SEMIRAMIS INTERCONTINENTAL CAIRO Corniche El Nil, Garden City, Cairo T: +20 (2) 2798 8000 www.intercontinental.com info.semiramisic@ihg.com Rooms: 721 rooms, including 68 business, junior, executive, Nile and presidential suites with Nile view. Business & Conference Facilities: 11 banquet and meeting rooms, in addition to the Semiramis Pavilion. Audiovisual equipment and Wi-Fi. Business centre. Health…
Etiquette It is integral to Egyptian culture to be courteous to foreigners. A conversation, whether business-related or not, is usually accompanied by coffee, tea or juice. Social rules dictate the appropriate way to greet people in business meetings. Close friends of the same sex will sometimes greet with a kiss on each cheek, although a handshake is also common. While it is inadvisable to drink…
Viewpoint:President Abdel Fattah El Sisi The UN Sustainable Development Goals (SDGs) that the international community approved are a comprehensive framework through to 2030 to achieve the welfare and prosperity of all people. Egypt’s pursuit to realise the SDGs has gained increased importance in an environment that compels us to face extremely difficult international challenges. The Covid-19…
Viewpoint:Mohamed Maait In an implementation of presidential directives, the support and social protection allocations have been increased to LE356bn ($22.6bn) in the new draft general budget. The Covid-19 pandemic and the challenges brought about by the war in Ukraine have created an unprecedented inflationary wave. This initiative will support the sectors and groups most affected by the current…
Viewpoint:Girgis Abd El Shahid Given the recent adverse global developments – and as a continuation of the national structural reform programme first initiated in 2016 – the government of Egypt has undertaken several key reforms aimed at alleviating the impact of inflation while ensuring the economy remains stable. On March 21, 2022 the Central Bank of Egypt (CBE) allowed the Egyptian pound…
Egypt’s robust fundamentals – supported by a diversified economy, sustained levels of consumer spending and a large workforce – has created a dynamic business climate and helped further develop the economy. This has enabled the country to avoid some of the more severe repercussions of the Covid-19 pandemic faced by neighbouring nations. According to IMF forecasts, GDP is expected to expand from…
The Guide contains listings of accommodation options in Cairo for both business and leisure travellers. Helpful information is laid out on visa regulations and business etiquette, as well as on public and private transport options for navigating during your stay.…
Foreign investors looking to establish a business in Egypt – whether directly or through a joint venture – can enter the market by establishing a legal entity, the structure of which would depend on the needs and the scope of business involved. The government continues to work to attract investment, especially in several mega-projects in fields such as electricity, energy, industry, agriculture,…
Egypt was seen as a global centre of knowledge, science, and development throughout antiquity. Today, it stands in an economically advantageous location, straddling the Mediterranean and the Red seas, and at the confluence of Europe, Africa and Asia. The Suez Canal, completed in 1869, is one of the world’s busiest shipping lanes. Moreover, Egypt’s population is large and rapidly expanding, at a…
En Français – The continent saw growth this year, although its recovery remains fragile – A key issue is low vaccination rates, with much of the region still unvaccinated – The ratification of the African Continental Free Trade Area is set to bolster trade – A positive outcome of the pandemic has been an expansion of 4IR technologies Driven by a combination of higher commodity prices,…
