Arab Countries In Transition

Feaured Egypt back to homepage

: freestylee / Foter / CC BY

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). CONTINUE READING

Egypt’s energy prospects(0)

: Joonas Plaan / Foter / CC BY

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. CONTINUE READING

M&A buzz In Egypt(0)

Investors are circling around Egypt’s key sectors, looking for opportunities and bargains on undervalued prices of key assets.
The economic fallout from the Arab Spring revolution in Egypt has changed the landscape radically and offered new opportunities for regional investors. CONTINUE READING

4.5m MENA infrastructure jobs(0)

: 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 get decent employment. Joblessness - which is attached to human dignity and viewed as a platform for many to further and better themselves in their country - drove many to orchestrate sweeping political changes in their own countries. CONTINUE READING

Morsi’s Moment(0)

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 from heads of the navy, airforce and air defence. In addition, Lieutenant General Sami Enan also stepped down as the Army’s Chief-of- Staff. CONTINUE READING

Egypt’s Banks: A Better 2013?(0)

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? CONTINUE READING

Qandil Who?(0)

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. CONTINUE READING

Morsi: Uniter Or Divider?(0)

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

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

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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