E: The Souks Project is a quite misleading name. What is exactly meant by the term? Contrary to what many people think, the Souks Project does not refer to…
Egypt
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Just two months shy of Iraq’s national elections in March, an apparent bombshell of a development hit the country. The country’s Independent High Electoral Commission (IHEC), as per the…
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Barack Obama’s speech in Cairo last month provoked mixed reviews. Some said the US president spent too much time apologizing for American behavior in the Middle East; others said his…
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Egypt has seen scores of human cases of bird flu, the largest number in any country outside Asia, since the first known appearance of the H5N1 virus in humans more…
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The setting up of the World Trade Organization (WTO) in the mid-1990s was supposed to have put the world economy on the path to multilateral trade liberalization. Yet, bilateral and…
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Finance
Egypt country report & outlook: Executive summary – By invitation: BLOMINVEST BANK Economic Research Department
Egypt is now in its second economic renaissance, which started in 2004. This follows a first renaissance that was shallow and short lived, lasting from 1992 to 1999, and based…
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The theme of this year’s World Economic Forum – Middle East, which just ended in the Egyptian Red Sea resort of Sharm el-Sheikh, was “Learning from the Future.” Prominent business…
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Last June I left Egypt after eight years as CNN’s Cairobureau chief and correspondent. I wrote this back then, butnever finished it as I was buried under an avalanche ofpacking…
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Egypt’s banking sector is set to become hotly competitive in 2007. Strong international and regional banks that have entered the market in the past two years are aggressively hunting for…
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In a deal considered to be the largest divestment of Egyptian state assets to date, the government in Cairo last month completed the sale of Bank of Alexandria (BOA) –…