Latest in Interviews Highlight
Latest in Interviews

US planned to destabilise Middle East long ago: former US Congress adviser
US has already implemented its Israeli plan in the region

SEDICO looks to permeate European markets through Italy: chairperson
Company 2017 sales reached EGP 1bn for first time

Current government lacks ability to attract FDI: MP Amr El-Gohary
Profit attracts foreign investors, high interest rate at 20% curbs investor expansions

Approximately €200m construction cost of Alexandria West Wastewater Treatment Plant: EIB
EIB has long list of interesting projects under appraisal in transport, energy, environment, SMEs sectors, says Palanza

20 companies provide insurance to Egyptians abroad
We study full customs exemption on furniture for Egyptians abroad, says Makram

Clarksons Shipping negotiates with 2 companies to establish ship fuel supply worth $200m
We are studying establishment of navigation company with government to build modern fleet with Egyptian flag, says Metawi

iXDev plans to expand in Arab Gulf, North Africa
Company plans to attract investments worth $1m to finance expansions

Wafd Party dissatisfied with government’s economic performance: Yasser Koura
Dollar rate reaching EGP 20 was painful for national economy. Al Wafd party demanded social protection net for citizens before pound flotation as prices witnessed mad wave of increases ranging from 150-200% last year

Discussions with FEI to send promotional missions to Egyptian companies in Senegal
Israel rivals Egypt politically, but Iran, Turkey, China economically in Senegalese market

Tatweer Misr plans to develop an integrated urban project in Sheikh Zayed
Company to start the development of its project in Mostakbal City in March, says managing director

NBK – Egypt targets 20% total growth in 2018: CEO & managing director
NBK Group fully believes in Egyptian market, potential opportunities it offers, promising future ahead, says Hassan

Egypt targets $70m in exports to Senegal by end-2018: Commercial Advisor in Senegal
Direct flight between Egypt, Senegal ‘oxygen tube’ to revive economic relations

EFG Hermes, SFSD join forces to launch an integrated sustainable development project in Upper Egypt
Project targets improving lives of 60,000 underprivileged citizens, says EFG Hermes CEO

Cancer treatment using gold molecules will begin within 2-3 years: Hani Al-Nazer
Rumours of diseases spreading is 4th generation war tactic aiming to disrupt society

OUD seeks to launch residential, commercial projects in New Administrative Capital
Company seeks to obtain a 100-acre plot of land in El Mostakbal City to build an integrated residential project

GMC scheduled to double exports in 2018: company chairperson
New acquisition deals, investment into oil planned

We aim to lower product costs through innovation: Uber Middle East and Africa general manager
Uber celebrated four years in Africa in 2017, surviving violent protests, policy disputes, and price wars since the company first launched in the continent in 2013. Along the way, Uber has created tens of thousands of driver jobs and enlisted 1.8 million active riders in Africa. To become Africa’s most successful ride sharing application, Uber …

Finding talent Africa’s main private sector challenge: Isaac Fokuo
SACE aims to see African companies penetrate African, Chinese markets in 5 years

Fawry expands services nationwide to overcome high operating costs
Company invests EGP 40m annually to develop its infrastructure

COMESA develops instruments for implementing Digital Free Trade Area
Organisation provides favourable trading environment for Egyptian exports, says COMESA secretary general

IBM shift towards digital economy creates new business opportunities
In 2018, IBM Egypt’s six centers are continuing to export IT services out of Egypt

2018 will be year of development for Egyptian foreign diplomacy and international relations: Al-Orabi
Amid the ongoing conflicts that are occupying world news, Egypt’s foreign policy has been challenged with several crises such as the military conflicts in Syria, Libya, Iraq, and Yemen, as well as the volatile political situations in Lebanon, Sudan, Palestine, and sub-Saharan Africa, besides the disputes with Ethiopia over the GERD. The foreign policy of …

Marseilia Group resumes sales in Hayat Alex Park project after halt due to flotation
The company will invest about EP 1bn in construction contracts during 2018, 2019, says chariman

Oracle focuses on investing in education, health sectors: country leader Bassel Mubarak
Startups have narrowed gap between high-growth markets, emerging markets

Oppo sales doubled in Egypt during 2017
The company opened 3,500 stores in partnership with mobile dealers

Chinese Transsion to manufacture mobile phones at local factory next year
The market has recovered large part of its strength, sales will reach 17 million devices in 2018: Ismail

Vodafone Egypt negotiates with Russian operators for offers to Egyptian fans at World Cup
Company expects 10% increase in its investments over next 3 years

Samsung negotiates with Aman Financial to provide installment services with facilitation for its electronic, household products
Large part of mobile market has recovered, we are still leading the market sales, says Barakat

MCIT plans to raise IT sector contribution to GDP to 3.8% in 2018
Negotiations underway with international companies to set up design centres in Egypt, expand electronics industry, reveals minister of communications

Supporting and encouraging innovation our top priority in Egyptian market: PepsiCo
We’re sponsoring a competition for the innovators of RiseUp, says Shelbaya