Egypt: Economy and finance

November 20 2008 - Egypt 'becoming major IT centre'
Egypt's economy is benefitting from the country becoming a new centre for IT outsourcing, it has been revealed.According to the Information Technology Industry Development Agency (ITIDA) in the country ...
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November 06 2008 - Egyptian banks 'resilient'
Egypt's banks are well enough managed to withstand global economic pressures, it has been claimed.According to the Banking System Outlook report on the nation's economy carried out by financial services ...
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October 30 2008 - Italy and Egypt 'create closer economic ties'
Egypt and Italy have discussed ways of boosting bilateral cooperation between the two countries.Isria Info reports that following a meeting between president Hosni Mubarak and Italian president Giorgio ...
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October 29 2008 - Egypt heads business services honours list
Egypt has been named outsourcing destination of the year, it has been claimed.The country received the accolade at the National Outsourcing Association's (NOA's) 2008 Awards in London, in recognition of ...
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October 28 2008 - Egyptian job market 'tops global list'
The job market in Egypt remains in good health despite the uncertain global economic climate, it has been revealed.A survey of over 1,500 major companies in Europe, Africa, India and China, carried out ...
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October 23 2008 - Egyptian banks 'resilient'
The Egyptian economy is well placed to weather the global economic crisis, it has been claimed.According to investment bank Pharos Holdings, the nation's financial institutions maintain firm balance sheets ...
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October 21 2008 - Egypt economy 'to grow at six per cent'
Egypt's economy is set to grow at a rate of six per cent next year despite the uncertain global economic climate, it has been claimed.According to Bloomberg, the country's minister of finance Youssef Boutros-Ghali ...
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October 17 2008 - New court 'will encourage investment in Egypt'
A new economic court in Cairo will provide finance and business cases in Egypt with more clarity and encourage foreign investment in the country, it has been claimed.Daily News Egypt reports that before ...
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October 16 2008 - Egyptian banks 'strong'
Egyptian banks remain secure despite the current financial crisis affecting developed markets, it has been claimed.According to Afrol News, Prime Minister Ahmed Nazif told a press conference attended by ...
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October 15 2008 - Egypt economy 'immune from credit crunch'
The global credit crunch is unlikely to have a major effect on the Egyptian economy, it has been claimed. Speaking to newspaper Akhbar El-Yom, Egyptian Minister of Trade and Industry Rachid Mohamed Rachid ...
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October 11 2008 - Egypt economy 'to maintain steady growth'
The Egyptian economy will maintain its growth target at six to seven per cent for the current fiscal year, it has been claimed.According to Reuters, trade and industry minister Rachid Mohamed Rachid said ...
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October 07 2008 - Egyptian tourism 'to increase'
Luxury holidays in Egypt are set to increase in popularity despite the uncertain global economic climate, it has been claimed.According to Focus on Travel News, tour operator Peltours believes luxury golf ...
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September 18 2008 - Egypt, Mumbai and Delhi named property investment hotspots
Property investment markets in Egypt, Delhi and Mumbai in India are continuing to prosper despite the uncertain global economic climate, it has been claimed.According to overseas real estate specialist ...
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September 16 2008 - IMF boss acknowledges Egypt's economic progress
The managing director of the International Monetary Fund (IMF) has congratulated President Hosni Mubarak of Egypt on the country's recent robust economic growth. In a statement, Dominique Strauss-Kahn ...
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September 13 2008 - Egypt makes top global business list
Egypt has been ranked as the world's tenth best business reformer, it has been revealed.According to Egypt Daily news, the areas in which the nation showed the most progress this year were starting a business ...
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August 15 2008 - British jetsetters 'head to Egypt'
Holidaymakers are flocking to Egypt despite the uncertain economic climate, it has been revealed. Tour operator Thomas Cook told Reuters winter bookings for trips to the country are up 20 per cent on last ...
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