Category Archives: News

May 1,2012 Amre Moussa, the front-runner in Egypt’s presidential race, is pledging to boost public spending in his first year in office to lower the highest unemployment rate in at least two decades. http://www.businessweek.com/news/2012-05-01/egypt-s-moussa-sees-spending-vital-to-economic-recovery

April 30,2012 Ralph Simon, CEO and founder of Mobilium International in the UK, gives insights on the potential future of Egyptian creativity and entertainment potential in this special Interview with Ahram Online http://english.ahram.org.eg/NewsContentP/18/40485/Books/What-could-digital-technologies-mean-for-Egypts-fu.aspx      

April 30,2012 Five Endeavor Entrepreneurs from Brazil, Egypt, Turkey and South Africa will be featured on a panel entitled “Game-Changing Global Entrepreneurs” that will explore the important role that entrepreneurs play in generating the jobs and wealth needed to transform … Continue reading →

April 29,2012 Egyptian officials said Saudi Arabian financial aid to the country is not in jeopardy despite a mass protest in front of the kingdom’s embassy in Cairo strained ties between the two countries. http://www.businessweek.com/news/2012-04-29/egypt-confident-of-saudi-arabian-aid-amid-protest-tension  

April 29,2012 At Cairo tech-focused acceleratorFlat6Labs, four entrepreneurs, including Ahmad El Alfi, the head of parent fund Sawari Ventures, are working hard to support and improve Egypt’s troubled education system, by building learning management platformNafham.   http://www.wamda.com/2012/04/nafham-a-learning-management-platform-to-enhance-education-in-egypt  

  April 29,2012 Souq.com and the American University in Cairo’s Entrepreneurs’ Society have teamed up to launch The Hit 2012, the first product innovation competition for the university’s students, which gives participants the opportunity to win cash prizes to start … Continue reading →

April 28,2012 CAIRO, Egypt — While much of the world sees Egypt’s decision to cancel a natural gas contract with Israel as a threat to peace, Egyptians say it just makes good business sense. http://www.globalpost.com/dispatch/news/regions/middle-east/egypt/120427/egypt-gas-deal-israel-bad-business

April 26,2012 I have been puzzling over Year Two of the Arab Spring. The signals remain mixed. The apparent power of the Muslim Brotherhood and others of similar fervency is frankly worrisome.   http://www.huffingtonpost.com/john-tirman/arab-spring_b_1455537.html   

  April 25,2012 (Reuters) – Egyptian stocks should hold onto recent gains in coming days, underpinned by optimism for a smooth presidential vote next month after some potentially divisive contenders were removed from the race. http://www.reuters.com/article/2012/04/25/markets-weekahead-mideast-idUSL6E8FP4GY20120425  

April 24,2012 (Reuters) – Egypt’s parliament overwhelmingly rejected the army-appointed cabinet’s plan to cut state spending on Tuesday, complicating the government’s efforts to secure IMF help to fight a balance of payments crisis. http://www.reuters.com/article/2012/04/24/us-hold-ra-egypt-parliament-vote-idUSBRE83N14O20120424