Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Government pays 40% of foreignersâ dues
Decrease of Brent price lowers companiesâ investments in Egypt
Italy, UK, EU express wish to join Al-Sisiâs Libyan counterterrorism efforts
Al-Sisi discusses regional affairs with European representatives at Economic Summit
World shares votes for Egypt, US committed to achieving democracy: Kerry
US Secretary of State discusses terrorism, Palestine-Israel issues during Economic Summit which “brings business and peace investments together”Â
Housing Ministry signs $4bn South Marina development agreement
Ministry relies on marketing for various investment opportunities in the Summit
Summitâs first day cost EGP 100m, revenues approximately $16m: GAFI Chairman
52 countries participating in Economic Summit in Sharm El-Sheikh, UAE and US largest participating delegations
Government announces $45bn Capital Cairo project
With land area of approximately 700sqkm, The Capital Cairo marks one of largest FDIs in Egyptâs infrastructure development
I advise investors to enter Egyptian market before reform completion: FEP chairman
Economic Summit must be evaluated within six months to stand against obstacles and attract investment
BP signs an agreement with Egypt to invest $12bn
BP plans to sign an agreement Saturday worth $12bn to invest in the West Nile Delta gas project. The agreement is considered one of the biggest investment agreements in the history of Egypt. The step comes as part of the British delegationâs participation, headed by Foreign Minister Philip Hammond in the Sharm El-Sheikh Economic Summit …
1.5 million Algerian tourists to visit Egypt annually, starting 2015: Algerian PM
The number of Algerian tourists who will visit Egypt will be approximately 1.5 million, starting this year, Algerian Prime Minister Abdelmalek Al-Sallal has told Daily News Egypt. âWe asked Prime Minister Mehleb to facilitate procedures of Algerian touristsâ arrival in Egypt during this year,â Al-Sallal said. On the sidelines of the Economic Summitâs second day …
Italian âEniâ to inject $5bn in investments to Egypt within 5 years
Italian petroleum company, Eni, signed an agreement with the Egyptian government to promote cooperation between the two. The company seeks to inject investments worth $5bn in Egypt during the upcoming phase. On the sidelines of the Economic Summit in Sharm El-Sheikh on Saturday, an agreement was signed, with the final agreement to be made within …
Egypt implements sustainable growth policies through investment law reforms: PM
Investment, tax laws issued in  last few days, which increase countryâs attractiveness to foreign capital
Student in hiding after prison sentence for atheism
Karim Al-Banna faces three-year prison term for Facebook posts in âhighly politicisedâ case, lawyer says
Egypt is taking strong policy reforms, to facilitate inward investments and boost trade: Immelt
The Egyptian government is taking bold policy reforms to attract investments.
Pro-Morsi judges forced into retirement
Defendants were charged with supporting ousted president and Muslim Brotherhood
EGP 2.5bn to be injected in logistics, energy, transport, agriculture: Naguib Sawiris
I will not take part in proposed projects, and I donât like partnerships with the government, top businessman says
Coca-Cola reveals $500m investment plan in Egypt
New Coca-Cola investment expands Egyptian community programmes focused on women, youth empowerment, well-being and rural development
Newspaper stopped at print over corruption report
Report argued executive officials evaded taxes
Al-Azhar, Iraqi government dispute over âShiâa militiasâ violationsâ
Despite Egyptâs diplomatic support of Iraqi army against âIslamic Stateâ, Sunni institution condemned âviolations by Shiâa militantsâ
Domestic demand volume makes Egypt largest regional economy: Mehleb
Egypt has the potential to improve investment climate
Citigroup evaluate specific projects, keen to engage with the relevant investors
In an interview with Citigroup Egypt’s Chief Executive Officer, Nadir Sheikh, Daily News Egypt looks into the bank’s plans for the Egyptian market.
Siemens to invest in Egypt
The company will build traditional and wind power plants
Summitâs second day kicks off
New investments, Memorandum of Understandings and partnership agreements signed
19 âState of Sinaiâ members reportedly killed
The militants were killed as armed forces targeted their hideouts with airstrikes
4 injured in front of Alexandria bank
Explosions target banks and telecommunication branches during Economic Summit in Sharm El-Sheikh
Concerns over human rights, civil society situation in Egypt before UNHRC
No genuine political will to stop violations against human rights defenders in Egypt, says rights groups
Legislative Reform Committee green lights special investment law for Suez Canal: Sarie-Eldin
Law allows authority to launch major development company, and completely own it or in co-operation with private sector, and cancel the requirement of owning at least 50%
Saudi Arabia, UAE, Kuwait strong backers of Egyptâs economy
Overview of Gulf aid to Egypt in the new era
Egyptian government going in right direction of tackling challenges
In an interview with Daily News Egypt, Mustafa Abdel-Wadood, a Partner at Abraaj, said the government needs to tackle the historical challenge of “dual messaging” sometimes faced by private investors.
2015 proves promising for capital marketÂ
After 2.5 months in 2015, capital listings in Egyptian Exchange have almost reached the total registries in 2014
Public companiesâ IPOs will be through capital increase:Â Omran
Investors do not mind applied taxes, but seek a clear and simple mandate, EGX chairman said