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28 Dec 2016

Tech Startup ShadeCraft to Reveal Outdoor Smart Home Technology, World’s First Autonomous Shading System to be Showcased at CES Unveiled

ShadeCraft:

What: ShadeCraft, a robotic and tech start up based in Los Angeles, to reveal world’s first autonomous solar powered and robotic shading system at CES. Its premiere product, Sunflower, uses"...

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27 Dec 2016

BenQ Unleashes World’s First and Only Innovative DLP 4K UHD Home Cinema Projector

Global No.1 DLP projector brand - BenQ unveiled their ultimate digital home cinema projector W11000 - the one and only DLP 4K UHD projector to earn prestigious THX Certification. Fully meeting Consumer Technology Association’s (CTA)"...

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26 Dec 2016

Egypt's sugar crisis: Bittersweet increases


“Some government decisions have contributed to the sugar crisis,” declared the owner of one private sugar factory talking to Al-Ahram Weekly on condition of anonymity.

He said that the tariffs imposed on sugar earlier this year, the recent increase in the value of"...

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26 Dec 2016

Egypt's ugly face of inflation


Basma Mahmoud is a young, newly graduated physician. Late last month as the weather suddenly got colder she decided to buy a pair of winter shoes and a new handbag. She headed to one of Cairo’s medium-priced shops, a place where an item might average around LE200. However, she found that the prices had doubled.

For"......

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26 Dec 2016

PM decides re-forming ministerial committees

Prime Minister Sherif Ismail decided on Saturday 24/12/2016 to re-form the ministerial committees for production, services, economy and social justice.

The ministerial committee for production will be under the chairmanship of the premier and will comprise the ministers of electricity, investment, military production, petroleum, agriculture, industry"......

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26 Dec 2016

Brokerage companies pin hopes on flotation, government offerings

Brokerage companies are pinning hopes on the Egyptian Exchange (EGX) continuing to benefit from the decision to float the Egyptian pound, which is supported by the implementation of the government offerings programme, until the situation of these"...

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26 Dec 2016

Economic reforms to give Egypt an investment lift

Despite global economic headwinds, Egypt is building a strong reform story for 2017 that is anchored by economic improvements under an attractive investment climate, stated a press release issued by Cityscape Egypt.

The note added that over the last year, the country’s economy has undergone"...

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26 Dec 2016

Egypt targeting 5% growth by mid-2018

Egypt targets a five percent economic growth rate in the year to June 2018, the finance ministry said Sunday as the government seeks to revive an economy battered by political turmoil.

Egyptian authorities have battled"...

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26 Dec 2016

The Ethiopian dam between Egypt and Saudi Arabia

A photo of Saudi official Ahmad Al-Khatib visiting Ethiopia’s Renaissance Dam has apparently been taken by some media outlets as a pretext for an exchange of insults that portray warm Saudi-Egyptian relations as nosediving. Even if the photo and visit are intended for hidden purposes other than tourism and investment, managing the crisis via media is a...

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26 Dec 2016

1,736 social, economic and labor protests in Egypt in 2016 – ECESR

According to figures issued by the independent Egyptian Center for Economic and Social Rights (ECESR) in a report on Monday, a total of 1,736 protests took place in Egypt over the course of 2016. This figure represents a decrease in the number of protests that"......

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