Egypt Archive
Egypt
Egyptians are looking to Abdel Fattah al-Sisi to breathe life back into the economy following his victory in presidential elections, but analysts say the former field marshal is
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Egypt
Egypt's hotel occupancy rates continue to fall as the country's hospitality sector reels from the continued political turmoil.
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Egypt
Amid the gloom, Egypt's real estate sector continues to remain resilient.
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Egypt
Amid the gloom, Egypt's real estate sector continues to remain resilient.
SODIC, or Sixth of October For Development and Investment Company, saw strong new sales in the second quarter
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Egypt
Government expenditure has risen 45%, taxes 28% and subsidies 79% since the Egyptian revolution, according to a new report.
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Egypt
Egypt is the fifth most likely country set to default according to latest data from S&P; Capital IQ.
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Egypt
The Egyptian market soared more than 7% as news of the Muslim Brotherhood government's ouster was announced and investors hoped it would lead to greater market-focused economic decision-making.
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Egypt
In an ironic twist, the Egyptian army has saved democracy-seeking citizens from the Muslim Brotherhood. And while there is much rejoicing among the liberal, secular and even Salafists,
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Egypt
Around 483 hotels comprising nearly 119,000 rooms are in the development stage in the Middle East North Africa, according to STR Global.
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Africa
The Egyptian economy appears to be free falling as crisis after crisis seems to chip away at business confidence.
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Egypt
The Arab World is getting hotter and drier, and there is a danger that the snow-peaked caps of Lebanon, Arabian Gulf coastal areas and coral reefs threaten the
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Egypt
The Middle East tourism industry's progress was cut short by the Arab Spring crisis and it's still reeling from the after shocks that reverberate in countries across the
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Egypt
Countries hit by the promising but disruptive Arab Spring will need financing to the tune of USD43-billion next year, according to the International Monetary Fund (IMF).
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Egypt
Middle East states fared poorly in a new edition of a survey that measures their business friendliness. The
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Egypt
BP's decision to reportedly spend USD11-billion in Egypt's deep-water gas deposits is a significant move by the oil major which could be a game-changer for the country's economy.
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Egypt
Investors are circling around Egypt's key sectors, looking for opportunities and bargains on undervalued prices of key assets.
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Egypt
Tweet CharlesFred / Foter / CC BY-NC-SA One of the core reasons why Arab youth spilled on to the streets during the Arab Spring was their inability to
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Egypt
The Egyptian economy has managed to avoid the worst, but it needs foreign investment to get better
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Egypt
In a brilliant stroke, Egyptian President Mohammed Morsi removed and retired Field Marshal Hussein Tantawi, the defence minister and the leading Supreme Council of armed Forces figure, apart
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Egypt
With politics dictating Egypt's economy, analysts expect the banking sector to recover only by next year. Also, can Egyptian banks survive a devaluation of the pound?
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Egypt
As Egyptians Google the name of their unknown Prime Minister to find out more about him, the economic ills of the country are well-known to all.
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Egypt
S&P; may have been quick to put Egypt's sovereign rating on negative watch, but as the Egyptian bourse highlighted with a 7.5% rise, the election of Mohamed Morsi
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Egypt
EFG expects the economy to post a 3% growth this year, after contracting nearly 1% in 2011. But it has largely been a jobless recovery as unemployment stands
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Egypt
With the original Egyptian revolutionaries routed in both the parliamentary and presidential elections, the hapless citizens are now weighing the pros and cons of the two remaining presidential
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Egypt
The AirPano team could not have picked a worst time to visit Cairo for their photo panoramas and filming project.
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Bahrain
Gulf economies, led by the UAE, have fared quite well in a World Economic Forum focused on world's trade-friendliness and access to global markets.
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Egypt
While the world's eyes are trained on Egypt's historic presidential elections, the country's citizens are hoping the new president - whoever it may be - brings in much
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Egypt
Tweet Guillaume Paumier / Foter An opinion poll by Cairo-based Ahram Centre For Political and Strategic Studies placed former foreign minister Amr Moussa as the frontrunner in the
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Egypt
The Egyptian economy could grow by 4% in the current fiscal year despite a plethora of challenges facing the country.
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Egypt
With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth.
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Egypt
The Egyptian economy contracted by 0.3% in the fourth quarter ending a politically-momentous but economically-forgettable year for the country.
