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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: November 20, 2014
INTERNATIONAL. Kellogg made the offer to buy Bisco Misr, outbidding competitor Abraaj Group.
Posted: November 17, 2014
EGYPT. Increases EIIB-Rasmala's shareholding in Rasmala Egypt Asset Management from 51% to 100%; Allows the firm to further consolidate its AM business.
Posted: November 15, 2014
EGYPT. "A more stable political and security situation, a slight rebound in the GDP growth rate, and a series of fiscal reforms are helping to support economic growth; Given Egypt's important geopolitical status, we expect that official donors will continue to provide the government with sufficient foreign funds."
Posted: November 14, 2014
INTERNATIONAL. The speech, purported to be in Abu Bakr al-Baghdadi's name, followed contradictory accounts out of Iraq after U.S. air strikes last Friday about whether he was wounded in a raid.
Posted: November 14, 2014
EGYPT. Provides Etisalat subscribers with more flexible on-demand data subscriptions to mobile broadband and ADSL services.
Posted: November 10, 2014
UAE. The agreement marks TVM Capital's premier investment in Egypt, as well as its first in the medical device sector in the MENA region.
Posted: November 6, 2014
UAE. Share trading in Dubai as well as Cairo will give issuers greater access to international investors.
Posted: November 5, 2014
INTERNATIONAL. The Tunisian exception, analysts say, results from a less meddlesome army, more flexible politicians, and an absence of the external interference that countries deemed more important were subjected to.
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
Posted: October 22, 2014
UAE. Saudi Arabia had the largest rail project pipeline in the region with over US$100bn, including the Riyadh Dammam High-Speed Rail, which is currently under study, along with the Eastern Province Municipality - Dammam Metro.
Posted: October 20, 2014
EGYPT. Qalaa Holdings' Founder and chairman honored at African Investor CEO Investment Summit 2014 for his continued contribution to the development of the business, finance and investment landscape in Africa.
Posted: October 13, 2014
UAE. Bourses in the region posted their biggest losses in years on Sunday as global markets' decline at the end of last week served as a trigger for aggressive profit-taking.
Posted: October 7, 2014
EGYPT. With the right incentives, investment in mobile broadband could boost GDP byUS$43 billion and create 1.2 Million new jobs.
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 29, 2014
UAE. Arabtec originally announced in March that it had agreed with the Egyptian army to build the homes at 13 locations around the country on land provided free by the armed forces.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 24, 2014
UAE. Qatar and UAE share equal first place globally, with Saudi Arabia in third position; Overall tax cost and compliance burden lower for businesses around the world.
date:Posted: November 24, 2014
UAE. Low interest rates, evolving investment strategies and a growing appetite for alternative asset classes causing shift in SWF investment strategies; Regional SWFs are viewing the West with caution and have redirected a portion of their funds back into the Middle East.
date:Posted: November 24, 2014
UAE. The gap between low market expectations and actual investment potential in the resources sector has reached very attractive levels; Resource equity returns are now increasingly driven by improved capital allocation and restructuring within companies, making stock selection ever more key.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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