” with the French bank Societe Generale concerning the acquisition of its entire stake in National Societe Generale Bank Egypt (NSGB). Societe Generale owns 77.17 per cent of NSGB. QNB Group will launch a mandatory tender offer (MTO) for 100 per cent of the …


Public trust in public servants

Looking at how the presidency chose to deal with last week’s turmoil, it has become increasingly difficult to find a silver lining. The dreadful sight of Egyptians killing one another over political beliefs with such conviction is unprecedented, and it makes me sick to see politicians use that to further their agendas with absolute disregard …

Daily News Egypt talks to ASEA president, Sunil Benimadhu. (DNE/ Hassan Ibrahim)

ASEA to launch the Pan-African Index

The President of the African Securities Exchanges Association (ASEA), Sunil Benimadhu, talks to Daily News Egypt, discussing Africa’s potential as an investment destination and the role of securities exchanges in promoting and benefiting from such potential.

Mohamed El-Bahrawi

A dictator by any other name

As social fissures deepen and clouds of bellicosity darken the skies of Egypt, threatening a deluge of violence, Morsy’s dismissive attitude reveals his once-masked dictatorial disposition. In his interview on Egyptian National Television, Morsy’s spoke in the tone of the patriarch, the father to all Egyptians, a tone quite reminiscent of his ousted predecessor. “Those …

Mohamed El-Bahrawi

Mr President, you win this round

“How did you get so powerful? They asked the Pharaoh. He retorted: there was no one to stop me.” At the expense of sounding cliché, this simple proverb about sums it up; the conception of Morsy’s latest omnipotence decree is firmly rooted in the notion that his opposition is too feeble to pose a serious …

Dr Michel Alaby speaks to DNE. (Photo courtesy of the Arab Brazilian Chamber of Commerce)

Brazilian trade and the Arab Spring economies

The General Secretary and CEO of the Arab Brazilian Chamber of Commerce, Dr Michel Alaby, talks to Daily News Egypt about investment prospects and enhancing trade relations between Brazil and Egypt

Mohamed El-Bahrawi

The IMF loan in the context of economic reform

The air of ambiguity surrounding Egypt’s receipt of the IMF loan provides a distraction from what the loan is really about, and the clandestine nature of the negotiations goes a long way towards substantiating the true objective of the loan. For the sake of dodging bouts of public rage in times when they’re as frequent …

Hatim Salah, Minister of Industry and Foreign Trade, right, signs one of the EU-Egypt task force agreements. (PHOTO BY MOHAMED OMAR)

EU-Egypt pact signed

Investors still remain timid of the high risk they would be assuming by pouring large investment into Egypt

Mohamed El-Bahrawi

Investment and our bipolar administration

Drops of tax “reforms” have been percolating from the cabinet to the public over the past few days, leaving the latter surprised, bewildered and anxious as to what’s yet to come. Wednesday the government approved a progressive income tax and variety of taxes on the securities market. Yesterday, a one per cent bump in sales …