Morsi: Uniter Or Divider?

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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 should be seen as progress and a step forward for the country – despite the challenges ahead…. CONTINUE READING

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Egypt’s fiscal trap(0)

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 at a decade high of little over 12%. READ MORE HERE

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Morsy vs Shafiq(0)

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 candidates -Mohamed Morsy, the Muslim Brotherhood candidate representing Egypt’s Islamic bloc, and Ahmed Shafiq, a former military man and the country’s former prime minister, who is widely seen as a remnant of the country’s last regime. CONTINUE READING

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Stunning Pictures of Egyptian Pyramids & Dubai Jumeirah By AirPano(0)

: Source: AirPano

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WEF: How Trade-Friendly Is The Middle East?(0)

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.

The UAE was ranked 19th among 132 countries in an in-depth survey conducted by the World Economic Forum. Oman, with a global ranking of 25, surprisingly emerged second among Arab countries, with Saudi Arabia close at its heel, at 27. READ MORE HERE

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What Egypt Needs(0)

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 need political and economic stability. READ MORE HERE

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Amr Moussa as president?(0)

: 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 presidential elections, with 41% of the votes - increasing his lead by 2 percentage points from the same poll a month earlier. READ MORE HERE

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Egypt’s 4% Growth Still Possible: Deutsche Bank(0)

The Egyptian economy could grow by 4% in the current fiscal year despite a plethora of challenges facing the country. READ MORE HERE

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Can Gulf stock markets maintain momentum?(0)

With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth. READ MORE HERE

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What To Do About Egypt’s Contracting GDP(0)

The Egyptian economy contracted by 0.3% in the fourth quarter ending a politically-momentous but economically-forgettable year for the country. READ MORE HERE