Monthly Archives: February 2014

The Marketing Department Worldwide Announces First International Location

The Marketing Department Worldwide Announces First International Location Firm specializing in providing top-quality, affordable marketing solutions for entrepreneurs to open in Cairo, Egypt WEST CHESTER, Pa.–(BUSINESS WIRE)–The Marketing Department Worldwide, the first marketing consulting agency with a network of local … Continue reading

Posted in Entrepreneurs, News | Tagged , , | Leave a comment

#Egypt’s 77% Stock Rally Tips Generals Winning Investors

Egyptian stocks are showing all the signs that investors favor a return to a military-backed rule to end three years of political turmoil and revive an economy stuck in its worst slump in two decades. Share volume is up 159 … Continue reading

Posted in News | Tagged , , , | Leave a comment

Gulf investor interest highlights #Egypt’s retail upside

Gulf investors have had a sizable presence in Egypt’s property market over the past decade. The announcements for a number of multi-billion dollar projects are indicative of rising confidence in Egypt’s retailing sector, bolstered by the economy’s favourable long-term fundamentals, … Continue reading

Posted in Entrepreneurs, News | Tagged , , , | Leave a comment

#Egypt investment law prohibits challenge to government contracts

Since the uprising that toppled Husni Mubarak in 2011, Egyptian courts have issued at least 11 rulings ordering the state to reverse deals. Egypt’s draft new investment law will contain provisions to prevent third parties from challenging contracts made between … Continue reading

Posted in Investors, News | Tagged , , | Leave a comment

Italy Would Welcome #Egypt’s Sawiris as Telecom Italia Investor

The Italian government would welcome Naguib Sawiris as Telecom Italia SpA’s main shareholder should the Egyptian billionaire invest in the phone company, Economic Development Deputy Minister Antonio Catricala said. Catricala spoke to reporters today in Rome. Sawiris told Bloomberg News … Continue reading

Posted in News | Tagged , , , | Leave a comment

#Egypt’s trade profile is characterized by huge trade deficits

The economy is highly dependent on oil exports, which is its major source of foreign income together with tourism receipts and US financial and military aid. It has to import most of its food, other commodities and equipment, since both … Continue reading

Posted in News | Tagged , , | Leave a comment

#Egyptian Business owners look to Military General to restore security

When Egyptians rose up against their government three years ago, it wasn’t just dictator Hosni Mubarak’s reign that crumbled. The mass protests, political instability, and now, increasingly frequent terrorist attacks, have devastated Egypt’s once-thriving tourism sector. For many Egyptians still … Continue reading

Posted in News | Tagged , , | Leave a comment