Latest in Interviews Highlight
Latest in Interviews

Hazem Hegazy, head of retail banking speaks to Daily News Egypt
National Bank of Egypt planning to transform the country into a cashless society

Citibank to launch new payment channels in 2014: Vice president
The bank is preparing new customer services which include the launch of two new premium cards products, Arif Raza says

HSBC sees huge opportunity for credit card growth: Bank’s head of retail and wealth management
Three main factors affect how high or low credit card penetration can be in a country, HSBC official explained

CEO of Fawry in dialogue with Daily News Egypt:
Value of financial transactions made through Fawry’s service $571m; 40 thousand outlets across the country for e-payment; one million transactions made daily through the company’s services; plans to expand to Arab Gulf countries in the coming period.

Jumia signed six international fashion brands, introduced own brand: CEO
Growing e-commerce website has 2 million visits per month, ships 2,000 items per day

Libya’s political parties must focus on state-building to resolve unrest: Libyan Ambassador to Egypt
“We will not return to autocracy and the contents of the roadmap must be finalised”, stated Jibril.

IDA regaining authority in planning and allocation of land to investors: Chairman
IDA’s new protocol with the New Urban Communities Authority (NUCA) set to centralise procedures investors must follow to establish industrial development projects

Egyptian investors’ sensitivity is challenge for foreign exchange market: MerexMarkets
MerexMarkets will participate in the 2014 Africa Forex Expo in South Africa, the Middle East Expo in Kuwait and the Turkey Forex Expo

Gas prices hindrance to Shell Egypt’s work: Chairman
By Mohammed Adel Egypt is facing a gas production crisis and is facing difficulties repaying foreign companies that operate in the oil sector. Shell Egypt Chairman, Jeroen Regtien, spoke to Daily News Egypt on the issues facing the company in Egypt’s current climate. What is the goal for investments to be amassed for the coming …

Egyptian gas to Jordan was never cut off: Egyptian Ambassador to Jordan
In an exclusive interview with Daily News Egypt, Egypt’s ambassador to Jordan outlines the strong ties between the two countries.

Instability, lack of legal certainty the main problems for British investors: Franck
Egypt’s exports to the UK went up by 21% in 2013, says former UK Trade and Investment Director

Cantalop a new ‘Google for jobs’: Founder
New job search engine targeting Egypt job market plans to develop Smartphone application

The Brotherhood ‘deviated’ from original focus, prioritised politics over revolution: Kamal Helbawy
Daily News Egypt interviews former Muslim Brotherhood member Kamal Helbawy to discuss his history with the group, reasons for his departure, and the future of the now outlawed group

Informal system is a ‘structural defect’ of Egypt’s economy: Al-Diwani
Prohibitive laws and procedures push Egyptians to work in the informal sector, says executive director of Center for Economic Studies

Apache investing $1.4bn in Western Desert concession area: Khalda president
DNE interviews Taher Abd Al-Rehim, president of Khalda Petroleum, the joint venture between Egyptian General Petroleum Company (EGPC) and the US company Apache
Online employment platform Nabbesh targets Egyptian youth: Company official
The online hiring platform sees “massive” opportunity in Egypt and hopes to match entrepreneurs with freelancing youth seeking jobs

Carrefour’s Ramadan prices of basic items will be 8% lower than cheapest seller: Executive Regional Director
Carrefour’s Executive Regional Director says new Carrefour branch to open in Hurgada within coming weeks

Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman
Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign investments

‘I call on Europe, support us in fighting terrorism’: Egypt’s Ambassador in Germany
Ambassador Mohamed Higazy is attending to a number of portfolios, answering questions from German politicians, media and civil society pertaining to the latest political developments in Egypt. Additionally, he is endeavouring to revive tourism and attract investment in collaboration with the ministries in Cairo. Daily News Egypt (DNE) met His Excellency at the Egyptian Embassy …

Tourism Ministry to offer incentives to attract foreign investment: Investment adviser
Ministerial committee convenes today to review property ownership laws in the Sinai
Chairman of the SEZone Authority talks about recent land allocation contracts
Daily News Egypt interviews Adel Al-Ayoub, Chairman of the SEZone Authority

Visa collaborating with government on online payment services: Visa’s general manager
Daily News Egypt interviews the General Manager of Visa in the North and Francophone Africa region Tarek Elhousseiny

Government should be investment partner with entrepreneurs: Pokeware CEO
Adviser to US vice president says having free and clear access to internet, without fear of cutoff, should take priority

Arabia Group investing in 1m square metre project in Sinai: Chairman
Tarek Shoukry believes the prices of the property units by around 25%.

Salam from the Bundestag
Cemile Giousouf, the first Turkish Muslim member of Germany’s parliament, speaks to Daily News Egypt
UNEP Finance Initiative seeking members in Egypt: Banking coordinator
The United Nations Environment Programme works with financial institutions to develop environment-focused economic activities, Careen Abb says

31 million passengers used EHCAAN airports in 2013: Chairman
Holding company for Egyptian airports cites 4.8 % decline in air traffic, but also points to a Bid to restore Cairo Airport status in Africa amid visits from international lenders

Boundless natural gas, boundless opportunities: Interview with EIA chief
The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70bn cubic feet a day and is expected to reach over 100bn cubic feet per day by 2040. The trend is likely to continue without hitting a …

Abu El-Reesh Hospital expansions to start next year: Head of the JICA office in Egypt
The organisation has completed a study assessing the potential wind energy development in the western area of the Nile

Egypt is an advanced market when it comes to telecom: Ericsson CEO
DNE Chairman Mostafa Sakr discusses Egypt’s telecom industry with HansVestberg, President and Chief Executive Officer of the Ericsson Group