Latest in Interviews Highlight
Latest in Interviews

AfDB dedicates lending programme to Egypt worth $300m-$450m
AfDB is planning to provide new grants to the tune of $16m in 2015 including support for the Economic Summit

Work needed to improve investment Egypt’s opportunities: Legal expert
Government introduced Investment Law amendments to restore investor confidence, particularly regarding contracts with the state

Egyptian market tops strategic markets in the African and Arab region: Aramex Founder
Laws must be enacted to eliminate bureaucracy, provide facilities to investors, says Ghandour

Summit to put Egypt back on investor map: IFC Country Manager
Our focus going forward in Egypt will be infrastructure especially energy, says IFC Country Manager

Negotiations with Eni to execute $5bn project in next 3 years: Petroleum Minister
695,000 barrels of oil production, 4.7bn feet of gas daily for FY 2015/2016

Deterioration in security situation would potentially be negative for investor sentiment: Moody’s
GDP growth, a reduction in state expenses and a drop in global oil prices are some of these credit-positive developments.

Egypt hopes to lure billions of dollars in investments during Economic Summit: Fitch
In response to Daily News Egypt’s questions, Gamble said the Gulf state’s support to Egypt’s economy will be in the form of FDI, rather than direct payments.

Ministry’s Safaga Industrial Port in line with policy limiting mineral exPorts: Abdel Nour
New Investment Law offers incentives for foreign investors including obtaining energy at low prices, industry minister says

Libya under control by year-end: Omar El Gawairi
Egyptian workers return home is “wrong”, says Libyan minister of media, culture and antiquities
Jumia plans to invest $20m in the Egyptian market in 2015: Executive Director
Our investment amount in the African market during 2015-03-10, says Hesham Safwat

We still live in a world that is dominated by the West: El-Saadawi
Women are losing, yet are moving forward at the same time

European delegations analyse projects during Economic Summit: Akram Tinawi
Dollar crisis will soon end during the next period, funding economic activities will be priority, says Director of Arab Banking Corporation

Human rights in Egypt face obstacles that will soon be eliminated: Ziada
To those who object to the Protest Law, “go eliminate articles that play the same role in international treaties,” Ziada says

We have human rights violations, whoever overlooks them is blind: Saad Eddin Ibrahim
The government is bankrupt and looking for a scapegoat, with civil society’s mistakes fewer than government’s

We have suffered legacy of deteriorating human rights for 60 years: Zaria
Mohamed Zaria, human rights lawyer and chairman of the Arab Penal Reform Organization, said that Egyptians have suffered almost 60 years of human rights violations. He added that the climate is currently hostile to the work of independent human rights organisations, especially through the oppressive Law 84/2002. He added that the state and regime believe …
NCHR is weak, plays only advisory role: Sallam
“I hope that the Protest Law is amended as soon as possible”

Property Finder is a platform offering digital marketing solutions to real estate companies in Egypt: Country manager
Property Finder considers the Egyptian market to be a strategic market due to its large population, exceeding 90 million people, in which more than 45 million use internet, noted Hammad.

Pirelli Egypt plans to expand production capacity
Studies of company’s new expansion to be finished in 2015, construction works will take 24 months

Ambitious Banque du Caire strategy targets 30% loan product growth: Bank President
Car loans from Banque du Caire is considered the fastest growing bank product in the Egyptian market, Zahid said

Intel, education ministry trained over 500,000 teachers: Corporate Affairs Manager
Economy, social issues in Egypt are opportunity to boost entrepreneurship, bureaucracy, legislations, copyrights are prominent challenges

Egypt not sluggish joining entrepreneurship field: Intel Programme Manager
The government can provide bigger market for small businesses by introducing law allowing a percentage of big company contracts to go to small companies

Egypt is in democratic transition, to preserve human rights: Gabriel
Non-systematic violations have been committed by some police officers, says head of Egyptian Union for Human Rights

Human rights situation is improving: George Ishaq
Many infringements committed during two revolutions

Additional EGP 500m investments expected for new opportunities: SODIC managing director
Cash flow for next five years expected to be EGP 17bn, company is interested in coastal opportunities, says Ahmed Badrawi

Stable, transparent tax policies, modern tax laws essential for investment: PwC official
Necessity to give stakeholders’ time before applying value-added tax law, says Amr ElMonayer

Reflections of a female Bedouin candidate on upcoming elections
Daily News Egypt interviewed Na’sa Ibrahim, a female Bedouin activist from South Sinai who will run individually for the seat in the Ras Sidr and Al-Tor electoral district.

Egypt has not requested financing, but we would consider request: IMF Mission Chief
By Abdelrahman Youssef Daily News Egypt sat down with the International Monetary Fund’s (IMF) Mission Chief in Egypt, Chris Jarvis, to discuss the Egyptian economy and IMF recommendations in that regard as well as how political stability influences economic growth. Will Egypt still need financial support in the future or are the IMF’s recommendations for economic reform …

Al Jazeera journalist highlights international bias against Egyptian journalists
Baher Mohamed is the 30-year-old Al Jazeera journalist whose Egyptian citizenship prevented him an equal chance for freedom like his co-defendants Mohamed Fahmy and Peter Greste. The media has rarely highlighted Mohamed’s case, but the journalist is now speaking of the increasingly unfair situation. Daily News Egypt visited Mohamed’s house and spoke to his wife …

Human rights situation dire, terrorism no excuse for violations: Nasser Amin
Amin added that the government should not use the “war on terrorism” as an excuse to commit human rights violations or issue exceptional laws. He explained that international standards apply, even in the midst of a war on terrorism.
Egypt witnesses collapse of rule of law, constitution, human rights: Activist
Demonstrating in Egypt is considered more dangerous than mass murder, and the Protest Law must be amended, says Bahey Eldin Hassan