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Reformist zeal put to the test
 Egypt's decade-long and until now successful economic reform programme is beginning to look more like a hesitant shuffle than a forward march. The ageing government leading it seems to have paused for breath. At the same time, Egypt's five-thousand-year tradition of highly centralised and authoritarian rule, based in the past half century on an all-powerful presidency underpinned by the army, is showing some signs of mutation but none of renewal. ...more
DEMOCRACY:
Political forces fight for a voice
Conviction often takes second place to expediency within the Egyptian political establishment, which prides itself on denying the people any big surprises. ...more
CIIC:
Independent streak secures a wider regional role
Landmark transactions are perhaps less complicated to secure when a company is one of only a handful in the domestic market with the skills and resources to complete the deal in hand. But with a string of firsts under its belt, CIIC is now drawing upon a solid local foundation to catapult it on to the regional stage. ...more
LAND RECLAMATION:
Engineering transformation
Tapping the potential offered by the 96.5 per cent of Egypt's land area which as yet remains uncultivated and undeveloped, has become the task to which the government has so far committed more than $200m in investment, with the aim of encouraging the private sector to invest a great deal more. ...more
ENERGY:
Fuel for the economy
Although exports of crude oil continue to bring in the foreign exchange and recent finds may even check the slow decline in oil production, it is Egypt's abundant reserves of natural gas that are attracting western energy companies. ...more
STOCK EXCHANGE:
From coffee shop to high-tech system
Since the mid-1990s, Egypt's stock exchange has undergone a dramatic modernisation - cramming several generations of evolution into barely five years. ...more
BANKS:
State remains key player
Moves towards compliance with Central Bank regulations governing the internal practices of the banks have enhanced the banking sector's depth and the ability of the banks to adapt to a changing climate. ...more
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