Recent Posts Tagged With 'Economy'

• Egypt tourism expected to break even by year end

  Posted on Wednesday November 25th, 2009 at 06:39 in tourism, Economy, financial crisis

  Image by khalid almasoud via Flickr Revenues and the number of visitors from last year are expected to be the same this year, as the effect of the global economic crisis appears to be less severe than expected. Currently, the Egyptian tourism ...

• World Bank loans Egypt $300 million for housing program

  Posted on Tuesday September 29th, 2009 at 06:56 in real estate, housing, middle class, Economy, world bank, modern egypt

  Approximately 75 percent of newly formed households cannot afford to acquire a formal sector house without a subsidy and have to rent or own in the informal sector. Current supply side subsidies targeted to this income group and channeled through dev...

• Egypt renewable energy technologies

  Posted on Tuesday August 25th, 2009 at 15:57 in Economy, Renewable Energy, solar energy, electricity generation, energy development, modern egypt

  Egypt is fast on track to become the leading country in Middle Eastern renewable energy initiatives. The country has adopted an ambitious plan to cover 20% (12000 MW) of all generated electricity by renewable sources in 2020, including a 12% (7200 MW...

• Nile River making a comeback as a major trade route

  Posted on Tuesday August 11th, 2009 at 14:47 in Economy, river, transportation, nile, modern egypt

  Image via Wikipedia The Egyptian government and several private companies are preparing to invest hundreds of millions of pounds in an ambitious effort to revive shipping along the Nile. Their plans call for at least a half dozen new ports, a series ...

• Egypt facing the challenge of a slowdown in tourism

  Posted on Saturday July 25th, 2009 at 07:09 in Economy, world travel and tourism council, egypt tourism

  Despite the impact of the global downturn on Egypt’s important tourism industry, international investors continue to recognise that there are numerous lucrative opportunities worth exploiting in the market. Some notable examples of new investments ...

• Egypt: Economy expected to grow 5% this fiscal year

  Posted on Sunday July 5th, 2009 at 15:54 in finance, Economy, suez canal, modern egypt

  Egypt’s economy may grow nearly 5 percent in the fiscal year that ends in June 2010, Finance Minister Youssef Boutros-Ghali said today. The economy of the most populous Arab country is expected to expand by up to 4.7 percent in the fiscal year that...

• Can anything be cooler than Egyptian cotton?

  Posted on Saturday June 27th, 2009 at 18:35 in shopping, Economy, agriculture, manufacturing, modern egypt

  Egyptian cotton…seems as oxymoronic as English tea or Irish coffee. Ancient Egypt used linen and flax not cotton, both for the living and the dead. But Egyptian cotton is the new wonder fabric from an antique land, and unlike Egyptian linen, it...