Latest in Interviews Highlight
Latest in Interviews
The government banking sector is full of talent: Al Baraka Bank Egypt Financial Adviser
Some government banking talent has migrated to private banks, hoping to gain higher wages than the maximum EGP 42,000 imposed by the government
‘I sold 19 acres plus my car to be able to keep the hotel running for 4 years’: Hotel Chairman
Utopia Hotel has no occupancies, with EGP 1.5m losses and demand from government and banks is increasing, says Shalaby
‘Hotels are closed in Taba and Nuweiba due to low occupancy’: Regional Prime Guides Investors Association
Association warned against shut downs and converting hotels to shelters for outlaws, thus loss of investments worth EGP 10bn
ICT market generally growing in Egypt: Intel’s META business director
By Mohamed Alaa and Sara Aggour With the government constantly announcing new plans to develop its information and communications technology sector, Daily News Egypt sat down with Intel’s regional business director for the Middle East, Turkey and Africa (META), Frederico Carvalho, to discuss potential opportunities in the market, the future of tablets, and big data …
38% increase in sales in 2014: Tokio Marine Family Takaful MD
The main obstacle facing the insurance market is for people to be truly convinced to engage in insurance services, says Masaya Inagaki
Investigative reporter Yaser Zayat talks about journalism in Egypt
“It’s certainly a risky field, but this is what proves the true mettle of journalists and helps them change the world,” says Zayat
ITWORX Education to negotiate with government to publicise tech solutions in public schools: CEO
Egypt is capable of penetrating global technology market, with company spending 25% of revenues on scientific research and development
Trying Mubarak unconstitutional, should have taken place before electing president: Minister of Transitional Justice
‘My committee visited Tora Prison following the UPR and we did not receive any complaints of torture’, minister says
Mubarak’s acquittal has nothing to do with recovering funds: Justice Minister
Reconciliation with Mubarak-era businessmen is in the benefit of the state, says Saber
Egyptian market has strong growth opportunities due to large youth population: OSN Middle East Marketing Director
20% annual growth target for OSN channels in the Egyptian market during the coming phase
Construction sector challenged by growing demands: Hill International Egypt Manager
Egypt’s construction sector is busy due to the huge development projects adopted by the government, Waleed Abdel Fattah says
Legal environment, lack of transparency challenge economy: UNB board director
Investment opportunities can be created through improving infrastructure and providing support to the sectors, Mohamed Nassar Abdeen says
EGP 120bn investments in communications sector over the next five years: Atef Helmy
We are working to erase obstacles facing investors by amending rules and regulations, says Ministry of Communications and IT
Tourism ministry aims to expand foreign investment: Ministerial advisor
Ministry of Tourism is working to attract investments worth $5bn before 2020, will offer mega investment opportunities during the economic summit in March 2015
Clear economic vision is big challenge for Egypt in 2015: EFG-Hermes Head of Research
Egyptian market is, however, the most attractive in the Arab world due to potentially high returns on investments
International bonds issued in all markets, country minus guarantor: Dimian
Government received offers from abroad to finance Suez Canal project but opted to finance it domestically, say finance minster
Egypt one of the HSBC Group’s 19 global priority markets
By Walid Abdel Azim Mona El Sayed, Head of Commercial Banking at HSBC Bank Egypt, talks to the Daily News Egypt about the company’s plans and assessment of the Egyptian economy. What is the HSBC’s vision for the Egyptian economy in the coming period? HSBC Group believes in the long-term future of Egypt and remains …
Government negotiates $200m from Khalifa Fund, to invest in Employment Holding Company: Planning minister
Minister of Planning Ashraf El-Araby expects approximately $2.5bn in FDI in Q2 FY 2014/2015
High-speed train, metro lines 5 and 6 priority for transportation ministry’s investment projects: Hany Dahy
National roads project expected to be completed in August 2015
Government needs to reduce bureaucracy to lower costs, increase productivity: Investments head
El-Hatow: Real estate is king and energy requires a special kind of investor
Special authority to facilitate Suez Canal investment to be set up: Sarie-Eldin
Investment law for canal region to be completed within a month, and committee including ministries of investment, justice, transport, and trade to be formed
Emirati, Saudi parties largest investers in Egypt: Investment minister
Government will resolve the majority of disputes with investors before economic summit in March, says Ashraf Salman
New phases of Hyde Park and Chill Out Park in the range of EGP 9bn: CEO Dar Mimar Group
Daily News Egypt sat d own with Ayman Ismail, the CEOof Construction and Engineering Company Dar Mimar Group (DMG), to talk about DMG’s performance in the Egyptian market and its future real estate plans What are the projects that DMG plans to launch in near future through its real estate arm Mountain View? And what is the …
Infrastructure key component in Egypt’s economic drive: Nassef Sawiris
Nassef Sawiris, business tycoon and CEO of OCI N.V elaborates in an interview with Daily News Egypt on the company’s investment plans in Egypt, and how the company can contribute to overcome the challenges in the country You’ve previously stated that OCI will seek investments in the energy and infrastructure sectors. Is the company …
Dana Gas signs agreement with petroleum ministry to increase gas production
$270m in investments over seven years to increase production, company will be repaid all dues by 2018
Fawry changing the culture of payment in Egypt: Top management
Daily transaction rate has gone up from 1,000 per day by the end of 2009 to over 1m, says CPIO
‘Our investments in Egypt are continuous and will not stop’: PepsiCo chairman
PepsiCo has injected $600m into Egypt over the past three years, of which $270m were supplied last year, and hopes that its investments will expand in the near future
NBE to fully automate risks management: Information Security director
Egyptian customers’ trust in banking technology will increase when the banks offer services with high security standards, Abeer Khedr says
5.5bn cubic metres of wastewater per year can cultivate 1.5m acres in forests: Presidential agriculture advisor
Sea water desalination is the only solution to Egypt’s water shortage
Dabur Egypt Ltd aims to double its sales over next 3 years: Finance manager
Company investing in 10th of Ramadan factory