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You are here:  Home  >  Articles by Mohamed Ayyad
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Unemployment plan to provide training to over 1 million workers: Mehleb

  /  January 26, 2015  /  Business  /  No Comments

Hope is to build accurate labour market database including unemployment rates and distribution according to age, qualification, and gender

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Suez Steel obtains final approval, records $100m in 2015 investments: Gamal Garhi

  /  January 25, 2015  /  interviews  /  No Comments

Government puts unfair pressure on investors, but Garhi optimistic about future in light of recent reforms

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PepsiCo considers developing Pepsi league for students in Egypt: Ahmed El-Sheikh

  /  January 25, 2015  /  Business  /  No Comments

Partnership between PepsiCo and Ministry of Education renewed for 5 years in programme for school students to enhance Egyptian players, says General Manager

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Arafa Holding plans European market entrance in 2015

  /  January 24, 2015  /  interviews  /  No Comments

Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value

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Antiquities ministry requests EGP 488m to continue projects: Cabinet spokesman

  /  January 20, 2015  /  Business  /  No Comments

Better exploitation of antiquities will achieve more income than Suez Canal, says Mehleb

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Falling EGP confirms Central Bank’s optimism, ensures foreign investors: DCode Consulting

  /  January 19, 2015  /  Business  /  No Comments

On Thursday, the CBE’s Monetary Policy Committee lowered the interest rate for deposits and loans by 50 points in one night, to reach 8.75% and 9.75%, respectively.

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City Stars signs contract with French company Prism to manage pyramids’ sound, light

  /  January 18, 2015  /  Business  /  No Comments

$50m investment costs for project; the opening will be with during the coming New Year

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Japan to provide Egypt $360m in energy, infrastructure and technology aid

  /  January 17, 2015  /  Business  /  2 Comments

$200m as Japanese financial support for countries fighting ISIS, says Shinzo Abe

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60 local, international entities to review new investment law: Minister

and   /  January 14, 2015  /  Business  /  No Comments

Current draft not final, may be subject to revision based on ongoing consultations with business community, Ashraf says

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Gamal Negm addresses concerns over mass resignations of banking heads

  /  January 14, 2015  /  Business  /  No Comments

More than 150 banking leaders submitted their resignations in recent days in an objection to the application of a maximum wage.

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SMEs priority for finance ministry

  /  January 14, 2015  /  Business  /  No Comments

Dimian revealed a study conducted by the government to set out a system of integrated incentives to bring about a “renaissance” for SMEs in coordination with the Ministry of Trade, the Social Fund for Development, and the Central Bank of Egypt.

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Egypt reforms to gain confidence of international business community: PM

  /  January 13, 2015  /  Business  /  No Comments

Egyptian delegation to visit Britain in June to follow-up on investment coordination between two countries, says El-Yazal

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GE shows willingness to participate in renewable energy plants: Cabinet

  /  January 12, 2015  /  Business  /  No Comments

Ongoing consultations with international energy partners in the US and China to take advantage of expertise in power generation, says electricity minister

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35% expected savings in petroleum subsidies due to low oil prices: Petroleum minister

  /  January 11, 2015  /  Business  /  No Comments

Consultations to take place with Iraq to receive Iraqi oil, negotiations will decide amount, timing, and price

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Heliopolis Developers Group launches Korba Heights second phase worth EGP 150m

  /  January 11, 2015  /  Business  /  No Comments

“We are planning tourism real estate projects in Ain Sokhna, projects include the Gold Yard compound in Sheraton Heliopolis and Korbetna villa compound”, says group director

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Government to launch 4-year investment, development programme at Economic Summit: Mehleb

  /  January 11, 2015  /  Business  /  No Comments

New investment law gives legal authority to GAFI to approve and facilitate project implementation, bankruptcy law ensures a safe exit for investors, says prime minister

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National project for social protection launched in Egypt’s villages: Prime minister

  /  January 10, 2015  /  Business  /  No Comments

Regular meeting to follow-up on development in villages, inspection of 78 villages to determine progress of development efforts

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HOTAC develops 5 branches of internal trade companies : Investment ministry

  /  January 7, 2015  /  Business  /  No Comments

Private sector carried investment cost of development and paid an annual income for partnership worth EGP 7.6m, with a 10% increase annually

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Government begins accelerating implementation of National Roads Project: Cabinet

  /  January 7, 2015  /  Business  /  No Comments

National Roads Project requires EGP 6bn to be finished next September, banks must participate in financing, says Contractors Union

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Egypt to issue bonds on international markets after higher credit ranking: Cabinet

  /  January 6, 2015  /  Business  /  1 Comment

Lowering dues of foreign oil companies, amending investment laws and resolving conflicts boost business sector’s trust

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Planning, investment ministers agree on financing Misr Spinning and Weaving

  /  January 5, 2015  /  Business  /  No Comments

Salman, Araby discuss iron and steel development via imported raw materials and cooperation to increase production

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Investment ministry to comprehensively restructure 125 public sector companies: Salman

  /  January 5, 2015  /  Business  /  No Comments

Restructuring includes financial evaluation of performance and private sector partnership to change public management, says investment minister

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UAE’s DANA Gas receives $60m in overdue payments from Egypt

  /  January 4, 2015  /  Business  /  No Comments

Emirati company Dana Gas said in a Sunday statement that it received $60m in late dues from the Egyptian government. The sum makes up only a part of the full amount of $212m Egypt still read the rest…

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Al-Sisi to reassure Kuwaiti leadership on Egypt investment, settle issues: Experts

  /  January 4, 2015  /  Business  /  No Comments

50% decline in costs of Gulf oil aid to Egypt due to sharp decline in world oil prices

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Can Al-Sisi boost the economy with national projects?

  /  January 3, 2015  /  Business  /  1 Comment

The Egyptian regime has, on an irregular basis, relied on major national projects which contribute to boosting the economy and the economic development and raise operation rates. Although some projects failed, the Egyptian dream is read the rest…

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Government decides on support for textile workers, adopts industry as national project

  /  December 30, 2014  /  Business  /  No Comments

Prime minister appoints ministers of industry and agriculture and ‏Egyptian Chamber of Textile Industries to agree on cotton cultivation policy

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Mehleb and chairmen of EGX and EFSA study criticised securities tax: Government official

  /  December 28, 2014  /  Business  /  6 Comments

Securities industry representatives strongly criticised the tax, describing it as punishment for investors looking to diversify portfolios

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Index funds delayed to January, secondary market for bonds awaits consensus: EGX Chairman

  /  December 27, 2014  /  Business  /  1 Comment

Over 30 EGX companies will be given less than 1% for free stock exchange to manage their position and offer more bids for free exchange

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Mehleb witnesses signing of pollution control funding agreement worth €70m: Cabinet

  /  December 23, 2014  /  Business  /  2 Comments

Project to provide technical and financial support to industrial facilities in line with environmental laws for pollution reduction

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CBE to double mortgage initiative to EGP 20bn by 2015: Minister of Housing

  /  December 23, 2014  /  Business  /  2 Comments

Real estate prices in Egypt will not decrease; solution is to increase income and we need 500,000 housing units annually, says real estate expert

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