Latest in Interviews Highlight
Latest in Interviews
Royal Maxim Palace to cross 50% occupancy rate by 2016: Hotel’s GM
At a rate of EGP 3,000 per night per room, the luxurious hotel targets businessmen and the local leisure market
I-Score’s database includes over 10.1 million clients: Managing Director
92 entities use the company’s data, including 41 banks, while the CBE monitors the company’s activities
South Sinai Investors’ Association Chairman calls on government to intervene regarding hotel pricing
Despite hardships in the sector over the past four years, it is still working and gaining experience in dealing with crises, says Hesham Ali
Egypt on track to democracy: Kveck
Hungary’s Ambassador to Cairo Peter Kveck discusses bilateral relations between Egypt and Hungary following President Al-Sisi’s visit
No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin
Poor performance and financial manipulation are most notable issues affecting EATC
Misr Insurance targets large expansion plan in next period: El-Hini
Company interested in microfinance, looking for opportunity to engage in that promising activity
Emirati entrepreneur innovates ‘Lego’ into training device
“I plan to expand my services to the Egyptian market soon,” says Al-Zaabi
GB Auto to feature 2 new cars by year-end: Executive VP
Company will open two new centres, launch S3 centre in Alexandria
Emirates NBD seeks 25% growth in activities by end of 2015: Al-Damaty
The bank finances more than 22 sectors, primarily in energy, petroleum, communications, construction and food
Securing democratic transition a secondary task of Air Defence Forces: Commander
Air Defence Forces is securing air forces units in their fight against terrorism in Sinai, says Commander of the Air Defence Forces El-Tarras
Gulf tourists double reservations in Cairo hotels for Eid
Occupancies in Cairo hotels vary between 20%-30%, looks to increase to 70% within last few days of Ramadan
I expect presence of 5,000 eminent figures in New Suez Canal opening: Moutran
Ceremony will surprise everyone and the cost is yet to be determined, says Memac Ogilvy & Mather Chairman
Off the books – Egypt’s hidden $9.4bn
Daily News Egypt speaks with the journalists behind an investigation that claims to have documented officials siphoning vast sums of public money to top-up salaries and maintain networks of political allegiances
EGX-listed companies, high capital long-term projects most appealing to foreign investors: OBG official
Economic Summit’s success was in impression and image it conveyed, Tashima said
Several businessmen attempted to buy car agency, but failed: Karim Naggar
We will supply Egyptian Ambulance Organization with vehicles soon, says businessman
Oil production at 130,000 barrels on average daily: Shell Egypt
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates
Industrial Development and Workers Bank aims loans portfolio increase of EGP 1bn: Chairman
We target pumping EGP 650m in large companies sector, about EGP 350m in retail, and small and medium-sized projects sectors, says El-Kosayer
Pressure of World Cup qualifications, poor planning reason for failing in African championships: Former Al-Ahly coach
Egyptian coaches need education to reach universality
Municipal councils’ licences behind widespread use of donkey meat in restaurants: Al-Kerdany
Unreasonable that global restaurant chains in Egypt are under the supervision of municipal councils, and not the Ministry of Tourism
Egypt’s economy needs FDI push for its flat battery: British Ambassador
British investors demand fair treatment from government, competition to be opened up in private sector, says Casson
TIEC plans to make Egypt new Silicon Valley in Middle East
We aim to be among largest 20 countries in patents and technological innovation by 2030, says acting manager
Annual production of 5bn-7bn packages needed to establish facility: Tetra Pak official
Company’s production and net sales expected to grow by 20% in 2015
No point in strategy to develop auto industry without body to follow up: EJB Auto Committee Head
The strategy should include replacing cars, and purchasing local products by governmental bodies, says Mohamed Salem
SODIC expects EGP 4.5-5bn in contracted sales in 2016
Company hopes to start sales in North Coast project by end of this summer
TEDA Investment Group to deliver 2 sqkm from SE Zone by end of June: CEO
We already finished master plan, nearly everything is finished, we are waiting for Egyptian partner to transfer the land, says Wei Jianqing
AIB not for sale after losses turn into profits: Chairman
Bank capital increased to EGP 1bn and volume of deposits jumps to EGP 6.5bn in three years
We plan to increase business to EGP 750m by year-end: ECG chairman
Company working on designing smart village in Jordan on 1m sqm, and another in Uganda on 50 acres
$20bn expected trade balance after activating tripartite agreement: COMESA Sec-Gen
Total funding for annual infrastructure projects at $52bn, only $22bn provided causing Africa to lose infrastructure fund, says Ngwenya
Sukari Gold Mine production to increase to 500,000 oz by 2017: Chairman
We aim to produce 420,000 ounces of gold from Sukari Gold Mine in 2015, says Joseph El-Raghy
Sharm El-Sheikh declaration to be signed liberalising goods, services trade
Four new Egyptian Commercial Services offices to be opened in Africa before the end of the year, Says El-Leithi