Latest in Tag: Daily News Highlight
Latest in Tag: Daily News

Summitâs second day kicks off
New investments, Memorandum of Understandings and partnership agreements signed
International financing institutions strong backers of Egypt
International financing institutions confirm attendance to Egyptâs Economic Summit this month

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

Ministry of Communications presents 3 projects at EGP 31bn at summit: Minister
Ministry is relying on attracting offers for three projects, which will be proposed for the investors within three days through the summit

Mubarak-era steel tycoon was not invited to summit: Lawyer
Ahmed Ezz stands trial in a number of cases that are still before courts

There will never be a perfect timing for summit: Former Finance Minister
Government was sluggish in launching new investment law, investors were not given enough time to do their homework, says former Finance Minister Samir Radwan

Al-Sisi greets Arab leaders in Sharm El-Sheikh airport
Arab leaders express support for Egyptâs efforts, statement says

Minor explosions rock Maadi
Five bombs explode in Cairo’s Maadi neighbourhood, residents say

Government taking right steps: EY partner
Companies & other entities here to execute, this is what makes this conference successful, says Ahmed El-Sayed

GE to invest $200m in Egypt: CEO
Investment will take place over three to five years, says Jeffrey Immelt

Summit to put Egypt back on investor map: IFC Country Manager Â
Our focus going forward in Egypt will be infrastructure especially energy, says IFC Country Manager

Solar energy best investment in Egypt: HECSOLAR Chairman
The best investment opportunities in Egypt are in solar energy, Wang Weiting, Chairman of High Equal Circle Solar Technology Co. Ltd. (HECSOLAR) told Daily News Egypt Thursday Evening. Sending a message to President Abdel Fattah Al-Sisi and the Egyptian people, Weiting said on the sidelines of the Economic Summit in Sharm El-Shaikh, that he is …

UK number 1 foreign investor in Egypt: Embassy spokesperson
BG invested 14bn in Egypt, says companyâs Egypt President Arshad Sufi
Various sector agreements could be signed during summit: Italian official
Twenty-five to 30 Italian companies from several sectors are participating in Egypt’s Economic Summit, Massimiliano Fachini, a member of the Italian delegation, confirmed to the Daily News Egypt. He added that the sectors represented include energy, electricity, manufacturing, cement, construction, finance and services, in statements on the sidelines of the summit in Sharm El-Shaikh. Discussions …

Protest, investment and BP: Egypt is open for business but not for accountability
With billions of dollars of investment due to flood Egypt, we look at how the government has introduced new legislation to silence citizensâ voices of dissent
Committee to Protect Journalists demands meeting with Al-Sisi
CPJ expresses concerns over press climate in Egypt, urges officials for serious action
Court to issue verdict for 68 protesters on 31 March
Defence pleads not guilty to protest and illegal public assembly charges

Income tax unified at maximum 22.5%: Finance minister
The minister unifies income tax for 10 years days before economic summit

Pioneers Holding considers new acquisitions in 2015
EGX witnesses some activity in 2015 with Emaar Properties PJSC, Orascom Construction (OC) listings, acquisition of Bisco Misr by Kellogâs
Jumia plans to invest $20m in the Egyptian market in 2015: Executive Director
Our investment amount in the African market during 2015-03-10, says Hesham Safwat
Court resumes trial for 68 protesters arrested on 25 January
One defendant among injured of the Revolution in 2011, canât see, says party member and activist

Public opinion wants big response from capable countries: Al-Sisi to Fox News
Suspension of US equipment sends negative indication to public that US is not standing by Egypt, says Al-Sisi

Auto Feeding Companies withdraw from Automech Formula Exhibition
12 AFC subsidiaries have asked to participate in AFE, but some companies decided not to participate

Suez Canal is most important project in Economic Summit: SCA President
The canal projects are realistic and their requirements are available, affirms Mohab Mamish

Saudi Arabia blocks Swedish FM from speech at Arab League in Cairo
Swedish government reports it as a response to criticism of Saudiâs rights record

2 bombs explode in Alexandria
The explosions targeted a telecommunications branch and a bank
Khalifa Haftar sworn in as Libya’s army chief
Former rogue general had staged his own war against Islamists in eastern Libya
Israel confirms negotiations continuing over Egyptâs supply gas
A petroleum ministry delegation visited London, and secretely met Noble and Delek representatives, says official

3 conscripts killed, 3 others injured in Sheikh Zuweid explosion
North Sinai governor to disburse EGP 448,000 for families harmed as a result of 29 January explosion

Shura Council protesters defied state sovereignty: Cairo Criminal Court
The court released its reasoning on the verdict issued on more than 20 persons