Customs on EU cars to be diminished in 2019 as planned: Nassar
Essential to start taking measures to protect national industry in country, says Shafei
Mohamed Samir
594 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
No new appointments in government apparatus: Al-Saeed
Perhaps proposal is sort of employee dismissal strategy, says Kamel
Samrqan Noodles, Chinese food with Middle Eastern twist
The first thing that you notice about the place is the minimalist design, unlike most of the authentic Chinese, and Asian restaurant that you usually see in Cairo, but what really makes Samrqan Noodles standout is the fact that it offers something that most Cairo’s Chinese places lack; variety
EGX closes in red, loses EGP 29.3bn in market cap
Economy is able to deal with consequences of EM crisis negative effect, says Moeit
Sharm El-Sheikh, Hurghada hotels named touristic hotspots; 18%, 13% forecasted growth respectively: Colliers
While in the Egyptian capital case, Cairo maintained a 9% forecasted RevPAR growth in the same period, the report states.
$11bn Chinese investments into SCZone: head of Maritime Transport Sector
Bilateral trade between China, Egypt stands at $2bn in 2018, says transport minister
Public enterprise sector minister reveals reform strategy focusing on largest loss-making companies
Agreement with Agriculture Ministry entails planting short-staple cotton to fulfil domestic market needs
No state-owned company to be sold whole: Hesham Tawfik
Emerging markets crises will not affect planned IPOs, state to keep 40% ownership
Egypt signs $1bn exploration deal, to drill 12 wells
Country’s oil, gas sector will continue in full swing, develop its resources, increasing production to meet domestic market needs, reduce imports
Al-Sisi approves changes to customs law
Some tariffs increased by 5 to 40%, import duties increased to 60%, 20% hotel imports tariffs
E coli bacteria leads to death of British tourists: Egypt’s prosecutor general
John died of ‘heart failure,’ Susan from ‘gastroenteritis,’ states Egyptian Forensic Medical Authority’s initial report
France targets injecting further investments into Egypt: French ambassador
Schneider Electric, Edison, L’Oreal investments in Egypt exceed $3bn
US companies investments reached $1bn in FY 2017/18
Uber to invest $100m within five years, Mars Wrigley expanded their investments by EGP 750m
Egypt our choice, its economy among top in Africa, with large population: Soda Mobile brand director
Company has two smartphones models, plans to launch two more, targets 5% market share by end-2019
Huge growth potential awaits Egypt, MENA by adopting blockchain, easing burden of deep-rooted legacy systems: executive director MENA, Consensys
Blockchain enables safe, secure, non-repudiable exchange of value, allowing all aspects of life to be easily interchanged
Currency crises in Argentina, Turkey will not affect Egyptian interest rate: Beltone Financial CEO
Bank’s current Aum Stand at EGP 33BN, Up from EGP 18BN last Year, Marking 83% increase
Keeping reform momentum, revolutionising Egypt’s business climate way forward: co-founder and managing director of Qalaa Holdings
ERC to be commercially operational in 2019, plans for next phase of growth across the group
Al-Sisi, Di Maio agree on enhancing bilateral cooperation, fighting illegal immigration, concluding Reggini’s investigation
Italy keen to cooperate with Egypt in field of renewable energy, says Italian deputy prime minister
Microfinance activities in Egypt grow by 76% to reach EGP 9.75bn in Q2 2018: Omran
Egypt’s microfinance activities continued to grow to reach EGP 9.75bn by the end of the second quarter (Q2) of 2018, marking a 76% increase compared to EGP 5.5bn in the same period last year, Egyptian Financial Regulatory Authority (FRA) Chairperson Mohammed Omran announced on Tuesday. Omran added that the growth was accompanied by an increase …
Egyptian police kill five suspected militants in Sohag
In November 2017, President Al-Sisi vowed to restore stability by eradicating terrorism
Egypt extends fish exports tariff for one year
In April 2017, the ministry had imposed EGP 12,000 per tonne tariff following a hike in fish exports
Apache to invest $1bn annually in Egypt: Tarek El-Molla
Apache investments in Egypt exceed $12bn in 23 concession areas, including 20 production regions
Al-Sisi ratifies cybercrime law regulating web content, ISP surveillance
Law includes 29 penalties from three months to five years prison sentences, fines up to EGP 20m
Robust GDP growth in Egypt with 5.4% estimated in FY 2017/18, debt remain a problem: AfDB
Total infrastructure investment forecast for Egypt to 2040 is $444bn
African Leaders Hold Summit for a Conflict-free Africa
In celebration 100th anniversary of the births of former South African President Nelson Mandela and the human rights activist Albertina Sisulu, on 10 August the 2018 African Leaders of Peace Summit was held at Hilton Hotel in Gauteng, Johannesburg, South Africa to discuss ways to achieve an Africa free of conflict. The summit was co-hosted …
Privatisation always been on state’s agenda, good step, with maintaining free-market balance: Al-Sisi
Subsidies will not be cancelled, to maintain social balance during difficult economic conditions
Sharm El-Sheikh, Hurghada occupancy grows over 30% in Q2 2018: Colliers
Supply rise by 9% in KSA, 3% in UAE, 2.1% in Egypt in same period
64% increase in Orascom Development Egypt earnings, Talaat Moustafa Group sales expands by 1030% in Q2 2018
Celia main driver behind TMGH sales boom, Gouna occupancy, Makadi project boosted ODE’s performance, says Beltone
Lavrov hints Idlib offensive with Russia’s blessing
Ceasefires will not include terror groups such as Nusra Front, says, Russian foreign minister
Egypt has six months worth of sugar reserves: minister of supply
Egypt has sufficient strategic sugar reserves equivalent to six months of consumption, Minister of Supply Aly Moselhy said on Monday. However, the minister did not specify the exact amount of these reserves. Last week, Egypt cancelled a tariff imposed last year on sugar exports, the Ministry of Trade and Industry said in a statement received …