Latest in Tag: Business Highlight
Latest in Tag: Business
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
Government hopes to pay full debts owed to foreign partners over coming 6 months
Debts owed to foreign companies have plagued all governments since 2008
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 …
Agricultural land allocation law to be ratified within two weeks: Industry minister
Allocation controls will involve respect for prices and payment terms, says Abdel Nour
Extensive amendments to trade law necessary: Industry minister
Ministry is focusing on market exits and bankruptcy, says Abdel Nour
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
First draw of its kind to allocate lands for housing associations: GACHC
Cooperative housing units have access to a cooperative loan of EGP 50,000 for every unit with a 5% interest rate over 20 years
Government anticipates higher growth rates
Builders of Egypt Forum kicks off, minister of planning foresees boom in construction industry
Total value of Egyptian imports, exports falls in first half of 2014: EITP
Yet the value of imports and exports to the EU rises, reports Egyptian International Trade Point
Petroleum ministry to open bids for shale gas exploration in 4 areas in Western Desert
Agreement with foreign partners to increase duration of projects to more than 20 years, says EGAS official
Banks given chief responsibility for promoting economic summit projects: Investment minister
Al-Sisi to promote political, economic, and legislative changes in year-end foreign tour
6th October Agriculture Company outlines land leasing
Company has leased land to several agricultural companies for food production
6th October Co. for Agricultural Products has largest pest-free area certified by EU
The area is expected to produce 30-40% of Egypt’s potato exports to the European Union, says Ahmed Maraay
6 October Co. for Agricultural Products undertakes huge desert reclamation project
Approval pending for construction of third irrigation line at a cost of EGP 120m
The Bank of 20XX
It started with the ATMs because they broke many banks’ assumption that their customers transacted all their bank business in their own branch.
Tunnel authority receives EGP 9bn for metro line expansion
Authority needs over EGP 80bn in funding for wider expansion of Egypt’s metro system, says Chairman Ismail El Nagdy
Non-payment court cases total EGP 128.7m: CAPMAS
The value of “protesto” cases has decreased by 0.23% in past year
US business delegation meets President Al-Sisi
An American delegation will visit Egypt again in March 2015 to attend the economic summit
Kuwaiti investors threaten Egypt with lawsuit over land, accuse government of “lack of seriousness”
Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany Sarie-Eldin
Shell will not proceed with deep water research, exploration in Egypt
Shell and Apache to conduct experiments on shale gas production in the Western Desert
Overall budget deficit declines to 12.8% during FY 2013/2014: Finance minister
Budget deficit compensated by EGP 95.8bn oil aid, EGP 21.5m monetary aid from the Gulf
Tender to be offered for $1.5bn loan this November: El Molla
Ministry hopes to pay nearly $1bn of debts to foreign partners by year-end, says EGPC chairman
New Urban Communities Authority offers 8 tenders in 4 new cities
New Urban Communities Authority Vice Chairman Kamal Fahmy said that four public tenders will be offered in Sadat City.
US delegation to visit Cairo on Sunday to discuss investment opportunities
66 companies will spend 3 days in Egypt
Egypt is large and promising communications market: Dell
Dell Venue Tablet to be offered on the Egyptian market during the first quarter of 2015
TE aims to expand number of submarine cables to 21 by end of 2016
We will rely on the unified licence (mobiles-landlines-internet) to attract customers, says CEO Mohamed El Nawawy
EGAS has suspended gas supplies to EBIC since August
Ministry of Petroleum gives priority to fertiliser factories that sell on local markets
CBE to supervise monetary transactions outside banking sector: Deputy governor
Supervision will cover monetary fund money despite antipathy of investment directors