Tourism suffered losses more than any other sector between 2011 and 2014, but as political stability has returned so have the visitors. With revenues up 7% so far this year, the Ministry of Tourism has set a target of 20 million tourists by 2020, helped along by new luxury hotel offerings such as the Sahl Hasheesh.
Tourism suffered losses more than any other sector between 2011 and 2014, but as political stability has returned so have the visitors. With revenues up 7% so far this year, the Ministry of Tourism has set a target of 20 million tourists by 2020, helped along by new luxury hotel offerings such as the Sahl Hasheesh.
A wave of entrepreneurial spirit has washed over Egypt just recently. Inspired by the optimism and opportunity of the 2011 revolution, Egypt’s new army of fresh thinking innovators are helping the country to develop in alternative ways, with the now annual RiseUp Summit at the heart of this growing movement.
A wave of entrepreneurial spirit has washed over Egypt just recently. Inspired by the optimism and opportunity of the 2011 revolution, Egypt’s new army of fresh thinking innovators are helping the country to develop in alternative ways, with the now annual RiseUp Summit at the heart of this growing movement.
As Egypt ramps up efforts to expand its economic output, an investment fund has been created to support more diversified development. Investment banks meanwhile are also urging the country to build on the momentum created by the recent success of the Egypt Economic Development Conference.
As Egypt ramps up efforts to expand its economic output, an investment fund has been created to support more diversified development. Investment banks meanwhile are also urging the country to build on the momentum created by the recent success of the Egypt Economic Development Conference.
Facing post-revolution economic meltdown, Egypt’s banks were key to its survival and are today the lynchpins in its recovery. As confidence returns to the economy, the sector is now well-placed to engineer unprecedented and widespread growth.
Facing post-revolution economic meltdown, Egypt’s banks were key to its survival and are today the lynchpins in its recovery. As confidence returns to the economy, the sector is now well-placed to engineer unprecedented and widespread growth.
Founded almost 60 years ago, the Azazy Group operates 14 primary schools, a secondary school and Future University, one of the newest and most promising universities in Egypt located in the heart of New Cairo. The Group now plans to build Knowledge City, a vast educational and cultural complex which will gather together branches of universities from the United States and the United Kingdom, as well as research centers and other facilities.
Founded almost 60 years ago, the Azazy Group operates 14 primary schools, a secondary school and Future University, one of the newest and most promising universities in Egypt located in the heart of New Cairo. The Group now plans to build Knowledge City, a vast educational and cultural complex which will gather together branches of universities from the United States and the United Kingdom, as well as research centers and other facilities.
While the much celebrated Egyptian cotton has fallen from grace in recent years, elsewhere the textiles industry has been truly blossoming. Now representing 20% of manufacturing exports, the sector is buoyed by an initiative that has both helped increase trade with the U.S. and improve relations with Israel .
While the much celebrated Egyptian cotton has fallen from grace in recent years, elsewhere the textiles industry has been truly blossoming. Now representing 20% of manufacturing exports, the sector is buoyed by an initiative that has both helped increase trade with the U.S. and improve relations with Israel .
Having suffered its worst energy crisis in decades, the oil and gas industry is now bouncing back. Following bold reforms to minimize debt, a host of new agreements have been reached with international oil companies, ringing in billions in investment and setting Egypt on course to once again thrive as an oil producer.
Having suffered its worst energy crisis in decades, the oil and gas industry is now bouncing back. Following bold reforms to minimize debt, a host of new agreements have been reached with international oil companies, ringing in billions in investment and setting Egypt on course to once again thrive as an oil producer.
The real estate developer signed two Memorandums of Understanding with the Egyptian Ministry of Housing at the Egypt Economic Development Conference in March
The real estate developer signed two Memorandums of Understanding with the Egyptian Ministry of Housing at the Egypt Economic Development Conference in March
With 8 million housing units needed to meet demand, the real estate sector is forecasted to grow 14% annually, while the government’s Social Housing Project aims to extend the property ladder to include lower-income families
With 8 million housing units needed to meet demand, the real estate sector is forecasted to grow 14% annually, while the government’s Social Housing Project aims to extend the property ladder to include lower-income families
Government unveils an ambitious plan to build a smart-city the size of Singapore that aims to solve Cairo’s overcrowding issues. Officials boast it will include an airport bigger than London’s Heathrow, 1.1 million housing units, and 10,000 km of boulevards, avenues and streets
Government unveils an ambitious plan to build a smart-city the size of Singapore that aims to solve Cairo’s overcrowding issues. Officials boast it will include an airport bigger than London’s Heathrow, 1.1 million housing units, and 10,000 km of boulevards, avenues and streets
