Author: Abdul B

Building Momentum to UN COP27 is a two-day hybrid forum organized by the American Chamber of Commerce in Egypt and the US Chamber of Commerce on January 24-25. Egypt, US government officials, and company CEOs discuss ways to strengthen public-private sector collaboration on climate change in Egypt as the country serves as the official host of the UN COP 27 Climate Summit in Sharm El Sheikh this November. This video summary highlights key points on how the government and private sector can work together leveraging technology and innovation to address the climate challenge across the economy.

Read More

The Egypt Business Digest provides a periodic roundup of macroeconomic and legislative updates as well as the latest news about major investment projects in Egypt. Egypt is gearing up to host the 2022 United Nations Climate Change Conference of Parties (COP27), with plans to accelerate green energy investments and projects. The January Digest tracks the legislative and economic activity being rolled out to support a green economy To read the report online, please click here The Egypt Business Digest is sponsored by Amazon

Read More

The mission of the American Chamber of Commerce in Egypt (AmCham Egypt) is to promote the development of commerce and investment between Egypt and the United States. The U.S. has been Egypt’s leading single foreign trade and investment partner since the launch of Egypt’s Open Door Policy and the signing of the Camp David Accords in the late 1970s. Egypt and the U.S. have long been amicable partners along open channels of diplomatic relations, mutual security interests, bilateral trade ties, and development aid. Egypt has received an average of USD 2 billion dollars in economic and foreign military assistance per…

Read More

With 100+ million citizens, 25 million households and millions of micro, small, medium sized and large enterprises, the market potential for Egypt’s banking and finance sector is immense. And with strong liquidity, profitability and asset quality, the sector is in a good position to capitalize on it. The 2021 Finance Industry Insight explores the many aspects of financing to take stock of the opportunities and challenges in the sector. To read the report online, please click here

Read More

For thousands of years, countries have relocated their capitals, motivated by a variety of reasons. New capitals have been built to reflect political restructuring, create a central or neutral city that avoids partisan conflicts, develop an underserved region, or ease pressure on an existing city, among other reasons. Egypt itself has shifted its capital at least 25 times over the 5,000 years of its recorded history. In 2015, Egypt unveiled its next capital: a brand-new city to house all branches of government, diplomatic missions, the tallest tower in Africa and up to 7 million people by the time all three…

Read More

On November 29th, AmCham Egypt’s Women in Business Committee and the International Finance Corporation (IFC) jointly hosted a workshop, addressing, “Women in Unconventional Jobs.” The session was limited to companies that are participating in the Pledge for Gender Diversity Program. Speakers included Mutaz Nabulsi, CEO, Estarta Solutions; Nourah Mehyar, CEO, Nafith; and Sara Twigg, Program Manager on Women and Work, IFC. Sara Twigg, Program Manager on Women and Work, IFC Mutaz Nabulsi, CEO of Estarta Solutions Nourah Mehyar, CEO of Nafith Logistics

Read More

During AmCham Egypt’s monthly luncheon on Nov. 9, the Minister of the Public Business Sector, Hisham Tawfik, talked about the formidable task of turning around money-losing subsidiaries operating under eight state-owned holding companies. His plan focused on regulatory and administrative reforms to cut costs, settle debts, finance the changes, and secure partnerships with the private sector.

Read More