Business Emerging Markets

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, […]

Uncategorized

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 […]

Business Finance

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 […]

Culture Lifestyle

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 […]

Columns Features Opinions

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 […]

Culture Lifestyle

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 […]

Features Op Eds Opinions

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 […]

Business Finance

Egypt: Economy and capabilities determine IMF deal

Egypt’s economy might be heading for the worst as the board of the International Monetary Fund (IMF) meets in a few weeks to consider almost a $5 billion financing agreement amidst political crisis in the country. The board will be requiring that there is no major change in economic outlook or policy when it makes […]

Business Finance

Egypt, Tunisia to recover frozen assets from EU countries

Egypt and Tunisia will shortly recover the assets that were frozen under sanctions decreed by the European Union against their former presidents Hosni Mubarak and Zine El Abidine Ben Ali, who were both toppled in Arab Spring uprisings. The Council of the European Union announced Monday that the EU took steps to facilitate the return […]