Latest in Interviews Highlight
Latest in Interviews

MIDB pumps EGP 800m new loans before end of 2015: Managing director
Industrial sector acquires 40% of total loans from the bank, says Amr Tantawy

All Egyptian presidents did what they wanted; we only applauded: Lenin El-Ramly
Though El-Ramly never joined the protests to Tahrir Square, one thing that caught his attention was that the youth there did not live during Abdel Nasser’s or Sadat’s eras.

Al-Sisi becomes less popular, nobody can bet on how Egyptians can change in future: Khaled Ali
Lawyer and left-leaning politician says the authorities’ crackdown on young revolutionaries aims to eventually take the teeth out of opposition to the regime

Launching Egyptian-Russian-Emirates fund will take at least 6 months
Fruit shipments sent back to Egypt because it they did not meet Russian health standards

Uber organises 1m rides in 305 cities worldwide: MEA Head of Expansion
Cairo caught our attention for its need for smart transport solutions due to population density, says Khoury

Egyptian-German MoUs to be signed during Al-Sisi’s Berlin visit
“If I can’t transfer my profit back, why should I invest,” says German-Arab Chamber of Industry and Commerce chairman Ulrich Huth

$2.6bn to provide market fuel requirements during summer: EGPC CEO
$1.6bn for importing diesel fuel shipments from June until August, says Tarek El Molla

Joint discussion with Russia to manufacture civilian airplanes: ERBC Sec-Gen
Egyptian agri-food exports doubled after US, EU boycott of Russia, according to Alaa Ezz

20% expected growth in 2014-2015 revenues: Banque Misr Chairman
Bank is launching lease company and 15 new branches for Islamic services, says Eletreby

Availability of foreign currency, public debt growth largest challenges for encouraging investment: World Bank economist
Poverty rates are still high, especially in Upper Egypt

33 million Truecaller users in Arab region:Vice-President of MENA Growth Partnerships
Egypt is second largest market worldwide with 10 million users

Elite is not ready to sacrifice for the public benefit’s good
By Sherine Sobhy Holding his cigarette, lost in thought, Bahaa Taher looks more like Don Quixote, whose patience and hope help him cure his own melancholy over the country. Despite his age, his vivid soul is still shinning. “I live life with an old man’s heart,” as he says. However, you quickly realise this is …

Global banking is HSBC’s priority in Egypt: Blanchet
HSBC launched in April its second International Growth Fund, worth EGP 300m, to support SMEs

NBE aims for 10% growth in all bank indicators: Okasha
Deposits portfolio at $11bn for foreign currencies by the end of March

5-year plan to increase market share to 5%, targeted fund portfolio by year-end: Atef El Dib
Q1 revenues at EGP 33m and 11 new branches within 2 years after the approval of the Central Bank of Egypt

$500m tourism investments in North Coast await state support: Chairman of Egyptian Vacation Club
Tourism investors in the North Coast hope to get the state’s support in the region by facilitating procedures and eliminating the illegal seizure of lands

Hopes on investment banks to promote EEDC projects abroad: El Naeem Managing Director
EGP 5bn expected investments for real estate project in Moqattam, El Naeem to execute fiscal studies

Electoral wars trap Al-Wafd Party: Leadership
Reform Front accuses party head of financial and administrative corruption, the supreme body responds with dismissal decision

After 496 days in prison, photojournalist Ziada speaks out
“Police should not punish me for photographing their brutality, they should punish themselves,” says journalist

Goodyear celebrates 10 years in Egypt, offers new tyres
Egyptian market consumes 5m tyres per year, says regional General Manager

Government should focus on MoUs, promises made: Czech Ambassador to Egypt
Other delays and unexpected changes in parliamentary elections might worry some investors

Housing and Development Bank contributes EGP 150m to tourism sector in 2014
Rate of loans in real estate sector approximately 7.2% of bank’s total loans portfolio allocated to corporate sector

Political Islamists will not win more than 20% of parliament seats: Lieutenant General Hossam Khairallah
The battle between the media and interior ministry was blessed by the state, says former presidential candidate

Local, regional investors eye opportunities in Sahl Hasheesh
ERC sees new hotel openings, expects sub-developers to deliver 2,000 additional housing units by 2017

Jobzella to establish HQ in Dubai in 2016, further GCC expansion planned: CEO
Company targets increasing users from 150,000 to 500,000 by end of 2015

NGOs accuse state of corruption, but we don’t look at ourselves: Maat GM
Ayman Okeil discusses postponed elections, and internal politics among Egyptian NGOs

Tabarak Holding to start North Coast project early 2016: Company’s chairman
Increase of land usufruct in Ras Sedr and airport constructed to be discussed in June conference

Private Airlines expand aircraft numbers, launch new flights
Regarding promoting tourism, the private sector is a huge supporter of tourism, and most companies have flight lines between Sharm El-Sheikh, Hurghada, and many European Countries such as Poland, Germany and Italy.

30% of TDA projects will be via public EGX subscription: Serag el Din Saad
Authority will have to put general plan for mega projects whose land area is over 20m sqm

Expanding Blue Pearl projects in costal, new cities: Themar managing director
The company will complete the Blue Pearl project in Marsa Matrouh next year, says Ragab