Latest in Interviews Highlight
Latest in Interviews
The Golden Age of Gas, Possibly: Interview with the IEA
The potential for a golden age of gas comes along with a big “if” regarding environmental and social impact. The International Energy Agency (IEA)—the “global energy authority”–believes that this age of gas can be golden, and that unconventional gas can be produced in an environmentally acceptable way. In an exclusive interview with Oilprice.com, IEA Executive …
A benevolent dictator would consider human rights for respectful citizens: Hammouda
Daily News Egypt interviews Ahmed Ezz’s lawyer
‘I was so incredibly scared’
Dutch journalist Rena Netjes speaks to Daily News Egypt about charges, consular assistance, and her departure from Egypt
We are building leadership in Egypt: IDRC
DNE interviews IDRC President Dr Jean Lebel and Regional Director Bruce Currie-Alder
Government accountability a must: CPJ MENA head
DNE interviews Middle East and North Africa Program Coordinator at Committee to Protect Journalists
Stripping the oppressor of his means of oppression is a non-violent act: Salhen
DNE interviews Students Against the Coup spokesman
ESU President: The entire country would suffer both economically and politically if the school year stops
Egyptian universities have been under the spotlightdue to the escalating violence since the beginning of the school yearas a reaction to the military backed transition in power. Egypt’s Student Union (ESU)President Mohamed Badran has been under fire for his statements and his political stances. He was able to win the elections against the candidate of …
Mobinil expected to see profitability in 2015 and plans to invest EGP 2.5bn in the coming year: Managing director
Mobinil Managing Director Ive Gotieh stressed the need to settle all monetary disputes with Telecom Egypt before the latter will provide mobile services. Gotieh stresses that this action will help to maintain “fair competition in the domestic market.”
Qualcomm cooperates with Egyptian Mobile operators
We have been working with the three major mobile operators on projects ranging from network optimisation to device design and production: Qualcomm
Oil expert Mohammed Shoaib: Petroleum production and refinement operations unaffected by events after January 25 Revolution
Shaib revealed that the Egyptian General Petroleum Corporation had been negotiating a loan of US$2 billion before the revolution in order to meet its dues owed to partners, but negotiations ceased after the upheaval.
Pharmaceutical pricing system in need of reform: Novartis Vice Chairman
Restoring security and amending registration and pricing rules are vital to attracting investments, says El Sharkawy
Wamco Motors acquires two ‘market-changing’ car franchises: CEO
Company will offer “Oley” and 2014 models of “Vita 2” and “Dream” in Automac-Formula exhibition in March
Insurance industry, big winner in Egypt’s unrest
Negotiations on investments are underway for insurance sector to fund national projects
The company is considering entering the lending market and financial intermediation
The restructuring of MIHC set up two companies: Misr Property Insurance and Misr Life
Pharmaceutical leader calls for hike in drug prices
Novartis’s vice-president also called for the Ministry of Health to formulate a clear system to guarantee the delivery of modern and innovative drugs as quickly as possible and at the appropriate prices.
Executive Chairman: Egypt Gulf Bank aims to reach profits of EGP 178 million this year
Independent unit to manage small- to medium-sized projects will be launched before the end of this year
New mortgage and savings certificate products were released during the last quarter
Nada Shousha, IFC director for Egypt, Libya, and Yemen: IFC’s investments in Egypt reach US$1 billion
The International Finance Corporation is willing to finance public-private-partnerships centred on infrastructure, says regional director
Ahmed Al-Wakil: Fair prices will not be realised unless commodity exchange controls are established
Import duty solution does not take into account the fact that consumers bear the costs of company and state failures
Ambassador Mona Omar: Egypt lacks a cohesive plan to deal with Africa and Nile basin countries
Presidential envoy discusses Egypt’s historic right to Nile water and its role in the region
Criminal law languishes in post-revolution Egypt: Sarie-Eldin
We are suffering from a post-January 25 mess and the politicization of criminal law in investment disputes, according to economic and legal expert Hani Sarie-Eldin
Accusations of non-patriotism upset me: Egyptian Kung-Fu player
I have a video of the full ceremony, which I will publish at the right time to exonerate myself: Mohamed Youssef
Euromoney: Gross revenues increased by more than 40% over past year, $700m in revenues expected this year: Samsung Egypt General Manager
Market share for smartphone is around 70%.
Over 800 Egyptian employees work in the Beni Suef Samsung facility.
Samsung aspires to expand its export capabilities from Egypt to reach the GCC areas then Europe.
Starting next year, Samsung will make more investments to increase the manufacturing lines such as the panel assembly line
Euromoney: Egypt needs to compare itself with the competition in the region: CEO of GACIC
You can’t blame the political turmoil entirely as a reason. What we are experiencing here is a weakness that was in the Egyptian economy before 2011.
Mining, machine manufacturing and training are among the top sectors German investors would be interested in.
Euromoney: Technology sector to attract EGP 20bn of investments this year: Minister
Sector to grow by about 10% in 2013/2014
Forecasted investments slid from EGP 20bn to 24bn due to political turmoil in first-quarter
Ministry aims to broaden room for competition
Integrated phone license to be issued by year end
Ministry guarantees justice to all parties involved in license
Euromoney: Ministry of Supply to procure up to 200,000 tonnes of wheat
Abu Shadi: We are determined to win the war on vendors’ inflated prices
The ministry will create the competition that forces vendors to sell for less
The ministry plans to complete 100 silos this fiscal year
Egypt awarded 7 silos, will issue tenders for 8 this month, and 10 next month
Rice exports are halted until sufficient amounts are secured for domestic consumption
Euromoney: Nestle Egypt CEO: We’ve invested about LE1 billion over the past three years
Suresh Narayanan: We have 3,000 employees of which over 99 percent are Egyptians
Fire at Banha facility led to “significant” losses which the company recovered
Nestle Egypt to launch new annual projects to expand the company’s capacities and create more jobs
Euromoney: Wadi Group to spend up to EGP 2bn in Egyptian market in the next 5 years
Wadi sees up to 20% growth in revenues this year
Mono-calcium phosphate project to kick start by January 2014
Wadi Fish to export sea bass to Europe next year
The group to expand in Africa by late 2014
Euromoney: UK companies’ interest in Egypt is undiminished
In 2012 imports to the UK from Egypt totalled £624m and UK exports to Egypt were £921m; down significantly from two years earlier
The perception of Egypt generally in the UK and elsewhere is probably worse than it is in reality
Annulment of previous privatizations raises investors’ concerns
‘Osunaarashi’, the Egyptian sandstorm of Sumo
DNE interviews Abdelrahman Shaalan, the Egyptian Sumo Champion
Arab Academy for Science and Transportation aiming for sector expertise by tackling maritime transport development
In an interview with “Logistics”, Abdul Ghaffar said that he expects to hold a meeting with Admiral Mohab Mamish, chairman of the Suez Canal Authority, to agree on the new features of the project in preparation for developing a general plan and implementation mechanisms during the next phase.
Ministry of Water Resources seeks alternative methods for increasing Egypt’s water share
The Minister of Water Resources and Irrigation for the El-Beblawi government, Dr Mohamed Abdul Muttalib, ruled out escalation with Ethiopia as a means solve the dam crisis.