Euromoney: CI Capital to extend foothold in the Gulf
Atallah stated that the interim government’s main role is to target short-term remedies to deal with current economic issues to help set the base for recovery.
Euromoney: Gross revenues increased by more than 40% over past year, $700m in revenues expected this year: Samsung Egypt General Manager
Market share for smartphone is around 70%. Over 800 Egyptian employees work in the Beni Suef Samsung facility. Samsung aspires to expand its export capabilities from Egypt to reach the…
Euromoney: Trimming the budget deficit, the government’s challenge
Despite the government's commitment to reduce the budget deficit to nine percent by the end of the current fiscal year, new challenges such as the new minimum income law are…
Euromoney: Nielsen Consumer Confidence Index Q3 reveals:Consumer confidence in the economy rose 6 points among Egyptians in Q3
Egyptians are the most concerned nation about Terrorism
Euromoney: Egypt needs to compare itself with the competition in the region: CEO of GACIC
You can’t blame the political turmoil entirely as a reason. What we are experiencing here is a weakness that was in the Egyptian economy before 2011. Mining, machine manufacturing and…
Euromoney: Technology sector to attract EGP 20bn of investments this year: Minister
Sector to grow by about 10% in 2013/2014 Forecasted investments slid from EGP 20bn to 24bn due to political turmoil in first-quarter Ministry aims to broaden room for competition Integrated…
Euromoney: Army does not influence the Egyptian economy in any way: Military spokesman
In response to questions about their food product factories, the military spokesman insisted that “the military is responsible for 400,000 recruits.
Roadmaps and roadblocks: Egypt’s political transition
Interim government lays out transitional roadmap, 50-member ConstituentAssembly amending 2012 constitution, but challenges remain
Outside looking in: An international perspective on Egypt’s economy
Reform is needed to boost investor confidence and bring back higher levels of FDI Bessma Momani has a PHD in political science with a focus on international political economy. She…
Bribery and corruption complaints office set up
Lawyer says the move is positive but caution is necessary