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Abdel Wahab reappointed as GAFI deputy CEO

Mohamed Abdel Wahab was reappointed as deputy Chief Executive Officer (CEO) of the General Authority for Free Zones and Investment (GAFI). Shehab El Din was appointed as GAFI deputy CEO since August 2017 and was legal adviser to the minister of investment and international cooperation since 2015. He participated in amending some laws and regulations, …

Daily News Egypt

For banks, 2018 is year of data

We are often told that regulation and technology are the key drivers of change in banking. This maxim remains true, but can distract from a more critical insight. In 2018, regulatory reform and technology innovation will continue to reshape banking. But the changes they enable are being propelled by forces so profound and far-reaching as …

Christopher Truce

Artificial intelligence, business intelligence both indispensable tools for digital future

In the wake of the fourth industrial revolution that has swept the globe, and most certainly in the Middle East, significant technology advancement has completely upended how businesses operate. Accelerating innovation and growing automation technologies have become widespread, and our region is making a concerted effort to embrace, adopt these technologies, and consolidate its position …

Alaa Youssef

Ministers of communications, military production discuss cooperation on implementing future plans to develop communications, IT sectors

Minister of Military Production Mohamed Al-Assar met with Minister of Communications and Information Technology Amr Talaat to discuss joint cooperation and lay out proposals to implement future plans. Al-Assar reviewed several projects implemented in cooperation with the Ministry of Communications, including deepening local manufacturing in the electronics industry, establishing solar energy plants in the technological …

Daily News Egypt

Business practice environment

A few days ago, the World Bank Group released its Doing Business 2018 report. The report sheds light on the country’s performance and business climate through a number of indicators during the period from July 2016 to the end of June 2017. The Doing Business Index has been issued 15 times to date. It aims …

Dr. Medhat Nafie

CHP targets business size of EGP 1bn this year

Canal Harbour & Great Projects Co. (CHP), a subsidiary of the Suez Canal Authority, is considering participating in the project to establish foundations for the railway bridge in Qantara. The studies of the project are set to be completed within two months. The period for implementing the project is estimated at one year. The chairperson …

Sara Ibrahim