30 juin 2013

Egypt reopens its wounds

A year ago, Islamist Mohamed Morsi was elected president of Egypt. This sunday, his opponents are in to the streets to demand his resignation. At the risk of bloodshedPanicked at the prospect of facing a new wave of violence, the Egyptians did not have so far forgotten their sense of humor. At sidewalk cafes in downtown Cairo tells this joke: "An Egyptian met Mohamed Morsi and he lists the current problems of the country: the economic crisis, the collapse of the tourism sector, the flight of investment, lack of gas, power outages... [Lire la suite]
Posté par Simply Human à 21:59 - - Commentaires [1] - Permalien [#]

21 avril 2012

Guillaume de Dieuleveult : I have never thought that Egyptians can make a revolution

Guillaume de Dieuleveult is a french journalist for the French journal "Le Figaro". He lived in Egypt between 2006 and 2009, where he was a correspondent for "La Croix", Vatican Radio, and other French media. He has just published his book "Dictionary of unknown Egypt". How do you see the current events in Egypt? To be honest, a bit far. Most articles I have the opportunity to read speak of Egypt in terms "Muslim Brotherhood" versus "Pro-Mubarak". I can hardly believe the news that Egypt is reduced to this confrontation, and I am... [Lire la suite]
Posté par Simply Human à 22:48 - - Commentaires [1] - Permalien [#]
16 septembre 2006

World Bank launches new strategy of cooperation with the Egyptian government

The World Bank (WB) has launched a new strategy of cooperation with the Egyptian government for the next four years (fiscal years 2006-2009). In his speech at the ceremony organized on this occasion, the director of the World Bank in Cairo, Amby Emmanuel, said that the WB had agreed with Egyptian agenda of reform. He stressed that there is a significant convergence of views with the Egyptian government as regards the major challenges of development. He welcomed the measures taken by the Egyptian government since its formation... [Lire la suite]
Posté par Simply Human à 03:56 - - Commentaires [0] - Permalien [#]
13 septembre 2006

The egyptian IT sector in numbers

The telecommunications and information technology sector in Egypt is very active, as shown by the following numbers: -- 15 billion EGP, total investment in this sector until the end of 2005, including Egypt Telecom and two mobile phone companies Vodafone and Mobinil. -- 1530, number of Egyptian and foreign companies operating in telecommunications and information technology in Egypt until the end of 2005. -- 40 000, number of jobs created by companies operating in this sector. -- 16,7 billion EGP, value of the... [Lire la suite]
Posté par Simply Human à 15:21 - - Commentaires [1] - Permalien [#]
12 septembre 2006

The Egyptian banking sector in numbers

The Egyptian banking sector has witnessed a major activity during the last two years, in  bothperformance and  structure levels, in the light of merging and acquisition transactions, which show the following figures:        -- 59, number of banks operating in Egypt during the fiscal year 2004/2005 against 81 banks in 1990/1991.        -- 2847, number of subsidiaries of banks operating in Egypt during the 2004/2005 fiscal year against 1882 in 1990/1991.     During 2006, the... [Lire la suite]
Posté par Simply Human à 02:54 - - Commentaires [0] - Permalien [#]
11 septembre 2006

The Egyptian sector of energy in numbers

The Egyptian sector of energy is one of the important and pioneers sectors for the development of the egyptian economy as shown by the following numbers :        -- 102, number of oil agreements concluded during the last seven years.        -- 10,6 billion dollars, value of Egyptian exports of oil and natural gas during the fiscal year 2005/2006.        -- 305 million dollars, Egyptian exports of brut and petroleum products in June 2006.     ... [Lire la suite]
Posté par Simply Human à 03:09 - - Commentaires [0] - Permalien [#]

16 septembre 2004

The private tourism sector: A plan is needed before the construction of new hotels in Egypt

The ninth Arab financing forum organized by Euromoney affirmed the importance of having a plan before building more hotels in Egypt. During the meeting "Investment in tourism", Mohammad al-Chabrawy, CEO of American Express Travel Services, stressed that the current pace of construction of hotels in Egypt could double the number of rooms in five years, which can lead to a low occupancy rate in hotels if the number of tourists remained stable. A vision shared by the regional director of "Abercrombie & Kent... [Lire la suite]
Posté par Simply Human à 19:18 - - Commentaires [0] - Permalien [#]
15 septembre 2004

The Euromoney discuss the new orientations of Egyptian banks

Influenced by the crisis of non-repaid loans fOR Egyptian banks, participants in the 9th Arab financing forum organized by Euromoney Institution discussed the developments in the Egyptian banking system. At the session held under the theme "The Egyptian banks: The new guidelines", Mahmoud Sayed Abdel Latif, CEO of "Egyptian American Bank and Bank of Alexandria", said that in the past, public banks had controlled between 70 and 80% of loans and savings in Egypt. "But their current quota does not exceed... [Lire la suite]
Posté par Simply Human à 21:14 - - Commentaires [0] - Permalien [#]
14 septembre 2004

The Euromoney examines the problems of real estate financing in Egypt

The participants in the 9th Arab funding forum, organized by Euromoney Institution, discussed the problems of the real estate market in Egypt. They first claimed that this market needs to be stimulated to increase the value of investissements. Hussein Sabour, CEO of the Company "al-Ahly for Real Estate Development", stressed the importance of the Egyptian real estate market's volume. "This market is characterized by strong demand and the diversity of categories of buyers. For this, we need to encourage... [Lire la suite]
Posté par Simply Human à 18:29 - - Commentaires [0] - Permalien [#]
14 juin 2002

According to a french expert, LNG is the future of energy in Egypt

The French expert in energy Michel Chatelus said that liquefied natural gas (LNG) is a prosperous future for Egypt through the reserves estimated between 1200 and 3000 billion cubic meters. Chatelus, professor of economics at the Institut of Politicql studies in Grenoble, said that the oil reserves in Egypt amounted to 400 million tonnes (one tonne of oil = 7,3 barrels), which represent less than 1% of world reserves, while production reaches 750 thousand barrels/day. The french expert believes that Egypt will stop its oil... [Lire la suite]
Posté par Simply Human à 02:42 - - Commentaires [0] - Permalien [#]