Latest in Tag: Business Highlight
Latest in Tag: Business

Cisco targets 10% business growth in 2017
The parent company believes the Egyptian market is promising and is full of investment opportunities, says El-Gohary

DNE news brief 20 November 2016

DNE news brief: 17 November 2016

The first tender-less Tuesday in almost 4 years
Since December 2012, the CBE has posed 517 regular tenders and 9 exceptional ones totalling $28.6bn, until last Tuesday

‘No sell-out of German businesses’
There’s no reason to fear a sell-out of German technology through Chinese takeovers, says APA Chairman Hubert Lienhard in an interview granted to DW at the Asia Pacific Conference of German Business in Hong Kong.

Microsoft ups prices for UK business clients
Microsoft has announced it will increase prices for a range of enterprise services in the UK

In Cartoon: The value-added tax threatens to cut off the hands of Egypt’s citizens

German business confidence battered
Confidence among German business leaders has slipped markedly, the latest monthly index of Germany’s Ifo economic research institute has shown. Global uncertainties are finally taking their toll, experts say.

In Cartoon: Inflation puts pressure on Egyptians

Botched coup weighs on Turkish shares
Stocks in Turkey opened lower after the weekend’s failed coup attempt, while the government in Ankara insisted the negative consequences would only be temporary. Some experts aren’t quite so optimistic. Shares listed on the Istanbul stock exchange were down 5 percent after parts of the Turkish military tried to seize power from the government Friday …

Appetite for caviar threatens Caspian seals
Its status as the area’s top predator has not stopped the endangered Caspian seal’s numbers from plummeting. Conservationists hope international action can come to its rescue.The Caspian Sea is vast and ancient.

Easyjet warns Brexit will hurt its business
Budget airline Easyjet has said Britain’s planned exit from the European Union will have a severe impact on its business in the next six months. The rapid depreciation of the pound is among the most worrying factors.

French business to gain from Brexit, but Frexit menaces
Following the Brexit, the UK’s closest continental neighbor faces its own political challenges. But the French are also poised to benefit should the UK lose access to the single market, Jake Cigainero reports from Paris.

Gender equity makes ‘business sense’
The EDGE Certification process promotes gender equality in the workplace. Setting global standards and using a business approach to gender equity makes a big difference, EDGE co-founder Aniela Unguresan told DW.

Of change, business, and governments
Some decades ago, Bill Gates of Microsoft, during a visit to Georgetown University, pronounced that there was no need for his company to have a Washington office. Oh ye of little faith—today the firm has “seen the light” and supports a major operation in Washington, D.C. In order to learn we must understand the context …

Egyptian wins award for best Continuity and Resilience project in Middle East
The project is a web portal for providing specialised content in the area of business continuity

Corruption among Iran’s business elites
In Iran, billionaire Babak Zanjani has been sentenced to death for corruption. He once had close ties to political circles. The justice system just wants to close the case and has no interest in further explanation.

Egypt seeks to improve business environment to restore its position on international investment map: Investment minister
There are approximately 1,000 enterprise companies laughed per month, compared to 470 companies in 2015, says Salman

Marketing when things change
Macro changes in the international business environment will affect marketing content, application, context and acceptance. One prime example of adjustment success and failure is the reunification of East (GDR) and West Germany. The lessons learned from that experience might help transform other places, such as in Iran and Cuba. Twenty-five years later, an entire generation …

CBE’s decision to raise cap on dollar deposit will not mitigate liquidity pressures: Moody’s
The CBE decision included high-priority products, such as pharmaceuticals, production inputs, raw materials, food, and industrial machinery, excluding other luxury goods.

Egypt tripled domestic IPO in 2015: Backer & McKenzie
2015 witnessed the first cross-border IPOs by Egyptian issuers in the past five years

Exports register a 17.3% YoY decline
Next year will be the beginning of “breakthrough” for exports’ rates, says Qabil

Cabinet approves business in existing private free zone, declines establishing new ones
Giving license to established projects requiring heavy energy is not allowed except for sectors, regulation approved by cabinet

EGPC, EGAS to follow-up on annulment of ICC’s rule
On Sunday, IEC said it has no further announcements than the ones made on 6 December, in which it said it will act to collect the awarded amount

Turning bridesmaid duties into a business
Nothing is too crazy in New York. That’s what a young woman in her 20s discovered when she offered her services as a professional bridesmaid. Helping brides navigate choppy wedding waters has become a lucrative business. Jen Glantz’s life changed on a Friday in June 2014. That day, two friends had asked her to be …

Shoukry discusses investments with business leaders in South Korea
Shoukry met with the heads of large corporations, including Samsung and Hyundai

Frame of obligations set in power purchasing agreements’ final draft
Seller and buyers’ obligations for electricity have been defined in the final draft of the power purchasing agreement, which Daily News Egypt obtained a copy of. According to the draft, the electricity seller should design, procure, install, and test the production facility, as well as own it, operate it and maintain it. All electricity generated …

Businessmen and the state: A confusing relationship
Several businessmen faced issues this year such as confiscating assets, freezing stocks and freezing bank accounts, causing a major drop in the stock market performance

Egyptian president speaks to tourists from Sharm El-Sheikh airport
Al-Sisi addresses “distress” among businessmen, following release of Salah Diab

China’s Singles Day boosts Alibaba business
This year’s edition of Singles Day in China once again is set to become major success for Alibaba and other local online retailers. The buying frenzy is still seen by many as an anti-Valentine’s Day event. Shoppers spent nearly $8 billion (7.4 billion euros) on Alibaba’s platforms in the first 10 hours of China’s Singles …