Latest in Interviews Highlight
Latest in Interviews

Presidential advisory council unanimously prioritises reforming education: El-Nokrashy
Council’s recommendations have been introduced in developing education

Egypt has discipline, adheres to economic reforms with no need for another IMF loan: Ghali
‘I am trying to solve the problems and cases raised against me and I hope to return to Egypt,’ says Egypt’s ex-Finance Minister

USAID, FEI to announce ‘3R’ project for development of CSR activities
Strategy to develop human resources management in 120 companies, says Torky

Elsewedy Industrial Development’s total land bank reaches around 25m sqm in 2019
Firm to receive an area of 5.4 m sqm in 10th of Ramadan, Sadat City in April

IFC invests close to $200m in Egypt, eyes opportunities in infrastructure, manufacturing sectors
The International Finance Corporation (IFC), a World Bank Group member, invested close to $200m in the Egyptian market over the last eight months, the IFC Country Manager for Egypt, Libya, and Yemen, Walid Labadi, told Daily News Egypt (DNE). The IFC chose Egypt earlier as a model for its investments in Middle East and Africa. …

Food expert presents philosophy behind Korean cuisine to Egyptians
Love is most important ingredient of delicious food, says Lee

Rooya Group targets EGP 3bn in sales during current year
Company plans to inject EGP 2.5bn in investments in local market, says chairperson

Arabia to launch branch of international sports club in Sun Capital next month
Company targets achieving EGP 6bn in sales of Sun Capital, Galleria projects this year, says chairperson

Castle Development launches 2nd phase of Castle Landmark with EGP 1bn expected sales
Castle Development plans to launch the second phase of Castle Landmark, the company’s flagship project situated at the New Administrative Capital (NAC) this month, with a total investment of EGP 550m, according to Ahmed Mansour, CEO of Castle Development. This month has also seen the company launches its new 7,600 sqm commercial project, East Side, …

Marakez invests EGP 6bn in District 5 project
Operating Mall of Tanta in August with EGP 1bn investments

Palm Hills targets 25% investment increase in 2019
Company plans to begin implementation of Badya in 2Q19

First Group to launch new project in Ain Sokhna with EGP 6bn expected sales in Q4 2019
Company presents 4th phase of KENZ compound with EGP 650m targeted sales, says chairperson

Tatweer Misr Targets EGP 6bn in Sales Across its Projects in 2019
Company achieved EGP 2.5bn in sales at Bloomfields, says Dr. Shalaby, CEO and Managing Director

Al Ahly Sabbour eyes investments in New Alamein, NAC
Company aims to record EGP 10bn in total sales of GAIA project, says CEO

US-Saudi-UAE consortium negotiates with ACUD to develop 500 feddan entertainment area in NAC
Company launches lands in partnership system with 100-feddan size, says spokesperson

Unilever Mashreq invests over EGP 500m in Egypt since end-2016
Company exports to more than 30 countries across world, says marketing director

Nissan willing to support Egypt’s automotive policy, make Egypt an export base in region: Senior VP, Chairperson for AMI region
NMEG to increase production to 28,000 in 2019, aims to reach more than 20% market share

Beginning of post-Turki Al Sheikh phase
Pyramids will win championships next season, marketing aspects of Egyptian league are weak, says El-Assyouti

Debate on Egypt’s new personal status draft law
National Council for Women only cares about divorced custody holders

Egypt is place where we would like to invest for our future: Canon EMEA President, CEO
Canon Inc, the Japanese multinational, is considered to be one of the industry leaders in the manufacture of imaging and optical products, including cameras, photocopiers, printers, and recently, medical equipment. Daily News Egypt interviewed Yuichi Ishizuka, the president and CEO of Canon Europe, Middle East, and Africa (EMEA), during his visit to Egypt, to find …

Funding is reason behind Egypt’s few Olympics medals, budget for Tokyo’s preparation exceeds EGP 300m, we only received EGP 23.3m: Al Arian
Despite the great human potential of Egypt, it only succeeded in winning 31 medals throughout its history in the Olympics. Daily News Egypt interviewed Sherif El-Arian, the secretary general of the Egyptian Olympic Committee and the chairperson of the Egyptian Modern Pentathlon Federation in order to discuss the reason behind this and the preparations for …

Time to benefit from country’s competencies to establish real gold mining industry in Egypt: Al-Nagi
President Al-Sisi’s second term experiencing more facilities, incentives for investors

Affordability main reason operators in Egypt need to find business case for 5G: Ericsson MEA president
Ericsson has been in Egypt since 1896, from first generation of phones to 5G, says Rafiah Ibrahim

Without 4G, it was not possible to conduct current mobile broadband: Etisalat Misr
Some 5G networks needed to support massive growth in data consumption, industrial use cases, says Nelson

MSMEDA expects $200m, €107m funds to be reinjected into micro, small projects
‘We are anticipating president’s approval on several deals of $200m with World Bank, €50m with AFD, €30m with KfW, €27m with EU,’ says Gamea

World’s increasing electricity demand creates room for solar, traditional energy: CCC Senior Manager
One billion people suffer from shortage of electricity globally

Visa’s fast-track programme empowers start-ups in region with access to visa net capabilities: Otto Williams
Visa’s fintech fast-track programme empowers start-ups in the region with access to visa net capabilities, the Head of strategic partnerships, fintech, and ventures for Visa Central and Eastern Europe, the Middle East, and Africa (CEMEA), Otto Williams, stated. In an interview with Daily News Egypt, Williams talked about the company’s new fast-track programme, how the …

Mineral Wealth Law, terms of gold exploring do not attract investors: AL Raghy
4.4bn were transferred to bank account of Al Sokari gold mines to boost Egyptian economy

Feeder industries need government support: El Kady
How would car exports improve if government cannot realise industry’s importance?

Mastercard incorporates sound as new dimension to customer experience: Beatrice Cornacchia
‘We worked with musicians to produce distinct melody adaptable across genres, cultures,’ says senior VP for marketing, communications in Middle East, Africa