Seasonal business: a headache for some and a necessity for others
CAIRO/NORTH COAST: Trendy dining has slowly crept into the summer routine that was mainly dominated by meals on-the-go and restaurants that are dodgy at best. The increasing influx of beachgoers…
Egyptian securities market on the rise, says industry insider
CAIRO: Starting from a low base, Egypt's securities market has picked up speed and performed well in light of the country's positive economic indicators and liberalization process."Egypt is becoming more…
Ahli United Bank to capitalize on synergies between Egypt, the Gulf
CAIRO: Since its establishment in Egypt in 2006, Ahli United Bank Egypt S.A.E. has been working on creating an infrastructure for a strong, customer-focused business. After purchasing the bank in…
Room for improvement: challenges face Egypt's growing economy
CAIRO: From creating business-enabling environments and developing infrastructure to building educational skills, beating regional competition as well as combating unemployment and poverty, the government has miles to go before it…
Barclays Bank Egypt ventures into SMEs
CAIRO: In September 2006, Barclays devised a new strategy for its Egypt operations aimed at evolving from a niche bank into a multi-functional bank, with numerous branches and an array…
Ministry of Investment pushes for PPPs
CAIRO: Three years after its inception, the Ministry of Investment continues to drive economic growth, and is currently focusing its efforts on encouraging public-private partnerships (PPP) and developing the mortgage…
Nokia opens new 'Door', launches new handsets and internet capabilities
London: Mobile phone giant Nokia launched its new Ovi brand at a conference in London last week and announced the launch of a number of new handsets.The Finnish word for…
IT companies join forces to increase exports
CAIRO: Twenty-eight information technology companies joined forces to establish the Information Technology Export Community (ITEC), a civil society with a goal to increase the companies' capacity to export products, attract…
Banking sector reforms stimulate investment
CAIRO: With less than 10 percent of the Egyptian population being banked, there are plenty of opportunities for domestic and foreign banking institutions to penetrate the market and increase access…
Flamenco Republic to stage a takeover of Egypt's dance scene
For the first time in Egypt, Flamenco Republic by the María Pagés Dance Company will take the stage at the Cairo Opera House this week before they travel to Alexandria.…