Economy & Trade

Egyptian Women Cabinet Members Make History

Egyptian Women Cabinet Members Make History

As a result of the most recent government reshuffle, Egypt has more female cabinet ministers than ever before. These six women are experts in their portfolios, role models, and are positioned to make pivotal changes in their country. Here we highlight some of the things that make them inspiring figures in government. Sahar Nasr, Minister […]

Recent Reforms in Egypt’s Natural Gas Market

Recent Reforms in Egypt’s Natural Gas Market

While for a time Egypt was reliant on natural gas imports to fulfill the ever-growing energy needs of domestic business, Egypt is now on track to leverage its gas windfall to not only to meet the country’s growing demands but return to its previous status as a gas exporter. Egypt’s largest producing field, Nooros, has […]

Egypt in the Headlines: 3 Recent Insights from Experts

Egypt in the Headlines: 3 Recent Insights from Experts

August heralds an exciting month for Egypt as the country moves forward to strengthen itself both internally and externally. Experts around the world have come to recognize the country’s steps towards fortifying its partnerships with other nations, improving investor confidence, and taking steps to achieve energy self-sufficiency. Below are some brief thoughts from experts who […]

Inside Egypt’s New Economy: The Cairo “Cargotecture” Startup Poised to Rebuild the Middle East

Inside Egypt’s New Economy: The Cairo “Cargotecture” Startup Poised to Rebuild the Middle East

A container ship passes through the Suez Canal. Shipping crates could be the next form of sustainable housing in Egypt. A year ago, a Cairo farmer tending to his crops in Beni Suef would have to end his day with a grueling, two-hour drive home from the agricultural hub to the industrial center. Today? It’s […]

Highlights of Egypt’s New Investment Law

Highlights of Egypt’s New Investment Law

Egypt’s parliament has passed a new investment law designed to promote sustainable growth and complement other structural economic reforms that have been implemented, such as liberalization of the foreign exchange system, adoption of a comprehensive value added tax (VAT) systems, and gradual reduction of energy subsidies. President Sisi ratified the law on June 1, which […]

IMF Issues Strong Review of Egypt’s Economic Progress

IMF Issues Strong Review of Egypt’s Economic Progress

After the first review of Egypt’s economic reform program, Egyptian authorities and the International Monetary Fund (IMF) reached a staff-level agreement that will help unlock the second installment of a $12 billion loan. “This agreement is a vote of confidence by the IMF staff in the continued implementation of the Egyptian authorities’ program,” said Chris […]

Egypt’s Economy: Ministers Offer Their Strategy and Outlook

Egypt’s Economy: Ministers Offer Their Strategy and Outlook

Egypt’s economy is improving in 2017 and the outlook for growth and investment is favorable. As a market of 90 million consumers located in the heart of the Middle East and North Africa, Egypt offers a variety of trade and investment opportunities for international business. The government’s economic strategy is to put in place a […]

5 Questions You Never Knew You Had About the Suez Canal (And their Answers)

5 Questions You Never Knew You Had About the Suez Canal (And their Answers)

1) Why are we even talking about the Suez Canal? One word — trade. Consider: Maritime shipping is one of the cheapest and most-used means of modern transport, and the Suez Canal is the fastest crossing from the Atlantic and Mediterranean into the Indian Ocean and beyond — connecting Europe, North Africa, the Middle East and Asia. Eight percent […]

Sand to Silicon: Debunking Modern Myths about the Cradle of Civilization

Sand to Silicon: Debunking Modern Myths about the Cradle of Civilization

What do you think when you hear the word pyramids? Andmummies? What about Tahrir Square protests? For the nation credited as the cradle of civilization, it can be as hard to shake age-old stereotypes as it is to deflate the modern myths and misunderstandings that have sprung up in more recent years. But for many […]