EGYPT NEWS ON FASTMOVING

Cairo - Egypt is in the early stages of an export boom, suggesting its economy could begin to recover in the next few months if a minimum level of political stability is restored. read more

With about 225 stores in 15 countries, Max Fashion, a premium clothing chain in the United Arab Emirate (UAE) is set to undergo a major expansion spree this year in Africa among other regions. It is particularly shifting its attention to sub-Saharan Africa among other regions in the world. read more

KPMG, the global consultancy firm, says SA is no longer the only gateway into Africa and it repeated previous statements by economists that the country could eventually lose its title of being the continent’s largest economy. read more

SA’s position as the launch pad for global companies into Africa is being threatened by other countries that are rolling out red carpets for investors, experts and business leaders are warning. read more

France may lose its place as the second-biggest wheat exporter after failing to win more than a dozen tenders in Egypt, the world’s biggest buyer, as shipments from Russia, Ukraine and Kazakhstan overwhelm markets. read more