Building on decades of leadership in the Arab world, Egypt is undergoing major governmental transformation in the aftermath of the 2011 revolution. Presidential and parliamentary elections in recent years have served to stabilise the country politically, reforming the constitution and the responsibilities and scope of Egypt’s leading...
The Central Bank of Egypt (CBE) has battled to rein in an emerging parallel market in currency exchange since 2011, when political turbulence saw the Egyptian pound lose 13.4% of its value against the US dollar, an occurrence which, in turn, greatly effected the wider economy. Hisham Ezz Al Arab, chairman and managing director of Commercial...
Entrepreneurship is often – and rightly – lauded as a key component of dynamic economies. Innovation, enabled by ready access to capital and a permissive regulatory environment, can help drive corporate growth, exports, private sector activity and jobs – all of which are needed in Egypt. Small and medium-sized enterprises (SMEs) comprise a large portion of Egypt’s economic...
The importance of the Nile River to Egypt cannot be overstated. The river provides around 90% of Egypt’s water supply for the population of nearly 90m, and as Egypt looks to power up its agriculture sector, the water source remains as important as ever.
ETIQUETTE: It is integral to Egyptian culture to be courteous to foreigners. A conversation, whether business-related or not, is usually accompanied by coffee, tea or juice. Social rules dictate what is appropriate for greeting people in business meetings. Close same-sex friends will sometimes greet...
Cabinet 2793 5000 Ministry of Defence & Military Production 2403 2158 Ministry of Petroleum & Mineral Wealth 2760 1401 2263 1000 Ministry of Electricity & Renewable Energy 2401 2361 2261 6299 Ministry of Foreign Affairs 2574 9821/16 Ministry of Communication & Information Technology 2344 4544 3534 1330 Ministry of Manpower 2260...
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