
Economic situation is critical, all Egyptians must work together to overcome this ordeal: Al-Sisi
Delaying economic reforms since 1977 was a huge mistake, says the president
636 Articles
Mohamed Samir is an economic and political journalist, and analyst specialising in geopolitical conflicts in the Middle East, Africa and the Eastern Mediterranean. Over the past decade, he covered Egypt’s and the MENA region’s financial, business, and geopolitical updates. He is currently the Executive Editor of the Daily News Egypt.
Delaying economic reforms since 1977 was a huge mistake, says the president
Substantial growth in air conditioning market due to urban development projects, says BPE CEO Hazem Barakat
Standardised tax procedures act to protect employees, financiers almost completed
No expected recovery for Hurghada and Sharm El Sheikh in the short term
37,000 feddans were recovered by the State Land Recovery Committee
IMF will request the implementation of CGT and reduction of domestic debt
The time is right to abolish foreign currency exchange control, says Beltone
Orange Egypt’s consolidated financial results showed a decrease of 63.3% in net losses for 2016, according to the company’s stock exchange statement. The company’s net losses in the first six months of 2016 went down to EGP 33.4m, compared to losses amounting to EGP 91.1m in the same period of 2015. On the …
The decision was made to regulate imports and protect the Egyptian economy, says trade minister
More obstacles will face Ezz Steel during the remaining months of FY 2016, says Prime Holdings
Land speculations is one of the major challenges facing Egypt’s real estate market
Egypt can be the Philippines’ gateway to Africa
Higher Investment Council headed by Al-Sisi to review all investment laws and procedures
Shippers will be required to verify the gross mass of their containers
AfDB agrees to provide grant to finance actuarial studies for new healthcare system
A recent visit by Egypt’s Foreign Minister could signal potential cooperation between Israel and Egypt in the eastern Mediterranean gas fields. However, given domestic market needs mixed with a complicated history in Egypt-Israel business relations in the energy sector, the future remains unclear
Egypt improved in four out of the six sub-indices of the Logistics Performance Index, compared to 2014
Egypt’s informal economy has grown as a result of dysfunctions in the formal economy, which lacks dynamism, flexibility, and resilience
Despite the increase in revenues, Qalaa Holdings also recorded a net loss worth EGP 242.7m, greater than the EGP 119.1m loss reported last year.
$50bn worth of tax conflicts will be resolved through the new tax reconciliation law
UAE, Saudi Arabia, Egypt receive 63% of inward FDI to Arab countries: DHAMAN
Egypt grain imports from US decline by 56.7%
Egypt has huge solar energy potential, which can provide energy to remote and off-grid areas
Early production will bring up to 300m cubic feet per day starting 2018
The government’s current debt is projected to reach 11.5% (EGP 309bn) in fiscal year (FY) 2016/17
The amount will be paid in instalments over the course of 11 years
The project aims to restore the value of important major historical and heritage sites
$35bn accumulated in direct and indirect losses from war in Syria and advance of IS in MENA region
Eastown to generate up to 80% of the recurring income by 2020
EBRD currently has €1.7bn in investments contributing to 34 different projects in Egypt, says Chakrabarti