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You are here:  Home  >  Articles by Mohamed Ayyad
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Major payment issues hinder real estate taxation: Finance minister

  /  November 22, 2014  /  Business  /  2 Comments

World Bank grants $200m to develop health issues, while energy efficiency increases through investments

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Economic summit to be held from 13-15 March in Sharm El-Sheikh

  /  November 22, 2014  /  Business  /  2 Comments

Finance minister says deadline for parliamentary elections has not yet been determined and government steadily approaches completion of roadmap

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Banks given chief responsibility for promoting economic summit projects: Investment minister

  /  November 17, 2014  /  Business  /  No Comments

Al-Sisi to promote political, economic, and legislative changes in year-end foreign tour

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Egypt, UAE MoU increases free zones cooperation: GAFI Chairman

  /  November 16, 2014  /  Business  /  1 Comment

Cooperation to include organising investment and free zones conferences and UAE-Egyptian economic meetings

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Government decreases final settlement for Al-Futtaim to EGP 214m: Sarie-Eldin

  /  November 16, 2014  /  Business  /  No Comments

Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts

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EGP 8bn to develop road network: Transportation minister

  /  November 15, 2014  /  Business  /  No Comments

Ministry plans to expand road network to limit accidents and accommodate traffic

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Tunnel authority receives EGP 9bn for metro line expansion

  /  November 12, 2014  /  Business  /  2 Comments

Authority needs over EGP 80bn in funding for wider expansion of Egypt’s metro system, says Chairman Ismail El Nagdy

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Egypt Kuwait Holding announces gas field purchase north of Suez

  /  November 11, 2014  /  Business  /  1 Comment

Prime minister says government is working to remove obstacles for investors and create safe environment for profits

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Kuwaiti investors threaten Egypt with lawsuit over land, accuse government of “lack of seriousness”

  /  November 9, 2014  /  Business  /  No Comments

Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany Sarie-Eldin

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Phase one of Safaga Port starts, costs set at EGP 2.5m: Cabinet spokesperson

  /  November 9, 2014  /  Business  /  No Comments

PPP approves construction for Smouha Maternity University Hospital

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US delegation investigates investment climate, includes potential investors

  /  November 8, 2014  /  Business  /  No Comments

Meeting held Saturday between American Chamber of Commerce members and Prime Minister to discuss arrangements for receiving American businessmen

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Economic conference to be held, over 1,000 business leaders to attend

  /  November 8, 2014  /  Business  /  2 Comments

Prime Minister and ministers of the economic, legislative, and infrastructure group will showcase investment opportunities

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Transportation ministry to build 4 new ports for major projects: Ministerial advisor

  /  November 4, 2014  /  Business  /  No Comments

Technical bids to build a link between Damietta river and sea ports will be received in November

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Mehleb meets Saudi, Emirati ministers to prepare for Egypt economic summit

  /  November 2, 2014  /  Business  /  No Comments

Government exerting “immense” efforts to establish standards for investors, accelerating licence issuance, enforcing contracts, and resolving disputes, says cabinet

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Saudi Arabia allocates $350m to Egypt in 3 agreements

  /  November 1, 2014  /  Business  /  No Comments

The agreements include two electricity stations in Western Damietta and El-Shabab

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CBE to supervise monetary transactions outside banking sector: Deputy governor

  /  November 1, 2014  /  Business  /  No Comments

Supervision will cover monetary fund money despite antipathy of investment directors

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Government considering ways to compensate farmers for fertiliser price hikes: Investment minister

  /  October 27, 2014  /  Business  /  No Comments

Companies refusing to comply with ministry’s domestic fertiliser quotas

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Government to add, amend investment laws: Salman

  /  October 26, 2014  /  Business  /  No Comments

Amendments include investor equality, facilitation of market entry and exit in dollars, and expedited bankruptcy procedures

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Investment ministry in EGP32bn asset-debt swap with National Bank of Egypt, Banque Misr

  /  October 25, 2014  /  Business  /  No Comments

Meeting to be held soon regarding payment of outstanding EGP 1.6bn owed to banks, says minister

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Abraj Misr develops EGP 4.5bn project in El-Nozha: Company chairman

  /  October 22, 2014  /  Business  /  No Comments

Contract signed with French consultant and consultations underway with a foreign contractor for construction

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Egypt to present $1.5bn Cairo-6 October train plans at economic summit

  /  October 21, 2014  /  Business  /  No Comments

International company offers to implement the project

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Egypt begins transformation into global logistics centre for grain handling: Prime minister

  /  October 20, 2014  /  Business  /  No Comments

Mehleb says the project is as important as the Suez Canal expansion

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Businessmen voice optimism for uniform investment law

  /  October 20, 2014  /  Business  /  No Comments

Investment minister faces opposition to ‘one-stop shop’ system if put into effect

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Deutsche Bank investments in Egypt worth $35m: Investment minister

  /  October 20, 2014  /  Business  /  No Comments

Deutsche Bank follows Egyptian projects in areas of new and renewable energy, roads, and development of Suez Canal

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Price rises to kill fertiliser black market: Agriculture Minister

  /  October 19, 2014  /  Business  /  No Comments

Farmers syndicate questions government’s ability to cut black market and says price rises burdens farmers

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CIHC finalises evaluation and plans evacuation within days

  /  October 15, 2014  /  Business  /  No Comments

Finance ministry will pay Kaaki for the evaluation, with value not exceeding company’s privatisation price

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Investment ministry forms advisory committee for public sector management

  /  October 14, 2014  /  Business  /  No Comments

The Ministry of Investment has formed a new, as yet to be named, committee  managing public business sector assets, to develop the sector and maximise asset returns. The committee includes eight heads of holding companies, read the rest…

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National construction company reconsiders investments in joint ventures: CEO

  /  October 14, 2014  /  Business  /  No Comments

Group considering partnerships with subsidiary companies to join Gaza reconstruction efforts, says CEO

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New investments in fertiliser sector suspended until crises resolved

  /  October 14, 2014  /  Business  /  No Comments

Fate of the fertiliser tax to be determined in three months

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6 projects worth $1.25bn ready to be showcased at February summit: Investment minister

  /  October 14, 2014  /  Business  /  No Comments

Investment summit in Sharm El-Sheikh will go ahead, despite some incomplete feasibility studies, says Ashraf Salman

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