Tag:

Egypt

China-Egypt Tourism surges solidifying bilateral ties

China-Egypt Tourism surges solidifying bilateral ties

China-Egypt Tourism surges solidifying bilateral ties

China-Egypt Tourism surges solidifying bilateral ties

By

Basilinna

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August 8, 2018

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Few nations boast a richer cultural lineage than China or Egypt. To draw a line from their present to their past is to trace the evolution of human civilization. Despite this shared global relevance, until recently the two nations have remained isolated by geographical circumstance. Now that is beginning to change as Chinese tourists flock to Egypt in record numbers.

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Green bonds can promote economic growth for Egypt

Green bonds can promote economic growth for Egypt

Green bonds can promote economic growth for Egypt

Green bonds can promote economic growth for Egypt

By

Deborah Lehr

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August 2, 2018

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Sustainability has taken another step forward in Egypt this month. On July 18, the Egyptian government announced a regulatory framework for the issuance of green bonds to promote sustainable development. The challenge, however, will be finding projects qualified for the “green” designation, especially since the definition of what constitutes a sustainable project is yet to be standardized in Egypt – or in most markets for that matter. And implementation and enforcement mechanisms for these standards are even less defined.

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Can China export fintech?

Can China export fintech?

Can China export fintech?

Can China export fintech?

By

Deborah Lehr

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May 28, 2018

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In China, a person can go a whole day without touching cash. One can grab breakfast from a food cart, jump on the subway, buy lunch at a restaurant and a drink from a vending machine, head back home again, stopping off at the grocery store to pick up food for dinner – just using one’s phone. More than 527 million Chinese citizens are doing this every day.

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中国能否出口金融科技?专家:埃及是个好选择

中国能否出口金融科技?专家:埃及是个好选择

中国能否出口金融科技?专家:埃及是个好选择

中国能否出口金融科技?专家:埃及是个好选择

据环球网科技此前报道,中国互联网络信息中心1月31日发布的第四十一次《中国互联网络发展状况统计报告》显示,我国手机支付用户规模增长迅速,截至2017年12月,达到5.27亿。 工信部总工程师张峰表示,截至2017年10月底,我国移动支付交易规模近150万亿元,居全球首位。

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Implications of the Egyptian Presidential Elections: Interview with Ambassador Yasser Elnaggar

Implications of the Egyptian Presidential Elections: Interview with Ambassador Yasser Elnaggar

Implications of the Egyptian Presidential Elections: Interview with Ambassador Yasser Elnaggar

Implications of the Egyptian Presidential Elections: Interview with Ambassador Yasser Elnaggar

By

Basilinna

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April 5, 2018

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In an interview, Ambassador Yasser Elnaggar, CEO of ENInvestment and Basilinna Senior Advisor, provides insights on the implications of Egypt's Presidential election for its economy and foreign affairs.

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Quick Take: Egypt's Presidential elections produces expected results. What does another Sisi term mean?

Quick Take: Egypt's Presidential elections produces expected results. What does another Sisi term mean?

Quick Take: Egypt's Presidential elections produces expected results. What does another Sisi term mean?

Quick Take: Egypt's Presidential elections produces expected results. What does another Sisi term mean?

By

Basilinna

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April 5, 2018

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As expected, President Abdel Fattah El-Sisi secured a second term this past March, receiving 97 percent of the votes but with only 41% voter turn out. Expect to see continued focus on growing the economy, including eliminating government subsidies, opening new sectors to foreign investment, and job creation. On foreign affairs, close ties will continue with the United States and China.

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Egyptian drivers hold the key to cleaner air

Egyptian drivers hold the key to cleaner air

Egyptian drivers hold the key to cleaner air

Egyptian drivers hold the key to cleaner air

As the slow wheels of government inch toward policies that lead to cleaner air, Egyptian drivers could hold the key to a faster result, with the answer provided by an unlikely partner – Chinese auto companies. The steadily growing demand for ground transportation has Egypt facing fast growing levels of greenhouse gas emissions, with 50 percent stemming just from vehicles.

