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Saturday, 14 March 2015

Egyptian Chronicles: My Two Cents about Egypt’s big Economic Conference tks @zeinobia

Egyptian Chronicles: My Two Cents about Egypt’s big Economic Conference:



"In the past 48 hours Egyptians have been following carefully that huge big Economic Conference in Sharm El-Sheikh. They have been carefully following the big numbers announced in the media from aids and investments. On Friday Saudi Arabia, Kuwait and UAE announced aids and investments equal to $12.5 billion. In mid Saturday Ahram Arabic News website announced that the value of agreements signed on Saturday between Egypt and other countries and companies reached to $ 48 billion. Now people are speaking about investments and aids equal to $128 billion. Huge big numbers that can change countries upside down if they are true. 




I am not an expert in economy but here I will write about what I think.



People are speaking about how the conference succeeded and how El-Sisi did it and saved Egypt from poverty and bankruptcy. Actually organizing the economic conference was a huge success especially to JWT and the ministry of investment but whether it did succeed or not in saving Egypt from poverty and bankruptcy , well days will only tell especially we are living in a turbulent region that changes upside down every 24 hours if not 48 hours aside from all the economic radical changes in the world. This is besides the fact we are in true transitional time in Egypt.  "



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Standard Bank on African growth - YouTube

Standard Bank on African growth - YouTube: ""



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Can Canada's oil sands cope with $50 crude? - YouTube

Can Canada's oil sands cope with $50 crude? - YouTube: ""



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Carlyle Partner Said to Be in Talks to Buyout Domino’s Stake - Bloomberg Business

Carlyle Partner Said to Be in Talks to Buyout Domino’s Stake - Bloomberg Business:



"Carlyle Group LP is in discussions to sell its stake in the Middle East operator of Domino’s Pizza restaurants to a consortium led by one of its senior executives, people with knowledge of the matter said.



Talks with Firas Nasir, a partner at the private-equity firm and co-head of its Middle East and North Africa buyout team, are preliminary and an agreement is yet to be reached, the people said, asking not to be identified as the information is private.



Carlyle’s interest in divesting the 42 percent stake in Alamar Foods follows the Washington-based firm’s decision last year not to raise a second fund targeting investments in the Middle East, the people said."



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Iran's advances create alarm in Saudi Arabia and the Gulf | World news | The Guardian

Iran's advances create alarm in Saudi Arabia and the Gulf | World news | The Guardian:



"The commanders of Iran’s Islamic Revolutionary Guard Corps (IRGC) have been working overtime recently, flaunting their achievements across the Middle East and flexing muscles as international negotiations over the country’s nuclear programme enter their critical and perhaps final phase.



On Wednesday it was the turn of Major-General Mohammad Ali Jafari, the IRGC’s most senior officer. “The Islamic revolution is advancing with good speed, its example being the ever-increasing export of the revolution,” he declared. “Not only Palestine and Lebanon acknowledge the influential role of the Islamic Republic but so do the people of Iraq and Syria. They appreciate the nation of Iran.”



Last month a similarly boastful message was delivered by General Qassem Suleimani, who leads the IRGC’s elite Quds force — and who is regularly photographed leading the fightback of Iraqi Shia miltias against the Sunni jihadis of the Islamic State (Isis) as well as against western and Arab-backed rebels fighting Bashar al-Assad in southern Syria. “Imperialists and Zionists have admitted defeat at the hands of the Islamic Republic and the resistance movement,” Suleimani said."



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