Interview: Minister Rachid Mohamed Rachid
Over the past year Egypt's emerging economy has received accolades for strides in development rates. The World Bank-International Finance Corporation's "Doing Business 2008 Report has described Egypt as the world's…
One-stop shops give business reforms a much needed push
Had you wanted to register a new company or commercial project in Egypt a few years ago, you would have gone through a bureaucratic nonstop paper chase from one government…
New players compete in telecom market
CAIRO: Since the last World Economic Forum on the Middle East in Sharm El-Sheihk took place in 2006, the telecommunications sector has expanded faster than any other industry in the…
As Western industry fades, Egypt tries to keep up with Asia in picking up the slack
CAIRO: Egypt wants to host your factory. This message resounds clearly enough throughout the heaps of state pamphlets and press releases published in the past year, most heralding industry as…
Staying on top of the competition
My job is to care for consumers and make sure they are not abused by the dominant positions of a few business players subjecting them to unreasonable prices or the…
Slaying the myths of bricks and mortar
CAIRO: Against a global background of house price slumps and the great Western recession, those ubiquitous vistas of real estate projects that dominate the Egyptian horizon might now seem in…
SECTOR SNAPSHOT: Is the construction sector threatened by high prices?
Complementing the boom in the real estate sector, the construction domain has also experienced a notable surge; however, the continuity of this upward trend remains in question by many analysts.…
Training the labor force of a growing economy
CAIRO: In his jeans and modest T-shirt, Ayman, 23, is listening attentively together with his colleagues to their instructor. Around 25 men in their 20s are seated in the neat,…
Trade agreements back up reforms
Since 2004, Egypt has been one of the Middle East's fastest growing economies. The International Monetary Fund's annual economic health check attributed the impressive economic growth to a winning combination…