Nissan willing to support Egypt’s automotive policy, make Egypt an export base in region: Senior VP, Chairperson for AMI region
NMEG to increase production to 28,000 in 2019, aims to reach more than 20% market share
Mohamed Samir
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Latest by Mohamed Samir
Libya’s oil production rises to 6-year high putting pressure on OPEC deal
Brent crude oil prices stand at $66.37 per barrel in Monday trading driven by OPEC supply cuts
Egypt is place where we would like to invest for our future: Canon EMEA President, CEO
Canon Inc, the Japanese multinational, is considered to be one of the industry leaders in the manufacture of imaging and optical products, including cameras, photocopiers, printers, and recently, medical equipment. Daily News Egypt interviewed Yuichi Ishizuka, the president and CEO of Canon Europe, Middle East, and Africa (EMEA), during his visit to Egypt, to find …
Technology remains a means to an end, purchase is based on product, saving, convenience: Jumia Co-CEO
E-commerce to change real estate, most companies are turning away from above-the-line marketing, says Amin
Egypt’s microfinance market grows by over 100% y-o-y: EFG Finance Holding CEO
Cash comes at high cost of 1-1.5% of GDP, so going cashless drives real growth, says Mastercard MENA president
UFG denies reaching settlement agreement with Egypt
Company says guarantees offered are not sufficient
Moody’s maintains positive outlook for Egyptian banking, on back of buoyant economy
GDP growth to reach 5.5% in 2019, 5.8% in 2020, while high interest rates, inflation could hinder growth
As EGYPS kicks-off, how will oil prices fluctuations affect Egypt?
Brent crude settles at $62, uncertainty clouds markets, global investments in oil declined by $200bn, says Egypt’s Petroleum Minister
Resilience is core of entrepreneurship: Moustapha Sarhank
Entrepreneur’s journey from ‘tuna can year’ to sound leadership, ethics in business
EGP 21bn primary surplus, total deficit reduced to 3.6% of budget in H1 FY 2018/19: Moeit
Real estate tax revenues increase by 102%, education, health, public investments expenditure increased by 21%, 27%, 64% consecutively
Fifth of MPs submit constitutional amendments request: Badr
Various calls have been echoing to amend article 140 which limit presidential term to four years
Goldman Sachs forecasts stronger pound, Morgan Stanley foresees volatility
Although there is no immediate pressure on currency to weaken, yet uncertainty over exchange rate will likely lead to fewer foreign inflows
Al-Sisi, Patrushev vow to cooperate on counter-terrorism, maintain unity of Libya, Syria
Egypt’s President Abdel Fattah Al-Sisi and Secretary of the Security Council of the Russian Federation, Nikolai Patrushev, agreed on Tuesday on the importance of working closely to consolidate military and security efforts between the two countries, especially with regard to fighting terrorism and extremist ideology. The meeting, attended by the Egyptian Foreign Minister, Sameh Shokry, …
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Arab countries should hold special meeting to discuss Syrian crises, end their silence: Amr Moussa
Egypt, Libya’s neighbours play integral part in resolving crisis, while other countries play dirty role, preventing any resolution, says prominent diplomat
Ericsson encourages legislators, regulators to reduce investments obstacles, ensures 5G frequency allocated: CEO
Company’s investments in R&D positioned it to benefit from strong momentum in global 5G market, says Ekholm’s
5G here, to reach 17% of subscriptions by 2024: Fida Kibbi
In Egypt, 5G will become reality in 2020, says VP, Head of Marketing, Communication Ericsson MEA
As Davos WEF Annual Meeting 2019 concludes, here is some of the top highlights
Davos – As the World Economic Forum (WEF) Annual Meeting 2019 is coming to end on 25 January, following a four days of intensive dialogues, between over 3,000 leaders from business, government, civil society, academia, arts and culture, and media, as well as the foremost experts and young leaders from all over the world aiming to …
Chinese Vice President affirms in Davos China’s commitment to global growth, upholding international order
Davos– Wang Qishan, Vice-President of the People’s Republic of China, reaffirmed China’s commitment to building world peace, promoting global growth and upholding the international order, in a special address at the World Economic Forum Annual Meeting, on Wednesday. Wang explained that to understand China, one must turn to the lessons of history, adding that the advances …
Lazard to promote Egypt’s investment opportunities
Prime Minister, Minister of Investment sign agreement with global asset management company to attract large investments
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Japan defeats despair, through ‘womenomics’, innovative policies: Shinzo Abe
Davos- Japan defeated despair, went through a complete reinvigoration, and transformation, Japanese Prime Minister Shinzo Abe emphatically declared in a special address at the World Economic Forum Annual Meeting 2019 in Davos on Wednesday.
Globalisation helped many countries grow, but not inclusive: Alibaba’s Jack Ma
How can emerging markets realise growth, development potential of digital commerce?
Wellcome allocates extra £200m to mental health research
Research to focus on better understanding treatments for depression, anxiety
Will 2019 witness global slowdown? Or collapse?
One, two federal reserve rate hikes in 2019, expects UBS chairperson
Future of Peace, Reconciliation in Multi-polar world
Davos- In recent years, a certain question has been on the rise, “Is the world becoming less violent?” despite the fact that statistically the world has become less ‘deadly’, conflict and disorder are on the rise, with massive bloodshed in Afghanistan, Syria, and Yemen. What is common in today’s armed conflicts, is the fact that they …
Davos: the so-called 1 percent annual meeting
Davos- What is Davos? It is the annual Mecca for thousands of top businesses, political and non-profit leaders, who attend the annual World Economic Forum (WEF) conference that takes place in Switzerland. Under a valiant mission of “improving the state of the world”, the global elite hold a four-day meeting in the ski resort town of …
Egypt to showcase economic reform experience in WEF 2019: Moeit
Finance Ministry to offer international bonds in 1Q19, while Samurai, Panda bonds still under consideration
Changing narrative on Egyptian tourism in WEF 2019: Minister of Tourism
2018 was strongest year for Egyptian tourism
Climate, inclusiveness, international governance top WEF Annual Meeting 2019 agenda
Majority of people in most regions believe cooperation between nations extremely rare or very important in latest global poll: WEF
We invest in innovative start-ups carrying strategic value to our company: Head of Ericsson Ventures
Venture capital investment as the main method of funding start-ups has been on the rise, with venture capital activity in the United States reaching its highest levels in 2018. According to PwC and CB Insights, US venture capital funding registered at around $99.5bn in 2018, marking its second highest recorded total since the peak of …
Egypt’s inflation worries start to decline: Renaissance Capital
EGP fair value to estimate at EGP 18 per dollar in February 2020, EGP 20 in July 2021