Latest in Tag: policy Highlight

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Latest in Tag: policy

Needed: a new national export policy 

The Donald Trump administration aims to lower imports in order to rebalance, after decades of neglecting economic relationships around the world. Doing so should not only be done by applying the stick of import reductions, but also by having as its second major claw of strength and refinement the principal tool of export promotion. Exports …

Michael Czinkota

Richard Banks

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 …

Richard Banks

What do Egyptians want from the United States?

Sometimes when I find myself exposed to US policy regarding Egypt, I hear a lot of commentary from American researchers and journalists. What draws my attention most with regards to some of these commentaries, and attracts the most displeasure with regards to the volume of criticism levelled against American policy throughout the region, is when …

Farid Zahran

Review: Commentaries denounce Morsy’s ratification of Shura Council figures

Columnists explored president Morsy’s recent decision to appoint a new list of Shura Council members. Some writers believe the move will polarize Egypt even further. Other writers continue to blame all political groups for the continuing violence in Alexandria, especially those last Friday.   An open message to the President Hassan Nafaa Al-Masry Al-Youm newspaper …

Fady Salah

Review: Columnists tackle retail curfew and Shari’a

The government’s U-turn on the proposed retail closing time law has attracted the attention of many Egyptian columnists, with many describing the cabinet’s approach as an imitation the Mubarak era methodology, while ignoring the shop owners’ concerns in the matter. In the Arab region, other writers deplored a number of pressing issues, with a focus …

Daily News Egypt

Does the Islamists’ rise to power achieve American interests?

In light of the lack – and at times absence – of information, accurate political analysis has become extremely difficult to come by. Hence, we can say without any exaggeration that efforts of analysts in our country rely upon guesswork and whatever information has been scattered and spread as rumours, which find their way the …

Farid Zahran

Swimming against the current

The government’s prescription to treat the economic recession we’re currently enduring has been a two-fold solution of increasing foreign investment and seeking more international loans. The monetary policy of maintaining the stability of the Egyptian pound against depreciation is a top priority. But how long can the state keep this up? How overvalued is the …

Mohamed El-Bahrawi

Shahira Amin

The volcano erupts

The outpouring of rage in Islamic countries isn’t just about a low-budget film insulting the prophet Muhammad. It is the eruption of a volcano that has been simmering for the past eleven years

Shahira Amin

Value Added Tax heads taxation reform discussion

Under the slogan “Future Tax System and its Impact on the Economy and Investment,” the Egyptian Society for Taxation (EST) sponsored a conference yesterday, discussing new reforms which would enhance the Egyptian taxation system. The conference was headed by Ahmed Sawqqi, chairman of the EST, and attended by Mamdouh Omar, the newly appointed chairman of …

Islam Serour

US business delegation arrives in Cairo

A United States business delegation arrived in Cairo yesterday for a four day visit to discuss economic cooperation to bolster the ailing economy through developing the private sector. The US chamber of Commerce and the US-Egypt Business Council (USEBC) will lead, in collaboration with the American Chamber of Commerce in Egypt (AmCham Egypt), a business …

Islam Serour

Islamic Sukuk forecast to exponentially increase

The demand for Islamic Sukuk is expected to reach to $900 billion by 2017, according to Ernst & Young’s Global Islamic Banking of Excellence (GIBE) estimates. Ernst & Young’s GIBE reports that the forecasted exponential increase in demand for Sukuk stems from the growth of Islamic banking industry, and the increasing demand for financial tools …

Islam Serour

ECB hints at new bond-buying scheme

Details of a new bond buying plan by the European Central Bank (ECB) fueled a surge in some Spanish and Italian debts and increased mediated talks between European leaders. German Chancellor Angela Merkel met with the President of the European Union (EU) Herman van Rompuy in Berlin on Tuesday, while French President François Hollande travelled …

Luiz Sanchez

Is Morsy pivoting eastwards?

Last week was quite eventful for our illustrious president. From his visit to China to his presence in the Non- Aligned Movement’s (NAM) summit, Morsy’s political clout has been progressively expanding as he strives to reinvigorate the image of Egypt, the leader of the Arab world. Since his ascent to power, Morsy has confidently taken …

Mohamed El-Bahrawi

Government to enforce Competition Protection Act

The government plans to re-enforce article 10 of the Competition Protection and Monopoly Prevention Act (CPMPA), according to Minister of Industry and Foreign Trade Hatem Saleh. The Citizens Against Price Rise Association (CAPRA) recommended reviving article 10 of CPMPA, which stipulates that the prime minister has the right to set the price of one commodity …

Islam Serour