While Egypt has long looked internationally to build alliances and win favour, the country’s immediate neighbourhood is becoming an increasingly important source of support. As the oil-rich states of the Gulf become more politically assertive, Egypt is navigating this new regional reality. At the same time, however, the MENA region is still...
The economy notably improved in FY 2016/17, with GDP growth averaging 4.6% in the second half of the period – the fastest expansion since FY 2009/10, according to the Central Bank of Egypt (CBE).
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 the appropriate way to greet people in business meetings. Close friends of the same sex will sometimes...
OFFICES Cabinet 2793 5000 Ministry of Defence & Military Production 2260 2566 Ministry of Petroleum & Mineral Wealth 2760 1401 2670 6402 Ministry of Electricity & Renewable Energy 2401 2361 2401 2362 Ministry of Foreign Affairs 2579 633439 2577 2500 Ministry of Communications & Information Technology 3534 1010 Ministry of Local...
BARON HOTEL 14 Al Baron, El Montaza Heliopolis, Cairo Governorate T: (02) 2291 5757 www.baronhotels.com reservation@baronhotels.com Rooms: 126 suites. Business and Conference facilities: two 250-person ballrooms and small boardrooms. Health and Leisure facilities: Shopping facilities and daily live entertainment. Guest Services: Free Wi-Fi...
Egypt’s attempts to boost its taxation revenue began to pay off in 2017. In the first quarter of FY 2017/18 total tax revenue expanded to LE88.6bn ($5.8bn), according to the Ministry of Finance (MoF), a significant advance on the LE57bn ($3.8bn) of the same period in the previous year and 1% more than the ministry’s target for income growth....
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