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Latest in In Focus


Winners and Losers since the flotation: what is next?

Next Friday, 3 November, marks a year since Egypt has started its economic reform programme—one that has been the most difficult—to revive the ailing economy and achieve growth rates that reflect on creating jobs, curb unem- ployment, and improve standards of living for Egyptians. At the heart of these bold and cru- el reforms came …

Mohamed Ayyad

Lack of affordable lands, enacting laws main challenges of new industrial investment map: investors

Minister of Trade and Industry Tarek Kabil launched the industrial investment map, which includes all available industrial investment opportunities in various governorates in Egypt. The data at the ministry’s website indicates that there are 3,886 industrial investment opportunities in 27 Egyptian governorates. In February, the ministry launched the first phase of the industrial investment map, …

Shaimaa Al-Aees

Egypt’s major IT players in recruitment drive

Egypt’s IT sector is seeing an increase in staffing, amid a surge in hiring by multinationals that are expanding operations in the country. Following a meeting in July with automotive component and technology company Valeo Service, the Ministry of Communications and Information Technology (MCIT) announced that the France-based company plans to generate 500 new jobs …

Oxford Business Group

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 …

Mohamed Samir