“We cannot ignore latest movements that threaten our ability to develop business and create jobs,” says EBA’s chairperson
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Activation of partnerships between private and public sector became necessary
Hotel occupancies rose in Alexandria by 60%, Ain Sokhna by 80%, Sharm El-Sheikh by 70% and Hurghada by 75%
Real estate workers are hoping the sector will recover and return to the growth rates visible prior to the 25 January Revolution. It is hoped the recovery will stem from the government’s Suez Canal Project and its plan to offer several other mega projects, on the North Coast, Upper Egypt, and in the Golden Triangle …
Hamdi Rashad said the government, and ministers in particular, needed to take tangible steps to address the country’s economic problems.
The President of the Egyptian Businessmen Association, Hussein Sabbour, relays to Daily News Egypt his concerns and diagnosis of Egypt’s economic crisis and sheds light on how Egypt can overcome the perils of status quo