Category Archives: News

Here we attempt to gather all the latest Entrepreneurial Business news related to Egypt.

Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery

July 16,2012 Minister of Planning and International Cooperation Fayza Abouelnaga said on Monday that “the dissolved Parliament’s attitude was behind the failure to sign the agreement with the IMF to lend Egypt US$3.2 billion to support the budget.” http://www.egyptindependent.com/news/abouelnaga-fjp-stalled-imf-loan-cabinet-behind-economic-recovery

Posted in News | Leave a comment

Egypt: U.S. State Department Briefing On Clinton Activities in Cairo

July 15,2012 SENIOR STATE DEPARTMENT OFFICIAL: So we are in Cairo. The Secretary is spending the day talking to Egyptian civil society. She had a chance to meet young entrepreneurs this morning. Then she had a meeting with about 10 … Continue reading

Posted in News | Leave a comment

Egyptian textile strikes highlight economic challenges facing Morsi

June 15,2012 MAHALLA EL-KUBRA, Egypt — Four years ago, protests in this Egyptian cotton mill city sowed the seeds of the revolution that ultimately toppled President Hosni Mubarak. Today Mahalla is again seething, as a strike by tens of thousands … Continue reading

Posted in News | Leave a comment

Arab Spring: Hopes for democracy spring eternal

July 15,2012 HICAGO, July 15 (UPI) — In an area of the world known for autocratic regimes, military hegemony and brutal dictators, yearnings for democracy have been stirring for more than a year — but only for certain aspects. http://www.upi.com/Top_News/US/2012/07/15/Arab-Spring-Hopes-for-democracy-spring-eternal/UPI-21871342342860/

Posted in News | Leave a comment

Clinton Offers Aid to Egypt’s Feuding Civilian, Military Leaders

July 15,2012 U.S. Secretary of State Hillary Clinton is in Tel Aviv after ending two days of talks with Egypt’s quarrelling civilian and military leaders. She offered them U.S. assistance for the struggling Egyptian economy without publicly taking sides in … Continue reading

Posted in News | Leave a comment

Egypt economy grew 1.8 pct in 2011/12: Initial data

  July 14,2012 Egypt’s economy grew between 1.8 and 2 per cent in the fiscal year that ended in June 2012, the country’s finance minister said late last week. http://english.ahram.org.eg/NewsContent/3/12/47660/Business/Economy/Egypt-economy-grew–pct-in–Initial-data-.aspx

Posted in News | Leave a comment

Clinton Reaffirms Support for Egyptian Transition

July 14,2012 CAIRO – U.S. Secretary of State Hillary Clinton is in Cairo, where she met with President Mohamed Morsi to discuss Egypt’s economy and regional security.   Clinton says she traveled to Cairo to reaffirm the strong support of the … Continue reading

Posted in News | Leave a comment

Diary of a Google Finalist: Do Arab Entrepreneur Tournaments Help Startups?

July 12,2012 Sarah Wali left the U.S. media scene and returned to Egypt to pursue an idea for a citizen journalism platform for the Middle East. With her business partner Mahamad El Tanahy, that idea became CitJo.com. Within months of … Continue reading

Posted in News | Leave a comment

Morsi visit to Iran will benefit Egypt, Arabs: Ex-Arab League head

July12,2012 “Establishment of relations with Iran is beneficial to Egypt and the Arabs and we should maintain ties with this country to benefit from its vibrant economy,” Moussa, who was also Egypt’s former foreign minister, said in a Wednesday report … Continue reading

Posted in News | Leave a comment

Is Egypt’s history repeating itself?

July 11,2012 It is one thing to discern trends in history and attempt to learn from the past in order not to repeat similar mistakes. Yet another is to carpet-bomb Egypt with the ghosts of “history repeats itself” templates. http://english.ahram.org.eg/NewsContentP/4/47441/Opinion/OPED-Is-Egypt%E2%80%99s-history-repeating-itself.aspx

Posted in News | Leave a comment