Latest in Interviews Highlight
Latest in Interviews

US-Egypt trade exchange approaches $3bn in the first 4 months of 2019: AmCham
“We have good, evolving economic story to share” says AmCham’s President

It is an honour for any political party to back the state: Nation’s Future head
Egypt is witnessing unprecedented economic development, says Rashad

IBM to increase investment in MEA on back of Egypt’s ambitious digital transformation: Peluso
Daily News Egypt sat with Peluso to learn more about the two new centres and the new deal with the ministry of education

Lufthansa Group to operate an Airbus 330 aircraft to Egypt this summer
Company now operates flights to Red Sea from Belgium, Germany and Switzerland, says General Manager Sales Egypt

Visa General Manager for North Africa: Ahmed Gaber
Visa supports FinTechs, fosters new ideas during Seamless NA 2019

South Korea seeks more opportunities in Egypt’s major transportation projects
Egypt emerges as important destination, partner in Africa, says ambassador

Masary targets doubling POS to reach 150,000 POS end 2020, has 30% market share: Chairperson, CEO
FinTech forefront of financial inclusion in Egypt, we aim to process 2m transaction daily end 2019, says CEO of Masary, Mohamed Nagy

Fawry considers entering field of IPO payment in EGX offerings through company’s outlets next year
We have achieved great success in funding traders who previously contracted with Fawry, we plan to expand this: Okasha

New Swedish firms likely to begin operations in Egypt during 2019
‘We have seen rapid improvement of Egypt’s business climate,’ says Swedish ambassador

“We intend to double size of our fleet in Egypt during upcoming 2 years”: UTEET Managing Director
Since inception of Breakbulk Europe, UTEET has been participating with its own large booth

Egypt-Ukraine trade exchange likely to remarkably hike by end of 2019
Both countries’ economic reforms to positively reflect on development of joint cooperation, says Ukrainian ambassador

“Our major advantage is diversified setup… we aren’t dependent on specific industry”: KML Chairperson
Company has several new projects, investments to improve quality of services offered to customers in Breakbulk Europe 2019

Egypt is a very important market for us, we are committed to the success of our Egyptian franchise: Renaissance Capital
Emerging markets (EM) have been confronted by several near-term challenges, resulting in valuations that were approaching crisis levels by November 2018

Fawry getting ready for EGX offering: CEO
Technological culture strongly prevalent in Egypt, allows building strong digital financial system

Sales of gold jewellery reached 9.6 tonnes in 2018: MD of New Egypt Gold Group
Group owns 6 companies, accounting for 30% of local production

DOJA markets 50% of Aurora project within nine months
Company plans to deliver project in May 2022, says sales manager

WorldFish, EFAD to announce new project for fish farming in Africa
Project coincides with Egypt’s presidency of AU, says source

Kazakhstan offers huge investment opportunities: AIFC
Among the priority goals of the AIFC are the development of the human resource potential of local financial market specialists, the popularisation of international professional certifications, and boosting investment.

Why Egypt dominates squash: juniors’ training plans, says Khalifa
We rely on Ministry of Youth, Sports for funding

thyssenkrupp’s to build new fertilizer complex in Egypt for NCIC by 2022: Country CEO
Sales generated by group reach €42.7bn in FY 2017/18

Thales plans to turn Egypt into regional technical hub to provide company’s services
Thales plans to increase investments in Egypt

Safety, trust: 2 main challenges toward autonomous vehicles roll-out
The Future of Autonomous and Urban Mobility project seeks to advance leading-edge thinking and drive adoption of innovative solutions based on autonomous vehicles and their impact on urban mobility.

Orascom to direct EGP 2.5bn in investments during the current year
ODH’s sales to foreign customers represents about 10% of total sales achieved during Q1, says CEO

Saudi alfanar eyes $1.6bn worth renewable energy projects until 2021
Company intends to launch a wind farm in Egypt with investments of $250m

World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin
Municipalities in Egypt should have clear detailed budgets first to be qualified for issuing bonds

Etisalat is first operator to announce advanced solution Cloud-AIR from Huawei: CTO
Egyptian market is hungry for mobile broadband, says Murshed

Security, confronting terrorism are common challenges facing Egypt, African continent: Ramdan Orny
Last January, the African Union (AU) announced that Egypt would head the AU summit’s upcoming round in 2019, following the closing meeting of African leaders. During his participation in the 30th AU summit in the Ethiopian capital Addis Ababa, President Abdel Fattah Al-Sisi praised the efforts exerted by the Guinean President Alpha Condé, head of …

British companies’ interest in transport, renewable energy sectors increasing: BEBA
At least couple of British business missions to visit Egypt this year, says BEBA’s Chairperson

Vodafone Egypt to inject new investments worth of €250m in Egypt in 2020
Company likely to reveal revenues amount of full FY 2018/19 by mid-June, says Alexandre Froment-Curtil

Egypt qualified as economic capital of MENA: ex-petroleum minister Osama Kamal
Exploiting our wealth of mineral resources can record $10bn within five years, says Kamal