“Pearls decorated sandals are the must have for this summer”, said Eva Moldovanidou, custom-made sandals designer adding that soft colors such as beige, light gold, white and light brown are dominant this year. “The good thing about an attractive (...)
As the world struggles with the uncertainty of Covid-19 and how it has affected all aspects of the economy, life will eventually go on. Among other sectors trying adapt is the fashion industry.
Maria and Danae Kanellopoulou (the KLNs), from Greece, (...)
Ahram Online spoke to nutrition consultant Dr. Mostafa Sary about how to strengthen the immune system and avoid gaining weight while staying at home due to the coronavirus pandemic.
EY: How can we strengthen our bodies' immunity in order to be able (...)
Given the exceptional relationship between Egypt and Greece, what are the current plans to expand cooperation?
There are many fields for cooperation between Egypt and Greece, be they in cultural or archaeological programmes. In other fields, there (...)
The recent burning of the Nestlé factory in Benha has resulted in a shortage of bottled water on the Egyptian market, with further shortages expected until production can return to normal. According to a company statement, the fire broke out in the (...)
As part of an initiative to promote Egyptian products in the Qatari market, the "Made in Egypt" exhibition will be held in Doha next month, Eman Youssef reports
The exhibition will be organised by the Egypt Expo and Convention Authority (EECA), (...)
The 45th Cairo International Fair attracted participants from 16 countries to the Nasr City fairgrounds, reports Eman Youssef
Despite Egypt's unstable political and economic climate, participants from some 16 countries joined 110 Egyptian companies (...)
Focussing on inflation
CURRENCY war is a term that was coined in 2010 to describe interventions to devalue currencies by major economies such as China and the United States. These interventions aim at enhancing the competitiveness of those (...)
Branding Egypt
"THE IMAGE of a country affects the way its products are perceived abroad," said Gudmund Semb, chairman of the Business Branding Network (BBN), emphasising that working on image and identity means making a significant contribution to (...)
A new survey charting the performance of the real estate market has been released, Eman Youssef reports
The survey, which was conducted by Synovate, an international market research firm, reveals that 21 per cent of upper and middle class Egyptians (...)
The government is trying to reign in runaway sugar prices while pulling the plug on a potential black market, Eman Youssef reports
Consumers were shocked recently when retail sugar prices doubled overnight with the price of one kilogramme of sugar (...)
Rice exporters are harshly affected by a government decision to double export duties, Eman Youssef reports
In an effort to stabilise prices and ensure rice availability for the local market, Minister of Trade and Industry Rachid Mohamed Rachid has (...)
A flu scare boosts sales of commercial soap and detergent products and increases revenues, Eman Youssef reports
The worldwide H1N1 flu and bird flu scare has led to strong demand for disinfectants. Recently, homes have become increasingly cluttered (...)
Selling BOA
THE BANK of Alexandria-Intesa Sanpaolo, may soon publicly offer some of its shares. Bloomberg reported this week that the bank management is in talks with the Egyptian government about the initial public offering. The government will (...)
GAFI gets new chief
AFTER three years of heading the General Authority for Investments (GAFI), Ziad Bahaaeddin is to be replaced by 40-year-old Assem Ragab starting next month. Ragab, a financier and banker with experience in big multinationals like (...)
A government decision to regulate Internet accessibility has raised the ire of many users. Eman Youssef surfs for answers
In a bid to provide affordable and equitable access to information, the Ministry of Communications and Information Technology (...)
The Central Bank of Egypt introduced the first ever 200 pound banknote earlier this month. Eman Youssef reports
The new 200 pound denomination, which was already distributed by the CBE to other banks, will facilitate transfers of bulk cash and also (...)
A mega event on information and communication technology took Cairo by storm. Eman Youssef was there
The 11th International Telecommunication and Information Technology Trade Fair and Forum for the Arab world and North Africa (Cairo ICT) opened its (...)
Turkey sees Egypt as a gateway to its exports to the Middle East market. Eman Youssef reports from Istanbul on the 10th International Business Forum
The 10th International Business Forum (IBF) was convened in Istanbul on 22 November in the presence (...)
Lower Corridor rate
THE MONETARY Policy Committee (MPC) of the Central Bank of Egypt (CBE) raised the overnight lending and deposit rates, known as Corridor rate, by 0.5 per cent on 2 November to 10.5 per cent and 8.5 per cent respectively. The bank (...)
Reforming education in the Middle East and North Africa is essential in raising economic, political and social standards, reports Eman Youssef
At the end of a three-day conference, education ministers from the Group of Eight (G8) and Broader Middle (...)
CAN you imagine paying three coins fare for a short taxi trip? This will soon become a fact of life by the end of June when Egyptian one pound paper notes and LE0.5 are replaced with coins of the same worth, Eman Youssef reports. The new coins are (...)
The Egyptian Counterfeit and Fraud Prevention Authority (ECFPA), local banks and Visa International are stepping up their efforts to fight credit card fraud in Egypt, reports Eman Youssef
While public and private partnerships have been working to (...)
BA on the market
THE MINISTRY of Investment has announced that it intends to sell between 75 to 80 per cent of the Bank of Alexandria's shares to a strategic investor. In advertisements published in international and local papers, the ministry said (...)
Egyptian agricultural exports work to meet yet another stringent standard for entry into the EU, reports Eman Youssef
Agricultural exports vying to enter into the EU are working towards complying with the WTO- ordained standards on traceability. (...)