Latest in Tag: DNE Highlight
Latest in Tag: DNE
Capital market eager to present exchange traded funds (ETF) to investors: EGX chairman
Infrastructure, telecommunication and real estate show stock market promise
2 projects comprising investments of $3.5bn included in company’s long-term plan: Basil El-Baz
By Alia Stohy and Mahmoud Al-Qasas The Carbon Holdings Company is planning to present its initial public offering (IPO) to the main stock exchange at the value of $2 billion. The company nearly resolved negotiations with four investment banks to put 35 percent of its shares on the market, despite the fact that it is …
Current government will not raise petroleum product prices: Planning minister
National investment veered off its developmental course and we seek to resolve the financial entanglements with government agencies, says El-ArabyBy
Investment opportunities in Suez Canal Project are endless: Dar Al-Handasah director of operations
Closeness of name between company and army’s engineering corps led to confusion
Euromoney Conference: Egypt’s economic summit under the microscope
The business and financial community awaits the Egyptian government’s economic plans to be revealed during the Sharm El-Sheikh summit to be held at the end of 2014 or early 2015. The plans are expected to involve procedures correcting Egypt’s economic path amid the government’s efforts to restore international and local market in the economy. Egypt’s …
12.5% deficit in FY 2013/2014 budget, financing gap valued at EGP 10-11bn: Finance minister
CBE’s temporary ‘financial’ account is strategic reserve and will not be used to solve budget deficit
Upcoming period is busy time for petroleum industry: Petroleum minister
Although there will be a $2bn in debts to foreign partners by year end, ministry has paid back $11.2bn to foreign companies during FY 2013/2014
As much as 20% or more of Egypt’s energy could be solar: Consilio CEO
Solar energy is a supplemental source as it requires subsidies and storage to meet peak hours
Larger stake in Palm Hills sought: Ripplewood CEO
Collins affirms commitment to support Egypt’s economic recovery, interest in more opportunities in the country
Sobhi meets French counterpart to exchange views on regional security
Defence ministers and Egyptian chief of staff discussed cooperation in various fields and latest developments
Euromoney Conference: Tourism Development Authority needs major upgrade
The Egyptian official said that the authority needs to undergo a major restructuring in the coming period.
Euromoney Conference: CAOA approves restructuring process, set to establish new departments
Tourism Activation Authority will introduce new departments to market to various types of tourists and attract new consumers
Euromoney Conference: Egypt eyes more southeast Asian, Gulf tourists
The Egyptian Tourist Authority (ETA) seeks to attract more tourists from Asian and the GCC (Gulf Cooperation Council) as visitors from these countries have largely stayed away since the 25 January Revolution due to political unrest. The authority will focus on Chinese and Indian markets as they represent two of the world’s fastest growing economies. …
Euromoney Conference: ETA marketing budget to be cut by 25%
Marketing budget cuts pushes Egyptian Tourism Authority to make-do with participation in international bourses and increase private sector coordination
90% of energy subsidies to be lifted within 3 years: Finance minister
IMF assessment of Egypt’s economy still due before the economic summit, with goal to restore international market confidence, says Dimian
Egypt waiting for ‘appropriate moment’ to issue dollar bonds: Finance minister
Too early to define the yearly percentage that will be removed from energy subsidies, Dimian says
Egypt must apply economic lessons from Asia to the Suez Canal project
The Egyptian cabinet is currently considering a range of amendments to trade regulation legislationin an attempt to attract both Arab and foreign investment
Hunger strikers outside jail reach 295 nationwide
Strikers, whether independent activists or others belonging to political groups and parties, are in Cairo, Giza, Alexandria, Luxor, Sharqeya, Kafr Al-Sheikh, Daqahleya, Beheira, Fayoum, Sohag, South Sinai and Suez
President Abdel Fattah Al-Sisi to Daily News Egypt: Egypt’s Blueprint for Stability, Investment and Growth
Growing confidence also rests on the structural reforms the government has already implemented – as well as on the many additional reforms still in the pipeline – to correct fundamental deficiencies in our economy.
150 days around Egypt
University student to spend five months travelling over 8,000 kilometres by bicycle and film his journey
Egypt redirects US military relationships
Government’s anti-terrorism statements believed to be for “media consumption”, expert says
Egypt and France to discuss combating international terrorism
France changes stance towards Egyptian politics: political analyst
Dissolution of Ultras group delayed
Court yet to rule on Mortada Mansour’s call to designate Ultras group a terrorist organisation
Missing engineer case is clear human rights violation: ANHRI
Engineer missing after security men arrested him without charges
Hacking like Egyptians
After juggling between spaces, “Cairo Hackerspace” settles in studio at Townhouse Gallery
An unlearned lesson from 9/11
By Dr Cesar Chelala On a rainy morning in April 1958, in Washington DC, Ezra Pound – then a 72-year-old man – was declared “incurably insane” by Judge Bolitha J. Laws, who set him free. As he prepared to leave for Italy, Pound declared: “Any man who could live in America is insane.” I wonder what Pound – …
Fighting the Islamic State: What about the day after?
By James M. Dorsey The beheading of a second American journalist and the likely execution of a British national have left US President Barak Obama and other Western leaders few options but to step up military operations against Islamist jihadists in Iraq and expand the battle into Syria. The focus on confronting the militant jihadists …
6 companies to have IPOs this fiscal year: EFG Hermes CEO
Food industry likely to be the first to have an IPO, says Karim Awad
Qatar to expel 7 Brotherhood members
The Qatari authorities decided on Friday to expel seven Muslim Brotherhood members who had earlier fled Egypt to Qatar, press reports said Saturday. The Brotherhood members include Islamist preacher Wagdy Ghoneim and senior member of the Brotherhood’s now dissolved political wing, the Freedom and Justice Party (FJP), Amr Darrag. In a short video placed on …
International conference in Egypt requests hosting 50 world largest companies: Investment minister
Egyptian consultations in China to attract investments, Egypt to be export centre for Chinese technology firm