Latest in Tag: interviews Highlight
Latest in Tag: interviews

$500m tourism investments in North Coast await state support: Chairman of Egyptian Vacation Club
Tourism investors in the North Coast hope to get the state’s support in the region by facilitating procedures and eliminating the illegal seizure of lands

Hopes on investment banks to promote EEDC projects abroad: El Naeem Managing Director
EGP 5bn expected investments for real estate project in Moqattam, El Naeem to execute fiscal studies

Electoral wars trap Al-Wafd Party: Leadership
Reform Front accuses party head of financial and administrative corruption, the supreme body responds with dismissal decision

Goodyear celebrates 10 years in Egypt, offers new tyres
Egyptian market consumes 5m tyres per year, says regional General Manager

Government should focus on MoUs, promises made: Czech Ambassador to Egypt
Other delays and unexpected changes in parliamentary elections might worry some investors

Housing and Development Bank contributes EGP 150m to tourism sector in 2014
Rate of loans in real estate sector approximately 7.2% of bank’s total loans portfolio allocated to corporate sector

Political Islamists will not win more than 20% of parliament seats: Lieutenant General Hossam Khairallah
The battle between the media and interior ministry was blessed by the state, says former presidential candidate

Local, regional investors eye opportunities in Sahl Hasheesh
ERC sees new hotel openings, expects sub-developers to deliver 2,000 additional housing units by 2017

30% of TDA projects will be via public EGX subscription: Serag el Din Saad
Authority will have to put general plan for mega projects whose land area is over 20m sqm

Expanding Blue Pearl projects in costal, new cities: Themar managing director
The company will complete the Blue Pearl project in Marsa Matrouh next year, says Ragab

MIH Chairman called on government to execute New Suez City project with EGP 20bn investments
We are waiting for the government’s response to with start contracting with an American engineering firm to design the blueprint, says El-Assal

Egypt’s tourism recovery may take longer than expected: Collier’s Sona
In the past 12 months, Colliers International has advised GCC developers on projects in Cairo and Marsa Alam

EGP 4m for ‘Our Children’s Wheat’ CSR project: Mondelez
Daily News Egypt interviewed the Corporate & Government Affairs Manager in Egypt and the Levant for Mondelēz Foods Egypt, Ola Loutfi.

Barclays invests EGP 10m in 2015 CSR activities
In 2014, 785 employees volunteered over 3,000 hours of their time and skills in communities, says Community Relations manager

$8bn losses in diving tourism over 4 years: Former Chairman of CDWS
With the decline in tourist flow to Egypt during the past four years, diving tourism lost almost $2bn every year

Cairo Airport Company achieves EGP 371m net profit in 3 quarters of FY 2014/2015: Chairman
Company aims to increase its profit by end of fiscal year 2014/2015 to EGP 440m, from EGP 281m last year

Only government has solutions: Moustafa Hussien
Dollar crisis hampers automotive market completely

Under the radar: The up and coming Egyptian fashion industry
Daily news Egypt met five of this year’s freshest talents; Randa Torky, Norhan El-Sakkout, Nora Radwan, Bassant Rafaat and Nour El-Sawaf, along with their instructor Waleed Khairy to discuss the industry’s flaws, challenges and future.

Total Business Mastery offers practical tips to be applied immediately: Brian Tracy
Sales guru explains that the most common mistake made by businesses is offering a product that is not really wanted, or failing to constantly develop it

We have more than 100,000 visitors a month: Dawaya Business Development Manager
Drug purchase through Internet gives customers privacy and speed

Ministries of Industry, Finance need balance between Egyptian, European exporters: GB Auto SAE CEO
Customs exemption for Egyptians in the European market is 10% compared to 135% for Europeans in Egyptian market

Hotel, resort reservations to increase 20% next winter: Tourism Minister
Ministry of Tourism working to increase tourist flow to Egypt by 20% by end of year, bringing tourist numbers up to 12 million

B-Tech predicts EGP 1.80bn sales in 2015
B-Tech intend to increase capital to EGP 250m-EGP 300m during 2015 through new financial institutions, says B-Tech CEO

First Egyptian-Saudi 5-star hotel will be built on Maadi Corniche : SECON CEO
SECON’s investments will be EGP 5bn over next five years, ranging from tourism and above middle-class housing, says Hassnin

Freedom of the citizen is invalid in an occupied nation: Abo Zeid
The foreign powers’ objective is to tear Syria apart, Nasserist leader says

The political resolution is a must, but the regime is hindering that resolution: Marwah
The Arab league’s decision not to invite the Syrian Coalition is coinciding with projects aimed at re-floating the Assad regime, the coalition said in a statement

We will never join forces with any group who wants to destroy unity of Yemen: Bannan
The southern movement is taking wise and well assessed steps, and citizens of the south will never take part in an ethnic conflict, southern rebel says

Political, security stability necessary for economic wheel: UAB Chairman
UAB seeks, through addressing the World Bank, to develop a precise definition of the SME projects which aim primarily at helping Arab banks wishing to expand in the financing of this important sector, according to Barakat.

Political instability has ‘surely’ affected employment rates: ALO
By Rana Yehia The Arab Labor Organization (ALO) began issuing periodic reports since 2008, labour and unemployment being the first topic to be reported on. The Arab region generally has the highest unemployment rates amongst the world. The rates of the total unemployment have reached 14% whereas the youth unemployment percentage was recorded at 25%, …

Competition is healthy, mandatory for quality services: NOOR Data Networks Officials
NOOR is among the first companies that introduced Internet to the Egyptian market.