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Agility (part 2)
In the previous article, we looked how important it is for Egypt to have an economy that is resilient to external and internal shocks without unnecessarily constraining the change, innovation, openness, and flexibility necessary to create a sustainable growth. The challenge for policymakers is to find the right balance; and to help them do this, …
Bureaucracy biggest barrier to launch startups in Egypt: investors in Euromoney Conference
A session held on the sidelines of the Euromoney Conference on Tuesday concluded that bureaucracy is seen by investors as the biggest barrier to create a startup in Egypt. According to a survey, some investors hoping to access the market in Egypt perceive accessing to angel and venture capital as the second biggest barrier hindering …
Financial inclusion, Increasing investments highlights of Euromoney Conference’s second session
Egypt Ventures has provided 200,000 jobs, which is the highest employment rate in the Egyptian market, according to Marzban
Egypt to tap debt market again as investor confidence grows, says Finance Minister
Egypt finance minister Amr El Garhy said that the intention to tap debt market again is based on the growing confidence of investors in Egypt economy. El Garhy who was speaking on the sideline of Euro Money Conference kicked on Tuesday in the Egyptian capital Cairo. When the finance minister was asked about the funding …
Sharp decline in health sector’s investments during 2017
Investors demand the government to provide land in new cities at low prices to encourage local investors
Flotation toughest, most daring decision between Euromoney 2016, 2017: Fayed
The economic reform programme is a new breakthrough for economic growth and financial stability
Industrial investment map to be completed by the end of September
Industry Ministry receives investment request with investments of $16b
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In Video: Euromoney conference: Tarek Kabil’s remarks on past failures, future’s potential
Real estate bubble does not exist in Egypt: developers
80% of lands are not developed and the growth in the sector is just 7%, says Rooya CFO
The government’s new SMEs entity and the future of SMEs in Egypt
Having all the mechanisms for handling SMEs under one roof will facilitate the process of establishing and funding SMEs, says Marzban
The currency’s devaluation is imminent: CEO of NI Capital
Most of economic experts agreed that the exchange rate will be EGP 11.5-12 to the US dollar
More liberalised exchange rate regime is one of the tools to solve foreign currency shortage: Amr El-Ganainy
Proper legislation has to be issued to incorporate the informal economy into the official one, says president of global customer relations at CIB
A vital autumn for Cairo’s policy-makers
Egypt has recently been the subject of a number of deeply unflattering articles in the international business media. Many criticisms have been levelled at the actions, and inaction, of Cairo’s economic policy-makers. These criticisms have not made many friends in Egypt—so I do not propose to repeat them. I also think that, like much …
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21st Euromoney Conference to open in Egypt on 19 September
This year’s Euromoney Conference will be held in Egypt from 19 to 20 September and will be attended by Minister of International Cooperation Sahar Nasr, who will review investment opportunities in Egypt and potential economic partnerships. A group of senior government officials will also participate in the conference and take part in the Euromoney …
Arab Bank Group’s net profits to end of September reach $615.1m
These results reflect the bank’s successful execution of its strategy, despite the challenging environment, says group’s chairman
IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director
There is much space for future PPPs in infrastructure, port expansions, and industrial and logistics zones, says Shousha
Government to reach agreement regarding Cairo Capital: Salman
Master plan to be prepared by consultancies
Over 600 investors, policy makers to participate in Euromoney conference
Ashmore Group looks forward to investments in Egypt, says Middle East director at Euromoney Conference
20 years from now – the future of foreign investment in Egypt
Only a very few societies have managed to combine massive population growth with massively increased wealth, Banks says
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Euromoney Conference: North coast land to be offered in February’s Economic Summit: Minister of Tourism
Government targets EGP 19bn investments with 28msquare metres of land, says an official source at the Ministry of Tourism
Euromoney Conference: Construction and real estate sectors need better governance: Real estate developers
Egypt’s construction and real estate market has growth potential, says real estate company regional director
Reactions to the presidential statement to Daily News Egypt
First 100 days under Al-Sisi rule witnessed launch of mega projects to increase investment opportunities
Reducing subsidy expenses essential to jumpstarting Egypt’s economy: Economists
Reducing subsidy system expenses in the 2014/2015 fiscal year (FY) budget will help drive Egypt’s economy forward, economic analysts said at the Euromoney Conference, currently being held in Cairo.. It is essential to reduce public expenses for Egypt’s economy, especially with regards to the energy situation, said Managing Director of Qalaa Holding Hisham El-Khazindar. El-Khazindar …
2 projects comprising investments of $3.5bn included in company’s long-term plan: Basil El-Baz
By Alia Stohy and Mahmoud Al-Qasas The Carbon Holdings Company is planning to present its initial public offering (IPO) to the main stock exchange at the value of $2 billion. The company nearly resolved negotiations with four investment banks to put 35 percent of its shares on the market, despite the fact that it is …
Current government will not raise petroleum product prices: Planning minister
National investment veered off its developmental course and we seek to resolve the financial entanglements with government agencies, says El-ArabyBy
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Euromoney Conference: Egypt’s economic summit under the microscope
The business and financial community awaits the Egyptian government’s economic plans to be revealed during the Sharm El-Sheikh summit to be held at the end of 2014 or early 2015. The plans are expected to involve procedures correcting Egypt’s economic path amid the government’s efforts to restore international and local market in the economy. Egypt’s …
90% of energy subsidies to be lifted within 3 years: Finance minister
IMF assessment of Egypt’s economy still due before the economic summit, with goal to restore international market confidence, says Dimian
Egypt aiming to attract EGP170bn in investments by 30 June: Minister of Investment
Saleh says Suez Canal’s Term of Reference is to be issued at end of the month
Euromoney conference 2013
The conference gathers industry leaders and government figures to address these changes to create a clearer picture for international investors.
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.