The General Petroleum Company has started to implement measures to address the projects in the eastern desert fields in which gas flaring is prevalent, in collaboration with the Kuwait Gulf Oil Company (KSC), with investments worth $127m.
The (...)
The Italian Eni seeks to link the production of 20 wells in Zohr field to the national gas network over the course of two phases.
The first phase is planned to be completed in mid-2018, and will include four wells. The second phase will take place (...)
PFU Limited, a Fujitsu subsidiary and the maker of Fujitsu document scanners, generates over $1bn turnover annually and has come to be known for high performance and quality.
Daily News Egypt interviewed Sabine Holocher, the Europe, Middle East and (...)
In an interview with Daily New Egypt, Director of Sovereign and International Public Finance Ratings at Standard and Poor's Rating Services, Ravi Bhatia, discussed the Egyptian economy's current status. He shed light on the institution's views on (...)
Automotive companies increased the prices of 50 cars at the start of this month, in addition to an increase in 58 car prices in April, in light of the dollar exchange rate increase crisis. Automotive prices have also been affected by the Central (...)
HSBC Bank Egypt SAE's Deputy Chairman and Chief Executive Officer, Jacques Emmanuel Blanchet, talks to Daily News Egypt to outline the priorities and goals that the bank holds in Egypt.
What is HSBC's strategic plan for Egypt in the upcoming (...)
Banque du Caire is targeting an increase of partial loans by EGP 2bn by the end of this year, to come in at a value of EGP 22bn.
Ahmed Hussein, Director of Retail Banking Sector Management in the Car Loans Administration at in Banque du Caire, said (...)
Ahmed Kouchouk , Senior Economist, World Bank in Cairo, highlight in an interview with Daily News Egypt, the opportunities of investment in Egypt.
1- How could you see the investment climate in Egypt nowadays? Could it be a good market to attract (...)
EFG Hermes recently stated in a memorandum that sudden decreases in inflation witnessed throughout Egypt, dropping from 8.3% in February to 7.6% in March, should be considered an exception. The group described the decrease as unsustainable.
This (...)