World’s deepest devaluation tempts foreigners back to Egyptian markets
Renaissance Capital calls Egypt “haventrade”
Farida Ismail
23 Articles
Latest by Farida Ismail
Iwan Developments works on expanding projectsÂ
“The plan we’re working on is to expand to new areas yet maintain expansion in Sheikh Zayed and 6th of October City,” says Ashraf
Actis sells its remaining stake in Edita after a four-year partnership
Despite the end of the partnership, both sides consider it a success story
Al-Sisi announces 2017 as “Year of Egyptian women”Â
The president emphasised women’s central role for the future of Egypt
Egypt’s foreign exchange reserves to reach $28.5bn by March: CBE
Egypt expects the second tranche of a $12bn IMF loan by May
Invest In uses the latest technologies to revolutionise real estate sales
What makes us different is that we take no commissions, we are only distributors, says Osama
The best thing to do is to save your money at a fixed rate by investing in real estate: El-Shinnawy
We are committed to deliver high-end projects and a quality of that serves all family members: El-Shinnawy
Egypt resumes importing Brazilian meat: Ministry of Agriculture
The Egyptian Ministry of Agriculture confirmed in a statement to Reuters that imports of Brazilian meat have been resumed two days after being halted until confirmation of consumption safety was announced by Brazil
UNDP top official praised Egypt’s positive step to achieve sustainable development
Wahba discussed the preparations to hold the first international conference on the implementation of the sustainable development strategy
Germany pledges $500m to support Egyptian economy
The support will come in the form of grants and concessional funds: Reuters
Honeywell showcases its latest connected technology at EGYPS
Egypt’s untapped potential makes it a very unique country, says Al-Hashem
Egypt postpones decision to increase tourist entry visa until July
The decision will be applied on 1 July instead of 1 March
Egypt to increase visa fees for incoming tourists by 140%Â
Authorities will apply the new cost of entry visas for foreign visitors starting in July after the implementation has been postponed by the Prime Minister
Wadi Degla Developments launches Promenade New Cairo
The new project occupies a total area of 140,000sqmÂ
Immigration Minister hosts Egypt’s first workshop on harnessing migration for development
Abdel Shahid chaired the event in Cairo, attendees included representatives of over 20 embassies and development agencies
Auerbach Grayson reshuffles its board of directors to now include Naguib Sawiris and others
A partnership agreement between Arqaam Capital and Auerbach Grayson has been approvedÂ
Egyptians abandon imported products for local ones
With the dramatic rise in prices of imported products, Egyptians turned to their local market for alternativesÂ
Ghada Wali seeks potential support for interdependence and dignity with UNDP representative
Minister of Social Solidarity Ghada Waly sought possible support on Monday for “interdependence and dignity” programmes with Richard Dictus, United Nations (UN) and UN Development Programme resident coordinator in Egypt. A statement from the ministry on Monday said that the meeting tackled ways of collaboration and the UNDP’s desire to support the ministry in its …
Egypt will surpass Canada’s and Italy’s economies by 2050: PwC
A report by the economics and policy team of PricewaterhouseCoopers (PwC), one of the world’s largest multi-national professional services firms, predicted that Egypt’s economy will surpass Canada’s by 2050. “By 2050, emerging economies such as Indonesia, Brazil, and Mexico are likely to be larger than the UK and France, while Pakistan and Egypt could overtake …
Russian tourists return to boost Egypt’s tourism
Russian flights to Egypt resume in hopes of reviving Egyptian tourism and economy
Egypt aims to import LNG shipments in 2018
Egypt is planning to import between 100 and 108 cargoes of liquefied natural gas (LNG) this year while preparing to begin production at two gas fields. This step will help the country approach its self-sufficiency target. According to a reporter from Bloomberg familiar with the matter whom asked not to be identified, the LNG shipments …
European Bank for Reconstruction and Development funds 42 water projects in Egypt
Raising awareness is indispensable to prove water’s worth, says water ethics director Hossam El-Imam
Ministry of Investment opens one-stop shop in Sohag
Minister of Investment Dalia Khorshid opened a new one-stop shop for investment services in Sohag on Sunday with the presence of the Minister of Petroleum, Tarek El-Molla, and Sohag governor Ayman Abdel Moneim. The one-stop shop will serve all investment companies in Sohag and neighbouring cities Qena, Luxor, and Aswan. “It will offer company establishment …