Latest in Interviews Highlight
Latest in Interviews
Afreximbank to increase assets to $7bn by end of 2016
By Shaimaa Elise and Raghda Helal Daily News Egypt interviewed Okey Oramah, the new president of the Africa Import Export Bank (Afreximbank) to discuss the bank’s strategy in next period. What are you priorities for the next stage, as president of Afreximbank? My priorities are to turn the African economy into a true broad economy. …
International Motor Show participants impress attendees with new technologically advanced models
Daily News Egypt interviews representatives of prominent brands
Hyundai to introduce Sonata Hybrid in Middle East region
By Mohamed Aboul Fotouh Daily News Egypt met with Jin Kim, Hyundai Motor Company’s Vice President and Head of Operations in Africa and the Middle East, to discuss the Egyptian market, and the company’s future plans. How do you see the performance of your distributor in Egypt? And what are the major issues constraining your …
Abu Soma expected to inject EGP 2bn-3bn in Egypt, next 5 years: CEO
The company behind its namesake peninsula is planning to open three new hotels in the next three years
SECON launches 3 projects at Cityscape
Company announced its development of three real estate projects covering 100 acres, entailing investments of EGP 3bn
Egypt is only country in which Syrian refugees are not suffering: Aboulatta
Permanent ambassador to the UN says criticisms of Egypt are simply unjustified
Concerns over ‘Islamic State’ funds entering Arab banks for terrorist operations: UAB Secretary-General
Movement of funds across the border is uncontrolled, there is no international law to regulate this process
Conversion of 2 facilities to cost about €60m: Suez Cement official
Discussions for conversions permit are ongoing with the environment ministry
60% of real estate demand is in low-income tranche: AqarMap CEO
In 2014, approximately 10,200 units worth EGP 5.5bn were sold through AqarMap’s website, says Almsaodi
45,000 homes built every year: Colliers Regional Director
Cairo is most promising in visitor market, alongside business tourism which continues to grow, says Albert
Naeem Holding preparing several real estate investment trusts during 2016: Wahdan
Government is required to review dividend tax to ensure popularity of real estate funds
Misr Italia to invest EGP 20bn in North Coast mega project
In an interview with Daily News Egypt, Mohamed Hany Al-Assal, board member of Misr Italia Holding Company, explained the details behind the company’s investments in the real estate sector. What are your upcoming projects? We are preparing, until the end of 2015, our stock market issuance that will act as a source of funds for …
Dealing with government is risky, scope of cooperation is minimal: Sabbour
Government fleeces investors in the name of settling disputes
Commercial, administrative building rental prices increase by 20%
60% of population who cannot spend more than 30% of their income have no products suitable for their needs in the market, says JLL head in Cairo
Tabarak Holding launches ‘Ninety Avenue’ at Cityscape
Daily News Egypt interviewed Tabarak Holding’s Chairman Ali El Shorbany to discuss the company’s latest projects and its participation in Cityscape Exhibition. What is the value of Tabark Holding’s targeted investments by the end of 2015? The company is planning to pump investments of EGP 2bn over the next year (2016), as we are willing …
Tatweer Misr invests EGP 8bn in tourist housing hotel project
Daily News Egypt interviewed Ahmed Shalaby, Managing Director and Board Member of Tatweer Misr.
EGP 1.5-EGP 1.6bn in expected revenues from White Bay project: PACT CEO
EGP 700m will be pumped into project, with approximately EGP 200m in the coming two years
Hill International’s business volume in Egypt reaches $12bn
Hill International is a project management firm that manages mega public, private, infrastructure and industrial projects in Egypt. Daily News Egypt interviewed Hill International North Africa Regional Director, Walid Abdel Fattah,to discuss their projects. What is the total business value managed by Hill International in Africa and in Egypt? Hill International manages 48 projects in …
Unregulated market, high prices are Egyptian real estate’s main challenges: Wadi Degla Chairman
I expect the real estate market to achieve high growth rates in the next period, says Helmy
Palm Hills expects over EGP4bn in sales during 2015
The company is developing 12 projects on an area of 10m sqm to be delivered by end of 2018
Cityscape Egypt 2015 will be largest edition yet: Director
We are currently exploring the launch of an additional Cityscape exhibition in Egypt, says Molman
NUCA, GAFI sign MoU to activate one-stop-shop system: Madbouly
Administrative fees reduced by 40%-50% within the amendments to the internal statute, says Madbouly
Our cooperation and exchange of views cover all aspects: Pakistani Ambassador to Egypt
Commenting on domestic developments can cause more frictions than positives, says Mushtaq Ali Shah
Special economic zones will allow Egypt to dissociate from jungle of laws: Al Tamimi partner
The Civil Service Law should be fully enforced as this will have a direct impact on solving bureaucracy problems, says Mohamed Khodeir
Banks are ready to finance development projects: Metwally
Optimism about future is based on existence of determined administration to change and meet challenges
Investment returns in Egypt is among highest worldwide: ABC-Egypt CEO
Egyptian economy is on the right track, invest now before you miss the chance, says Tinawi
Egyptian economy critical, but optimism is possible through hard work: Fayed
EGP 400bn-EGP 500bn in banks ready to be loaned, our role begins after proposing projects and deciding their feasibility, Fayed
We now have a clear vision for Egypt’s economic direction: NBE Chairman
All indications confirm we have free economy that takes social justice into account, says Okasha
I am optimistic for Egyptian economy’s future: Egyptian Arab Land Bank Deputy Chairman
Egypt needs highly efficient people who are able to make bold and fast decisions, says Al-Sharqawi
Work, production will pull Egypt out of crisis: HDB Chairman
Building pillars of state is the basis for achieving economic growth and stability, says El-Sebai