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Greening the Belt and Road: opportunities for Egypt

Greening the Belt and Road: opportunities for Egypt

Greening the Belt and Road: opportunities for Egypt

Greening the Belt and Road: opportunities for Egypt

By

Deborah Lehr

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December 18, 2017

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Much has been made of China’s grand building plan for the Belt and Road Initiative, but little attention is focused on the “green” standards that China is proposing to receive this investment. Launched in 2013 by China’s President Xi Jinping, the B&R is a one-trillion-dollar plan to finance infrastructure investments spanning over 60 countries and covering three quarters of the world’s population.

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A Chinese helping hand

A Chinese helping hand

A Chinese helping hand

A Chinese helping hand

By

Ambassador Yasser Elnaggar

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October 24, 2017

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China is aggressively expanding in key regions and commercial sectors as the country seeks to become a global economic leader. Chinese President Xi Jinping has launched his signature foreign policy programme, the Belt and Road Initiative (B&R), to finance projects and programmes along a modern Silk Road and solidify ties with governments from Asia and Africa to the Middle East and Europe.

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Opportunities abound along the modern silk road

Opportunities abound along the modern silk road

Opportunities abound along the modern silk road

Opportunities abound along the modern silk road

By

Deborah Lehr

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August 28, 2017

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While China has announced it will restrict investments overseas to control capital outflows, it is encouraging investment projects that are linked to President Xi Jinping's One Belt One Road (OBOR) initiative. Chinese investments in the OBOR countries totaled $33 billion in the first seven months of 2017, already $2 billion higher than all of 2016.

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Egypt's new investment law

Egypt's new investment law

Egypt's new investment law

Egypt's new investment law

By

Morgan Routman

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August 16, 2017

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Egypt’s New Investment Lawbreaks down years of bureaucracy to open the market to foreign investors. The law will streamline the investment process, and aims to promote investments in under-developed areas and industries by offering some serious incentivesfor potential investors.

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Opportunities abound for investors in Egypt

Opportunities abound for investors in Egypt

Opportunities abound for investors in Egypt

Opportunities abound for investors in Egypt

By

Ambassador Yasser Elnaggar

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August 16, 2017

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With new government policies and regulations in place to support entrupreneurship and investment, there has never been a better time for Chinese investors in Egypt. The country’s economy is on the mend, but requires the unleashing of entrepreneurs’ potential to fully flourish.

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"Arab Fall: How the Muslim Brotherhood Won and Lost Egypt in 891 Days" by Eric Trager

"Arab Fall: How the Muslim Brotherhood Won and Lost Egypt in 891 Days" by Eric Trager

"Arab Fall: How the Muslim Brotherhood Won and Lost Egypt in 891 Days" by Eric Trager

"Arab Fall: How the Muslim Brotherhood Won and Lost Egypt in 891 Days" by Eric Trager

By

Deborah Lehr

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August 9, 2017

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In his detailed and well-researched book, Arab Fall: How the Muslim Brotherhood Won and Lost Egypt in 891 Days, Eric Trager tells the engaging true story of the Muslim Brotherhood’s rise and fall in the aftermath of the Egyptian January 2011 Revolution.

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Egypt ranks second among Arab countries in luring foreign investment

Egypt ranks second among Arab countries in luring foreign investment

Egypt ranks second among Arab countries in luring foreign investment

Egypt ranks second among Arab countries in luring foreign investment

By

Basilinna

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July 17, 2017

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Egypt has ranked second among Arab countries in attracting foreign direct investment in FDI in 2016, according to a recent report issued by The Arab Investment and Export Credit Guarantee Corporation. According to the report Egypt came second after UAE with attracting USD 8.1 billion as FDI, while KSA came in the third rank.

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Quick Take: Egypt's latest cabinet reshuffle: Implications for Egypt-China relations

Quick Take: Egypt's latest cabinet reshuffle: Implications for Egypt-China relations

Quick Take: Egypt's latest cabinet reshuffle: Implications for Egypt-China relations

Quick Take: Egypt's latest cabinet reshuffle: Implications for Egypt-China relations

By

Deborah Lehr

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February 27, 2017

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This latest reshuffle was meant to demonstrate action and shore up investor confidence as the economy continues to sputter along. Devaluation of the currency has helped make exports cheaper, but rising inflation is a potential challenge.

