Category: ECONOMY
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Hurghada witnesses the opening of Egypt’s first miniature city
Imagine having all of Egypt’s wonders and mesmerising monuments in one place, where one can go from the pyramids of Giza to Karnak temple in Luxor before paying a short visit to a Roman amphitheatre and the luxurious Montazah Palace in Alexandria. This has become possible just by visiting the Mini Egypt Park. Mini Egypt…
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Promoting Social and Solidarity Economy in Greece
On October the Greek Parliament adopted a new law that will create a supportive legal environment for the development of Social and Solidarity Economy. According to Alternate Labour minister Rania Antonopoulos, the law provides solutions to issues like “funding, tax, social welfare and access to public procurement” and “clarifies the relationship between social economy operators and …
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Greece remains the leading ship-owning country
Greek shipowners have retained their role as top players in world shipping according to a special review recently published by the United Nations Conference on Trade and Development (UNCTAD). Despite the challenges faced by the Hellenic ship owning community, Greece has continued to strengthen its position as the largest ship owning nation in recent years. The Review of…
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Funding Entrepreneurship in Cairo
Although the Egyptian government has long been an enthusiastic promoter of small and medium enterprises (SMEs), up until recently, financing institutions did not have a unified definition of what makes an SME. According to Haytham Waguih, Head of Private Equity (PE) at the Arab African International Bank (AAIB) and board member at the Egyptian Private Equity Association (EPEA), the absence…