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Stable outlook for Levant, North Africa in 2019, although slowing reforms point to downside risks: Moody’s

The 2019 stable outlook for sovereign creditworthiness in the Levant and North Africa region reflects support from modest domestic growth and some expected further progress on fiscal consolidation, set against the slowing pace of structural and fiscal reforms in most countries, Moody’s Investors Service said in a report on Tuesday. The report titled, “Sovereigns – …

Daily News Egypt

Future of Peace, Reconciliation in Multi-polar world

Davos- In recent years, a certain question has been on the rise, “Is the world becoming less violent?” despite the fact that statistically the world has become less ‘deadly’, conflict and disorder are on the rise, with massive bloodshed in Afghanistan, Syria, and Yemen. What is common in today’s armed conflicts, is the fact that they …

Mohamed Samir

Davos: the so-called 1 percent annual meeting

 Davos- What is Davos? It is the annual Mecca for thousands of top businesses, political and non-profit leaders, who attend the annual World Economic Forum (WEF) conference that takes place in Switzerland. Under a valiant mission of “improving the state of the world”, the global elite hold a four-day meeting in the ski resort town of …

Mohamed Samir

2018 saw rents, sale prices improve across Cairo: JLL

The residential sector has performed strongly throughout 2018. The strong performance of the off-plan sector has however negatively impacted the secondary market, as buyers are preferring to hold off and wait to purchase off-plan units completed in 2019, according to JLL’s A year in Review 2018 report. The report noted that the strongest performing sector of the sales …

Shaimaa Al-Aees

“2019 better for paper sales”: head of printing, packaging, paper division

Undoubtedly, the floatation of the Egyptian pound severely impacted the publishing industry in Egypt. However, the more stable economic conditions became, the further hopes increased for an improved situation for such an important industry. The General Manager of the Printing, Packaging, and Paper Division in the Federation of Egyptian Industries, Mahmoud Hasanain, supplied Daily News …

Daily News Egypt

The public sector heavily influences where the direction taken by the Egyptian book industry Hassan Ibrahim

Book exports deprived of financial subsidies: head of ECBA

One of the biggest challenges that the publishing industry in Egypt is facing is the lack of government subsidies to finance such an important industry, impeding from reducing the burdens it is facing. Unfortunately, even Egypt’s publication exports—book exports in particular—also do not receive any type of support, especially financial subsidies, according to Ahmed Helal, …

Daily News Egypt

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