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Egypt
A spate of new announcements from international oil companies suggests Egypt's mature oil and gas sector remains formidable.
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Egypt
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Egypt
Human Rights Watch reports, by their very nature, never present a rosy outlook as they are given to highlighting the atrocities of governments and the lack of dignity
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Egypt
Close to 500 new hotels - or 496 to be exact - are being built in the Middle East Africa region, according to STR Global, the hospitality consultancy.
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Egypt
Riyadh and Jeddah had a stellar 2010-2011, clocking the second and third highest growth rates in the world according to The Brookings Institution's 2011 Global MetroMonitor.
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Egypt
Tweet enggul /Foter January 15, 2012 Egypt is now among the ten riskiest sovereigns in the world, according to the latest report from CMA Datavision. In other words,
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Egypt
In October this year, $16.9bn of projects were awarded across MENA. On a cumulative basis, just over $82bn of projects have been awarded across the region in the
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Africa
Due to a host of common denominators in the Arab world including the lack of traditional liberalism, the tribes' power, the elites' control of business, the hold on
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Africa
Whether western countries and ME liberals like it or not, Islamic parties have emerged victorious in elections in North African states. Before typecasting and dismissing them, Islamic parties
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Egypt
Egyptians have achieved a major milestone by holding the first leg of their staggered parliamentary elections, and they can take a moment to rejoice. But they know better
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Egypt
On the eve of the elections, Egyptians have washed off much of the feel-good afterglow of the first revolution that ousted Hosni Mubarak. Now they are faced with
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Africa
Kuwait's Finance Minister warns that the state's rising wages and subsidies bill could lead to the devaluation of the dinar and compel the state to sell off assets
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Bahrain
The Arab uprising must be seen as an integral part of a world in transformation. The technological and informational revolutions that have spurred (and continue to spur) globalization
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Feaured Egypt
Moody's Investors Service has today downgraded the local-currency (LC) deposit ratings of five Egyptian banks
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Africa
The Arab Spring not only cost at least three dictators their jobs but also $56-billlion in lost GDP for the worst affected countries, according to a statistical study
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Egypt
TweetAn excellent CBS 60 Minutes report on political life in Egypt eight months after Hosni Mubarak’s departure (Dated Oct 8), especially in light of recent sectarian clashes:
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Egypt
Coptic Christian protesters clashed with pro-government forces Oct. 9, killing at least 23 people and injuring 180
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Egypt
A short list of the world's top 5 worst performing markets
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Bahrain
Middle East retail rents staganted in the 2010/11 period which ended in June, according to research consultants Cushman & Wakefield (C&W;).
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Bahrain
TweetThe MENA region has a shortage of 3.5 million affordable dwellings, with Egypt, Iraq, Morocco and Saudi Arabia suffering from the biggest shortfalls. For all the boom (and
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Bahrain
Could the Arab Spring have been predicted? More significant, could we have predicted that Saudi Arabia will remain stable throughout the turmoil? Or even where Bin Laden was
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Egypt
As the global economy lurches from one crisis to the next, we look at the prospects for the regional economies in troubling global conditions which could slash domestic
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Egypt
Give the public what they want
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Egypt
The Fraser Institute's Global Petroleum Survey is the latest where super-rich Qatar beats its regional competitors' as it pips them to the post as the Middle East's most
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Bahrain
Gulf states saw their default risks subside considerably during the second quarter as investors shrugged off the Arab Spring and focused on the troubled EU states
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Bahrain
TweetThe Arab World’s tryst with democracy and freedom is unlikely to bear economic fruits, according to a study. Instead, we could well see a gridlock political environment and
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Egypt
Even as the Egyptian Government looks to revive the country's economy, it has turned down the International Monetary Fund (IMF)'s stand-by agreement
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Egypt
Tweet HSBC’s forecast for the region’s three largest economies reveals its continued concerns for Saudi Arabia and Egypt, while it believes UAE’s status as a safe haven is
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Egypt
As investors say goodbye to the first half of the year and brace themselves for a strange and uncertain world in the second half, the worry beads are
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Africa
TweetSpring is nearly six months old. It is time to take stock, remember those who lost their lives and continue to fight, and hand out some well-deserved awards
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Egypt
There hasn't been much good news coming out of Egyptian economy since the revolution. But ten pieces of good news in the past two weeks suggest that the
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Egypt
Egypt's economy has received a much-needed boost with the promise of aid and loans from the international community
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Bahrain
TweetThe potential inclusion of Morocco and Jordan in the GCC fold should be taken for what it is – a political move by the Gulf states to widen
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Bahrain
TweetQatar, which has been beating its regional rival on economic performance, has also won the title of the most peaceful country in the Middle East North Africa region.
