Mohamed El-Bahrawi

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Latest by Mohamed El-Bahrawi


Is Morsy pivoting eastwards?

Last week was quite eventful for our illustrious president. From his visit to China to his presence in the Non- Aligned Movement’s (NAM) summit, Morsy’s political clout has been progressively expanding as he strives to reinvigorate the image of Egypt, the leader of the Arab world. Since his ascent to power, Morsy has confidently taken …

Mohamed El-Bahrawi

A useful idiot

  Egyptian political theatre never fails to entertain, and its latest clowns and the sheer absurdity of their demands made for quite a show in these last few weeks. Mohamed Abu Hamed’s call for a “revolution” to end the rule of the Muslim Brotherhood and what he dubbed as the “ikhwanisation of the state” is …

Mohamed El-Bahrawi

New Egyptian-American fund to finance SMEs

U.S. Secretary of State, Hillary Clinton, announced during her visit to Egypt the establishment of an Egyptian-American fund to provide financing for small and medium sized enterprises (SMEs). Egypt is in need of such financing in order to achieve sustainable economic growth and to create jobs during the transitional period.   The Secretary stated that …

Mohamed El-Bahrawi

Government approves new centre for the development of SMEs

Ganzouri’s cabinet has approved the transformation of the Industrial Modernization Center (IMC) into a centre that focuses on the development of small and medium sized enterprises (SMEs). The goal of the new centre is to offer a variety of services to SMEs, as they account for 90% of total business in Egypt, provide 65% of …

Mohamed El-Bahrawi

First specialised website to support investment and trade in Egypt

In an effort to bolster sustainable economic development, the CrĂ©dit Agricole Bank of Egypt held a symposium yesterday in collaboration with several key organisations, titled “Supporting Trade and Investment.” Among the participants were the representatives of the Investment Network and EUROMENA Investment fund (ANIMA,), the General Authority for Investment (GAFI,) the Egyptian Junior Business Association …

Mohamed El-Bahrawi

Dana Petroleum adds two new wells to its Egyptian portfolio

The Aberdeen-based Dana Petroleum has completed the appraisal of two developmental wells in the Lorcan development lease located in the Gulf of Suez area. Drilling the first well, dubbed Fin-2X, started on the 12th of last of May using the Sino Tharwa ST-1 rig. The well has reached the depth of 9,700 feet at the …

Mohamed El-Bahrawi

G20 reinforces EU aspirations

World leaders convened in Los Cabos, Mexico on the 18th and 19th for the G20 summit. The tentatively optimistic spirit of the conference was evident in the pledge by member states to act collaboratively towards empowering sustainable economic growth within their markets. A pivotal point of the summit’s agenda was lending more attention to the …

Mohamed El-Bahrawi

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