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Egypt's new ministers, governors sworn in before President Sisi

Egypt's new ministers, governors sworn in before President Sisi

Egypt's new ministers, governors sworn in before President Sisi

Egypt's new ministers, governors sworn in before President Sisi

By

Basilinna

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February 16, 2017

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Nine newly-appointed Egyptian ministers and five governors, including Egypt’s first female governor, were sworn in on Thursday before President Abdel-Fattah El-Sisi in Cairo as part of a cabinet reshuffle. The reshuffle, which mainly involves ministries related to public services and the economy, was approved by parliament on Tuesday.

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Landmark agreement protects Egypt’s #CultureUnderThreat

Landmark agreement protects Egypt’s #CultureUnderThreat

Landmark agreement protects Egypt’s #CultureUnderThreat

Landmark agreement protects Egypt’s #CultureUnderThreat

By

Deborah Lehr

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December 1, 2016

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Secretary John Kerry and Egyptian Foreign Minister Sameh Shoukry signed the first bilateral agreement between the U.S. and an Arab country to protect cultural heritage at a ceremony in the historic Treaty Room of the U.S. State Department this week.

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China in the Middle East: The Silk Road ahead

China in the Middle East: The Silk Road ahead

China in the Middle East: The Silk Road ahead

China in the Middle East: The Silk Road ahead

By

Yousra Abdelhameed

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November 11, 2016

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Basilinna was a part of MEI's roundtable that gathered experts on China and the Middle East and Northern Africa (MENA) region to focus on the growing political and economic ties between the countries as well as the implications of these growing ties on U.S.-China/U.S.-MENA relations.

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Egypt's economic situation still manageable, China key supporter: Experts

Egypt's economic situation still manageable, China key supporter: Experts

Egypt's economic situation still manageable, China key supporter: Experts

Egypt's economic situation still manageable, China key supporter: Experts

By

China Daily

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November 3, 2016

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The economic situation in Egypt is difficult yet manageable and China is a major economic supporter to the Arab country, said lawmakers and economic experts in a press conference held Wednesday at the State Information Service (SIS) headquarters in Cairo.

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Gov't should "invest" in Sisi's foreign tours to boost economy- principal Deputy Minister for Planning

Gov't should "invest" in Sisi's foreign tours to boost economy- principal Deputy Minister for Planning

Gov't should "invest" in Sisi's foreign tours to boost economy- principal Deputy Minister for Planning

Gov't should "invest" in Sisi's foreign tours to boost economy- principal Deputy Minister for Planning

By

Basilinna

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September 20, 2016

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Principal Deputy Minister for Planning, Ambassador Yasser Elnaggar, interviews with Youm7 newspaper for their Euromoney issue

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Sisi Follows the New Silk Road to Riches

Sisi Follows the New Silk Road to Riches

Sisi Follows the New Silk Road to Riches

Sisi Follows the New Silk Road to Riches

By

Huffington Post

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January 5, 2015

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When Egypt recognized the People’s Republic of China in 1956 — the first Middle Eastern and African country to do so — it ushered the fledgling communist country into the broader international community beyond the Soviet bloc

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Digging out of tourism downfalls: Egypt’s archaeology takes the stage

Digging out of tourism downfalls: Egypt’s archaeology takes the stage

Digging out of tourism downfalls: Egypt’s archaeology takes the stage

Digging out of tourism downfalls: Egypt’s archaeology takes the stage

By

Deborah Lehr

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December 17, 2014

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Finally, there is good news from Egypt. During a visit to Washington, D.C. last week, Egyptian Tourism Minister Hisham Zaazou announced that travel to Egypt is up 70 percent this year. Tourists are venturing back to the country despite political turmoil — casting a vote of confidence in President el-Sisi’s efforts to restore economic and political stability since taking office last June.

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