CIB, NBE and Ahli United Are Among Egypt’s Top Banks in 2017

CIB, NBE and Ahli United Are Among Egypt’s Top Banks in 2017

  If you are still wondering which bank to trust with your life savings, we’ve got the best in Egypt for you. The results of Business News‘s seventh edition of the Bank Performance Indicators in Egypt in 2017 were just announced, and we have our winners.   The National Bank of Egypt (NBE) had the highest […]

Are Fuel Prices Increasing Again in Egypt?

Are Fuel Prices Increasing Again in Egypt?

  Al Mezan News, an Egyptian online magazine that focuses on the economy, released an info-graph that shows the increase in gas prices that is expected to take place next month in Egypt. A huge buzz is expected to take place once the news is confirmed.   People are still questioning this piece of news as […]

Everything You Need to Know About ‘the Made in Egypt’ Exhibition

Everything You Need to Know About ‘the Made in Egypt’ Exhibition

From July 6th to July 10th, Egypt will be home to The Made In Egypt exhibition. The exhibition will be the place to go for both foreign and local investors, and business owners looking to get a clear view on available investment opportunities that exist in Egypt.   Indeed, an approximate number of 300 companies […]

Egypt’s Minister of Supply Shuts down Soaring Prices Complaint: ‘Mesh 3ayez Kalam We Khalas’

Egypt’s Minister of Supply Shuts down Soaring Prices Complaint: ‘Mesh 3ayez Kalam We Khalas’

  Every single citizen in Egypt is currently suffering from the soaring unrealistic prices. Nothing, and we mean absolutely nothing, is affordable right now, whether it’s clothes, groceries, tuition fees, real estate, furniture, etc. The least the government can offer us right now is a shoulder to cry on, since the light at the end of […]

Egyptian Tour Guide Brilliantly Promotes Tourism with Creative Social Media Videos

Egyptian Tour Guide Brilliantly Promotes Tourism with Creative Social Media Videos

  For the past few years, Egypt has been trying to survive the economic and touristic chaos. Our country, that used to have some of the top touristic sites in the world, has been suffering gravely ever since the revolution took place.   Yet, this year we have high hopes. We have advertising agencies showing […]

Egypt, Saudi Arabia and Turkey Among Top 32 Most Powerful Economies in 2050

Egypt, Saudi Arabia and Turkey Among Top 32 Most Powerful Economies in 2050

  As much as the overall impression of Egypt’s economy does not carry any optimistic vibes, a recent report says otherwise. PwC released a report that studies the economies of different countries and suggest the biggest and most powerful ones in 33 yeas.   “The long view: how will the global economic order change by 2050?” ranked 32 […]

Are People Stealing Food and Eating It at Carrefour Egypt Instead of Shopping?

Are People Stealing Food and Eating It at Carrefour Egypt Instead of Shopping?

  Photos have surfaced online of what seems like a Carrefour Egypt branch, with an apocalyptic twist. Facebook page فبراير الأسود (which translates to Black February) have posted a total of 26 photos that allegedly show goods and products that have been stolen, eaten and thrown away on the ground.     The post has been […]

7 Tweets Guaranteed to Make You Laugh About the Current Situation in Egypt

7 Tweets Guaranteed to Make You Laugh About the Current Situation in Egypt

by Menna Abu-Zahra

The past couple of days in Egypt have been intense to say the least. Ever since the Egyptian pound floated, every single Masry has become a financial expert, a currency dealer and a political analyst. I don’t blame them, I totally understand actually, because their future is at stake, but the opinions are just so overwhelming (not to mention […]

BREAKING: Central Bank Floats EGP to 13

BREAKING: Central Bank Floats EGP to 13

  BREAKING NEWS: The Central Bank of Egypt this morning floated the pound to 13 EGP to 1 USD, Enterprise reported just before 9am. It added that the pound will initially be allowed to fluctuate 10% up or down.   A devaluation has been expected for weeks now, amidst a foreign currency crisis, spiraling black market […]

Now That You Can’t Find It, Here Is the Egyptian Alternative

Now That You Can’t Find It, Here Is the Egyptian Alternative

By Menna Abu Zahra

There are so many reasons why buying Egyptian goods will contribute to a better economy but I’m not going to bore you with a lecture. But I would just like to tell you that it’s good for you, and more importantly, it’s good for the economy. With the ridiculous increase in prices lately, and products missing […]

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