Trial of protester accused of storming Morsi palace with a crane begins    ON THIS DAY: The last time Zamalek beat Ahli    Investigations into food poisoning scare at Al-Azhar Univ.    KSA executes, crucifies 5 Yemenis for murder    CNN's Peter Bergen writing book on terrorism in US    5 killed in Iraq bombings    Israel Fires Back At Syria After Gunshots At Its Troops    Who rules in Sinai?    January Revolution unleashes hunt for October War heroes    Annotated 'Harry Potter' 1st edition on auction    Khaled Hosseini's new book is another tear-jerker: AP review    US Names Envoy To Combat Anti-Semitism, Warns Of Rising Incidents    Ahly's defender Sherif Abdel-Fadil signs a new deal    Former Egypt striker added to Ahli staff    Chevron nears sale of Egypt, Pakistan downstream assets: Sources    Vodafone keeps Verizon payout after European weakness    Europe Stocks Pause For Breath, Carnival Sinks    Gold Prices Rise, Following Up On ‘Key Reversal'    Putting Suez Canal project on hold    Ferguson heads into retirement with manager of year title    Egypt Presidency Vows 'Decisive' Response To Sinai Kidnappings    Sinai Residents Clash With Police At Protest Over Security Vacuum    Egypt's Morsi Confers With Religious Leaders On Kidnapped Soldiers File    IMF Raises Egypt 2013 CPI Forecast To 10.9%, Highest Since 2010    European shares slip from five-year highs    Oklahoma tornado death toll rises    Jose Mourinho in memorable quotes    Zamalek begin cup campaign without key trio    Monster tornado devastates area near Oklahoma City    Antiquities minister: UNESCO threatens to declassify heritage sites    Presidency denies negotiations with kidnappers    12 more defendants referred to court in Al-Khosous trial    Lethal medicine sold in broad daylight    Morsi: NGOs Law To Be Discussed With Different Parties Before Its Approval    Students launch organic soap company Saboony    Two Egyptian Journalists, Critical Of Morsi, Face Trial    Bite Me Cairo: Once upon a time    Turkey: 1 killed, 24 injured in balloon crash    26 killed in multiple car bombs in Iraq    Yahoo to buy Tumblr for $1.1bn    Gunmen storm security camp in Egypt's Sinai Peninsula    Eurovision Song Contest Won By Denmark    U.S. 'Idol' Winner Shines Light On South's Gullah Culture    Iranian director's taut family saga rivets critics at Cannes    David Beckham is to retire from football    Emma Watson wows in glitz gown at Cannes    Goons of the intellect    AUC showcases its musical range in stunning double feature    

Articles of the author Nesma Nowar
Not found in schools
If there was a time entrepreneurship was most needed, these days would be as good a time as any. In the aftermath of the Arab Spring and in the wake of a global financial crisis, the Middle East and North Africa (MENA) region is witnessing high rates of unemployment and is facing mounting pressures (...)

15 - 05 - 2013
Shoring up entrepreneurs
Many studies have shown the importance of entrepreneurship in creating jobs, increasing productivity and boosting economic growth. However, according to the 2010 Egyptian Global Entrepreneurship Monitor Report, Egypt is among the lowest ranking countries in entrepreneurial activities such as (...)

15 - 05 - 2013
The MDG clock ticks
With only two years away from the 2015 target for reaching the Millennium Development Goals (MDGs), progress has been diverse across goals and regions, according to the World Bank and International Monetary Fund's (IMF) recently launched Global Monitoring Report 2013, which assesses progress (...)

07 - 05 - 2013
Sluggish growth in the offing
Growth in the North Africa and Middle East (MENA) region's oil-importing countries did not exceed two per cent last year, with an average growth rate of 1.2 per cent, according to the IMF's World Economic Outlook (WEO) report, which was launched last week. The report attributed the modest growth (...)

24 - 04 - 2013
Caught in the middle
The Islamic Research Academy (IRA) of Al-Azhar said last week that the new law called sukuk, or Islamic bonds, still needed amendments to be compliant with the principles and provisions of Islamic Sharia. The IRA stated in its report, which was sent to President Mohamed Morsi and the Shura Council, (...)

16 - 04 - 2013
Not attractive enough?
In a bid to stop the dollarisation process and encourage people to keep their deposits in Egyptian pounds, Egyptian banks recently raised interest rates on Egyptian-pound-denominated long-term deposits. The National Bank of Egypt, the country's largest public-sector bank, raised interest rates on (...)

09 - 04 - 2013
Real estate on hold
Despite the current political and economic turbulence, local and foreign investors have been showing their confidence in Egypt's real estate sector and its ability to contribute positively to economic growth. The country's solid real estate market is attributed to its strong fundamentals, notably (...)

03 - 04 - 2013
Fuelling anger
Cairo traffic was crippled this week as a result of a strike by microbus drivers protesting against diesel shortages. Major roads in and around the capital were blocked by angry drivers, many of whom had to wait for hours to buy diesel fuel. The blocked roads caused traffic chaos, with commuters (...)

12 - 03 - 2013
Looking for a technological fix
It is sometimes said that if you can drive in Cairo, you can drive anywhere. Motorists and pedestrians travelling by Cairo's roads must develop special maneuvering skills in order to survive, and it can be hard to know what's going to happen next when it comes to venturing onto the city's (...)

