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Daily News Egypt: Telling Egypt’s stories to world
Daily News Egypt is the only independent English-language newspaper in both print and online formats in Egypt. How much traffic does Daily News Egypt attract? How is traffic increasing this year? During 2015, Daily News Egypt attracted 10 million users to the website, with more than 30 million pages viewed, 25% more than 2014. The …
Daily News Egypt… Nation’s voice to the world
With its annual edition, Daily News Egypt enters an important phase of its history, three and half years after its restructuring, leading it to stabilise after the difficult years that followed the 25 January Revolution in 2011. It has become a focal point of attention among the elites, thinkers, politicians, and economists of the country. …
Egyptian-Chinese MOUs signed for administrative capital projects
Projects include construction of new governmental buildings and 15,000 residential units
Egypt condemns European Parliament calls for Halawa’s release
Ibrahim Halawa is being tried in the case of the Al-Fatah Mosque clashes
Amer Group’s net profits in 9 months decline to EGP 111m
Splitting up the group, paying back securitisation deal main/temporary reasons behind decline in profits, says Investor Relations Manager
Interior ministry claims of Brotherhood ‘sewage cell’ come under fire
Activists claim 10 of the 17 Brotherhood members reportedly arrested in Alexandria had already disappeared long before the floods
Following release of savings certificates, EGX sheds EGP 8.5bn
UK and Russia’s suspension of flights takes toll on stock market
People will not choose public transport if it’s not attractive: UITP Secretary General
Developing mass transportation and eliminating informal sector are two main hurdles facing Cairo transport system, says Alain Flausch
Egyptian Iron Steel, Ezz steel suffer notable losses
A protection fee was imposed on rebar steel in April 2015
Daily News Egypt available on Kotobi application
Vodafone agreed with many various publishing houses to launch the app to make it available to 40m mobile subscribers in Egypt
New tenders to be offered by NUCA
Last week, the authority offered 5 bids in 3 new cities
Juhayna profits EGP 218.6m in consolidated results
Company took three medium-term loans amounting to EGP 480m
Manufacturers’ request focus on textile sector
Panel explain 24% of non-petroleum exports are textile products
Life expectancy improved in Egypt: LOGIC Management report
Egypt has 8.5 physicians,15 nurses and 16 beds per 10,000 people
Tax increase of flight tickets to bring in EGP 600m: Tax Authority head
Current taxes collected from flight tickets amount to EGP 270m
Real Estate sector achieved good growth: Metawee Group’s Chairman
The group’s investments exceeded EGP 1bn during the current year
Orascom Construction Industries registers EGP 789.6m profit in Q1 2015
Company turns to profit after registering an EGP 207.9m during the same quarter last year
Schneider Electric aims to double growth within next 5 years: Executive VP
Company is following government’s master plan, which is investing in renewable energy, says Frédéric Abbal
Schneider Electric to submit proposal for a South Sinai solar energy project: Company official
Company participated with more than 50% in the country’s emergency plan to increase its generation capacity
Kellogg’s acquires Egyptian Mass Food Group for $50m
Acquisition is second made by US giant in Egypt this year
Wind farm project remains under negotiations: Suez Cement MD
Company is still holding discussions with Egyptian authorities to ensure project is viable to be financed
IAEA interested in assisting Egypt in Dabaa Nuclear Power plant
Director General of IAEA expressed willingness to send delegation to Cairo to assist in putting up regulatory framework for project establishment
Various opportunities for exporting to Africa: Minister of Industry
Meetings to take place in November to follow up on applying the COMESA customs union
Abu Soma expected to inject EGP 2bn-3bn in Egypt, next 5 years: CEO
The company behind its namesake peninsula is planning to open three new hotels in the next three years
Dimian reassesses his new plan
The minister’s statements did not address any change in the tax plan
Qalaa Holding registers EGP 84.7m losses
Company reported EGP 2.08bn in revenues in Q2 of 2015
Dorra targets 10,000 residential units project
The company seeks to build 3,000 units per year
IMF visit to take place despite cabinet changes
The delegation will visit Egypt mid-September
Cairo suffers shortage of middle-income housing: JLL
Government and developers need to cooperate in fixing the shortfall, JLL suggested
Qalaa Holding to expand Nile transportation project to Adabiya, Damietta ports
Revenues from African Rift Valley Railways projects record $100m-$110m annually