Sherine El Madany

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Latest by Sherine El Madany


Euromoney opens with spotlight on housing

CAIRO: Assessing development of the Egyptian housing and real-estate finance market, the Euromoney Egypt Housing Finance Conference took place yesterday, amid high participation from politicians, business leaders, bankers and investors. Held under the patronage of the Ministry of Investment and the Mortgage Finance Authority, the conference raised issues aiming at promoting and regulating mortgage finance …

Sherine El Madany

'Made in India' comes to Cairo in November

CAIRO: Seeking to enhance bilateral trade and investment between India and Egypt, the Embassy of India announced on Friday Egypt’s first “Made in India Show. Due to be held in Cairo in late November 2007, the show, organized in cooperation with the Confederation of Indian Industry (CII), will project achievements of the Indian industry over …

Sherine El Madany

Smart Cards: electronic commerce steams ahead

CAIRO: To “e or not to “be at all? That has become the ultimate question in Egypt now, as different institutions, corporations, and banks come under increasing pressure to convert to the more secure chip-based cards or else prepare to move into obsolescence in the quickly transforming e-society. Coming at a time when Egypt is …

Sherine El Madany

New mid-range plane service launched: EgyptAir Express

CAIRO: From upgrading its flight services to joining the renowned Star Alliance group to venturing into an IPO, the sky is indeed the limit for the national carrier EgyptAir. Amid celebrating its Diamond Jubilee (75th Anniversary) on Monday, EgyptAir requested that its passengers buckle up in preparation for the launch of its new mid-range planes …

Sherine El Madany

Central Bank issues LE 200 banknote

CAIRO: In a bid to relieve people involved in major purchases and business transactions from lugging huge cases sagging with cash, the Central Bank of Egypt put into circulation on Sunday LE 200 banknote, marking the beginning of minting of higher denomination notes. After a major drop in the value of the pound vis-à-vis the …

Sherine El Madany

Gafi's One-Stop Shop

CAIRO: As part of its mission to streamline business start-up procedures in Egypt, the General Authority for Investment and Free Zone (Gafi) inaugurated a One-Stop Shop in Alexandria on Thursday. This brought around 20 government entities together under one roof and will allow domestic and foreign investors alike to register a company with relative ease. …

Sherine El Madany

Need for available agricultural land increasingly critical

CAIRO: Given the fact that agriculture alone constitutes around 50 percent of the country’s economic resources and the fact that soil of land is as valuable as money stashed away in a bank, the government has recently directed its attention towards encroachment on lands, which cuts down areas of cultivated land. Prime Minister Ahmed Nazif …

Sherine El Madany

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