06 - 03 - 2013
Sukuk goes to Shura
After lengthy debate and weeks of delay, the final version of the law regulating the issuance of sukuk, or Islamic bonds, was approved by the cabinet and sent to the Shura Council's economic committee this week for discussion and endorsement. In a press conference on Sunday, Minister of Finance (...)

05 - 03 - 2013
Towards takaful
Takaful has been a haven for many Muslims around the world who consider conventional insurance policies to be haram, or religiously forbidden. Takaful, or Islamic insurance, is one Islamic financial instrument that has been growing robustly as a Sharia-compliant alternative to conventional (...)

20 - 02 - 2013
More Sokhna demos
Operations at Sokhna Port are still being interrupted as a labour strike there enters its second week, forcing incoming cargo ships to head to alternative ports inside and outside Egypt, the state news agency MENA reported on Sunday. Starting on 31 January, some 1,200 workers employed by (...)

12 - 02 - 2013
Towards costlier drugs
Egyptian patients are being faced by higher drug prices and a shortage of some medicines as the depreciation in the value of the Egyptian pound against the US dollar has caused problems for the country's pharmaceuticals industry. Early in January, the Ministry of Health approved an increase in the (...)

05 - 02 - 2013
What's in it for me?‬
As much as social insurance is important, ‬many workers in Egypt do not have access to it. ‬Social insurance is a government sponsored programme which intends to promote the welfare of the population through assistance measures. ‬People receive benefits or services in recognition of contributions (...)

09 - 01 - 2013
Sukuk conundrum
After weeks of discussion and preparation of a new sukuk, or Islamic bonds law, the Islamic Research Academy of Al-Azhar (IRA) has refused the Ministry of Finance's draft law on sukuk during its meeting last week. The decision was later supported by the Shura Council's Economic Committee, which has (...)

09 - 01 - 2013
Sukuk unleashed
At the end of 2012, the Egyptian economy is in a shambles, having worsened considerably over recent months. With a budget deficit expected to reach some LE200 billion and dwindling foreign reserves of $15 billion, the government is exploring all the options available to bridge the financing gap, (...)

01 - 01 - 2013
Craving assistance
For those who want to see economic development and prosperity grow in Egypt, ‬empowering small and medium-sized enterprises (‬SMEs) ‬should be a national priority, ‬experts agree.‬ Egypt's SMEs account for more than 98 ‬per cent of total companies and 80 ‬per cent of employment in non-agricultural (...)

12 - 12 - 2012
What about the economy?
After a process that lasted six months, the Constituent Assembly has approved Egypt's final draft constitution that will go to a national referendum 15 December. However, the draft has faced much criticism as far as economy is concerned. Article 14 to Article 30 stipulate the economic principles of (...)

05 - 12 - 2012
A Turkish boost
Turkey is on everyone's lips these days in Egypt. There is growing sentiment by both government officials and ordinary citizens for forging stronger links and fostering broader economic ties with the country. Egypt-Turkey economic rapprochement has always been significant for both countries, but (...)

21 - 11 - 2012
Delayed reforms
A new study says efforts by governments in the Middle East and North Africa to improve the business climate have been hampered by the Arab Spring, reports Nesma Nowar Despite significant reforms achieved by Middle East and North Africa (MENA) countries regarding their business environment during (...)

25 - 10 - 2012
Aiding or dictating?
Although suspicions surround the recent pledges of Qatari investment, Egypt is in dire need of these monies, writes Nesma Nowar Qatar will invest some $18 billion in Egypt over the coming five years, the Qatari prime minister, Hamad Bin Jassim, announced recently. The investment projects will (...)

13 - 09 - 2012
Approving depreciation
The pound is heading south and for the first time in years the Central Bank is not cushioning the fall, reports Nesma Nowar At the start of the week, the dollar was sold at LE6.1, the lowest in seven years. The recent decline continues a trend that stripped the local currency of 5.5 per cent of its (...)

06 - 09 - 2012
Security in Sinai
A recent government decision that allows foreigners to invest in Sinai is moot without restoring stability in the strategic peninsula, writes Nesma Nowar The Egyptian government agreed last week to allow foreigners to invest in Sinai with a maximum stake of 45 per cent in any Sinai-based project. (...)

06 - 09 - 2012
Not a drop to drink
An unprecedented shortage in the supply of bottled water leaves the market thirsty, Nesma Nowar reports Bottled water is a scarce commodity in Egypt these days. Supermarket racks are empty of bottled water and customers often have to visit more than five places in the hope to getting one bottle of (...)

30 - 08 - 2012
Eid delights
Egyptians are keen on keeping up the tradition of buying new outfits for Eid, no matter what, reports Nesma Nowar "I have to buy new clothes for my children in Eid, it is a must," said Sarah Salah, a mother of two children. "Festivities are not complete without new outfits for the kids," she added (...)

16 - 08 - 2012
Advertisement

Report inappropriate advertisement
Please help us to block an inappropriate advertisement by telleing what was the website it links to :





Thank you for reporting!
We will review the advertisement in order to ban it.