Reem Hosam El-din

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Latest by Reem Hosam El-din


Electronic payment

Raya’s Aman for electronic payments launches in Egypt

Raya Holding for Technology and Communications announced the effective launch of Aman for electronic payments (e-payments) all over Egypt, according to a press release issued on Tuesday by Raya. “Aman” is a subsidiary of Raya Holding for Financial Investments. The new service will gradually spread at a fast pace within five years through the presence …

Reem Hosam El-din

EFG Hermes

EFG Hermes achieves EGP 41m net profits in Q3 of 2016

The Egyptian Financial Group (EFG) Hermes, a financial service corporation in the Middle East and North Africa (MENA), announced in a report on Tuesday a 28% annual growth of its continued operation revenues year-on-year (y-o-y), reaching EGP 294m, with net profits of EGP 41m in the third quarter of 2016. Revenues from continued and discontinued …

Reem Hosam El-din

3-4

Sustainable customer analytics essential for Egyptian retailers to maintain competitiveness: Booz Allen Hamilton

Customer analytics investment provides exciting opportunities for the growth and development of retail sector workers in Egypt to help them remain competitive in the region, according to a report by strategy and technology consulting firm Booz Allen Hamilton. The report, titled “Next Generation Retailers: Power Up Your Analytics”, sheds light on how data analytics can …

Reem Hosam El-din

EFG Hermes

EFG Hermes to expand in US with New York office

The Egyptian Financial Group (EFG) Hermes, a financial service corporation in the Middle East and North Africa (MENA) region, is currently obtaining approvals from regulatory authorities to open its new office in New York in the United States in order to offer services to its clients there, according to a report released by the group …

Reem Hosam El-din

Al Tamimi & Company law firm

New partner joins Al Tamimi & Company’s Cairo office

Al Tamimi & Company law firm recently welcomed its new partner Mohamed Gabr, former partner at Matouk Bassiouny law firm, to its office in Cairo in order to meet the growing demand on the firm’s services. Gabr has worked on high-profile transactions over the years, including the merger of Al Borg and Al Mokhtabar, the …

Reem Hosam El-din

A picture taken on September 25, 2015 shows cars parked at the logistics park of German auto giant Volkswagen in Villers-Cotterets. Volkswagen sank into its deepest crisis after it revealed that up to 11 million of its diesel cars had been fitted with devices designed to fool emissions tests, after US officials publicly accused the company of cheating and launched a probe into the claims. AFP PHOTO/FRANCOIS NASCIMBENI        (Photo credit should read FRANCOIS NASCIMBENI/AFP/Getty Images)

ECA detects monopolistic practices in Egyptian automotive sector

The Egyptian Competition Authority (ECA) has revealed the presence of monopolistic practices in the Egyptian automotive sector, leading to a significant increase in the prices of several models and categories of cars. ECA is currently conducting a study to examine the automotive sector in order to detect  restrictions and different forms of monopolisation practiced by …

Reem Hosam El-din

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