Latest in Interviews Highlight
Latest in Interviews
Egyptian government keen to improve investment environment: Banque du Caire Chairman
As economy witnesses improvements, economically important projects in several sectors represent financing opportunities for banks
Egypt becomes focus of world’s attention, promising market for investments: Banque Misr Chairman
New Suez Canal Project amazed the world by funding and implementation in record time
State, banks should strongly support tourism sector in current period: Tourism Investors Association head
Operating costs have risen at rates ranging from 15% to 25%
Investment conference to be held in Alexandria to present 35 projects worth EGP 40bn: El-Messiry
€10m contract with German consultancy office to be put into effect for New Alexandria scheme
National grid to gain 14,400 MW in 2 years: Electricity Minister
We are studying private sector participation in capital of stations implemented by Siemens, says Shaker
Government should use economy to improve people’s livelihood: German Embassy official
The German diplomat similarly provided different visions to solve Egypt’s struggles with bureaucracy and competition.
Mac Optic to build petrochemical plant in Gulf of Suez: Vice President
Company signed contracts with Nigerian companies, negotiations underway with Iraqi government for oil supply, says Radwan
7% growth in tourist arrivals expected by year-end: Minister of Tourism
Ministry to follow a powerful marketing and promotion technique, either through targeting new tourist segments or separate promotion for each area
Egypt-Kuwait Holding Company to establish $600m project in Suez Canal zone: Al-Alfi
Company invests $6.8bn in petrochemicals project
$3bn ready to be invested in automotive industry in Egypt if regulatory legislation changes: Ghabbour
The political track is promising, but the government pampers the people with subsidies
Market share Toyota Egypt more than doubles over past 5 years: CEO
Ahmed Monsif, CEO of Toyota Egypt, explains the future plans of the company, and the main obstacles facing the local automotive market
Bavarian Auto Group plans to expand during Q1 of 2016: Chairman
Group will present products that are offered for the first time in the Middle East, says El-Tobgy
The more Egypt does for itself, the more we can do for Egypt: EU Ambassador
Ambassador James Moran praises government efforts on economic policy reform, sees potential for sustainable development
IMC sets EGP 140m budget for 4 development projects in FY 2015/2016
IMC doesn’t fall under the state budget this year, says IMC executive director Ahmed Taha
Vodafone invested EGP 30bn since its establishment in Egypt: CEO
We target injecting investments worth EGP 9bn into the Egyptian market over the next three years
Beltone adopts plan to expand investment banking, asset management in Arab markets: Chairman
By Mohamed Ahmed Beltone Financial Holding has adopted a comprehensive expansion plan in terms of current financial activities, in parallel with adding new activities. Chairman of Beltone, Alaa Saba, revealed in an interview with Daily News Egypt the main features of the company’s expansion plan in investment banking abroad. This is set to occur after …
Campaign to promote tourism to be launched in October: JWT executive chairman
Campaign cost set at $22.5m for three years, company receives 3% to 4% of this amount, says Hany Shokry
Multi-company drilling for gas in Mediterranean will occur: Sherif Ismail
We have reached an agreement with Eni over Noras field gas, with production estimated at 500m cubic feet daily, says minister
ITIDA to launch $15m entrepreneurship support fund: CEO
Increasing domestic demand, supporting entrepreneurship, and attracting foreign investment are the most important features of ITIDA’s strategy, says El-Gueretly
ECHEM proposes 2 projects to improve petrochemical industry’s process safety, energy efficiency
“PHR” technique highlights process safety and risks determination to prevent major accidents
Al-Sisi’s Singapore visit is start of more cooperation: Premjith
Singapore’s Ambassador in Cairo believes Egypt could be a hub for investments if it activates the new investment law
First Equity Partners to become integrated investment bank by end of 2015: Maghawry
New bank to be created to invest in rehabilitation of troubled factories with EGP 500m target capital
Egypt is first line of defence for Arabs: Al-Saheen
Market share of Egyptian Steel will jump to 25% by end of 2017, and new expansions are underway
Amendments to the investment law before end of 2015: GAFI Chairman
Full agreement with the taxes and customs authorities over the special free zones, says Alaa Omar
Kia, Renault agent looking into car assembly plants in Egypt: Youssef
Lack of currency availability led to increased car prices in parallel market, says EIM automotive sector chairman
Investment complaints unit resolves conflicts, accelerates decision-making: Administrative Prosecution Authority head
There is no contradiction between the role of disciplinary committees and the State Council, says Judge Sameh Kamal
Mobinil plans to increase capital next year: CEO
TE has monopoly on Egypt’s internet market where they can fix the price they want, says Gauthier
EBRD considers €160m loan for construction new Delta gas-fired power plant
Other projects include €24m Energy Efficiency Facility to finance small scale renewables and energy efficiency loans, €16m Women in Business facility
New Suez Canal rescued waterway from failure to accommodate international trade growth: SCA
165% increase in loads over 32 years assures the continuation of the trade growth transiting the canal
SCCT has ordered new equipment in excess of $42m: Klaus Laursen
Daily News Egypt interviewed Klaus Larsen, Managing Director of the Suez Canal Container Terminal (SCCT), regarding their expansions in Egypt and their view of the investment atmosphere.