Russia starts drone surveillance missions in Syria
Russia has begun drone surveillance missions in Syria, US defence officials said Monday. The move marks Moscow's first military air operations there since undertaking a rapid buildup at a Syrian…
Next parliament will be worst in Egypt’s history: ESDP Secretary General
There is no future for an open public sphere, but we have to try, says Ahmed Fawzy
Afreximbank to increase assets to $7bn by end of 2016
By Shaimaa Elise and Raghda Helal Daily News Egypt interviewed Okey Oramah, the new president of the Africa Import Export Bank (Afreximbank) to discuss the bank’s strategy in next period.…
International Motor Show participants impress attendees with new technologically advanced models
Daily News Egypt interviews representatives of prominent brands
Hyundai to introduce Sonata Hybrid in Middle East region
By Mohamed Aboul Fotouh Daily News Egypt met with Jin Kim, Hyundai Motor Company’s Vice President and Head of Operations in Africa and the Middle East, to discuss the Egyptian…
Foreign companies face difficulties in transferring profits overseas
Crisis has led to postponement of new investments into market amidst fears money cannot be transferred to mother companies
Cotton Spinning and Weaving Co to pump EGP 150m into 8 subsidiaries
Plan to increase revenues by 32% for FY 2015/2016 and increase sales to EGP 4.5bn, says company chairman
Abu Soma expected to inject EGP 2bn-3bn in Egypt, next 5 years: CEO
The company behind its namesake peninsula is planning to open three new hotels in the next three years
UN: Not enough money for refugees in Iraq
More than three million Iraqis are on the run in their own country. The United Nations are sounding the alarm bells. The refugee situation is getting increasingly desperate due to…
Germany in damage containment mode over VW
German cabinet ministers have said they'd do everything in their power to help shed light on carmaker VW's scandal surrounding its efforts to thwart US pollution tests. They saw no…