International Finance

Tag : EGYPT

Economy

Saudi looks to austerity measures to cut losses

Government is seeking advice from experts on downsizing budget Suparna Goswami Bhattacharya January 25, 2016: Saudi Arabia has reveled in its oil-rich economy for years, but is finally feeling the pressure of falling oil prices. So much that the government is considering austerity measures. There are enough reasons to think about austerity, especially since the...
Economy

Egypt betting big on a new capital

President hopes it will usher in new investments; however, such plans have failed in the past Suparna Goswami Bhattacharya April 29, 2015: Over the past 5,000 years, Egypt has changed its capital city 29 times. The Pharaohs of Egypt often moved the capital by building new cities. But since 950 AD, the country has had...
Economy

Amid unrest, Egypt’s entrepreneurs fueling revolution of their own

The north African nation is in the race to be the fastest growing entrepreneurial hub in the world Suparna Goswami Bhattacharya    February 6, 2015: Back in 2013 when majority of Egyptians were busy revolting against the then president Mohammed Morsi, there was a parallel revolution going on in Egypt involving the young from the...
Banking

Egypt: Making Home Ownership a Reality

Supporting a Competitive and Sustainable Residential Mortgage Market in Egypt. By, Eman Abd El Hady l World Bank The Egypt Mortgage Finance Project yielded some of the most impressive results Egypt has seen in the financial sector, enabling banks and non-bank lenders in the primary market to offer long-term market-based mortgage loans for residential housing. During...