Home
Loading...
You are here:  Home  >  Articles by Sara Aggour
Latest

2014 best economic year since January 2011: Cairo Centre for Economic and Strategic Studies

  /  December 24, 2014  /  Business  /  No Comments

Following Morsi’s ouster on 30 June, government adopted austerity-style policies, Centre Head says

Read More →
Latest

3 cooperation agreements signed in China

  /  December 24, 2014  /  Business  /  2 Comments

Egyptian president met with leading Chinese tourism companies in Beijing

Read More →
Latest

Al-Sisi invites Chinese inventors to March Economic Summit

  /  December 23, 2014  /  Business  /  1 Comment

Al-Sisi said the Egyptian economy was in a “very difficult position” 16 month ago, with inflation reaching its highest rates, international agencies lowering the country’s credit ratings, and the fleeing of foreign investments.

Read More →
Latest

Gold prices remain low: FEDCOC Gold Division Head

  /  December 22, 2014  /  Business  /  2 Comments

Official says gold prices were not notably affected by oil pricing crisis

Read More →
Latest

ICT market generally growing in Egypt: Intel’s META business director

  /  December 20, 2014  /  interviews  /  1 Comment

By Mohamed Alaa and Sara Aggour With the government constantly announcing new plans to develop its information and communications technology sector, Daily News Egypt sat down with Intel’s regional business director for the Middle East, read the rest…

Read More →
Latest

Stock losses continue, market declines by EGP 15.3bn

  /  December 17, 2014  /  Business  /  No Comments

Total market losses so far at EGP 48bn, while gains amount to EGP 5.9bn

Read More →
Latest

Stock market sheds EGP 12.4bn, all market indexes decline

  /  December 16, 2014  /  Business  /  1 Comment

A further drop in oil prices results in additional losses for the Egyptian capital market

Read More →
Latest

Population council, USAID help over 1,400 women start their businesses

  /  December 16, 2014  /  Business  /  No Comments

Over 660 women have found employment opportunities

Read More →
Latest

Petroleum prices drive stock market down: Experts

  /  December 15, 2014  /  Business  /  1 Comment

Market gains EGP 5.9bn Monday after witnessing a huge loss the previous day

Read More →
Latest

28% increase in subsidised health services in November: IDSC

  /  December 15, 2014  /  Business  /  1 Comment

Over 171,000 cases were treated in Egypt, while 8 cases received treatment abroad

Read More →
Latest

Vehicle manufactures and CPA seek common ground

  /  December 14, 2014  /  Business  /  1 Comment

Both sides sat at Egypt Automotive Conference to discuss how to better the relationship between automotive manufactures, the CPA and complaining consumers

Read More →
Latest

Total Egypt initiate feasibility studies for new investment

  /  December 14, 2014  /  Business  /  No Comments

Construction of new facility is expected to start within two years

Read More →
Latest

CBE expected to allow further devaluation of Egyptian pound: HSBC

  /  December 13, 2014  /  Business  /  No Comments

Investors remain concerned over companies’ vulnerability to governmental decisions

Read More →
Latest

International bonds issued in all markets, country minus guarantor: Dimian

and   /  November 26, 2014  /  interviews  /  No Comments

Government received offers from abroad to finance Suez Canal project but opted to finance it domestically, say finance minster

Read More →
Latest

Infrastructure key component in Egypt’s economic drive: Nassef Sawiris

  /  November 25, 2014  /  interviews  /  No Comments

Nassef Sawiris, business tycoon and CEO of  OCI N.V elaborates in an interview with Daily News Egypt on the company’s investment plans in Egypt, and how the company can contribute to overcome the challenges in read the rest…

Read More →
Latest

Tracking financial assistance to Egypt

  /  November 25, 2014  /  Business  /  1 Comment

Daily News Egypt provides an overview on financial assistance Egypt has received following former president Mohamed Morsi’s ouster

Read More →
Latest

Al-Sisi forms committee to address issues faced by tourism companies

  /  November 17, 2014  /  Business  /  No Comments

Decision follows meeting with international tourism delegates

Read More →
Latest

NUCA issues 7 tenders for developmental projects

  /  November 17, 2014  /  Business  /  No Comments

Development projects will take place in Sadat, New Qena, and New Tayba

Read More →
Latest

35 US companies met with Dar Al-Handasah to discuss Suez Canal Project

  /  November 16, 2014  /  Business  /  No Comments

Meeting included American firms from health, telecommunications, tourism sectors

Read More →
Latest

No new tourism licences to companies: Tourism minister

  /  November 16, 2014  /  Business  /  No Comments

300% increase in the number of Gulf tourists during the third quarter of 2014

Read More →
Latest

Egypt-Saudi Arabia electricity project tendered before month’s end: Saudi official

  /  November 16, 2014  /  Business  /  1 Comment

Technical specifications for projects required extra time, undersecretary of the Saudi Ministry of Electricity said

Read More →
Latest

EGP 100,000 microfinance limit subject to 5% increase: EFSA chairman

  /  November 15, 2014  /  Business  /  1 Comment

Microfinance law is most important economic legislation issued since January 2011, claims Sherif Samy

Read More →
Latest

Project to convert cooking oil into diesel to be announced this month: Hanafy

  /  November 11, 2014  /  Business  /  No Comments

The minister highlighted that the money owed to foreign partners has reached $4.9bn.

Read More →
Latest

Egypt targets $15bn FDI in FY 2017/2018: Investment minister

  /  November 10, 2014  /  Business  /  No Comments

The minister of investment discussed the Investment Law saying that its core change is what is called the “one-stop shop”.

Read More →
Latest

US business delegation meets President Al-Sisi

  /  November 10, 2014  /  Business  /  No Comments

An American delegation will visit Egypt again in March 2015 to attend the economic summit

Read More →
Latest

Pepsico invests $270m in Egypt during 2014: Company MEA president

  /  November 10, 2014  /  Business  /  1 Comment

Soft drinks and snacks company remains committed to the Egyptian market, president adds

Read More →
Latest

Orascom Construction to launch IPO in February: Nassef Sawiris

  /  November 9, 2014  /  Business  /  No Comments

Company won international arbitration case against petroleum ministry but decided not to act upon it, the businessman says

Read More →
Latest

OCI NV pursues dual listing in Egypt, UAE

  /  November 6, 2014  /  Business, Stock Market  /  No Comments

Company is targeting to list on the two exchanges during the first quarter of 2015

Read More →
Latest

E-finance launches new “Banzenty” app

  /  November 4, 2014  /  Technology  /  No Comments

New app provides details on the nearest petrol station

Read More →
Latest

EBRD provides $30m to NBE for small business development

  /  November 4, 2014  /  Business  /  No Comments

Loan follows $50m provided in December 2013

Read More →