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Category Archives: News
Egypt’s Presidential Elections: The Economy
June 14,2012 Egypt’s economy has suffered short-term pain from the uncertainty over its political transition – but there’s a chance for confidence to pick up after the presidential elections. Since the uprising, inward investment and tourism revenues have fallen, growth … Continue reading
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Banking Sector a Possible Bright Spot for Egypt
June 13,2012 CAIRO — Depending on whom you talk to, Egyptian bankers deserve either garlands for the prudential way they avoided financial catastrophe or thorns for throttling their country’s small businesses with miserly, short-sighted credit policies. http://www.nytimes.com/2012/06/14/world/middleeast/banking-sector-a-possible-bright-spot-for-egypt.html?pagewanted=all
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Arab economies will live or die by governance reforms
June 11,2012 Those were the last public words attributed to Mohammad Bouazizi, the Tunisian vegetable seller who doused himself in petrol and set himself on fire – angered by a police officer who took away his vending permit, and a … Continue reading
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IFC eyes boosting business environment in Egypt
June 9,2012 The World Bank group IFC has said that private investors in Egypt will have a golden opportunity if red tape is cut http://allafrica.com/stories/201206110694.html
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Saudi mulls funding Egyptian projects worth $230m: Ambassador
June 8,2012 Egyptian drinking water, irrigation and seed storage projects worth $230m under consideration by Saudi Fund for Development, says Saudi ambassador to Egypt http://english.ahram.org.eg/NewsContent/3/12/44220/Business/Economy/Saudi-mulls-funding-Egyptian-projects-worth-m-Amba.aspx
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IU to Host 100 Middle Eastern, North African Students in Coca-Cola, State Department Program
June 7,2012 Newswise — BLOOMINGTON, Ind. — In an effort to increase the understanding of entrepreneurship and business education in the Arab world, the Coca-Cola Co. and the U.S. State Department are sponsoring 100 college students from across the Middle … Continue reading
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Namibia: Magnificent Maldives – Dhivehi Context of Entrepreneurship
June 7,2012 Last week, we looked at “Green Entrepreneurship” and this week I introduce you to the Maldivian context of entrepreneurship. The Republic of Maldives is situated in the Indian Ocean and scattered on both sides of the Equator. http://allafrica.com/stories/201206071106.html
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Facebook IPO Won’t Help Egyptian Economy, Here Are 4 Startup Ideas That Will
June 7,2012 There’s a growing school of thought that promotion of entrepreneurship is an effective solution to the socio-economic problems facing many Arab countries, especially Egypt. In Jobs@Arabia.com Thomas Friedman heaped praise on Oassis500, a high-tech accelerator in Jordan that provides startup … Continue reading
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FEATURE-Egypt province hopes vote will end its isolation
June 6,2012 (Reuters) – An Egyptian province cut off for years from the tourist trade by an Islamist insurgency is looking to a new president and the lure of an ancient heretical pharaoh for a better future. http://www.reuters.com/article/2012/06/06/egypt-election-minya-idUSL5E8GOAVH20120606 t��’sh����� nguage:AR-EG’> … Continue reading
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Unrest Encourages Start-Up Funding for the Middle East
June 6,2012 Egypt’s Brotherhood looks to private sector to boost economy Reuters) – Egypt’s Muslim Brotherhood has drawn up a strongly free-market economic plan and pledges to move fast to negotiate a loan from the International Monetary Fund (IMF) if … Continue reading
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