Blackberry goes all-out with BB10
With a completely new platform, the firm is determined to regain its leading position in the smartphone market
Read More →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
Read More →TNS: fuel prices and USD exchange rate will impact car purchases
The survey indicated that among high-income Egyptians who would potentially buy a car, 65% believe that the increase in fuel prices would factor into their choice of a car that is more fuel-efficient, while 18% felt that the rise in petrol prices would not affect their choice.
Read More →Bill Gates among US investors to acquire $1bn stake in OCI
OCI NV launches exchange offer to absorb outstanding stocks and GDRs of parent company OCI SAE
Read More →Ghorab: Egypt has yet to tap into its wealth of natural resources
Former Minister of Petroleum, Abdallah Ghorab, talks to Daily News Egypt about the country’s energy problems and the crippling bureaucracy hampering development
Read More →Petroleum giants level criticism at current contractual agreements model
While its true that the Egyptian petroleum industry has endured the past two years of consistent political turmoil better than most industries in Egypt, and has been somewhat successful in sidestepping many of the economic impediments brought about by the lack of stability and security, it is by no means impervious to the structural disarray and the flimsiness of the current government.
Read More →Van Rompuy: IMF deal will restore international trust in Egypt
President of the federation of Egyptian Chambers of Commerce, Ahmed Al-Wakil, stated that the EU is Egypt’s number one trade partner and called for the reinforcement of Egyptian European bilateral relations.
Read More →Egypt hosts AmCham’s MENA Regional Annual Conference
American Chambers of Commerce across MENA discuss regional development opportunities with investors and international organisations
Read More →Thuraya: 2013 holds a range of surprises for users of mobile satellite services
Muiz Saad, vice president of distribution of Thuraya for Mobile Satellite Services, talks to Daily News Egypt about the company’s scope of operations and its expansion plan for 2013
Read More →Security in times of austerity
If you’ve lived in Egypt long enough, you probably know that the police force is colloquially dubbed “the government.” It is the first arm of the government encountered by citizens in their daily lives. For read the rest…
Read More →Government mulls over raising water prices
Gradual increase in water prices, taking place over a five-year period starting with January 2013, would seek to control and regulate consumption
Read More →Petroleum minister talks Arab cooperation during OAPEC
A Jordanian delegation from the Egyptian-Jordanian Joint Committee came to discuss plans between the two countries to allow companies from the former to drill for oil in the latter
Read More →Egypt’s credit rating on the slide
S&P cuts Egypt’s credit rating to B-; fourth downgrade in 14 consecutive months
Read More →Al-Saeed: Tax reforms are part of a programme to overcome the current crisis
Changes in the tax code had been approved after the ministry had consulted with various business organizations, according to the minister of finance
Read More →Democracy and the Egyptian experiment
Us Egyptians are proud and our honour reigns supreme. It doesn’t matter if you’re a wealthy businessman or a destitute employee, an illiterate farmer or an erudite scholar, a petty thief or an upright gentleman, read the rest…
Read More →Centamin fuel supply to resume
Operations remain suspended due to a shortfall in working capital
Read More →QNB in final stages of NSGB acquisition
Qatar National Bank (QNB) Group announced that it is in “definitive agreement” with the French bank Societe Generale concerning the acquisition of its entire stake in National Societe Generale Bank Egypt (NSGB). Societe Generale owns read the rest…
Read More →Developers demand balanced land contracts
Real estate investors are drawing up plans to create more balanced land contracts
Read More →Public trust in public servants
Looking at how the presidency chose to deal with last week’s turmoil, it has become increasingly difficult to find a silver lining. The dreadful sight of Egyptians killing one another over political beliefs with such read the rest…
Read More →Price of engine oil doubles
Calls for the Ministry of Petroleum to set price ceilings on oil companies
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