Reports have been claiming that Dubai’s Majid Al Futtaim# (MAF) was in talks with Egypt’s Mansour Group# to buy its supermarket business in a deal valued at $200 million to $300m and it has led to Arabian Gulf firms present in Egypt to develop a zeal for expansion despite low valuations. It’s also signaling a […]
Tag: Egypt
Egyptian artists flies flag high in Barcelona
Iman Issa, an egyptian contemporary artist has won the Fundació Han Nefkens Macba Contemporary Art Award in barcelona. The award is a new category included in the event and according to Fundació Han Nefkens (FHN) and the Museu d’Art Contemporani de Barcelona, its inclusion is geared towards consolidating the career of artists with many years’ […]
Iran’s Pyrrhic Victory
The one persistent feature of Iranian foreign policy since the toppling of the Shah in 1979 was its rather grandiose optimism about its own ascendance to a hegemonic role in the Middle East. The ayatollah’s Islamic Republic never considered the revolution it had kidnapped to turn inward. Instead, the leaders of the Islamic Republic of […]
Egypt: Gold exportation reactivated finally
The shipment load of 1,600 kilograms of gold extracted from the Sukari Gold Mine has finally left the shores of Egypt for Netherlands after being stooped from leaving since last week. The gold upon arrival at Netherlands will be purified and sold in the global market. Speaking about the blockade, the managing director of Centamin, […]
Egypt: Oldest pyramid risks crumbling
The pyramid of Djoser, the oldest pyramid in Egypt, might soon fall according to archaeologists, professors and antiquities enthusiasts. The six-stepped layered structure stands 62 meters high and was built under the reign of Pharaoh Djoser in 2611 BCE, as his final resting place. The pyramid is recognized by UNESCO as a world heritage site […]
Egypt issues gasoil importation tenders
The Egyptian state oil firm has issued a tender to purchase around 500,000 tons of gasoil for delivery into Mediterranean ports between January and March next year according to a tender document. The tender is for 15 cargoes to be delivered in Alexandria, Egypt’s second largest city and El Dekheila. Bidding ends on the 18th […]
Egypt’s cultural tourism to be boosted
A musical and archaeological celebration was held at the house of Lord Howard Carter who is honored for discovering the intact tomb of King Tutankhamun marking the 90th anniversary of the discovery. Present at the ceremony were the Minister of Tourism Hisham Zaazou, Minister of Archaeology Dr Mohamed Ibrahim, Governor of Luxor Dr Ezzat Saad […]
Social Media in North Africa: a ‘Double-Edged Weapon’
How important has been the role that social media have played in the Arab Spring uprisings and the subsequent democratic transformation affecting the North African region? This is a question that has been hotly contested in both policy-making and academic circles essentially ever since a Tunisian fruit vendor’s act of self-immolation swiftly wreaked havoc with […]
Egypt: Art takes centre stage for months
If the Egyptian revolution has affected the economy, a lot of local artists are benefitting from it because it has helped to expose their works. Art forms as graffiti have now moved from the status of vandalism to a newly-appreciated form of visual art. Mashrou3 Hagar or Hagar’s project is helping them to express themselves […]
Post-Arab Spring Tourism Industry: Back in Business
It has been almost two years since the Arab Spring hit the countries of Middle East and North Africa. While some nations have taken a fresh breath of freedom, others have plunged into misery. Day-to-day riots and protests have paralyzed the socio-political functioning of the region, and stifled the tourist industry – the crux of […]









