With a hiking inflation hardly hitting Egyptian’s purchasing power, the automotive sector is yet to struggle amid a plethora of national and international obstacles. While the economic repercussions of the pandemic and the Russian-Ukrainian conflict hamper the world economy, the government’s measures to address these challenges have resulted in a protracted crisis in the automotive […]
“Suez Canal on wheels,” is how the new and highly anticipated high-speed rail system has been described, as it is soon to connect the Red Sea and the Mediterranean, running from Ain Sokhna to Matrouh, in its first phase. Connecting the entirety of Egypt, from Cairo to Aswan, Luxor to Hurghada, comes after. What are
The global supply chain crisis is becoming an increasingly urgent matter to most world economies, who will sooner or later bear the brunt of the crisis should it not be properly and promptly addressed. The crisis which was exacerbated by Covid-19 isn’t the first and won’t be the last, as the world’s Global Value Chains
The private sector is the beating heart of any economy, often making or breaking development and growth efforts. That’s been the case in most countries and also the case in Egypt, where the private sector has a set of unique characteristics but also unique challenges. The International Finance Corporation (IFC) 2020 report, titled Creating Markets
At the beginning of 2020, Egypt’s economy was booming at an impressive pace; a comprehensive economic reform program, backed by a USD 12 billion dollar IMF loan, had catapulted the economy into being the most attractive country for foreign direct investment in MENA by the end of 2019. Foreign reserves peaked at USD 45.2 billion;
Since COVID-19’s spread as a pandemic, business vulnerabilities have been exposed tremendously especially with regards to their supply chain models, placing business-continuity at risk. Should businesses re-think and transform their supply chain models? The global outbreak has been causing businesses world-wide to experience supply chain disruptions, whether due to having raw materials stuck across borders,
![[EXCLUSIVE] One-on-one with Lisa Ellram: Supply Chain Management Insights](https://businessforwardauc.com/wp-content/uploads/2025/02/Photo-Miami-University-1-3.jpg)
This week, the AUC School of Business welcomed Lisa M. Ellram, the James Evans Rees Distinguished Professor of Supply Chain Management at the Farmer School of Business, Miami University, to give a series of talks on the subject. Business Forward had the pleasure of hosting Ellram for an exclusive Q&A to discuss the current and
Real estate developer Sixth of October Development and Investment Company (SODIC) partnered with Egyptian startup Goodsmart to make it easier for residents to acquire their needed household items and groceries. Goodsmart will provide a box for each resident in SODIC East compound, through which various daily-needed items are delivered. It sounds quite simple: an isolated box next to the
News about global shipping giant Maersk trying out a new route via an Arctic sea route has been making the rounds, with some seeing it as the start of moving away from relying on the Suez Canal in global trade movement. However, that is not set in stone – yet. Maersk’s comment A Maersk’s spokesperson