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Africa
TweetClose to $1.6-trillion worth of projects are cancelled or are on hold in the Middle East and East North African market, with $800-billion in the UAE alone, according
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Africa
TweetJordan and Morocco’s possible inclusion in the Gulf is a political move rather than an economic one, but there might be other - unlikely - candidates in the
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Bahrain
TweetBy Rushdi Siddiqui, Global Head, Islamic Finance & OIC Countries Thomson Reuters It’s polling time once again in Islamic finance, but, today, we survey two major developments: Arab
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Africa
TweetMiddle East’s oil-importing countries such as Egypt, Yemen, Tunisia and Syria could fall into recession this year, according to the International Institute of Finance (IIF), a group of
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Bahrain
TweetThe Arab World’s foreign assets will rise to a stunning $2.2-trillion this year, says the IIF. But the key to growth in the region will not be financial
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Bahrain
TweetRatings agencies have an uncanny knack of turning up at morgues and pronouncing the death of the deceased, so it should have been no surprise that Standard &
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Bahrain
TweetMost Gulf states offer some of the lowest tax rates to Forbes 2000 companies. But is there a link between the trouble in other Middle East states and
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Egypt
TweetEgypt’s real estate sector will remain in a tailspin as developers face court cases and lose land deals. But the country still needs 550 homes delivered per day
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Egypt
TweetThe region loses $40-50-billion in economic loss due to youth unemployment, notes a McKinsey report. The problem will only get worse due to huge mismatch between the skills
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Egypt
TweetWhile Egypt’s transition is heartening, there are 11 key challenges and issues it needs to address to ensure the country’s enormous potential is harnessed. Read More Here
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Egypt
TweetOil prices will rise 36% in 2011, denting global economic recovery, warns the IMF. But that also means Saudi’s GDP will rise 7.5% - one of the highest
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Egypt
TweetEgypt will surpass Saudi Arabia as the region’s largest economy by 2050 and emerge as the 19th largest economy in the world, according to an HSBC report. Read
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Bahrain
TweetSaudi Arabia is no longer in the list of the ten safest sovereign debtors in the world, meanwhile Lebanon, Iraq, Dubai and Egypt all find themselves in the
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Egypt
TweetReading McKinsey’s Urban World: Mapping The Power Of Cities convinces us that the world will belong to China by 2025 - we will just be living in it.
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Bahrain
TweetWhat were the MENA region’s best performing stocks in the first quarter - more importantly, which were the worst that burnt investors, including one that fell 99.02% in
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Bahrain
TweetSaudi Arabia’s gold reserves dwarf Libya’s hordings. Here is a selected list of countries with the biggest gold reserves, including almost every Middle East nation.
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Bahrain
TweetThe emirate’s economy may benefit as international visitors choose hotels in Dubai over other troubled regional tourist destinations, notes Citibank. But Egypt and Bahrain will suffer from poor
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Egypt
TweetWhat the Forbes billionaire list may tell us about the problems of wealth-distribution in the Middle East. Read More
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Africa
TweetThe rulers and royal families of the Arab World directly control more than $240-billion of investments in publicly-listed firms, surpassing SWF and government institutions, according to data. Read
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Egypt
TweetCitibank expects Egypt to emerge as its third best economy in terms of economic growth. It’s obviously taken the long-view on the country, ignoring the political upheaval it
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Egypt
TweetFind out which Middle East countries make it to Citibank’s list of the fastest growing economies in the world. Hint: it’s not Qatar. Read More
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Egypt
TweetAs events in Egypt change faster than you can update them on Twitter or Facebook, regional authorities are looking at the short-term and long-term impact of the crisis
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Bahrain
TweetAs events in Egypt change faster than you can update them on Twitter or Facebook, regional authorities are looking at the short-term and long-term impact of the crisis
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Africa
TweetWhich countries are ‘ripe for a revolution’ and is there a likelihood that the people of the Arab World will be able to shake the very foundations of
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Egypt
TweetEgypt’s economic growth set to resume again, but a few dark clouds hover over the horizon. Read More
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