Egypt: Latest News
Makula Dunbar, 4:32 pm
Egyptian stock markets began the week in a state of stagnation with almost no news to inspire the local market. However, one of the big icons of its market, Orascom Telecom Holdings was nearly taken out of the exchange list after almost 10% of its shareholders were bought out.
Makula Dunbar, 1:09 pm
President Michael Sata has opposed a new tax proposal by the African Union (AU) which seeks member States to contribute more from tourism earnings in form of ticket and hotel charges.
Dana Sanchez, 8:43 pm
Despite soil’s importance, most people in Africa lack knowledge about soil partly because information tends to be in publications read only by scientists.
Dana Sanchez, 6:43 pm
By adding value to their raw materials locally, African countries could diversify their technological capabilities and expand skills, an expert says.
The continent needs more strong industries that add value to raw materials before exporting them.
Makula Dunbar, 3:29 pm
Africa’s consumer-facing industries have the potential to deliver good investment returns, according to Robert Scharar, Commonwealth Funds manager and president of financial planning and investment firm, FCA Corp.
Makula Dunbar, 1:54 pm
Currency in Egypt continues to rise and fall. Egypt’s Central bank sells $38.4 million to other banks in hopes to stabilize the country’s finances
Makula Dunbar, 2:47 pm
Rockefeller $97 Million contribution will provide jobs for disadvantaged youth and others venturing into the digital market. Opportunities include work relating to web design, online research and tech center support.
Dana Sanchez, 11:02 am
Falling agricultural productivity, a rising middle class and more mouths to feed are driving up Africa’s food imports, and that could spell opportunity, or set off finger pointing. Bad luck could be blamed, according to an article in Financial Times. Rice crops were damaged by bad weather in Niger, Cameroon, Burkina Faso, Madagascar and Benin. Egypt’s cattle have been beset […]
Makula Dunbar, 6:11 pm
The Egyptian government addresses economic deficit, may cut down on subsidies for the poor
Makula Dunbar, 1:47 pm
UNICEF holds a two-day chronic malnutrition conference in Paris revealing that loss of productivity and health care costs related to child malnutrition in Africa amounts to $25 billion annually.
- Real Estate