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Egypt

FEATURED REPORT...
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: May 25, 2015
UAE. Deals in healthcare, oil and gas, petrochemicals and consumer goods are being considered, according to the firm's CEO; "Our aspiration is to be a US$5 billion - US$10 billion asset manager.
Posted: May 19, 2015
INTERNATIONAL. What we are seeing now are fundamental re-emerging realities: Europe is a highly fragmented collection of nation-states. China contains its centrifugal forces through a powerful and repressive government in Beijing. Russia is neither an equal of the U.S. nor a helpless cripple to be ignored or tutored. And the map of the Middle East, created by the Ottomans and the Europeans, has hidden underlying forces that are rearing their heads.
Posted: May 16, 2015
EGYPT. A stabilizing political landscape and growth-supporting reforms, as well as continued support from some Gulf states, are helping Egypt's economic recovery. S&P now projects real GDP growth at about 4.3% on average in 2015-2018, outstripping the 2.1% average in 2011-2014; 'B-/B' ratings affirmed.
Posted: May 13, 2015
EGYPT. Training program will support social entrepreneurs to start-up their businesses and contributing to the social development of tomorrow.
Posted: May 13, 2015
UAE. Lowest Q1 MENA IPO volume since 2009; With only two IPOs across the region, Q1 MENA IPO value decreases 80% compared to Q1 2014 collectively raising a total capital of US$255.7 million.
Posted: May 11, 2015
UAE. 66% say their salary is lower than other companies in their industry, according to the latest Bayt.com and YouGov Salary Survey; A staggering 87% of UAE respondents have seen the cost of living rise in 2014, with 34% saying that it grew by more than 20%.
Posted: May 9, 2015
EGYPT. Hosni Mubarak and his sons Gamal and Alaa may not have to serve any jail time for those corruption charges because they already spent that amount of time in prison.
Posted: May 6, 2015
UAE. Emirates remains the most valuable brand, with a brand value of US$6.6 billion; The total value of Qatari brands is up 47% in a year, the fastest rate of growth; KSA has the most brands (17) together worth US$21.7 billion
Posted: May 5, 2015
EGYPT. Masood Ahmed, a Director at the IMF said "it is moving in the right direction," predicting growth of about four percent this year, roughly twice the level seen a year ago.
Posted: April 29, 2015
EGYPT. Exit of non-core businesses will permit de-risking, deleveraging and the capture of growth opportunities at core subsidiaries. Additional liquidity from the exit of Tanmeyah will be used to finance share buybacks by Qalaa Holdings.
Posted: April 29, 2015
UAE. Slow start to 2015 will be bolstered by deals anticipated for later in the year; Egyptian market sees three new listings; UAE remains most targeted GCC country, but Qatar overtakes the UAE to become the most active outbound investor in Q1 2015.
Posted: April 25, 2015
UAE. "Arab cinema industry must get more commercial and international," says Mohamed Hefzy, the award winning Egyptian producer and director; More investment is needed in Arab entertainment sector to enable the players to raise the bar, according to Fortress Capital Investments.
Posted: April 23, 2015
EGYPT. Naguib Sawiris, testified for the defense at the retrial of two Al-Jazeera television journalists, possibly boosting their standing in a case criticized from abroad.
Posted: April 21, 2015
EGYPT. Muslim Brotherhood leader sent to prison for 20 years without parole, nearly three years after he was declared Egypt's first freely elected president.
Posted: April 21, 2015
UAE. 39% of Arab youth agree it will never work, 36% think it could work while the remaining 25% are unsure, according to the 7th Annual ASDA'A Burson-Marsteller Arab Youth Survey.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2015
UAE. there is potential for investor sentiment towards the Euro to be pulled down even further by the news that anti-austerity parties were declared victorious in several local elections in Spain.
date:Posted: May 25, 2015
JORDAN. Partnerships between public, private, and people sectors can help MENA region reduce world's highest youth unemployment rate.
date:Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
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