Egyptian Competition Authority requests EFIC, AZFC be referred to general prosecution
The 2 companies reached an agreement to stabilise the price difference between their products
Mohamed Samir
555 Articles
Mohamed Samir is an economic and political journalist, and analyst specialising in the Middle East. Over the past decade, he covered Egypt’s and the MENA region’s financial, business, and geopolitical updates. He is currently the Deputy Executive Editor of the Daily News Egypt.
Latest by Mohamed Samir
Egypt’s exchange rate crisis must be addressed: IMF managing director
Social protection is a cornerstone of the IMF programme, any cuts in food subsidies are not advised
Chamber of Food Industries protests police raids on food factories, confiscation of sugar
The chamber rejects the prime minister’s decision to set profit margins, says the chairperson of the Chamber of Food Industries
Arqaam Capital forecasts 16% increase for Elsewedy Electric’s gross profits by 2019
Elsewedy Electric’s net profits increased by 99.2% in the second quarter of the fiscal year 2016 compared to the same period in the previous year
Flights to Egypt to resume before year’s end: Russian transport minister
Tourist flow from Russia to Egypt dropped by 75% following the cessation of flights
Giza Chamber of Commerce rejects cabinet decision to form profit margin committee
For Egypt’s economy, which is a free market economy, forcing compulsory quotations and pricing for goods is a step backwards, says first secretary
Federation of Egyptian Industries to convene Sunday to discuss the profit margin committee
We are waiting for the government to share insights, says FEI president
Juhayna reports 34% decline in Q3 net profits, despite increased sales
Higher costs due to the dollar shortage is the reason behind the drop in profits, says Juhayna’s CEO
New committee to set profit margins for essential goods: Cabinet
FECOC to hold a meeting to discuss the mechanism of collaboration with the committee, says Yehia Kassab
CBE allocates $1.8bn to cover imports of strategic goods: Supply Minister
Establishment of a committee to set new eligibility standards for food subsidy card
Successful VAT implementation would be triumph for government, tax authority
New committee to be established for selecting leadership positions, says deputy finance minister
Government focused on reprioritising public spending to ensure efficiency: El-Garhy
Investors, representatives of the international business community showed interest in Egypt’s international bond issuance
Egypt’s growth opportunities in the wake of global financial instability
Increased financial links between emerging markets and advanced economies have resulted in increased risk of spill over effects
Egypt’s PMI declines in August
FocusEconomics forecasts 5.2% increase in total investments in FY 2016/2017
Chinese firms support Egyptian government’s plans: EGA president
Beijing Enterprises Group looks to invest in the New Administrative Capital and Suez Canal Economic Zone
UK investments in SCZone and the labour qualification challenges
The UK is an ideal partner for the Suez Canal Economic Zone, says UK trade envoy to Egypt
29th Sahara Expo: the future of sustainable agriculture in Egypt
Boosting Egypt’s agricultural production is essential so as to keep up with the high rate of population growth and higher demand
Egypt’s mobile operators decline 4G licence
Egypt’s government will launch an international tender in case locally operating companies decline
The story of Yaoota and challenges facing start-ups in the Egyptian market
Egypt is a country with great opportunities but what start-ups really need is more local investors willing to take risks, says Yaoota CEO
The government’s new SMEs entity and the future of SMEs in Egypt
Having all the mechanisms for handling SMEs under one roof will facilitate the process of establishing and funding SMEs, says Marzban
Positive future for payment solutions in Egypt: MasterCard MENA division president
Egypt ranks high on mobile payments index
IMF agreement to pave way for economic reform: CI Capital deputy CEO
Another devaluation of the Egyptian pound will be necessary to reflect its true value post-IMF deal
The currency’s devaluation is imminent: CEO of NI Capital
Most of economic experts agreed that the exchange rate will be EGP 11.5-12 to the US dollar
Egypt’s wheat export crisis deepens after cancellation of 2nd wheat tender
Russia bans Egypt’s fruit and vegetables exports, in response to Egypt rejecting wheat shipment
Ministry is keen to support development of General Petroleum company: Tarek El Molla
The General Petroleum company drilled 23 new wells, adding new reserves estimated at 10.9m barrels
MENA regional outlook remains stable: Focus Economics
Fastest growth expected for Egypt, Israel with projected GDP expansion of 3.1%, 2.6% respectively
New export support programme aims to double Egyptian exports: Kabil
59% of companies benefiting from the programme are small companies with less than $1m in exports
Egyptian Media Group signs deal with FEP for listing on Egyptian stock market
The goal is to increase the company’s capital to EGP 1bn by the end of the year to finance new acquisitions and restructure its subsidiaries
Egypt drops 14 places to rank 55 in Country RepTrak index
Effective governance is considered the cornerstone of attracting foreign direct investment
Egypt, Cyprus sign deal to transfer Cypriot natural gas to Egypt via pipeline
The agreement will positively affect the development of the Cypriot Aphrodite field while fulfilling Egypt’s gas needs, says El-Molla