Latest in Tag: DNE Highlight
Latest in Tag: DNE
$500m to be invested by PepsiCo in Egypt in 2015: GM
The new investment law is there, but we need the government to make it happen, says Ahmed El-Shaikh
Arabian Cement to use alternative energy in capacity increase
The company is seeking to increase revenues by 10%
Italian investments and agreements in Egypt total âŹ7-8bn
The average period of investment is three years
Suspect in High Court explosion reportedly seen on tapes planting bomb
âNot his first bombing,â State Security says
Russia, Egypt to cooperate in Dabaa nuclear power plant, Russian tourists return in force: Russian Economy Minister
Ulyukayev said cooperation with Egypt will not be limited to the power plant, but also in delivering technology and staff training.
Target business in 2015 worth EGP 1bn with 9 operations: REDCON Chairman
REDCON allies with Chant and Osiga to establish solar plants with capacity of 100 MW and wind farms with capacity of 50 MW
Economic growth must be inclusive: Mohamed El-Erian
GDP was high when 25 January Revolution took place; five steps key for sustainable development, says Allianz SE advisor
Dana Gas to pump additional $350m in Egypt until 2018
Gas output to increase by 170mn cubic feet per day by 2017
Khalifa Fund activates development loan agreement to Egypt
A loan agreement between the Khalifa Fund for Enterprise Development, the Egyptian Ministry of International Cooperation and Social Fund for Development has been reintroduced, according to Khalifa Fund Chairman Hussain Jasim Al-Nowais. The agreement worth $200m was initially proposed in November 2014, to invest in Egyptian micro-project developments, following all the legal procedures in both …
4 Egyptian, GCC companies compete for Gamasha Gulf project: Economic Advisor
Four Egyptian and GCC companies are competing to acquire the Gamasha Gulf project in the Red Sea, according to Adela Ragab, Economic Advisor to the Minister of Tourism. Gamasha Gulf is one of the areas with the most investment opportunities for Egyptian and GCC investors, said Ragab, adding that the projectâs land covers over 8m …
Orders from Emir of Kuwait to immediately deposit $2bn at CBE: Kuwaiti Finance Minister
Kuwaiti Minister of Finance Anas Khalid Al-Saleh said that he received orders from the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, to immediately begin depositing $2bn at the Central Bank of Egypt (CBE). On the first day of the Economic Summit in Sharm El-Sheikh, the Emir announced that Kuwait will provide an aid package …
Focus on major projects is not the way to build an economy: TAG-Org founder
Talks are currently being held with ICT Ministry to host first privately-owned computer cloud in Egypt, says Talal Abu-Ghazaleh
Egypt raises $19.3bn on Summitâs 1st day
Total announced deposits from several GCC countries in the CBE valued at $5.25bn
New civil service law accelerates recruitment, promotion
Council to be entitled to improve civil service
Al-Sisi discusses Palestinian cause at summit sidelines
Israel uninvited, despite president’s opinion praising relations with Netanyahu
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
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 …
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.
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
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.