Economy

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As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in and more than 5m foreign-born persons were permanently settled in OECD countries....

Articles & Analysis | Hotel options in Egypt from The Report: Egypt 2019

 

BARON HOTEL HELIOPOLIS 8 Ma’ahad Al Sahary Street, Heliopolis, Cairo T: (02) 2291 5757 ext. 2010, 2027 www.baronhotels.com reservation@baroncairo.com Rooms: 126 single rooms, double rooms and suites. Business & Conference Facilities: 2 ballrooms each with a 250-person capacity and smaller boardrooms. Latest audio-visual equipment...

 

LANGUAGE: Arabic is the official language of Egypt, and the Egyptian dialect is widely understood and spoken throughout the Middle East. People from more socio-economically advantaged segments of society often speak either English or French, and the use of these languages has been spreading. Newspapers, books and public information are...

 

GOVERNMENT OFFICES Cabinet 2793 5000 Ministry of Commerce & Industry 2792 1176 Ministry of Communications & Information Technology 3534 1010 Ministry of Defence & Military Production 2260 2566 Ministry of Education & Technical Education 2796 3273 Ministry of Electricity & Renewable Energy 2401 2361 Ministry...

 

Since the election of President Abdel Fattah El Sisi in 2014, Egypt’s economic policy has been centred on reducing public sector costs and boosting private sector growth. Five years later, the issue of revitalising private enterprise remains prominent. In a 2018 assessment of the challenges and opportunities facing the country, the IMF...

 

Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volume grew by 4.7% in 2017 and is expected to have moderated slightly to 4.4% in 2018 and dip to 4% in 2019. Although this means growth will fall below the 4.8% average seen since...

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