Adviser to US vice president says having free and clear access to internet, without fear of cutoff, should take priorityRead More →
Tarek Shoukry believes the prices of the property units by around 25%.Read More →
Cemile Giousouf, the first Turkish Muslim member of Germany’s parliament, speaks to Daily News EgyptRead More →
The United Nations Environment Programme works with financial institutions to develop environment-focused economic activities, Careen Abb saysRead More →
Holding company for Egyptian airports cites 4.8 % decline in air traffic, but also points to a Bid to restore Cairo Airport status in Africa amid visits from international lendersRead More →
The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70bn cubic feet a day and is read the rest…Read More →
The organisation has completed a study assessing the potential wind energy development in the western area of the NileRead More →
DNE Chairman Mostafa Sakr discusses Egypt’s telecom industry with HansVestberg, President and Chief Executive Officer of the Ericsson GroupRead More →
The potential for a golden age of gas comes along with a big “if” regarding environmental and social impact. The International Energy Agency (IEA)—the “global energy authority”–believes that this age of gas can be golden, read the rest…Read More →
Daily News Egypt interviews Ahmed Ezz’s lawyerRead More →
Dutch journalist Rena Netjes speaks to Daily News Egypt about charges, consular assistance, and her departure from EgyptRead More →
DNE interviews IDRC President Dr Jean Lebel and Regional Director Bruce Currie-AlderRead More →
DNE interviews Middle East and North Africa Program Coordinator at Committee to Protect JournalistsRead More →
DNE interviews Students Against the Coup spokesmanRead More →
ESU President: The entire country would suffer both economically and politically if the school year stops
Egyptian universities have been under the spotlightdue to the escalating violence since the beginning of the school yearas a reaction to the military backed transition in power. Egypt’s Student Union (ESU)President Mohamed Badran has been read the rest…Read More →
We have been working with the three major mobile operators on projects ranging from network optimisation to device design and production: QualcommRead More →
Oil expert Mohammed Shoaib: Petroleum production and refinement operations unaffected by events after January 25 Revolution
Shaib revealed that the Egyptian General Petroleum Corporation had been negotiating a loan of US$2 billion before the revolution in order to meet its dues owed to partners, but negotiations ceased after the upheaval.Read More →
Restoring security and amending registration and pricing rules are vital to attracting investments, says El SharkawyRead More →
Company will offer “Oley” and 2014 models of “Vita 2” and “Dream” in Automac-Formula exhibition in MarchRead More →
Negotiations on investments are underway for insurance sector to fund national projects
The company is considering entering the lending market and financial intermediation
The restructuring of MIHC set up two companies: Misr Property Insurance and Misr Life
Novartis’s vice-president also called for the Ministry of Health to formulate a clear system to guarantee the delivery of modern and innovative drugs as quickly as possible and at the appropriate prices.Read More →
Independent unit to manage small- to medium-sized projects will be launched before the end of this year
New mortgage and savings certificate products were released during the last quarter
Nada Shousha, IFC director for Egypt, Libya, and Yemen: IFC’s investments in Egypt reach US$1 billion
The International Finance Corporation is willing to finance public-private-partnerships centred on infrastructure, says regional directorRead More →
Import duty solution does not take into account the fact that consumers bear the costs of company and state failuresRead More →
Presidential envoy discusses Egypt’s historic right to Nile water and its role in the regionRead More →
We are suffering from a post-January 25 mess and the politicization of criminal law in investment disputes, according to economic and legal expert Hani Sarie-EldinRead More →
I have a video of the full ceremony, which I will publish at the right time to exonerate myself: Mohamed YoussefRead More →
Euromoney: Gross revenues increased by more than 40% over past year, $700m in revenues expected this year: Samsung Egypt General Manager
Market share for smartphone is around 70%.
Over 800 Egyptian employees work in the Beni Suef Samsung facility.
Samsung aspires to expand its export capabilities from Egypt to reach the GCC areas then Europe.
Starting next year, Samsung will make more investments to increase the manufacturing lines such as the panel assembly line
You can’t blame the political turmoil entirely as a reason. What we are experiencing here is a weakness that was in the Egyptian economy before 2011.
Mining, machine manufacturing and training are among the top sectors German investors would be interested in.