Latest in Tag: Business Highlight
Latest in Tag: Business

Mansour Foundation’s CSR activities exceed EGP 100m: Managing Director
After the revolution, we contributed to change through academic research, arts, culture, human relief, and social entrepreneurship, Hamoud says

EGP 4m for âOur Childrenâs Wheatâ CSR project: Mondelez
Daily News Egypt interviewed the Corporate & Government Affairs Manager in Egypt and the Levant for MondelÄz Foods Egypt, Ola Loutfi.

ABB triples spending on CSR programmes: Country Communications Manager
ABBâs CSR activities for 2015 include renewable energy, community development and energy saving awareness

Banque Misr continues CSR programmes in Fayoum, Aswan: Programme Manager
Banque Misr Foundation developed 34 medical units in university hospitals, developing 14 villages and informal areas

Housing and Development Bank spends EGP 20m in CSR activities
Bank donated EGP 10m to Tahya Masr Fund

Barclays invests EGP 10m in 2015 CSR activities
In 2014, 785 employees volunteered over 3,000 hours of their time and skills in communities, says Community Relations manager
Sawari Ventures negotiates with 20 investors for $50m investment fund
By Mohamed Alaa El-Din Sawari Ventures is planning to launch a new investment fund with capital worth $50m, according to the companyâs CEO and Co-Founder Ahmed El-Alfy. In a statement to Daily News Egypt, El-Alfy said the company, which specialises in the management and investment of venture capitals in technology industries, is currently negotiating with …

PHC, Housing Ministry negotiate on 2 real estate projects:Â PHC Managing Director
PHC acquired Giza Power Company after Economic Summit, says Al-Ansari
EGP 180bn collected in taxes for first 3 quarters of FY 2014/2015
Meeting to take place to determine next step for capital gains tax

$8bn losses in diving tourism over 4 years: Former Chairman of CDWS
With the decline in tourist flow to Egypt during the past four years, diving tourism lost almost $2bn every year

Tourist flow declines in Luxor, Aswan lowers April occupancy rates: ETAA Chairman
Egyptian Travel Agents Association hopes for occupancy rates in Luxor to reach 50% by next winter

Tourism ministry extends “Egypt in our hearts” initiative
The initiative aims to develop spirit of belonging and loyalty towards universities, schools, and among youth in general

Agreements to be signed with IDB to bolster cooperation: Al-Ahwani
Minister of International Cooperation denies reports that bank demands repayments of loans owed by Egypt

700m cubic feet of gas to be imported daily from Cyprus by 2017: EGAS
Marine pipeline will be established to Aphrodite field within three years

Masader International Trading pumps EGP 1.2bn locally for shop branch opening
âWe plan to open the second branch by the start of next year,â says CEO
Presidential demands, boycotts and bouncing cheques: The strange case of Sainsburyâs in Egypt
The CEO of a UK supermarket has been given a prison sentence in Egypt, but it is only the latest instance in a bizarre, ongoing story

Government continues taxi replacement project
First two phases cost public treasury EGP 1.5bn until end of 2014, along with EGP 40m due for delayed repayments

New training programme seeks 15% return in tourism labour in one year
3,000 Egyptian workers returning from Libya and unsettled Arab countries to be rehabilitated and trained to work in tourism sector

HTC raises Egyptian market share of smartphones to 7%
âSetting a limit to dollar deposits lowered chances of sale growthâ, says Abdel Mohsen

Huawei employs over 10,000 people in research, development: Egypt GM
Huawei provides many technological solutions, including smart transportation solutions, whereby it has provided solutions to more than 87,000 kilometres of railways and metro in different areas of the world.
CGC, PwC host 3rd Annual Board Games Competition 2015
The Board Games Competition was hosted and organised by the Corporate Governance Club (CGC), the first Egyptian student-based academic club that is dedicated to the dissemination of corporate governance principles and best practices among students. The game was founded in 2010 by Ahmed Abdel Meguid, Associate Professor, Chair of the Department of Accounting and Director of the MBA …

Tabarak Holding to launch EGP600m residential project with 1,300 units
“Capital East” expected to launch next month and be completed in three years, to serve middle-class youths

Philips launches its first steam iron factory in EgyptÂ
Several Dutch companies are planning to enter Egyptian market, Ambassador says

EFSA hosts IOSCOâs âGrowth & Emerging Marketsâ meetings
The event was said to represent the largest gathering of capital market regulators to take place in Egypt

European passenger car sales in Egypt at EGP 1.1bn in first 2 months 2015
Skoda Octavia surpasses Peugeot 301 sales as topmost of European car sales in Egypt at EGP 297m
Chinese car sales in Egypt amount to EGP 280m in 1st 2 months 2015
Speranza Tiggo beats Geely Emgrand 7, becomes one of most sold Chinese cars in Egypt

EGP 582m American passenger car sales in Egypt in first 2 months 2015
Chevrolet Lanos tops list of most sold American cars in Egypt with EGP 127m
Locally manufactured car sales decrease by 14%, imported cars at 34%
Ten most sold cars in Egypt outlined

Many governorates start using solar energy for lighting
Solar energy units have been installed in many governoratesâ administrative offices, including Cairo, Beheira, and North Sinai.

Tourism ministry launches programme for visits to Taba, Nuweiba next June
The tourist programmeâs cost ranges between EGP 885 and 1,705