Consulting News
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Moody’s raises Egypt’s outlook to stable on political stability
The upgrade to the credit outlook may help restore confidence in an economy hammered by political turmoil that has weighed on investment and tourism.
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Egypt planning minister calls for legal review, "economic revolution"
Egypt must overhaul an economy which has been dominated by the state for decades and show investors it is committed to safeguarding their money.
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Egypt 2014 economic reforms obtain IMF-World Bank commendation
Egypt 2014 economic reforms received much praise at the IMF/World Bank annual meetings that ended earlier this week in Washington.
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Egypt's growth to reach 6% in FY 2018/19: Minister
Egypt's government has announced a five-year plan to raise growth to 6% and cut debt to 80-85%.
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Egypt’s bold reforms start to bear fruit
Most significant are cuts to Egypt’s ruinous subsidies, which Sisi slashed by about a third in July.
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600 hotel rooms booked: Egypt chooses partners for economic summit
The government intends to attract investments to fund projects worth approximately $80bn.
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Investment ministry forms advisory committee for public sector management
The committee will meet monthly and will follow up on the implementation and restructuring plan initiated by the ministry.
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Russia, EU conflict will not pressure Egypt’s economic policies: Analysts
Egypt striving for balanced policy with both parties, says researcher at Ahram Centre for Political and Strategic Studies.
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IMF Lagarde "very impressed" by Egypt's economic reforms
She denied any new loan programs to Egypt, but noted the organization is rapt with the country’s economic reforms.
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DHL Express certified as Top Employer 2015 in Africa
Independent research by the Top Employers Institute shows the company looks after its people exceptionally well.
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Egypt business activity grows at near-record pace in September: PMI
The government is trying to strike a balance between cutting its deficit whilst reviving economic growth.
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Tax revenue from pop concerts in Egypt rises in 2014
A 117% increase in one year - figures were released in a statement by Samia Hussein, the head of the property tax authority.
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Poll: Egypt's economy set to grow 3.3 pct this fiscal year
The forecast is close to the government's prediction of 3.5 percent growth in gross domestic product.
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Egypt PM to inaugurate $560 mln worth of projects: report
Mihleb told Al Masry Al Youm the four provinces to benefit from the projects are Asyut, Gharbiya, the Red Sea and Port Saeed.
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Reopening stalled factories via ‘Google maps’
If the investor wants to access a factory in a specific area, he will easily search for the colour needed on the map.
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Egypt's Sisi delivers economic reforms but hurdles remain
In his first 100 days in office, Egyptian President Abdel Fattah al-Sisi has made a fast start on economic reform.
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Naguib Sawiris donates EGP 500,000 to Nubarriya Canal
The initiative was launched in order to preserve Nile water from pollution and perform maintenance on the canal.
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Personal savings dominate Suez Canal certificates’ purchases: Baseera
42% of certificate-buyers used money kept at home, 38% used bank savings, 13% used Egypt Post savings.
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Egypt launches agency to support African development
The Egyptian Partnership Agency for Development will focus mainly on the fields in which Egypt enjoys a comparative advantage and experience.
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Konnecti aims to be Match.com for business owners
Backed by Dave McClure and 500 Startups, Konnecti wants to be the B2B Yelp for Small and Medium-Sized Businesses (SMBs).