Egypt and Jordan sign MOU to promote joint cooperation in SME development
The agreement aims to promote entrepreneurial culture and technical support for SMEs in the two countries
Mohamed Samir
587 Articles
Mohamed Samir is an economic and political journalist, and analyst specialising in the Middle East. Over the past decade, he covered Egypt’s and the MENA region’s financial, business, and geopolitical updates. He is currently the Deputy Executive Editor of the Daily News Egypt.
Latest by Mohamed Samir
Nasr, Jordanian counterpart agree on formation of investment coordination council
Jordanian investments in Egypt exceeded $500m
Ongoing fiscal consolidation to help curb inflation: HC Securities & Investments
Gradual appreciation of the pound will eliminate overshooting, GDP growth forecast at 4.4% in FY2017/18
15 new industrial projects with EGP 3.4bn of investments: Kabil
1,573 factories were established in FY 2016/17
Authorities took right measures to rein in inflation, reduce budget deficit: Lagarde
The approval of the Industrial Licensing Law and the New Investment Law by the parliament are a positive step in the right direction
Energy subsidy cuts, take its toll on the average Egyptians
Egypt, a country with a population of 90m, where more than 28% of them live below the poverty line, has been suffering following the 25 January Revolution in 2011 from economic challenges and political instability. These factors intensified Egypt’s already-existing structural problems. Since November 2016, when the authorities started to implement the economic reform programme …
Egypt’s economy shows signs of vigour: BNP Paribas
Inflation isn’t the only reason behind the soaring inflation
Interest rate hike will impose significant fiscal burden: economic experts
HSBC believes that the CBE’s tightening cycle has peaked, Capital Economics forecast a 6% deposit rate fall by end of 2018
German expert to formulate integrated, feeding industries strategy
The ministry will withdraw lands from investors that are not serious
18-42% increase in electricity prices
EGP 19.4bn were allocated to increase electricity production
Egyptian pound shows signs of correction: Beltone
Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18 and FY 2018/19 respectively
Fuel subsidy cuts emphasizes authorities’ commitment, but will add to inflation challenge: HSBC
Inflation is forecast to reach 33% in July
Egypt ranks 105 in Global Innovation Index 2017, Switzerland in top spot
UAE secures the top rank in the North Africa and West Asia region
Nasr, Indian ambassador discuss increasing India’s investments in Egypt
Egypt can benefit from Indian expertise to build the capacity of government cadres
Egypt, UNDP to establish new investment fund for development
The fund will be jointly financed by Misr Company for Entrepreneurship and the UNDP
Egypt joins 1st international convention on tax evasion: deputy finance minister
Delegation from the OECD will visit Egypt after the Eid Al-Fitr
Ministry of Industry and Trade to offer new industrial parks in upper Egypt July 4th
Each industrial complex will include 200 small factories
Egypt food security in wake of climate change and water scarcity
Egypt has relied on the Nile, the world’s longest river, as the main source of fresh water, since the time of the Pharaohs. For thousands of years, annual floods dumped rich silt on the river’s banks, allowing the country to serve as a Mediterranean bread basket. However, with the completion of the Aswan High Dam …
FDI rises to highest level since January 25 Revolution
Inflation eases to 29.7% in May, expected to remain high until Q4 2017
Egypt maintains stable economic outlook: FocusEconomics
GDP expected to expand 3.1% in FY 2017 and 3.9% in FY 2018, according to the report
Egypt’s energy future between reality and fantasies
Egypt is the second largest producer of natural gas in Africa after Algeria, yet Egypt’s power generation infrastructure is dependent on natural gas. More than 75% of the electricity generated in Egypt comes from natural gas plants. Egypt currently produces about 3.9bn cubic feet of gas per day and imports another 1-1.1bn cubic feet per …
Improvement witnessed in banking sector deposits growth: Beltone Financial
Commercial banks’ foreign liabilities decreased to $430m in April from $10.7bn in November
Gas market law will serve economic development plan: Petroleum Minister
Norwegian oil investors are interested in available investment opportunities
Minister of Industry and Trade holds bilateral talks with his Belarusian counterpart
Increasing bilateral trade between the two countries is essential, says Tarek Kabil
Bylaw amendments in companies law are issued to encourage investments: Nasr
The new bylaw amendments aim to improve Egypt’s rank in international reports
Providing support for startups is one of ministry’s main goals: Sahar Nasr
Government approved a draft law regulating the use of private cars for Uber and Careem
Nasa Space Apps Cairo can transform country into tech hub
After several years marked by turbulence and uncertainty, Egypt’s economy suffers numerous challenges, from political unrest and declining tourism to foreign currency and fuel shortages, which led the government to adopt a reform programme to improve Egypt’s public finances. Innovation and economic progress go hand in hand; supporting SMEs and tech startups is a step …
Standard and Poor’s affirms Egypt’s B/B-rating, outlook remains stable
Egypt’s GDP growth forecast at 4% from 2017-2020
Egypt’s economic reforms on right track, but still plenty of room for improvement: Robert Tashima
Providing an inclusive basis for growth and improving the lives of the average Egyptian is more important than GDP growth
4,000-year-old funeral garden unveiled west of Luxor
This discovery is the first of its type in Thebes