Home
Loading...
You are here:  Home  >  Articles by Mohamed Ayyad
Latest

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

Read More →
Latest

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

Read More →
Latest

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

Read More →
Latest

Government considers bartering commodity imports from Moscow: Official spokesman

  /  December 21, 2014  /  Business  /  1 Comment

A halt in trips from Moscow and St Petersburg to Sharm El-Sheikh and Hurghada due to decline of rouble: AlMasria Universal Airlines chairman

Read More →
Latest

Russian deal will make Egyptian products more competitive, increase tourism and trade: Russian-Egyptian Business Council member

  /  December 20, 2014  /  Business  /  No Comments

Government sources confirm sufficiency of Russian tourism in Egypt, despite tumble in value of rouble

Read More →
Latest

Negotiations to resume with Russia to provide natural gas via Gazprom: Deputy Russian PM

  /  December 17, 2014  /  Business  /  1 Comment

Russia is preparing technology with the World Bank to implement the ‘one-stop shop’ investment window system

Read More →
Latest

PepsiCo to renovate schools, launch 3 electricity projects worth EGP 4.9m in Sohag

  /  December 16, 2014  /  Business  /  2 Comments

Food-for-Education Project benefits 400,000 Egyptians through providing quality food for low socio-economic classes, women, and children in Egypt

Read More →
Latest

Government studies allow new cement factories to be established: Prime Minister

  /  December 16, 2014  /  Business  /  2 Comments

Government Economic Group discussion takes legal and economic dimensions into account in expanding cement production

Read More →
Latest

Government plan to attract foreign investments requires stable security situation: Economists

  /  December 15, 2014  /  Business  /  1 Comment

Government is working to improve the business sector to fight slow economic growth, decrease unemployment and improve quality of life through basic economic reform

Read More →
Latest

Accredited centres granting certificates for used cars needed: Consumer Protection Agency Chairman

  /  December 14, 2014  /  Business  /  2 Comments

Insurance, whether comprehensive or obligatory, is crucial to help accelerate the market and insurance payment, according to Atef Yaqub, Chairman of the Consumer Protection Agency. Yaqub said the government should speed up the process of read the rest…

Read More →
Latest

Consultations with Eurasian Union to sign free trade agreement: Minister of Industry

  /  December 14, 2014  /  Business  /  No Comments

The agreement would open up a market of 400 million consumers

Read More →
Latest

DP World plans to acquire 10% of goods traded globally

  /  December 13, 2014  /  Business  /  2 Comments

Discussions are underway to expand operations at Ain Sokhna Port

Read More →
Latest

EU offers new trade agreement to Egypt and MENA countries

  /  December 9, 2014  /  Business  /  No Comments

Technical committees for the partnership resume their work following a halt due to political unrest

Read More →
Latest

50 Italian companies to hold investment talks in Egypt in February: Italian ambassador

  /  December 8, 2014  /  Business  /  1 Comment

Embassy preparing logistics investment meeting in Alexandria during December with Italian and Egyptian transport and freight companies

Read More →
Latest

New licences will not boost steel and cement production due to energy shortages: manufacturers

  /  December 7, 2014  /  Business  /  No Comments

Energy supply does not match targeted output, claims steel and cement companies

Read More →
Latest

Social financial allocations to be regularly paid for better services: Finance minister

  /  December 3, 2014  /  Business  /  No Comments

Railway dues will also be reviewed monthly to fund purchase of spare parts, regular maintenance

Read More →
Latest

Invitation to Big 5 to review economic summit projects: Investment minister

  /  December 2, 2014  /  Business  /  2 Comments

Investment banks are considering 23 projects, with approximately 20 BOT and PPP projects ready, and 17 projects for the business sector

Read More →
Latest

Government considers new iron, cement licences to fill local gap

  /  December 1, 2014  /  Business  /  1 Comment

Consultations with GAFI Board on final draft of amendments to investment guarantees and incentives to take place within a week

Read More →
Latest

Oriental Weavers expects EGP 5.8bn in 2014 sales, 2 new factories planned

  /  December 1, 2014  /  Business  /  No Comments

By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to reach EGP 5.8bn this year, compared to EGP 5.5bn in 2013, according to the company’s founder Mohamed Farid Khamis. He added that last read the rest…

Read More →
Latest

Regulations for real estate tax law amendments forwarded to State Council

  /  November 30, 2014  /  Business  /  2 Comments

Coordination with the ministries of petroleum, tourism, aviation, transport, and investment to standardise evaluation of real estate assets

Read More →
Latest

Egypt repays Qatari deposit worth $2.5bn: CBE governor

  /  November 29, 2014  /  Business  /  2 Comments

Governor also downplays negative effects on foreign currency reserves

Read More →
Latest

Government negotiates $200m from Khalifa Fund, to invest in Employment Holding Company: Planning minister

and   /  November 26, 2014  /  interviews  /  1 Comment

Minister of Planning Ashraf El-Araby expects approximately $2.5bn in FDI in Q2 FY 2014/2015

Read More →
Latest

Special authority to facilitate Suez Canal investment to be set up: Sarie-Eldin

  /  November 25, 2014  /  interviews  /  1 Comment

Investment law for canal region to be completed within a month, and committee including ministries of investment, justice, transport, and trade to be formed

Read More →
Latest

Agricultural land allocation law to be ratified within two weeks: Industry minister

  /  November 25, 2014  /  Business  /  No Comments

Allocation controls will involve respect for prices and payment terms, says Abdel Nour

Read More →
Latest

Investment minister will face ‘vicious war’ to implement one-stop shop system: El Zorba

  /  November 25, 2014  /  Business  /  No Comments

Unified investment law must revive economic confidence and capital flow, says chairman of the Federation of Egyptian Industries

Read More →
Latest

Extensive amendments to trade law necessary: Industry minister

  /  November 25, 2014  /  Business  /  No Comments

Ministry is focusing on market exits and bankruptcy, says Abdel Nour

Read More →
Latest

Comprehensive review of economic activity legislation to be presented to Legislative Reform Committee

  /  November 25, 2014  /  Business  /  1 Comment

Trade, mineral wealth, and investment guarantees, incentives, and sanctions laws are under review, says investment minister

Read More →
Latest

Major payment issues hinder real estate taxation: Finance minister

  /  November 22, 2014  /  Business  /  3 Comments

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

Read More →
Latest

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

Read More →
Latest

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

Read More →