Latest in Interviews Highlight
Latest in Interviews
Investments reach EGP 620m for The Gate hotel apartments: Abraj Misr CEO
Abraj Misr is in negotiations with several international service facility providers for maintenance of The Gate project
NGO work deserves appreciation, even if they are occasionally critical of governments: German ambassador to Egypt
We have always underlined that Germany is at Egypt’s side when it comes to its long-term stability and security, says Julius Georg Luy
Helnan seeks to increase size of hotel investments in Egypt: chairperson
Two new hotels were added to the company’s management during the current tourism crisis in Egypt, which are Helnan Dreamland in 6th of October City and Landmark in Cairo
Synchronised security is new key for protection against cyber threats: Sophos vice president
Hackers now use ransomware to block users’ access to files until a “ransom” is paid to the attacker
Economic legislation chaos in Egypt main reason behind decline in investments: Taher El-Khouly
Monetary policy in Egypt is vague and has hindered the movement of investors
Egypt acquires 50% of lagoons in Middle East: Crystal Lagoons regional director
Contracts between Crystal Lagoons and Egyptian developers amount to $5bn, says Salas
Government should not exaggerate company assessments in order for IPO programme to succeed: EGX chairperson
Corporate structuring before an IPO is an essential step, which takes more than a few weeks or months
MIDB aims for EGP 350m in profits by end of year: managing director Amr Tantawi
As FEB representative and newly-appointed EGX board member, Tantawi will coordinate between officials in the capital market and other related sectors
Stability of monetary policy, simplified government measures attract investment: Infinix
Infinix Corporation, specialised in manufacturing smartphones, is working to develop after-sales services in the Egyptian market and plans to increase the number of its major maintenance centres. Business development manager at Infinix, Ahmed Wagih, told Daily News Egypt in an interview that the economic conditions in Egypt and the scarcity of US dollars have impacted …
Mercedes-Benz awaits new automotive strategy to reconsider local assembly: Zorn
Owners of Mercedes can enter authorised service centres at any time, says CEO
EGP 11bn in total sales of Azha project in Ain Sokhna: Madaar CEO
Madaar to receive over EGP 650m to fund construction in Azha project before the end of the year, says Gasser Bahgat
Port Authority of Singapore to agree on managing southern berth of East Port Said port by the end of November: SCZone chairperson
Parliament is the only one that has the right to modify the tax rate, not the cabinet nor the SCZone’s board, says SCZone chairperson
Banque du Caire’s share in joint loans during H1 of 2016 amounts to EGP 8bn: chairperson
The bank is keen to take part in financing different economic sectors to support social and economic development, says El Zahid
Samsung Egypt dominates TV market by 37%
In a market that sold 500,000 TV sets in 2015, Samsung comes out on top with the largest share of the market
Women empowerment occurs when gender issues are placed within context of development: UN Women
This is the state we need to get to if we are to be serious about gender equality, says Miwa Kato
Bureaucracy is killing this country: CEO of WVB
World Vest Base (WVB) is a global finance intelligence institution that operates in several countries, including Egypt, to create comprehensive financial databases on businesses (specifically non-US companies), and distribute them to clients who need them. These clients range from investment banks to consulting firms, exchanges, government agencies, and specialised information re-distributors. Daily News …
Brilliance to set up plant for local assembly, integrated service centres at cost of $84m: general manager
The company addressed the government to allocate the required land for the project
Samcrete plans to expand in west, east Cairo, and the North Coast
Pyramids Heights Residences sales reach approximately EGP 800m as of September
Egypt very attractive for investments, needs reform for less bureaucracy: UK trade envoy
We don’t seek negotiations with the Egyptian government regarding the FIT system, says director of UK Trade and Investment
Archaeological Replicas Unit looks into establishing factory with EGP 30m in investments: El-Tibi
Revenues targeted from Japan exhibit in December amount to EGP 20m
Coca-Cola, PepsiCo, Vodafone, Careem participate in CCPlus’ event ‘Narrative’
The idea of “Narrative” is to empower PR and enable it to be part of all of disciplines that touch the lives of the people, Kamel Said.
Basic commodities, meat, poultry to be offered through 353 outlets at discounted rates to combat price hikes: Agriculture Minister
An agreement with Irrigation Ministry to cultivate 700,000 feddans with rice scheduled for next year
EAFA looks forward to discussing auto industry strategy in parliament: chairperson
We urged the government to adopt an automotive project in cooperation with international companies, says chairperson of EAFA
IMF deal will be credit-supportive, real GDP growth to average 3.4% from 2011 to 2020: Moody’s vice president
The devaluation of the Egyptian pound in March put upwards pressure on the already high inflation rate
Recovery of stock market depends on stabilising US dollar at EGP 12: Beltone Financial
Lack of integrated economic policy wasted the benefits of Egyptian pound’s devaluation
Ministry seeking to overcome slow growth in real estate sector in past years: Mostafa Madbouly
We are taking market developments into account and are planning for projects that attract new investments, says Housing Minister
Delivery of first phase of Al Dau Heights expected in 4-5 months: marketing manager
Second phase of Al Dau Heights expected to be marketed in October, and Al Dau Strand’s two phases will be completed by 2019, says Bahaa Hefz Allah
GAFI adopts new strategy to bring government, investors together: Mohamed Khodeir
Amendments on unified investment law, or an entire new legislation due in six months
Social protection programmes target poorest 10% of the population: Ghada Wali
We are studying ways with the Ministry of Finance to increase the number of beneficiaries of the dignity and solidarity programme, says Social Solidarity Minister
Applying economic reform programme is inevitable, we don’t have the welfare of choice: Head of the parliament’s Economic Affairs Committee
Development agenda must be detailed with a specific time, cost, and direction