Monthly Archives: January 2012

January 19,2012 Revenues from Egypt’s vital tourism sector plunged almost 30 percent last year, dragged down by the unrest following the ouster of former President Hosni Mubarak, the government said Thursday. http://abcnews.go.com/International/wireStory/egypt-tourism-receipts-slip-30-pct-2011-15391817#.Tx07GiHzLW0

January 19,2012 Engineers Syndicate members launched a new initiative to raise LE12 billion from engineers working in Gulf countries in order to support the Egyptian economy during 2012 http://www.almasryalyoum.com/en/node/609821

January 18,2012 A year after Mubarak’s ouster, economic conditions in Egypt remain grim. The risk of a currency devaluation, and continued uncertainty over how much power the military is willing to hand over to a democratic government, are deterring new … Continue reading →

January 18,2012 Egyptian economy will, within seven years, be better than the Turkish and Malaysian economies, because of the economic programme of the party which wants to achieve a real developmental renaissance, an official in Freedom and Justice Party (FJP) has said … Continue reading →

January 18,2012 Egypt’s trade minister on Tuesday courted badly needed U.S. investment with a promise Cairo would maintain open markets, and said the Egyptian government was open to pursuing free trade talks with the United States.   http://af.reuters.com/article/investingNews/idAFJOE80H00P20120118

January 18,2012  A successful Egyptian transformation to democracy will require not only political reform, but also increased economic opportunities for the Egyptian people http://allafrica.com/stories/201201191069.html  

January 18,2012 Two months after mass protests ousted Egyptian president Hosni Mubarak last February, Ahmed Essam resigned from his job at a well-established software company to set up a six-person venture developing applications for smart phones.   http://www.reuters.com/article/2012/01/18/egypt-entrepreneurs-idUSL6E8C501620120118

January 18,2012 ver the weekend, more than one hundred entrepreneurs gathered in Griffin Hall’s Digitorium to design their own companies and pit them against each other in an event known as Startup Weekend, which stopped by Northern Kentucky University on … Continue reading →