Latest in Tag: Investment Highlight
Latest in Tag: Investment

Egypt investment opportunities review
Investment minister Osama Salih set to review opportunities during Turkish-Arab Economic Forum

El-Araby: Foreign investment in the Arab world drops 37.4%
Main contributing factor to rising unemployment was the inability of governments to attract foreign, Arab and local investment

Ministry of Sport: Five new PPP ‘sport city’ projects announced
“We want to forge partnerships with the private sector,” says Minister of Sport Mostafa Azzam

Energy subsidies to be lifted in three years: Hatem Saleh
Claims the State is seeking to restructure subsidies

Samsung market capitalisation reached $200bn in 2012
The electronic giant’s Benif Suef factory, its first in the Middle East, will open June 2013

Pity Sawiris
At a time when many Egyptian workers are protesting against the chief executives of companies demanding better rights, employees at Orascom Construction Industries demonstrated an unusual display of loyalty against accusations from the government that the company owes EGP 14bn ($2.1bn) in back taxes relating to the 2007 sale of its cement arm to France’s Lafarge. Hundreds of …

Sudanese representatives in Cairo for meetings on Darfur
Morsi expresses support for Darfur reconstruction and strengthening of bilateral relations with Sudan

‘No development without security and no security without development’
Interview with Hany El-Assal, chairman of Misr Italia Holding

Tourism in the news: Joint Kuwaiti-Egyptian investment forum set to take place in Marsa Alam
Kuwaiti Arab Development Fund a prominent attendee

‘We did our homework’: Minister of Finance
The economic take-off program will be applied ‘whether the IMF comes or not’, says the ministry

EFG Hermes, QInvest on verge of completing merger
The Qatari partner will hold a 60% stake in the new venture, to be named EFG Hermes Qatar, with EFG Hermes holding the rest

Minister of Industry: Development of Suez Canal industrial hubs will boost revenues $50bn yearly
Current government plans to develop Suez Canal industrial hubs will increase the canal’s revenues tenfold to reach $50bn yearly, said Minister of Industry and International trade Hatem Saleh.

Kidzania Egypt to open soon
750,000 to 1.2 million visitors expected annually

Tourism in the news: Tourism pays the price for violence
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.
Tourism in the news: Commission to audit Tourist facilities and quarries in the Red Sea
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.
Tourism in the news: 14 Qatari companies consider tourism investment opportunities in Egypt
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.

Tourism in the news: Emirates campaigns for Dubai to host 2020 Expo
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.

Tourism in the news: Aviation minister conducts discussions with presidents of several companies
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.
Tourism in the news: Egyptian company Al-General looks to spur investment in Sudan
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.

Sabbour: No foreign investment in the absence of stability and security
The President of the Egyptian Businessmen Association, Hussein Sabbour, relays to Daily News Egypt his concerns and diagnosis of Egypt’s economic crisis and sheds light on how Egypt can overcome the perils of status quo
Egyptian-European Council to hold a conference on investment potential
President of the Egyptian-European Council Mohamed Abou El Enein discussed the need to improve security in Egypt, particularly in touristic regions, in addition to increasing the flow of investment into the country by providing incentives to businessmen.

Qatar to double aid to Egypt
Qatari prime minister labels claims of dominance over Egypt “ridiculous joke”

Folly to be wise
By Philip Whitfield Undressing the tree, the Christmas cards tease. Bundle and bung? Or pause wistfully. The ones from Palestine are most inclining. Not from bullyboys or assassins. They hail from everyday folk. One draws most attention. The writer points out that when O little town of Bethlehem is sung seldom think of today’s city …

Rebel Economy Wrap
Syria’s Poundemonium
Financial community pessimistic
By Mahmoud Kasas Experts in finance and investment banking agreed that the government’s recent decision to postpone the signing of the $4.8 billion IMF loan will have a negative impact on the country’s economic climate. “Postponing the loan will deter investors seeking to do business in Egypt,” said CEO of CI Capital investment bank, Mahmoud …
Egypt Railways seeks EGP 320 million to fund new development project
Three new companies have been created for the purpose of improving service for long/short term travel and freight trains

Rebel Economy Wrap
Egypt Delays IMF Loan Deal – The Big Impact
Egypt and Greece to boost bilateral economic relations
Minister of industry and foreign trade meets Greek ambassador to Egypt

Constitution crisis threatens investment, exports and business contracts
Many foreign businessmen and investors have postponed planned trips to Egypt

How to grow our economy
By Hisham Ezz El-Arab Just a decade ago, Turkey was on the edge of state bankruptcy. The political system was paralysed, and the Istanbul stock market had crashed. The price of cars and computers rose 50 per cent and hundreds of thousands lost their jobs. Since then, during a decade of rule by the Justice …