Latest in Tag: Oxford Business Group Highlight
Latest in Tag: Oxford Business Group
Oxford Business Group signs MoU with Egyptian Businessmen’s Association for 2022 economic analysis
Under the agreement, the EBA will team up with OBG to produce the Group’s first post-pandemic analysis of Egypt’s investment opportunities and economic development, and other related content.
Oxford Business Group evaluates Africa’s private equity, VC industry amid COVID-19
Private equity and venture capital drive growth opportunities in Africa, says global research company
OBG lauds Egypt’s IT infrastructure, global footprint in outsourcing industry
The budding segment has been supported by the government, which offers financial incentives to outsourcing companies. The Egyptian government has also invested in the necessary telecommunications infrastructure upgrades to support BPO, such as 4G and fibre-optic cable networks, OBG noted.
Emphasis on industries less dependent on imported materials should accelerate Egypt’s 2020 growth: OBG
One challenge that remains is impact of economic reforms on consumer spending
Egypt’s bid to enhance the private sector mapped out in OBG’s forthcoming report
EBA signs new MoU with OBG to provide the latter with valuable additional resources to carry out their research
EGP to increase by 3.5% reaching EGP16 per $1 by beginning of 2020: OBG
The OBG explained that it expects an increase in the EGP value by 3.5%, to reach EGP 16 per $1 by the beginning of 2020.
Egypt reaps rewards of structural reforms: OBG
Noteworthy, Egypt has been implementing economic reforms as part of a $12bn three-year programme agreed with the International Monetary Fund (IMF) in November 2016, including the cuts to energy subsidies and pound floatation, as well as the introduction of the value-added tax.
Egypt postpones government’s IPO programme amid emerging market speculation: OBG
Despite volatility, country has fared better than other emerging markets due to economic reforms, says chairperson of HC Securities
Macroeconomic picture improves, yet progress needs to be made on unemployment, closing housing gap, financial inclusion: OBG Egypt director
Throughout the past three years, Egypt has been through tough but necessary economic reforms, undertaken by the authorities and supported by the International Monetary Fund (IMF). The reforms aim to improve Egypt’s public finances, curb the budget deficit, and get the currency shortage under control, all while achieving sustainable growth. The economic reforms came after …
Egypt has potential to attract 60m tourists in next 10 years: OBG
In 2017, about 8.3m tourists visited Egypt, says OBG Egypt 2018 report
FDI topped $8.1bn in 2016: OBG
Egypt’s economic recovery is gaining ground, with investor interest rising, says OBG editor-in-cheif
Inflation continues to represent challenge to economic stability: Oxford Business Group report
More funding on the way as Egypt’s economic reforms yield results: OBG’s “Egypt Economic Update”
Unified Investment Law to further increase Egypt attractiveness: OBG Africa managing editor
US aid cuts will unlikely deteriorate economic ties
Egypt’s economic reforms on right track, but still plenty of room for improvement: Robert Tashima
Providing an inclusive basis for growth and improving the lives of the average Egyptian is more important than GDP growth
OBG publishes its expectations for Egypt’s Banks
The group expects positive results and describes the outlook as stable
Sustainable customer analytics essential for Egyptian retailers to maintain competitiveness: Booz Allen Hamilton
Customer analytics investment provides exciting opportunities for the growth and development of retail sector workers in Egypt to help them remain competitive in the region, according to a report by strategy and technology consulting firm Booz Allen Hamilton. The report, titled “Next Generation Retailers: Power Up Your Analytics”, sheds light on how data analytics can …
SME financing ramps up in Egypt
Small and medium-sized enterprises (SMEs) have aided Egypt’s economic recovery, but there is still room for improvement, says report by Oxford Business Group
EGP 47.5bn total investments in property market in FY 14/15: OBG
The government must lead the efforts to incentivise social housing because private sector developers seek the higher end of the market, says the report
Djibouti ensures investors profit in dollar: central bank governor
Djibouti’s economy grew by 5% in 2013, by 5.9% in 2015, and it is expected to reach 6% in 2016, says OBG report
Egypt Year in Review 2015
The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolutionary period marked by continued upheaval and sluggish growth. The first part of the year saw a range of encouraging developments, including the completion of the strategically vital Suez Canal expansion, the commitment of more than $35bn in planned foreign investments, closer …
Egypt’s power supply gets an encouraging boost
By Oxford Business Group A $9bn deal inked in Egypt will give a substantial boost to the country’s electricity generation capacity, helping the government address power shortages and support a growing population and economy. On 3 June, German industrial conglomerate Siemens agreed to a deal to supply gas and wind power plants that will …
EGX-listed companies, high capital long-term projects most appealing to foreign investors: OBG official
Economic Summit’s success was in impression and image it conveyed, Tashima said
Egypt gains momentum in ICT outsourcing
By Oxford Business Group Egypt has long been a cost-competitive destination for offshore services, such as business process outsourcing (BPO), but a spate of new agreements with a number of large investors has given the ICT sector a further boost, with thousands of potential new jobs in the offing. Egypt’s Information Technology Industry Development Agency …
Central Bank of Egypt leans on currency devaluation
By Oxford Business Group A series of moves by the Central Bank of Egypt (CBE) to devalue the pound and limit dollar activity are expected to help shore up foreign reserves and eliminate black-market currency trading. The controlled devaluation of the currency earlier this year from EGP 7.14 to EGP 7.62 to the dollar has …
Egypt looking to mend economy with energy moves
By Oxford Business Group Egypt has been making impressive progress in straightening up its balance sheet in recent months. Steep cuts in energy subsidies coupled with a drop in world oil prices have given the Middle East’s most populous country some fiscal breathing space, following three years of increasing budget deficits, mounting debt and …
Signs of rebound in Egypt’s tourism sector
By Robert Tashima The government in Egypt is expecting a recovery of its tourism sector by next year after the latest data showed the tide may be turning for an industry hit hard by domestic instability over the past three years. With Egypt’s recent period of relative calm following the May election of President Abdel Fattah …
Misunderstanding Africa
By Robert Tashima Gold, oil, timber, cocoa: these four words could sum up the essence of African economic development over the 20th century. Investors dug mines, brought in derricks, and chopped down trees, but with few exceptions that was largely it. The impact of this was significant. Per capita GDP declined in the 1980s, …
Competition set to rise in Egypt’s telecoms industry
By Oxford Business Group A new licence system governing Egypt’s fiercely competitive telecoms sector is expected to be rolled out within weeks, paving the way for mobile and fixed-line operators to vie for each other’s business. While the country has a large consumer population, as penetration has passed 100%, telecoms players have faced an increasingly …
Egypt builds upon its outsourcing growth
The local cost advantage is an important factor: labour, land and power are all affordable by international standards. But while workers’ wages are relatively low, the skills base is strong. As well as native Arabic, English is widespread.
Private airlines to open new routes between Egypt, Europe
Almasria Universal Airlines to buy Airbus 320; Nesma Airlines to launch new flights to Germany, Italy