According to the latest Mastercard Worldwide Index Survey, Egyptian consumers look set to save less over the next six months. The survey, undertaken in March and April 2009, studied the saving priorities of 2,600 consumers across the Middle East in (...)
CAIRO: A year on from the start of the global financial crisis, the emergency brakes of Egypt s rickety development train have been lifted: although GDP has dropped by around 2.2 percent, the wheels are beginning to turn again and economic observers (...)
CAIRO: Om Adel is 55 years old. She has scraped a living since her husband died a decade ago by buying and selling scraps of raw materials, primarily leather, and selling them to manufacturers in her neighborhood of Gamaleya.
Her skin is swarthy, (...)
CAIRO: Om Ahmed squats on a low stool behind the counter of her sweet stall in Bulaq El-Dakror, holding the ends of her niqab in bunches so as not to let it touch the dusty floor. Her eyes flicker nervously at the ahwa across the road.
"My (...)
CAIRO: An Egyptian student at the British University in Egypt (BUE) became the first Egyptian to win the annual Dubai Summer Surprises Apprenticeship Program.
Sherif Tawfiq, a business student put himself forward for the competition, along with (...)
CAIRO: Business and technology experts from around the region met in Cairo Monday to discuss the challenges facing the IT industry following the global economic crisis.
IDC s IT Managers Forum and Expo 2009, titled "Making IT Matter: Finding (...)
CAIRO: The president's son and head of the ruling National Democratic Party's policies secretariat, Gamal Mubarak, will address the views and challenges of Egyptian youth on Aug. 12 in a speech that will be broadcast live online.
He will address (...)
CAIRO: A government-sponsored project has put the number of street children in Cairo at 5,500 and voiced concerns that certain NGOs are inflating the figures in order to get more funds.
Somaya Al Alfi, the director of the National Council for (...)
CAIRO: The Middle East is one of the 10 largest confectionary markets in the world, according to a recent study by TNS Media Intelligence.
The region's confectionary market, which has grown by 15 percent over the last three years, is currently (...)