Latest in Tag: Egyptian Market Highlight
Latest in Tag: Egyptian Market

After pandemic-caused market uncertainty, highly anticipated IPOs stand in queue in 2021
Taaleem to start its IPO by end-March, with Ebtikar, e-finance, and Banque du Caire following suit in 2H

Cubic Information Systems debuts activities in Egyptian market
Waleed Saeed, founding partner and deputy CEO of the company’s regional technology sector, said that he is pleased to announce the start of the company’s business in the Egyptian market.

The Waterway Developments invests EGP 13bn in Egyptian market
Company launches three projects in Fifth Settlement, New Cairo

Samsung to invest $84m over 5 years in Egyptian market
Company to establish $23m computer screen manufacturing line in Beni Suef as part of the investment

Beltone sells US subsidiary Auerbach Grayson to focus on Egyptian market
Beltone said in a statement on Thursday that the agreement will be finalized after obtaining the approval of the Financial Industry Regulatory Authority (FINRA) in the US.

realme C3 and realme 6i takes over Egyptian market with their great value, top quality
Unleash Gaming Monster with realme C3, best choice with realme 6i

Toyota Launches 12th Generation Corolla in Egyptian Market
Toyota revealed the 2020 Corolla model during a big celebration, throughout which the details of the new generation was announced. Ahmed Monsef, CEO of Toyota Egypt, said his company aimed to get next year’s Diamond award through the new generation of the new Corolla sales, pointing out that the model has broken sales around the …

Ahli United Bank’s share of Egyptian market is 3%: El Messeery
Total business size of bank reached $51bn

All banks operating in Egyptian market invited to adopt principles of responsible banking
Egyptian banking sector is strong, capable of achieving Egypt’s leadership in sustainable development in Middle East, Africa

Credit Agricole not considering leaving Egyptian market
We have launched our activities in the Egyptian market 10 years ago and seek to continue and expand it, says Drion

Tradeline to reduce Apple product prices in Egypt
The new price list will take effect starting 9 March

FreeTel aims to acquire 5% of Egyptian mobile market in 2017
Sameh Sabry, Egypt’s general manager for Unicom Trade, the dealership and distributor of FreeTel phones in Egypt, said that the company intends to acquire a 5% share of the mobile phones market in 2017. Sabry told Daily News Egypt that the competition in Egypt is not easy, adding that the company aims to meet the …

When will the Egyptian market stablise?
What we see happening now is normal, but we’re not used to it due to the fixed price of the Egyptian pound, say analysts

Uber to inject EGP 500m in new investments into Egyptian market over 2 years: general manager
We signed an agreement with a private bank to finance the purchase of new and used cars via instalments for those wishing to work with Uber, says Khoury

15 Arab banks, 7 joint Egyptian-Arab banks operating in Egyptian market
NBAD is one of the first Arab banks to begin operating in Egypt, and Morocco’s Attijariwafa Bank recently acquired Barclays Bank Egypt

What do leaders of Arab banks in Egypt say about the Egyptian market?
Reports by global institutions stress that Egypt has made noticeable progress over the past period, presenting many attractive opportunities, says Abdeen

Heads of banks explain Arab, foreign banks’ attraction to Egyptian market
Egypt is a promising market and has very few bank accounts compared to its population, creating many opportunities for growth

Fundamentals of Egyptian market able to attract new investments on medium-, long-term
Exchange rate crisis, dilapidated legislation are main obstacles to investment in Egypt

The story of Yaoota and challenges facing start-ups in the Egyptian market
Egypt is a country with great opportunities but what start-ups really need is more local investors willing to take risks, says Yaoota CEO

Egypt has great potential that enables it to recover quickly: Elsayed
We have been working in the Egyptian market for 80 years; we have been through most of the current problems, says managing director of NCR

Canon allocates 8% of its annual spending on research and development
Canon opened a regional office in Egypt for MENA and expanded recruitment of Egyptian employees

United Bank provides an attractive avenue for Gulf, foreign banks to enter Egyptian market: chairperson
Daily News Egypt sits down with Ashraf Al-Kady in his first interview since he assumed the role of chairperson for United Bank in March

Henkel to invest €50m in Egyptian market in next 5 years
The company’s total sales in 120 countries amounted to €18bn in 2015, an increase of 3% year-over-year

Italian automaker Maserati returns to the Egyptian market
Mazerati’s return to Egypt is a commitment to its customers to meet their demand of exclusive luxury products, including in the automotive sector, executive director of Maserati Egypt Mohammed Kandil said

Hyundai Verna: most sold Korean model in Egyptian market in 2016
With1,456 cars sold at EGP 377m, the Hyundai Tucson was the second most sold Korean model

French companies accompanying Hollande hope to expand in Egyptian market
150 French companies are operating in the Egyptian market, says French foreign ministry

Misys targets 30% growth in the Egyptian market during FY 2015/2016
The company’s software products are the solution for trade finance services and financial treasury, with regards to trade finance products

Residential projects targeting middle class winning in Egyptian market: Aqarmap founder
As a search engine, Aqarmap allows users to search thousands of properties from real estate companies and private owners

UNB-Egypt chosen among 100 top companies in Egyptian market
Managing Director of UNB Atef El-Deeb was handed the honour shield in attendance of Minister of Industry and Trade Tarek Qabil, Minister of Investment Ashraf Salman, and Minister of Social Solidarity Ghada Wali

Dell to introduce 2 new products in Egyptian market in December
We will launch Windows Phone Tables and Alienware computer, says Mansy