You are hereHome SectorsEgypt


Posted: 09-08-2011
EGYPT. Egypt should be careful what it wishes for. According to YouGov‟s latest survey of Egyptian public opinion, a majority of 67% want Hosni Mubarak, their deposed president, to face a death sentence if convicted of the charges against him. This compares with only 22% who oppose the sentence. Among the age groups of 18-24 and 25-29, support for execution rises to 77% and 70% respectively. It may be popular, but this event could actually do more harm than good to the progress of reform in Egypt. The YouGov figures are hardly surprising, given that justice for Mubarak was a key demand o
Posted: April 14, 2014
EGYPT. Egypt plans to boost electricity prices for the richest 20% of its citizens; The country has "no time to waste" in starting reforms, the planning minister said.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 7, 2014
EGYPT. JLL sees economic stability and continued progress on political road map, leading to a potential period of gradual recovery from late 2014 or 2015.
Posted: April 2, 2014
UAE. Sami Asad to lead the one million housing units project, the biggest project of its kind in the region.
Posted: March 27, 2014
EGYPT. Egypt is to hold two new mass trials of Islamists, state media said; The detained head of Morsi's Muslim Brotherhood, Mohamed Badie, is a defendant in both new trials.
Posted: March 26, 2014
EGYPT. Egyptian army chief Abdel Fattah al-Sisi said he had quit the military to run for president and vowed to rid the country of "terrorism" almost nine months after he toppled its elected leader.
Posted: March 26, 2014
KUWAIT. Kuwait urged fellow Arab leaders to resolve disputes complicating crises such as Syria's war and unrest in Egypt, but diplomats said tensions bubbled behind the scenes.
Posted: March 25, 2014
EGYPT. Leading regional investment company in advance stages of divestment of a leading Sudan-based bank as part of its program to shed non-core assets over the coming three years.
Posted: March 24, 2014
EGYPT. The sentences come days before army chief Field Marshall Abdel Fattah al-Sisi is expected to declare his candidacy in presidential elections. He is widely expected to win.
Posted: March 23, 2014
QATAR. A new IMF study sheds light on why some countries are particularly vulnerable; In Egypt, low levels of foreign debt ownership mean that capital flight has been lower, making it easier for the authorities to support the currency.
Posted: March 22, 2014
EGYPT. Shareholders send clear message backing firm's transformation into an investment holding company; capital increase on track to close in the coming three weeks.
Posted: March 15, 2014
EGYPT. The attack came two days after gunmen killed a soldier in Cairo, as militants once based in Sinai increasingly target the capital in a campaign that has killed more than 200 security men.
Posted: March 13, 2014
EGYPT. The EGP300 million project is part of a national plan to expand local power network and Will help provide people in remote areas with reliable power supply.
Posted: March 12, 2014
INTERNATIONAL. Saudi Arabia's fierce campaign against the Muslim Brotherhood, already on the run in its Egyptian birthplace, has divided the Gulf Arab bloc, causing discomfort in some member states where the Islamist group is embedded in daily politics.
Posted: March 12, 2014
UAE. The UAE has given Egypt US$4.9 billion in financial aid since Morsi's ouster, as well as deposited US$2 billion in the Egyptian central bank, interest free.


date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.