World Vest Base (WVB) is a global finance intelligence institution that operates in several countries, including Egypt, to create comprehensive financial databases on businesses (specifically non-US companies), and distribute them to clients who (...)
Government spending on education has increased by 57.1% and health by 87.3% over the past five years along with a reduction in energy subsidisation. According to Minister of Finance Amr El-Garhy, this reflects Egypt's ability to reprioritise public (...)
In light of CCPlus' upcoming event "Narrative," Daily News Egypt sat down with the company's managing director, Lamia Kamel, to delve into the reasons behind organising the event, which issues will be addressed, who will attend, and the role of SMEs (...)
In light of the upcoming winter meetings between the IMF and the World Bank, Daily News Egypt has obtained a research report published by the Egyptian Centre for Economic and Social Rights (ECESR) that questions the International Monetary Fund (IMF) (...)
According to a study by international health provider Bupa, 54% of respondents don't dedicate enough time to manage their health and wellbeing, although 55% of them said that it is very important to them.
Bupa announced the research results in the (...)
Darwish Hassanein, CEO of Saudi Egyptian Construction Company for Real Estate (SECON), said that the Egyptian real estate sector has been capable of achieving high growth rates during the past period, despite many challenges and consecutive changes (...)
After refusing to import ergot-infected wheat last month, the cabinet sent out a press release stating that it has not and will never accept wheat that is ergot-infected above the international standards set by CODEX Alimentarius, the Food and (...)
With this year's Euromoney conference running for two consecutive days, 19-20 September, Daily News Egypt interviewed Omar Soudodi, the managing director of PayFort and the former general manager of Souq.com. Soudodi is a speaker at this year's (...)
At the macroeconomic session of the 2016 Euromoney conference on Monday, various experts shared their views on the recent agreement with the International Monetary Fund (IMF) and the country's fiscal and monetary policies.
Angus Downie, the chief (...)
A governmental delegation will visit Paris from 10-14 October to learn more about the mechanisms of adopting the French complete social health insurance system. The visit comes as a response to an invitation by the Agence Française de Développement (...)
Prime Minister Sherif Ismail said that the petroleum sector has been supplying 1.1m LPG cylinders on a daily basis since 1 September, with an increase of 150,000 LPG cylinders compared to August.
The sector also prepared trucks with additional LPG (...)
The board of directors at the Egyptian Competition Authority (ECA) confirmed on Tuesday that beIN Sports violated the law concerning the protection of competition and prevention of monopolistic practices, according to a press release issued on the (...)
The Minister of International Cooperation Sahar Nasr confirmed that one of the government's priorities is to achieve food security for its citizens. These remarks came during a meeting held with the regional director of the United Nations Industrial (...)
In a symposium held by China Magazine on Sunday regarding the G20 summit, economic expert Amr Moussa said that Egypt will not benefit from attending the G20 summit, while vice president of the Division of Home Appliances at the Cairo Chamber of (...)
The US-Egypt Business Council (USEBC) strongly supports the Egyptian government's request for a $12bn loan over three years, according to an email USEBC chairperson John Christmann sent to International Monetary Fund (IMF) managing director (...)
The Ministry of Expatriate Affairs and a number of Egyptian expatriates submitted a recommendation to exempt returning cars belonging to expatriates from customs fees, in return for a deposit at the Central Bank of Egypt worth $10,000-20,000 to be (...)
KarmSolar for renewable energy is planning on opening and activating Egypt's first solar-powered electricity station on 25 September. The plant will sell energy to the private sector, namely to Juhayna in Al-Wahat Al-Bahareya, at a capacity of (...)
Forbes Middle East celebrated the Arab World's top 100 real estate companies, including public, private, and international real estate, as well as real estate consulting companies.
According to Forbes' press release, 36 out of the top 50 real estate (...)
Colliers International for real estate consulting services published its 3-month rolling forecast for August until October on Thursday.
The report showed a drop in revenues per available rooms (RevPAR) in recreational cities like Hurghada and Sharm (...)
"Any ergot-infected wheat imports are to be banned from entering Egypt," announced the Ministry of Agriculture, pointing out that even wheat that is apparently 0% infected will not be allowed.
Minister of Agriculture Essam Fayed issued ministerial (...)
Founder and chairperson of Ousta Nader El-Batrawi said his company was able to secure a $1.25m bridge investment round on Sunday for capital increase. The round was led by angel investors and venture capitalists from Egypt and the United Arab (...)
Minister of International Cooperation Sahar Nasr reached an agreement with the World Bank to increase the number of governorates included in the Natural Gas Supply Project to 20 instead of 11 through the inclusion of some of Upper Egypt (...)
Oil prices are expected to remain at a low price point, moving between $40-$60 per barrel over the medium term, said Steffen Dyck, a senior credit officer at Moody's, in a report published on Monday.
In an earlier statement by Dyck in July, he said (...)
"Egypt is stable. We have a strong army, a just judicial system, and an efficient parliament," Prime Minister Sherif Ismail said in a meeting at the Egyptian Federation of Investors Association (EFIA) headquarters on Sunday in a response to a (...)
Electrolux has been successful at increasing the use of local Egyptian components for electric heaters from 70% to more than 90%, and raising that in fridges above 70%, said Lorenzo Milani, the general director of the commercial group for the MENA (...)