Latest in Interviews Highlight
Latest in Interviews
ERA Commercial Egypt achieves EGP 250m in Q1 2016
The total investment of logistic projects amounts to EGP 2.4bn in 2016, says ERA Commercial Egypt CEO
NBE studying expansion into Saudi market in next period
Bank collected $500m from foreign currency saving schemes
Juhayna targets producing 30% of its own daily needs by end of 2018
The company aims to increase production by five times, to 250 tonnes, in the Mandesha farm in the Bahariya Oasis within two years, says head of the animal production sector Mohamed Obaid
Combating fraud: Visa working to ensure safe transactions for cardholders
Visa has analysed and risk scored more than 112bn transactions annually, says Rodriguez
Some banks find it difficult to implement the CBE’s SME financing initiative due to lack of specialised staff, geographical spread
Doubts about the continuation of these projects in Egypt in wake of the recession and economic problems that even big companies cannot cope with, says Abdel Aal
Training plays a major role for SMEs in Egypt: Egyptian Banking Institute executive
The institute is training bank employees and project owners, as well as raising awareness on the importance of SMEs, says El-Baradei
SMEs acquire 7.5% of Emirates NBD Egypt’s loan portfolio
Guaranteeing loans for micro-enterprises via Credit Guarantee Company will encourage banks to finance them
AccorHotels’ presence in Egypt aided expansion across the region: Middle East COO
Granet oversees the overall operations of AccorHotels’ diverse portfolio of internationally renowned luxury, upscale, midscale, and economy hotels in the region, and is responsible for the development of the AccorHotels network in the Middle East
High demand for high-quality commercial real estate in Egypt
Pyramids Heights, Smart City and Cairo Festival City (CFC) are successful schemes in Egypt, says CBRE Middle East managing director
Billiards aims to attract more female players to the sport amid low participation
I hope to organise a national billiards championship for women in Egypt, says EFBS president
Egypt to offer 49m square metres of land to tourism investors within days: Tourism Development Authority CEO
In his interview with Daily News Egypt, Saad said that the government will offer a total of 49m square metres
Scatec Solar pumps investments worth $650m into 5 solar energy projects: CEO
Negotiations with seven international banks to finance 70% of the project, most notably IFC and EBRD
NREA targets projects worth 12bn euros over 7 years: El-Sobky
NREA will put to tender new solar plants and wind farms with the capacity of 500 MW by end of December
Saudi company Acwa Power to invest $12bn in the Egyptian market over five years
Acwa will not negotiate MoU until projects are decided upon
Siemens energy sector achieved sales of €17bn in 2015
Siemens targets sales of €85bn this year in three fields
Stella Di Mare 2 project achieves 20% sales in two months
Remco targets a net profit of EGP 1bn for the Stella Di Mare 2 project, says CEO
Safir Hotels Group to acquire four hotels: Safir Cairo manager
In the first quarter of 2016, occupancy rates in Greater Cairo rose to 83% in hotels due to increased demand from tourists from Arab countries
Interview: Egyptian swimmer Farida Osman
Among the many Egyptian athletes who have qualified for the upcoming Olympic Games, swimmers or otherwise, Osman, 21, is one of the few who is expected to bring home at least one Olympic medal
Electronic payments account for no more than 2% of consumer spending in Egypt: Visa general manager for North and West Africa
Visa acquires 61.5% of electronic payment cards market in Egypt and globally, according to Nielsen Corporation
Arab African International Bank awarded sponsorship of El Gouna Squash Open amid fierce competition: Hassan
El Gouna Open has become one of eight major international squash tournaments, says AAIB Head of marketing and communications
Tourism revenue expected to decline by 40% by December 2016: ETF chairman
Tourism revenues will fall to $3.5bn in 2016, compared to $6.1bn in 2015 due to the continued suspension of Russian and British flights to Egypt, says El-Zayat
If Russian, British flight suspensions continue, sector’s losses will be exacerbated: Hisham Ali
Russian and British tourism represent the largest influx to South Sinai resorts; until flights are restored the sector will continue to suffer huge losses, says head of South Sinai tourism association
Nour El-Tayeb: an Egyptian talent gone global
Daily News Egypt spoke to El-Tayeb about her career, why she chose this sport, and her thoughts on other players
Interview with Assem Khalifa: President of Egyptian Squash Association
As the long-awaited El Gouna International Squash Open unfolds in the resort town north of Hurghada, Daily News Egypt speaks to Assem Khalifa, the head of the Egyptian Squash Association, to discuss the association’s role in the championship, and the future of squash in Egypt. What role does the Egyptian Squash Association (ESA) play in …
Cairo Airport’s adoption of open-skies policy expected to generate $12bn annually: Yousry Abdel Wahab
We must look at how Dubai managed to increase its revenues by creating a first-class tourist community based on the concept of open skies, says head of private aviation federation
OHD to begin expansion of second El Gouna marina early 2017: GM
We still have a large portfolio of lands in the resort of 37m sqm, 14m meters utilised so far, says general manager of El Gouna
General Electric invests $340m in Egyptian market in 2016: North East Africa CEO
GE is negotiating with a foreign company in Egypt to participate in developing oil field in Mediterranean, says Khattab
FinCorp focuses on governance structure, feasibility studies as remedy to financial stagnation
The company contracted as a financial consultant in seven operations in the Egyptian and Saudi Arabian markets
Egyptian Arab Land Bank to reassess asset holdings in period of transition: Deputy Chairman Al-Sharqawi
The bank plans to transfer EGP 5bn in assets to a real estate subsidiary
El Gouna Squash International: Interview with Egyptian squash champion Omar Mosaad
Mosaad was the runner-up in the 2015 PSA Men’s World Squash Championship, and won the 2016 National Squash Championship.