Latest in Tag: interviews Highlight
Latest in Tag: interviews

Dopay targets 20 Egyptian companies in financial inclusion system
Approximately 90% of the Egyptians have no bank account

IT synergyâs profits to reach EGP 4-5m in 2015, EGP 9m in 2016
The tech company to have an EGP 8.6m IPO

No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin
Poor performance and financial manipulation are most notable issues affecting EATC

Misr Insurance targets large expansion plan in next period: El-Hini
Company interested in microfinance, looking for opportunity to engage in that promising activity

Emirati entrepreneur innovates âLegoâ into training device
âI plan to expand my services to the Egyptian market soon,â says Al-Zaabi

Gulf tourists double reservations in Cairo hotels for Eid
Occupancies in Cairo hotels vary between 20%-30%, looks to increase to 70% within last few days of Ramadan

I expect presence of 5,000 eminent figures in New Suez Canal opening: Moutran
Ceremony will surprise everyone and the cost is yet to be determined, says Memac Ogilvy & Mather Chairman

Several businessmen attempted to buy car agency, but failed: Karim Naggar
We will supply Egyptian Ambulance Organization with vehicles soon, says businessman

Oil production at 130,000 barrels on average daily: Shell Egypt
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates

Industrial Development and Workers Bank aims  loans portfolio increase of EGP 1bn: Chairman
We target pumping EGP 650m in large companies sector, about EGP 350m in retail, and small and medium-sized projects sectors, says El-Kosayer

Pressure of World Cup qualifications, poor planning reason for failing in African championships: Former Al-Ahly coach
Egyptian coaches need education to reach universality

TIEC plans to make Egypt new Silicon Valley in Middle East
We aim to be among largest 20 countries in patents and technological innovation by 2030, says acting manager

No point in strategy to develop auto industry without body to follow up: EJB Auto Committee Head
The strategy should include replacing cars, and purchasing local products by governmental bodies, says Mohamed Salem

TEDA Investment Group to deliver 2 sqkm from SE Zone by end of June: CEO
We already finished master plan, nearly everything is finished, we are waiting for Egyptian partner to transfer the land, says Wei Jianqing

AIB not for sale after losses turn into profits: Chairman
Bank capital increased to EGP 1bn and volume of deposits jumps to EGP 6.5bn in three years

From pharmacist to writer: The diaries of a girl who wanted to get married
In a special interview with Daily News Egypt, Abdel Aal revealed some secrets about her literary and artistic works, the fierce attacks she encountered because of her last series and her upcoming projects.

We plan to increase business to EGP 750m by year-end: ECG chairman
Company working on designing smart village in Jordan on 1m sqm, and another in Uganda on 50 acres

$20bn expected trade balance after activating tripartite agreement: COMESA Sec-Gen
Total funding for annual infrastructure projects at $52bn, only $22bn provided causing Africa to lose infrastructure fund, says Ngwenya

Sukari Gold Mine production to increase to 500,000 oz by 2017: Chairman
We aim to produce 420,000 ounces of gold from Sukari Gold Mine in 2015, says Joseph El-Raghy

Sharm El-Sheikh declaration to be signed liberalising goods, services trade
Four new Egyptian Commercial Services offices to be opened in Africa before the end of the year, Says El-Leithi

MIDB pumps EGP 800m new loans before end of 2015: Managing director
Industrial sector acquires 40% of total loans from the bank, says Amr Tantawy

All Egyptian presidents did what they wanted; we only applauded: Lenin El-Ramly
Though El-Ramly never joined the protests to Tahrir Square, one thing that caught his attention was that the youth there did not live during Abdel Nasserâs or Sadatâs eras.

Al-Sisi becomes less popular, nobody can bet on how Egyptians can change in future: Khaled Ali
Lawyer and left-leaning politician says the authoritiesâ crackdown on young revolutionaries aims to eventually take the teeth out of opposition to the regime

Launching Egyptian-Russian-Emirates fund will take at least 6 months
Fruit shipments sent back to Egypt because it they did not meet Russian health standards

Egyptian-German MoUs to be signed during Al-Sisiâs Berlin visit
âIf I canât transfer my profit back, why should I invest,â says German-Arab Chamber of Industry and Commerce chairman Ulrich Huth

Availability of foreign currency, public debt growth largest challenges for encouraging investment: World Bank economist
Poverty rates are still high, especially in Upper Egypt

33 million Truecaller users in Arab region:Vice-President of MENA Growth Partnerships
Egypt is second largest market worldwide with 10 million users

Elite is not ready to sacrifice for the public benefitâs good
By Sherine Sobhy Holding his cigarette, lost in thought, Bahaa Taher looks more like Don Quixote, whose patience and hope help him cure his own melancholy over the country. Despite his age, his vivid soul is still shinning. âI live life with an old manâs heart,â as he says. However, you quickly realise this is …

Global banking is HSBCâs priority in Egypt: Blanchet
HSBC launched in April its second International Growth Fund, worth EGP 300m, to support SMEs

5-year plan to increase market share to 5%, targeted fund portfolio by year-end: Atef El Dib
Q1 revenues at EGP 33m and 11 new branches within 2 years after the approval of the Central Bank of Egypt