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Opportunities, challenges for investment in Egypt’s renewable energy sector

  /  November 26, 2014  /  Business  /  No Comments

‘Invest in Egypt 2014’ conference kicks off in Abu Dhabi, amid speculation on the country’s potential for green energy

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Urban authority solves 12 investment disputes with foreign partners: Vice president

  /  November 26, 2014  /  Business  /  No Comments

New Urban Communities Authority targets EGP 26bn budget in Q3, says Magdy Farahat

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Calls for 28 November protest ‘humiliation of Quran’: Mufti

  /  November 26, 2014  /  Egypt, Politics  /  No Comments

Questioning basics of Islam fuel extremism, say Shawqy Allam

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Cabinet approves ‘terrorist entities’ draft law

  /  November 26, 2014  /  Egypt, Politics  /  No Comments

Draft law details offences that could result in a group being listed as a terrorist group

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Court claims no jurisdiction over religiously affiliated parties

  /  November 26, 2014  /  Egypt, Politics  /  1 Comment

Verdict in Alexandria issued after fourth trial session for case

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Tourism ministry aims to expand foreign investment: Ministerial advisor

  /  November 26, 2014  /  interviews  /  No Comments

Ministry of Tourism is working to attract investments worth $5bn before 2020, will offer mega investment opportunities during the economic summit in March 2015

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Clear economic vision is big challenge for Egypt in 2015: EFG-Hermes Head of Research

  /  November 26, 2014  /  interviews  /  No Comments

Egyptian market is, however, the most attractive in the Arab world due to potentially high returns on investments

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UN adopts resolutions presented by Egypt

  /  November 26, 2014  /  Egypt, Politics  /  No Comments

Egypt’s foreign ministry accuses countries voting against resolution of being in favour of “Israel’s illegal practices”

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Al-Sisi, Hollande hold counter terrorism talks

  /  November 26, 2014  /  Egypt, Politics  /  No Comments

Egyptian President affirms support for Libya’s “people and army”, Palestinians and Iraqis in France visit

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Egypt opens Rafah border crossing to admit Palestinians into Gaza

  /  November 26, 2014  /  Egypt, Politics  /  1 Comment

Egypt has closed the border crossing for a month, after deadly attacks in the Sinai Peninsula claimed the lives of 30 Egyptian security personnel

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Nile Project: Using culture to transform conflict

  /  November 26, 2014  /  Culture  /  No Comments

Through music production, educational workshops and activities promoting innovation, the project aims to contribute to finding solutions to the conflict over water resources

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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

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Upgrading Egypt’s economic outlook stimulus for investments, growth rate

  /  November 26, 2014  /  Business  /  1 Comment

Since the 25 January Revolution, Egypt’s economic outlook was downgraded several times by international credit rating agencies. The downgrades came about due to violence and political instability, which took a massive toll on investments and read the rest…

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Egypt one of the HSBC Group’s 19 global priority markets

  /  November 26, 2014  /  interviews  /  No Comments

By Walid Abdel Azim Mona El Sayed, Head of Commercial Banking at HSBC Bank Egypt, talks to the Daily News Egypt about the company’s plans and assessment of the Egyptian economy. What is the HSBC’s read the rest…

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

and   /  November 26, 2014  /  interviews  /  No Comments

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

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General picture of the Egyptian economy mixed during IMF visit

  /  November 25, 2014  /  Business  /  No Comments

Lagarde added that the conflicts in the Middle East and North Africa will have serious economic implications not just for the region, but the entire world.

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Growth rate rises with 6.8% in first quarter alongside IMF visit

  /  November 25, 2014  /  Business  /  1 Comment

El-Araby expects positive IMF report mid-January following recent package of economic reforms

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Government needs to reduce bureaucracy to lower costs, increase productivity: Investments head

  /  November 25, 2014  /  interviews  /  No Comments

El-Hatow: Real estate is king and energy requires a special kind of investor

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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

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Government hopes to pay full debts owed to foreign partners over coming 6 months

  /  November 25, 2014  /  Business  /  No Comments

Debts owed to foreign companies have plagued all governments since 2008

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Emirati, Saudi parties largest investers in Egypt: Investment minister

  /  November 25, 2014  /  interviews  /  No Comments

Government will resolve the majority of disputes with investors before economic summit in March, says Ashraf Salman

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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…

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Arabtec Holding participates in 1m housing unit project

  /  November 25, 2014  /  Business  /  2 Comments

According to Hisham Zaazou, the Minister of Tourism, the North Coast Development Project will serve both tourism and industrial purposes in the northwest coast, increasing population density in the Nile Delta through large-scale projects

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Northwest Coast Development Project

  /  November 25, 2014  /  Business  /  2 Comments

The Northwest Coast Development Project is among the vast developmental and multidimensional projects currently run by the government, according to a statement made by Minister of Tourism, Hisham Zaazou. Zaazou said that the project will read the rest…

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Suez Canal Development Project

  /  November 25, 2014  /  Business  /  No Comments

The project represents global competition for the region in the fields of advanced logistics and industrial services as well as commerce, tourism, information technology, agriculture, and real estate.

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First hearing challenging Protest law 14 December

  /  November 25, 2014  /  Politics  /  No Comments

The law has garnered much criticism since its 2013 issue

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Natural resources to be used in Upper Egypt development project

  /  November 25, 2014  /  Business  /  1 Comment

Upper Egypt’s natural resources will be tapped into to develop the region through the Golden Triangle Project, the second largest developmental project run by the Egyptian government. The project seeks to establish a new industrial read the rest…

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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

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Al-Mazroui Group aims supply of investments in health, housing, and Suez Canal

  /  November 25, 2014  /  Business  /  No Comments

Al-Mazroui stressed that the situation has now settled in Egypt, but that investment regulation laws are not yet in place

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Dana Gas signs agreement with petroleum ministry to increase gas production

  /  November 25, 2014  /  interviews  /  No Comments

$270m in investments over seven years to increase production, company will be repaid all dues by 2018

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